Workflow
铝:偏强震荡,氧化铝:下方有支撑铸造,铝合金:偏强震荡氧化铝
Guo Tai Jun An Qi Huo·2025-11-04 05:27

Report Industry Investment Ratings - Aluminum: Bullish and volatile [1] - Alumina: Supported at the bottom [1] - Cast aluminum alloy: Bullish and volatile [1] Core Viewpoints of the Report - The report updates the fundamental data of aluminum, alumina, and cast aluminum alloy, including prices, trading volumes, open interests, spreads, premiums, processing fees, and corporate profits and losses [1]. Summary by Related Catalogs Futures Market - Aluminum Futures: The closing price of the SHFE aluminum main contract was 21,600 yuan, up 300 yuan from the previous trading day; the LME aluminum 3M closing price was 2,909 US dollars, up 21 US dollars [1]. - Alumina Futures: The closing price of the SHFE alumina main contract was 2,789 yuan, down 4 yuan from the previous trading day [1]. - Aluminum Alloy Futures: The closing price of the aluminum alloy main contract was 21,065 yuan, up 260 yuan from the previous trading day [1]. Spot Market - Aluminum Spot: The domestic aluminum ingot social inventory was 614,000 tons, up 9,000 tons from the previous trading day; the aluminum ingot import loss was -2,331.90 yuan [1]. - Alumina Spot: The domestic average alumina price was 2,900 yuan, down 6 yuan from the previous trading day; the alumina import price in Lianyungang was 342 US dollars/ton [1]. - Aluminum Alloy Spot: The theoretical profit of ADC12 was -25 yuan; the price of Baotai ADC12 was 20,900 yuan, up 100 yuan from the previous trading day [1]. Other Data - Policy News: The Minister of Finance, Lan Foan, stated that not adding new implicit debts will be regarded as an "iron - clad discipline" and will promote the establishment of a unified long - term regulatory system for local government debts [3]. - US Employment Market: As of September, the number of corporate layoffs in the US was nearly 950,000, the highest since 2020 [3]. - Trend Intensity: Aluminum trend intensity is 1; alumina trend intensity is 0; aluminum alloy trend intensity is 1 [3].