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SDIC ESSENCE FUTURES: Aluminum prices Morning Review, March 15

Views:5     Author:Site Editor     Publish Time: 2021-03-14      Origin:Site

Over the weekend, Baotou issued a dual-control document on energy consumption and requested the shutdown of more than 100,000 tons of aluminum production capacity, so that Inner Mongolia’s cumulative planned production reduction has been close to 300,000 tons, follow-up attention to specific implementation. 


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However, high prices continue to limit some demand, consumption has not yet reflected the peak season, and the opening of the raw aluminum import window will also affect the pace of destocking. Under the background of carbon emission topic, Shanghai aluminum maintain the recent shock interval callback buy ideas, consumption verification should not chase up.


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