Recently, there are signs of aluminum rebound, mainly due to...

Recently, there are signs of a rebound in aluminum, mainly due to China canceling export tax rebates for aluminum and copper materials.

The impact of China's export tax rebate cancellation on aluminum is higher than copper. This cancellation of export tax rebates for aluminum materials, to some extent, may increase the export costs of aluminum export companies and inhibit the export enthusiasm of China's aluminum processing enterprises.

The decrease in China's aluminum export volume will affect the global aluminum supply. When demand remains the same and supply decreases, the price of aluminum will rise. This will be a good thing for Malaysia's Pmetal and LBALUM.

There are risks in the market, investment needs to be cautious. This article does not constitute personal investment advice, nor has it taken into account individual users' specific investment goals, financial situations, or needs. Users should consider whether any opinions, viewpoints, or conclusions in this article are suitable for their specific circumstances. Investment based on this information is at one's own risk.