Jinwu Financial News | Aluminum stocks rose collectively. Rusal (00486) rose 3.53%, China Aluminum (02600) rose 2.38%, and China Hongqiao (01378) rose 1.76%.
According to the Guoxin Securities Research Report, aluminum alloy materials have balanced properties, are being applied relatively late on a large scale, new application fields are constantly being discovered, and their demand potential was once underestimated. The bank believes that the real estate industry's demand for aluminum has passed its peak and will stabilize in the future; aluminum substitutes for copper, steel, and wood are on the rise, the amount of aluminum used per capita in developing countries has great potential, and there is still plenty of room for aluminum demand to grow. Coinciding with China's electrolytic aluminum production peaking in the next 1-2 years, the contradiction between global insufficient supply and demand for electrolytic aluminum is about to come to the fore.
