According to the prediction of the Power Investment Energy, the demand for electrolytic aluminum in China will continue to increase in the next ten years, and it is expected to reach more than 43 million tons by 2028. The supply-demand relationship is one of the important factors affecting the price of electrolytic aluminum. With the implementation of China's supply-side reform and the slow growth of global electrolytic aluminum production, the supply of electrolytic aluminum will become tighter in the future. The global loose monetary policy, raw material prices and rising labor costs will support the aluminum price to operate within a reasonable profit margin, and the future price trend of aluminum ingot is optimistic.
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