2026年1月第4周，共计16个工作日，巴西累计装出铝矿石和铝精矿22.71万吨，去年1月为20.9万吨。日 均装运量为1.42万吨/日，较去年1月的0.95万吨/日增加49.39%。 1月27日，电解铝现货沪伦比值为7.59，进口盈亏：-2240.15元/吨，上一交易日进口盈亏：-2392.65元/ 吨。 品种 开盘价 最高价 最低价 收盘价 LME铝 3182.5 3213.5 3153.0 3212.5 0.53% 【铝市场消息速递】 北京时间1月28日，伦敦金属交易所(LME)铝期货价格继续爬升，开盘报3220美元/吨，现报3243美元/ 吨，涨幅0.95%，盘中最高触及3243美元/吨，最低下探3219美元/吨。 更新时间： LME铝期货行情回顾： 1月27日伦敦金属交易所(LME)铝期货行情 1月27日，伦敦金属交易所（LME）：铝注册仓单479500吨。注销仓单22750吨，减少250吨。铝库存 502250吨，减少3025吨。 ...

Group 1 - The main aluminum futures contract in Shanghai closed at 21,775.00 CNY/ton, experiencing a decline of 1.67% [1] - In the first week of December 2025, Brazil exported a total of 0.05 million tons of aluminum ore and aluminum concentrate, a significant decrease from 31.96 million tons in December of the previous year [2] - The daily shipping volume averaged 0.01 million tons per day, down 99.3% compared to 1.52 million tons per day in December of the previous year [2] Group 2 - The Chongqing Ecological Environment Bureau issued a yellow alert for heavy pollution, requiring industrial enterprises to reduce production loads, suspend operations, and enhance pollution control measures [2] - As a result of the pollution alert, some recycled aluminum companies have begun to suspend operations or reduce production loads [2] - The price range for remelted aluminum ingots (Al99.7) was 21,860-21,900 CNY/ton, with an average price of 21,880 CNY/ton, down 40 CNY/ton from the previous day [2] Group 3 - Dongwu Futures noted that macroeconomic factors are dominating, with expectations of a Federal Reserve rate cut in December and a weakening dollar boosting non-ferrous metal prices, including aluminum [3] - The current market is characterized by subdued trading activity, with high prices and seasonal demand weakness leading to a focus on essential purchases by downstream enterprises [3] - Domestic electrolytic aluminum production capacity remains stable, and while demand is in a seasonal lull, the resilience of end-user consumption and low inventory levels provide strong support for aluminum prices [3] Group 4 - Zhongcai Futures highlighted that the consensus in the market is leaning towards a continued rate cut by the Federal Reserve, with significant declines in private employment data and ongoing contraction in manufacturing PMI reinforcing expectations for policy shifts [3] - The London aluminum market continues to see inventory reductions, with Shanghai aluminum showing a decrease of 0.2 million tons compared to the previous week, indicating relatively strong performance [3] - However, due to the current off-season, high prices may exert pressure on demand, and further price increases could face resistance, with attention on the upcoming Federal Reserve meeting [3]

Group 1 - LME aluminum futures prices showed slight fluctuations, opening at $2893 per ton and currently at $2901.5 per ton, with a decrease of 0.09% [1] - On December 4, LME aluminum futures had an opening price of $2896.0, a highest price of $2911.0, a lowest price of $2877.5, and a closing price of $2887.5, reflecting a decrease of 0.33% [2] - The total shipment of aluminum ore and aluminum concentrate for the fourth week of December 2025 reached 436,000 tons, up from 400,600 tons in December of the previous year, with an average daily shipment of 22,900 tons, an increase of 8.85% year-on-year [2] Group 2 - As of December 4, LME registered aluminum warehouse receipts totaled 485,400 tons, while canceled receipts decreased by 2,500 tons to 45,500 tons, resulting in total aluminum inventory of 530,900 tons, also down by 2,500 tons [2] - The spot price ratio of electrolytic aluminum between Shanghai and London was 7.59, with an import loss of 1,866.48 yuan per ton, compared to an import loss of 1,929.02 yuan per ton on the previous trading day [2]

Group 1 - Brazil's total exports of bauxite and alumina reached 363,300 tons by the third week of August 2025, compared to 532,400 tons in August of the previous year [1] - The average daily shipment volume increased to 33,000 tons per day, marking a 36.46% rise from 24,200 tons per day in August of the previous year [1]

Group 1 - The core viewpoint of the article highlights the fluctuations in LME aluminum futures prices, with a current price of $2620 per ton, reflecting a slight decrease of 0.10% from the opening price [1] - On August 12, LME aluminum futures opened at $2582.0, reached a high of $2631.0, and closed at $2624.5, marking an increase of 1.53% [1] - The current spot price ratio of electrolytic aluminum in Shanghai to London is 7.96, indicating an import loss of -1363.42 yuan per ton, which is an improvement from the previous day's loss of -1546.36 yuan per ton [1] Group 2 - In the first week of August 2025, Brazil exported a total of 25.93 million tons of aluminum ore and aluminum concentrate, significantly lower than 53.24 million tons in August of the previous year, with a daily average shipment of 4.32 million tons, up 78.58% from 2.42 million tons last August [1] - As of August 12, LME reported aluminum registered warrants at 462,875 tons and canceled warrants at 14,225 tons, remaining unchanged, while total aluminum inventory increased by 1,250 tons to 477,100 tons [1]

Core Viewpoint - The LME aluminum futures prices are experiencing a slight upward trend, with current trading showing a price of $2598 per ton, reflecting a 0.46% increase from the opening price [1] Aluminum Market Overview - On August 11, LME aluminum futures opened at $2606 per ton, reached a high of $2624 per ton, and closed at $2585 per ton, marking a decrease of 1.11% [1] - In the first week of August 2025, Brazil exported a total of 25.93 million tons of aluminum ore and aluminum concentrate, a significant drop from 53.24 million tons in August of the previous year. The average daily shipment increased by 78.58% to 4.32 million tons per day compared to 2.42 million tons per day last year [1] - As of August 11, the electrolytic aluminum spot price ratio between Shanghai and London was 7.9, with an import loss of -1546.36 yuan per ton, slightly improved from -1581.27 yuan per ton on the previous trading day [1] - On August 11, LME reported aluminum registered warrants at 461,625 tons and canceled warrants at 14,225 tons, remaining stable; total aluminum inventory increased by 5,275 tons to 475,850 tons [1]