Aluminum Prices Forecast to Fluctuate Downward Amid Supply Constraints, Demand Recovery, and Global Economic Uncertainties

Published: Apr 3, 2025 17:57

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From a comprehensive perspective of the aluminum market, the supply side is constrained in terms of growth due to factors such as resources, capacity, and policies. On the demand side, driven by peak consumption seasons in industries like construction and automotive, there is a noticeable recovery, and inventory continues to deplete. Such fundamentals provide strong support for aluminum prices. However, the current global economic situation is complex. Overseas geopolitical conflicts have heightened risk aversion sentiment, and volatile trade policies, along with increased uncertainties such as tariffs and trade barriers, have disrupted market expectations, leading to more cautious market operations. Considering the supply side, demand side, and external risk factors, aluminum prices are expected to maintain a fluctuating downward trend in the short term, seeking a new balance in the tug-of-war between longs and shorts.

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