1, China started the domestic version of' QE (quantitative easing policy)' with the help of' shed reform' and railway construction to drive the consumption expectation of metals such as aluminum;
2. Domestic financial institutions, including Morgan Stanley, have adjusted their views on the prospects of commodity trading and gradually increased their investment;
3. In the past, the prices of metals such as nickel rose in turn, and now the increase in aluminum prices does not rule out the speculative increase of previous metal varieties.
4. With regard to aluminum, there are market rumors that Apple requires suppliers to prepare 70-80 million new iPhones before the end of the year, which is unprecedented, and aluminum is one of the main consumables for iPhones. Although it is only a rumor, it also shows that the market demand for aluminum is expected to pick up, and technically, aluminum may also replace steel and even plastics. "
According to public information, several international aluminum giants such as Alcoa, Rusal and Rio Tinto have closed several smelters in the past few years. At the same time, the global demand for aluminum is still very strong due to the substantial increase in aluminum used in the automobile industry.
6. According to the news of July 2 1, London Metal Exchange (LME) announced on Monday that aluminum inventories fell by 0.2% to 4,947,200 tons, the lowest level since September 20 12, and destocking clearly proved that aluminum demand is picking up.
7. A newly developed aluminum-metal composite fuel cell has been tested on electric vehicles, and the results are good. Industry analysts believe that the concept of aluminum battery is expected to receive market attention.
8. In terms of futures, attracted by global economic growth and cyclical industry fluctuations, investors are slowly returning to the commodity market, especially the funds are currently flowing from the grain market to industrial metals. At present, among the three colored varieties of aluminum, zinc and copper, copper is in a short-term correction after being sought after by funds in the early stage, while aluminum has won the "baton" and the price has gradually picked up.