Core Viewpoint - The aluminum oxide futures market is experiencing a downward trend with weak performance, influenced by supply and demand dynamics, and various market factors [1] Group 1: Market Performance - On August 15, the aluminum oxide futures market showed a decline, with the main contract opening at 3236.0 CNY/ton and fluctuating between a high of 3268.0 CNY and a low of 3160.0 CNY, reflecting a drop of approximately 2.12% [1] - The overall market sentiment indicates a weak performance for aluminum oxide, with prices expected to remain under pressure due to oversupply and limited demand growth [1] Group 2: Institutional Perspectives - Guangzhou Futures noted that the aluminum oxide futures have turned into a discount, with continuous increases in warehouse receipts and an impending referendum in Guinea affecting supply, leading to an oversupply situation [1] - Copper Crown Jin Yuan Futures highlighted a stalemate in the aluminum oxide market, with expectations of long-term capacity increases and short-term impacts from events affecting transportation and production [1] - Wukuang Futures pointed out ongoing disturbances in domestic and international ore supply, which may support ore prices, but the oversupply situation in aluminum oxide production remains challenging [1]
氧化铝市场供应趋于过剩 盘面逢高布局空单
Jin Tou Wang·2025-08-15 07:35