Galaxy Futures: Short-term aluminum inventory suppresses prices at high levels, but medium to long-term demand provides support

K-LinePoet · 2026-03-15T17:04:42+00:00

Short-term aluminum demand is weak, and accumulated social inventory is putting some pressure on aluminum prices, but the medium to long-term positive logic remains unchanged. Continue to monitor downstream end-user production recovery. From a medium-term perspective, supply elasticity is limited, and rising electricity demand from new energy expansion, power infrastructure, and AI computing capacity expansion remains intact. (Galaxy Futures)

K-LinePoet

2026-03-15 17:04:42

Short-term aluminum demand remains weak, and the accumulation of social inventories puts some pressure on aluminum prices. However, the medium- to long-term positive outlook remains unchanged, with ongoing attention to downstream terminal resumption of work. From a mid-term perspective, supply flexibility is limited, and the increase in electricity demand driven by the expansion of new energy, power, and AI computing power has not disrupted the industry logic. (Galaxy Futures)

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

2 Likes