铝：区间震荡氧化铝：小幅下跌铸造铝合金：跟随电解铝

Report Industry Investment Ratings - Aluminum: Range-bound trading [1] - Alumina: Slight decline [1] - Cast aluminum alloy: Following electrolytic aluminum [1] Core Viewpoints - The report provides updated fundamental data on aluminum, alumina, and cast aluminum alloy, including prices, trading volumes, open interests, spreads, and inventories in both the futures and spot markets [1] Summary by Related Catalogs Futures Market - Electrolytic Aluminum: The closing price of the Shanghai Aluminum main contract was 20,560, down 45 compared to T - 5; the LME Aluminum 3M closing price was 2,565, down 41 compared to T - 5. The trading volume and open interest of the Shanghai Aluminum main contract decreased, and the LME Aluminum 3M trading volume also decreased. The LME注销仓单占比 decreased, and the LME Aluminum cash - 3M spread and other spreads showed different changes [1] - Alumina: The closing price of the Shanghai Alumina main contract was 3,227, down 80 compared to T - 5. The trading volume and open interest of the Shanghai Alumina main contract decreased, and the spreads also changed [1] - Aluminum Alloy: The closing price of the aluminum alloy main contract was 20,005, up 75. The trading volume decreased, and the open interest increased slightly. The spreads and other indicators also showed corresponding changes [1] Spot Market - Electrolytic Aluminum: The pre - baked anode market price, aluminum rod processing fees, and other prices showed different trends. The electrolytic aluminum enterprise profit was 3,791.59, and the import and export profit and loss also changed. The domestic and LME aluminum ingot inventories showed different trends [1] - Alumina: The domestic average price of alumina increased, and the prices of imported alumina and bauxite from different regions also changed. The alumina enterprise profit in Shanxi changed [1] - Aluminum Alloy: The theoretical profit of ADC12, the price of Baotai ADC12, and other indicators changed, and the three - place inventory decreased [1] - Caustic Soda: The price of Shaanxi ion - exchange membrane liquid caustic soda (32% converted to 100%) increased [1] Other Information - Trump will decide on new Fed governors this week, rule out the possibility of Treasury Secretary Bessent as Fed chairman, and announce drug and chip tariffs within a week and significantly increase tariffs on India within 24 hours. He also criticized Powell for late interest - rate cuts and narrowed the potential candidates for the future Fed chairman to four [3] - The trend strength of aluminum, alumina, and aluminum alloy is 0, indicating a neutral outlook [3]