Industrial metals: Social financing data in January exceeded expectations, and steady growth was gradually realized

Industrial metals: Social financing data in January exceeded expectations, and steady growth was gradually realized

Aluminum: Supply disturbances at home and abroad continue, and the price of electrolytic aluminum rises strongly.

The overseas energy crisis continued, the price of natural gas rose, and the supply of electrolytic aluminum enterprises in Europe gradually weakened. Domestically, the resumption of electrolytic aluminum production continued after the holiday, but due to the restrictions on production during the Winter Olympics and the impact of the epidemic in Baise, Guangxi, supply disruptions continued. At present, the profit per ton of electrolytic aluminum has reached about 4,000 yuan. Under the background of supply disturbances at home and abroad, the aluminum price is expected to remain high in the future.