SMM Aluminum Futures Brief: SHFE Aluminum Rises, Alumina Prices Hit Bottom; Short-term Downside Risks Persist

【SMM Aluminum Futures Brief: SHFE Aluminum Center Quickly Shifted Upward Today, Alumina Prices Bottomed Out】

SHFE aluminum overall: Fundamentals side, supply-side pressure slightly eased, but off-season demand remained weak, and the risk of social inventory buildup continued to grow. In the short term, aluminum prices are expected to fluctuate downward. In the long term, attention should be paid to the US Fed's future interest rate cut stance and changes in the pace of consumption recovery.