Shanghai aluminum afternoon review on March 30

Last week, aluminum prices showed a V-shaped trend, and rumors of dumping at the beginning of the week once caused aluminum prices to hit the limit, and the strengthening of downstream stocking willingness in the second half of the week made the inflection point of aluminum ingot inventory appear, and aluminum prices were repaired
.

The current fundamentals of the aluminum market are relatively healthy, and yesterday the social treasury went to the library again, which has some support
for aluminum prices.
There are obvious constraints of the "carbon peak" policy on the supply side, and downstream consumption has been eroded by certain profits in the short term due to the high price of aluminum, but the downstream start continued to rise slightly last week, mainly driven by terminal demand orders, and the high aluminum price was gradually transmitted
downward.
Follow-up suggestions pay attention to the destocking of aluminum ingots and the landing of the national reserve dumping, and tend to look at the adjustment of aluminum prices, if the adjustment to the downstream profit has a better repair, you can see better price upward support
.