Group 1 - The geopolitical tensions in the Middle East have intensified, leading to increased market risk aversion, which has negatively impacted aluminum prices, with LME aluminum closing at $2,941 per ton, down $15 or 0.49% [1][2] - Domestic electrolytic aluminum supply remains stable, with no significant disruptions, while downstream operations have declined, leading to weaker consumption as the New Year approaches [2][3] - The overall aluminum consumption situation is still acceptable due to resilient demand from the new energy sector, although high aluminum prices are dampening downstream purchasing enthusiasm [2][3] Group 2 - The trading volume in the aluminum futures market has decreased, with LME aluminum trading volume dropping by 6,526 contracts to 15,068 contracts [1] - The current social inventory of electrolytic aluminum has not fully entered the accumulation phase and remains at a low level, providing some support for aluminum prices [2] - Short-term forecasts indicate a potential decline in spot aluminum prices due to weakening consumption [3]
长江有色: 元旦临近消费或走弱 23日铝价或下跌
Xin Lang Cai Jing·2025-12-23 03:34