Aluminum prices are trending strongly, and short-term market sentiment is high

Recently, the disturbance of aluminum supply in overseas markets has also strengthened, and the European energy crisis, Brazil's hydropower shortage, India's lack of coal power and other issues have aggravated market concerns, and the price of aluminum has repeatedly reached new highs
.

Fundamentally, the supply side continues to increase power rationing and production and dual control of energy consumption, continuously interfering with the release of electrolytic aluminum production capacity, and at present, Guangxi, Xinjiang, Shaanxi, Yunnan, Guizhou and other places have been affected to a certain extent, and it is difficult to settle new production within the year
.

Holders on the consumer side actively ship goods to realize cash, and the receiving party is bullish and wait-and-see, and the enthusiasm for procurement is average
.
However, affected by the outbreak of the new energy vehicle market, the demand for aluminum foil used in power batteries is hot, and aluminum foil orders are scheduled for next year, and the market is hot
.
Inventory data shows a slight accumulation of aluminum ingots
.

In terms of price, the supply and demand ends of aluminum will still benefit from the influence of the concept of "carbon neutrality" for a long time in the future, and it is recommended to go long on the dip, and it is also recommended to treat it with a long idea in the cross-variety arbitrage strategy
.