中信证券：供给扰动持续升温，关注铝板块机会

Core Viewpoint - The aluminum industry is facing supply disruptions due to recent attacks on EGA and Alba's aluminum plants, affecting a total capacity of 3.1 million tons per year, which may lead to unexpected price increases in the sector [1][1]. Group 1: Supply Disruptions - Attacks on EGA and Alba's aluminum plants occurred on March 28-29, impacting 3.1 million tons per year of production capacity [1][1]. - Prior to these incidents, there was already a reduction of 560,000 tons per year in production, indicating a rising risk of supply disruptions in the Middle East [1][1]. Group 2: Market Implications - The increase in energy costs in Europe is also contributing to supply disruption risks that need to be monitored [1][1]. - The long-term supply and demand fundamentals in the aluminum industry remain strong, suggesting that supply disruptions could lead to prices rising beyond expectations [1][1]. - The aluminum sector is viewed positively for investment opportunities amid these supply challenges [1][1].