Xin Lang Cai Jing·2026-03-09 08:37Core Viewpoint - The report from CICC indicates that the aluminum supply-demand gap is widening, and the vulnerability due to the US-Iran conflict is increasing. Coupled with positive global fiscal and monetary policies, aluminum prices are expected to reach new highs. Given the low cost environment, profits per ton of aluminum are likely to expand further [1] Group 1: Market Dynamics - The widening aluminum supply-demand gap is a significant factor influencing market conditions [1] - The US-Iran conflict is contributing to increased market vulnerability, impacting aluminum prices [1] - Global fiscal and monetary policies are creating a supportive environment for rising aluminum prices [1] Group 2: Profitability Outlook - The low cost environment is expected to lead to further expansion in profits per ton of aluminum [1] - Rising energy and alumina prices are factors to consider in the profitability outlook [1] Group 3: Investment Recommendations - Companies with high self-sufficiency in electricity and alumina are recommended for investment focus [1] - Specific companies to watch include Nanshan Aluminum International, China Hongqiao, China Aluminum, Tianshan Aluminum, and Huatong Cable [1]