Everbright Securities Company Limited(601788) : the intensified disturbance of supply outside China will continue to push up the price of electrolytic aluminum

Securities Times network, Everbright Securities Company Limited(601788) pointed out that in the short term, the shutdown of aluminum enterprises caused by high power costs in Europe and the disturbance of Baise epidemic in China will continue to affect the global electrolytic aluminum supply. In the long run, the red line of electrolytic aluminum production capacity in China will limit the long-term supply of the industry. In the context of low global inventory, the disturbance of supply outside China is intensified, which will continue to promote the upward price of electrolytic aluminum. Continue to recommend Henan Shenhuo Coal&Power Co.Ltd(000933) , Shandong Nanshan Aluminium Co.Ltd(600219) , and pay attention to Aluminum Corporation Of China Limited(601600) .