---
title: "Understanding the Market | Aluminum Stocks Rise as Recent Aluminum Prices Fluctuate Strongly; Institutions Indicate Attractive Valuation in the Aluminum Sector"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/265460616.md"
description: "Aluminum stocks have performed strongly recently, with CHALCO rising 5.41% and CHINAHONGQIAO rising 4.75%. Aluminum prices have continued to rise since the end of October, with the average price in November being 21,490 yuan/ton, an increase of 3.32% from the low price in October. Analysts point out that low inventory and overseas power shortages will support high aluminum prices, and the aluminum sector is expected to have attractive valuations, with profit margins further expanding in the coming years"
datetime: "2025-11-12T07:36:02.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/265460616.md)
  - [en](https://longbridge.com/en/news/265460616.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/265460616.md)
---

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# Understanding the Market | Aluminum Stocks Rise as Recent Aluminum Prices Fluctuate Strongly; Institutions Indicate Attractive Valuation in the Aluminum Sector

According to Zhitong Finance APP, aluminum stocks are rising. As of the time of publication, China Aluminum (02600) is up 5.41%, trading at HKD 11.69; China Hongqiao (01378) is up 4.75%, trading at HKD 33.94.

In terms of news, according to Zhuochuang Information, aluminum prices have recently shown a strong upward trend, with the focus shifting upward. After a strong rise at the end of October, prices have repeatedly refreshed their yearly highs. As November progresses, aluminum prices continue to rise. As of November 10, the average daily price of domestic spot A00 aluminum was RMB 21,490 per ton, a month-on-month increase of 0.14%, and an increase of RMB 690 per ton from the low price in October, a rise of 3.32%. Zhuochuang Information pointed out that on the macro level, the focus during the November China-U.S. tariff window period is on changes in exports, and overseas supply disruptions have not yet eased. The Federal Reserve may lower interest rates by another 25 basis points in December, and combined with low inventory levels, these factors will support aluminum prices to maintain high levels.

Bank of America Securities indicated that the overseas market is currently facing challenges of power shortages and rising electricity prices, while China's electricity supply is sufficient. The bank expects that the cost advantages will expand in the coming years. Currently, China's aluminum supply has reached the limit of 45 million tons, and it believes that high-cost production globally will support Chinese aluminum prices and drive further expansion of corporate profit margins from 2025 to 2027. The bank anticipates that under the theme of empowering artificial intelligence and data center development, the aluminum sector's valuation is attractive

### Related Stocks

- [CHALCO (601600.CN)](https://longbridge.com/en/quote/601600.CN.md)
- [CHALCO (02600.HK)](https://longbridge.com/en/quote/02600.HK.md)
- [CHINAHONGQIAO (01378.HK)](https://longbridge.com/en/quote/01378.HK.md)

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