SMM Analysis: Domestic electrolytic aluminum operating capacity approaching peak, photovoltaic incremental and building aluminum underpinning, expected to reach a tight balance state throughout the year. According to SMM's preliminary survey and calculation, with the promotion and completion of the restart work of electrolytic aluminum in Yunnan region, the domestic electrolytic aluminum operating capacity has been repaired higher than that in the second quarter. At present, the main aluminum plants in Yunnan have basically restarted, with a total restart scale of 1.8 million tons. At present, the total operating capacity in Yunnan Province is about 5.49 million tons, and there are still 130,000 tons to be restarted and 160,000 tons of transferred capacity to be put into production.
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