铝：区间震荡，氧化铝：关注矿端扰动，铸造铝合金：跟随电解铝

Report Industry Investment Rating - Aluminum: Range-bound oscillation [1] - Alumina: Attention to ore end disturbances [1] - Cast aluminum alloy: Follow electrolytic aluminum [1] Core Viewpoints - The report updates the fundamental data of aluminum, alumina, and cast aluminum alloy, including futures market prices, trading volumes, positions, and spot market prices, inventory, and corporate profitability [1] - The trend strength of aluminum is 0, alumina is 1, and aluminum alloy is 0 [2] Summary by Related Catalogs Futures Market - Aluminum: The closing price of the Shanghai Aluminum main contract is 25,170, up 210 from the previous trading day; the LME Aluminum 3M closing price is 3,392, down 47 [1] - Alumina: The closing price of the Shanghai Alumina main contract is 2,965, up 9 from the previous trading day [1] - Aluminum alloy: The closing price of the aluminum alloy main contract is 23,830, up 175 from the previous trading day [1] Spot Market - Aluminum: The domestic aluminum ingot social inventory is 1345,000 tons, an increase of 35,000 tons from the previous trading day; the LME aluminum ingot inventory is 442,800 tons, a decrease of 2,500 tons [1] - Alumina: The domestic average price of alumina is 2,700 yuan/ton, up 2 yuan from the previous trading day; the CIF price of alumina in Lianyungang is 328 US dollars/ton, down 2 US dollars [1] - Aluminum alloy: The price of Baotai ADC12 is 24,600 yuan/ton, down 100 yuan from the previous trading day [1] Corporate Profitability - Electrolytic aluminum: The profit and loss of electrolytic aluminum enterprises is 8,492.36 yuan/ton, a decrease of 330 yuan from the previous trading day [1] - Alumina: The profit and loss of Shanxi alumina enterprises is -53 yuan/ton, unchanged from the previous trading day [1] Other Information - Sino-US are considering establishing a working mechanism to promote bilateral trade and investment cooperation, and discussing issues such as bilateral tariff levels and related non-tariff measures [2] - Indonesia is considering levying a "windfall tax" on commodities, and the government reaffirms its adherence to the 3% budget deficit red line [2]