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铝:继续震荡,氧化铝:短期横盘,铸造铝合金:跟随电解铝
Guo Tai Jun An Qi Huo·2025-10-29 02:21

Report Summary 1) Report Industry Investment Rating - No industry investment rating information is provided in the report. 2) Core Viewpoints - Aluminum is expected to continue oscillating, alumina to remain flat in the short - term, and cast aluminum alloy to follow the trend of electrolytic aluminum [1]. 3) Summary by Relevant Catalogs Futures Market - Aluminum: The closing price of the Shanghai Aluminum main contract was 21,140, down 220 from T - 1. The trading volume was 187,481, down 21,767 from T - 1. The LME Aluminum 3M closing price was 2,894, up 16 from T - 1. The LME注销仓单占比 was 13.09%, down 9.62% from T - 1 [1]. - Alumina: The closing price of the Shanghai Alumina main contract was 2,817, down 12 from T - 1. The trading volume was 314,332, up 35,771 from T - 1 [1]. - Aluminum Alloy: The closing price of the aluminum alloy main contract was 20,575, down 140 from T - 1. The trading volume was 2,553, down 4,162 from T - 1 [1]. Spot Market - Aluminum - related Premiums: The Shanghai Bonded Area Premium was 83, unchanged from T - 1. The EU Rotterdam Aluminum Ingot Premium (MB) was 307.5, up 20 from T - 1 [1]. - Processing Fees: The Foshan Aluminum Rod processing fee was 220, unchanged from T - 1. The Shandong 1A60 Aluminum Rod processing fee was 100, down 100 from T - 1 [1]. - Price Differences: The aluminum ingot scrap - refined price difference was 232, down 72 from T - 1 [1]. Enterprise - related Data - Electrolytic Aluminum: The electrolytic aluminum enterprise profit was 5,114.54, up 6.74 from T - 1. The aluminum spot import profit was - 2,438.43, up 52.5 from T - 1 [1]. - Alumina: The average domestic alumina price was 2,910, unchanged from T - 1. The alumina enterprise profit in Shanxi was - 120, unchanged from T - 1 [1]. - Aluminum Alloy: The theoretical profit of ADC12 was 29, up 2 from T - 1 [1]. Other Information - ADP Employment Data: As of the four - week period ending October 11, the average number of new private - sector jobs in the US was about 14,000. ADP will start releasing weekly preliminary estimates of the ADP National Employment Report this week [2]. - "15th Five - Year Plan": The "15th Five - Year Plan" proposal mentioned "finance" 17 times and put forward requirements such as "accelerating the construction of a financial power" [2]. - Trend Intensity: The trend intensity of aluminum, alumina, and aluminum alloy is 0, indicating a neutral outlook [2].