Recently, the output of electrolytic aluminum has continued to be at a high level, and the increasing pressure on overseas markets and domestic spot prices has had a certain inhibitory effect on aluminum prices. This article will analyze aluminum prices around these issues.

First of all, from the perspective of overseas markets, with the continued inflow of imported goods, the market demand for aluminum is gradually increasing. However, due to the intensification of international trade frictions, some imported aluminum may face increased tariffs, which will increase costs and put certain pressure on aluminum prices. In addition, the demand for aluminum in overseas markets is also affected by the global economic situation. If economic growth slows down or a recession occurs, it will put further downward pressure on aluminum prices.

Looking at the domestic market, the output of electrolytic aluminum continues to remain at a high level, resulting in sufficient market supply. At the same time, a huge buildup of inventory and larger-than-expected arrivals during the holidays put pressure on traders. Downstream traders generally adopt an attitude of lowering prices and cautious purchasing, resulting in a bleak outlook for aluminum prices. In addition, the price and trend expectations of aluminum in the domestic market are also important factors affecting aluminum prices. If the market's expectations for future aluminum prices are bearish, massive selling may occur, further suppressing aluminum prices.

Based on the above analysis, we can conclude that aluminum prices are expected to weaken in the short term. It is recommended that investors continue to hold short orders to cope with possible downside risks. At the same time, considering the poor demand prospects of the aluminum market after the holiday, spot trading is not active enough, and the overall weak trading volume between buyers and sellers in the market, aluminum prices are expected to fall today. Therefore, it is recommended that investors pay close attention to market dynamics, rationally allocate assets, and avoid risks.

In short, the increasing pressure on overseas markets and domestic spot prices has had a restraining effect on aluminum prices, and aluminum prices are expected to weaken in the short term. Investors should remain cautious and allocate assets reasonably to reduce potential risks.