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铝合金期货,短期以何种思路对待?
Sou Hu Cai Jing·2025-06-11 03:43

Core Viewpoint - The newly launched aluminum alloy futures have attracted significant market attention, with initial trading showing a strong upward trend due to lower listing prices compared to spot prices [2]. Group 1: Market Performance - On the first trading day, aluminum alloy futures saw an overall increase, with the main contract 2511 rising by over 4% [2]. - The weighted average price of aluminum alloy increased by 4.41%, reaching 19,175 [2]. - The main continuous contract rose by 4.49%, with a latest price of 6,161 [2]. Group 2: Technical Analysis - Due to the lack of historical data for the newly listed aluminum alloy futures, traders are advised to focus on smaller time frame charts to capture sufficient volatility details for decision-making [4]. Group 3: Fundamental Analysis - Approximately 70% of the aluminum alloy futures correspond to the transportation sector, including automotive, motorcycle, and electric vehicle industries, while the remaining demand comes from power electronics, home appliances, and machinery manufacturing [7]. - Despite being in a consumption off-season with low purchasing enthusiasm from downstream processing enterprises, the upcoming 618 mid-year consumption event and stable order volumes from automotive profile manufacturers may provide short-term support for aluminum alloy prices [7]. - However, there are concerns about potential oversupply due to relatively low technical barriers in aluminum alloy production, which could lead to high inventory pressure and selling hedging pressure if terminal consumption weakens [9].