The aluminum prices in LME period are higher, and in the case where the squeezed prices continue, the price of aluminum in the short-term if there is no substantial lightening will be more difficult to fall back. It is expected that the short-term Alluminium will continue to have higher energy boosted by spot consumption. 3 because of the reduction of inventory continues to be conducive to higher prices, especially the spot contract prices have risen, but the continuous rise in spot prices will also bring about the wait-and-see attitude of consumer buying, making the price rise unsustainable.
It is expected that Shanghai Alcoa's price will continue to increase partly due to the short-term spot price pressure. Operationally, it is recommended that investors still need to wait patiently and wait for possible future investment opportunities in the market.
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