The metal market was mixed, and Shanghai aluminum maintained high volatility

Abroad, the European energy crisis is still disrupting supply, soaring electricity prices have caused Europe's two largest aluminum plants to reduce production, and expectations of overseas supply shortages have boosted market sentiment
.

Domestically, the state launched the "14th Five-Year Plan" raw material industry development plan, emphasizing the need to promote ultra-low emissions and clean production of the electrolytic aluminum industry, promote the transfer of the electrolytic aluminum industry from "coal-electricity-aluminum" to "transmission, wind power and other clean energy-aluminum", the conversion of energy structure is expected to raise smelting costs within a certain period of time, the price of internal and external disks forms a resonance, aluminum prices rise slightly, and it is expected to maintain high-dimensional shock operation
in the short term.

In terms of inventory, as of December 27, China's electrolytic aluminum social inventory was 847,000 tons, down 25,000 tons from last Thursday (December 23), compared with 600,000 tons in the same period last year.

In terms of price, the current aluminum market fundamentals are relatively stable, short-term need to pay attention to the continuation of European power problems and domestic year-end consumption, aluminum prices may be affected by market sentiment fluctuations
to maintain volatility.