On the market side, the market supply is still tight this week, especially the price has been lowered once, and the holders are reluctant to sell, so the market supply is less and the price is firm. Because of the shortage of raw materials, manufacturers raise prices to receive goods. In addition, it is understood that the supply of aluminum alloy ingots has decreased this week and the price has been continuously raised. This week's increase is mostly in the range of 200-300 yuan/ton. At present, the mainstream price of ADC 12 aluminum alloy ingot is around 19300. Next week, the market predicts that the short-term price is expected to remain firm under the support of tight supply of waste aluminum and recycled aluminum ingots, and it is expected to continue to rise next week.

In this period, the domestic spot aluminum price continued to rise after the shock, and it rose at the end of the period compared with the end of the previous period. As of August 1 1, the domestic spot aluminum price was 18830 yuan/ton, up by 430 yuan/ton, or 2.34%. The main reasons that affect the current spot aluminum price trend are as follows:

Recently, the market news is scarce, the macro trend tends to be stable, the bad news continues to digest, the market sentiment continues to improve, and the domestic aluminum price continues to rise; During this period, some aluminum plants faced an accident and stopped production, which affected the market sentiment to some extent and supported the upward trend of aluminum prices; The recent continuous rise in international aluminum prices has driven domestic aluminum prices higher. Aluminum processing market: The price of aluminum in this period showed a continuous upward trend after the shock, and it rose at the end of the period compared with the end of the previous period. Taking Shandong 3003 aluminum plate as an example, as of August 1 1, the mainstream price of Shandong 3003 aluminum plate was 2 1530 yuan/ton, which was 2.04% higher than that at the end of the previous period. During the period, the price of electrolytic aluminum went up, driving the price of aluminum to go up. Recently, the inflation level in the United States has weakened, the macro negative has continued to digest, and the market sentiment has continued to improve, making aluminum prices continue to rebound.