Posted on April 25,$CHALCO (02600.HK)$It rose more than 4%. As of press release, it was up 5.06% to HK$5.19, with a turnover of HK$193 million.

According to the news, on April 24, the latest price of spot aluminum was 20110 yuan/ton, up 7.71% from the February low. CITIC Securities believes that the apparent decline in inventories under short-term supply shocks validates the resilience of demand. It is expected that although there will still be an increase in the supply of electrolytic aluminum during the year, the growth rate will decline. It is expected that the domestic electrolytic aluminum industry will show a tight balance during the year, and aluminum prices and profits per ton of aluminum will remain high.

According to the Haitong Securities Research Report, the company not only has the largest number of domestic bauxite resources, but also has about 1.8 billion tons of bauxite resources overseas. It is expected that in the next three years, the company will benefit from the integrated layout advantages of bauxite-alumina-electrolytic aluminum, and usher in a period of rapid net profit growth.