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Aluminum market is relatively stable, prices are not affected by aluminum
The current aluminum market is relatively stable and the price has not been affected by aluminum, slightly stronger than yesterday. Market consumption improved on Friday and supplies remained tight. Today's trading range is between yuan/ton. Due to the recent strong copper trend, the local aluminum market, which is in short supply, may be able to get out of the rally under its lead. According to previous years, the zinc market will gradually enter the peak season from April. At present, the local limited electricity consumption is sluggish, and the zinc market is relatively quiet. However, lack of electricity and insufficient supply of concentrate also affected the operation of upstream zinc ingot producers. According to statistics from the China Nonferrous Metals Association, the national zinc production in January was only 169,600 tons, which was one of the lower monthly levels in recent years. It is expected that the consumption will improve in the later period and the zinc market will still have room for growth.