What are the reasons for the recent impact on aluminum prices

From March to July, the international aluminum price continued to decline, but the recent price has obviously increased. The reasons that affect the price are: 

1.The pace of interest rate hikes by the Federal Reserve has slowed down;

2. Concerns about the European energy crisis have rekindled, and the market is expected to reduce production;

3. The real estate policy has picked up.

Aluminum plants in some places have continued to grow in production capacity, while others have also lost money. There has been a decline in production costs, but the market demand has not met expectations. Due to the sharp drop in aluminum prices, the loss-making aluminum plants are not very willing to ship, and even have negative growth, resulting in an increase in smelter inventories.