供需仍均偏弱 铸造铝合金上方空间较为有限

Core Viewpoint - The main trend in the casting aluminum alloy futures market shows limited upward potential due to weak demand and rising production costs [2][3][4] Group 1: Market Performance - On August 4, the main contract for casting aluminum alloy futures experienced fluctuations, peaking at 19,975.0 yuan, and closing at 19,920.0 yuan with a slight increase of 0.15% [1] Group 2: Institutional Insights - WTO Futures: Anticipates limited rebound space for casting aluminum alloy prices due to low production profits and a slight increase in production [2] - Donghai Futures: Notes that weak demand constrains the upward potential of casting aluminum alloy prices, despite tight supply of scrap aluminum [3] - Ruida Futures: Observes light trading in the main aluminum alloy contract, with expectations of slight accumulation in inventory due to reduced downstream orders [4] Group 3: Supply and Demand Dynamics - The supply of scrap aluminum remains tight, leading to increased production costs and losses for some recycling plants, which may result in reduced operational capacity [3][4] - The downstream market is currently in a low demand season, with manufacturing orders showing significant weakness, contributing to the overall subdued supply-demand balance [3][4]