铝：继续收敛氧化铝：横盘小涨铸造铝合金：淡季压力逐渐显现

Report Summary 1. Report Industry Investment Rating No investment rating information is provided in the report. 2. Report's Core View The report updates the fundamental data of aluminum, alumina, and cast aluminum alloy, showing the price, trading volume, inventory, and other indicators of these products in the futures and spot markets, and also mentions some related news and the trend strength of these metals [1][3]. 3. Summary by Related Catalogs Futures Market - Aluminum: The closing price of the Shanghai Aluminum main contract was 20,770, up 85 compared to T - 5 and 835 compared to T - 66. The trading volume and open interest showed different degrees of change. LME aluminum 3M closing price was 2,603, down 21 compared to T - 1. The LME注销仓单占比 was 2.94%, down 0.03% compared to T - 1 [1]. - Alumina: The closing price of the Shanghai Alumina main contract was 3,205, down 35 compared to T - 1 and up 75 compared to T - 5. The trading volume and open interest also changed [1]. - Aluminum Alloy: The closing price of the aluminum alloy main contract was 20,165, up 25 compared to T - 1. The trading volume and open interest decreased [1]. Spot Market - Electrolytic Aluminum: The electrolytic aluminum enterprise profit and loss was 3,971.96, with no change compared to T - 1. The aluminum spot import profit and loss and 3M import profit and loss showed different changes. The domestic aluminum ingot social inventory was 57.10 million tons, with no change compared to T - 1 [1]. - Alumina: The domestic average price of alumina was 3,270, with no change compared to T - 1. The alumina prices at different ports also showed different trends [1]. - Aluminum Bauxite: The prices of aluminum bauxite from different sources remained stable [1]. - Aluminum Alloy: The ADC12 theoretical profit was - 118, with no change compared to T - 1. The prices of related products and the three - place inventory also changed [1]. - Caustic Soda: The price of Shaanxi ion - membrane liquid caustic soda (32% folded) was 2,710, with no change compared to T - 1 [1]. Comprehensive News - US Treasury Bonds: Overseas demand for US Treasury bonds was resilient in June, with the three major "creditors" (Japan, the UK, and China) all increasing their holdings. However, India and Ireland, which are in a trade dispute with the Trump administration, reduced their holdings [3]. - US Market Liquidity: Barclays Bank predicted that bank reserves in the US would drop sharply below $3 trillion in September, but the risk of a serious "funding crunch" was low [3]. Trend Strength The trend strength of aluminum, alumina, and aluminum alloy was all 0, indicating a neutral trend [3].