The United States announced higher tariffs on Chinese steel and aluminum products, raising the cost of exporting domestic products. The domestic electrolytic aluminum operation capacity is maintained, the drought in some areas of Yunnan affects the water level, and the local plan to resume production has not been acted on. The supply side is overall stable, aluminum ingot import profit window is closed, the probability of more flows to China after Russian aluminum sanctions, downstream enterprises due to high aluminum prices inhibit the start, enterprises to reduce the single amount, the domestic aluminum demand marginal repair under the peak season, the volume of export orders picked up, the absolute low inventory to the warehouse turning point, the overall price still maintains the trend of more judgment.