Group 1 - The core viewpoint of the articles indicates that the aluminum market is experiencing upward pressure due to a combination of rising copper prices, a weakening US dollar, and strong alumina prices providing cost support for aluminum prices [1][2]. - The Shanghai aluminum price increased by 0.6% to 22,520 CNY/ton, with a rise of 135 CNY [1][2]. - The LME aluminum inventory rose by 1,450 tons to 521,050 tons, reflecting a 0.28% increase [1][2]. Group 2 - Domestic aluminum supply remains stable, with limited pressure on supply despite seasonal demand weakening and a decrease in downstream processing rates, which fell by 0.6 percentage points to 60.8% [2]. - The market anticipates two interest rate cuts by the Federal Reserve in 2026, enhancing the attractiveness of industrial metals priced in dollars for overseas buyers [2]. - The upcoming national fiscal work conference is expected to signal continued implementation of more proactive fiscal policies, which could positively impact the market [2].
长江有色:沪铜狂飙掀起有色涨势热潮叠加美指下挫 29日铝价或上涨
Xin Lang Cai Jing·2025-12-29 02:43