After two consecutive days of callbacks, copper prices stopped falling and volatile, while aluminum prices continued to strengthen supported by fundamentals. In terms of copper, the overall supply situation is improving. Domestic imported refined copper is gradually entering the warehouse, and the third round of dumping is superimposed. The market supply will increase. The consumer-side automobile industry is weak. It is expected that Shanghai Copper will be weakly consolidating in the near future. In terms of electrolytic aluminum, the dual control of energy consumption and power restrictions continue to ferment. The supply contraction is expected to have strong support for aluminum prices, and the three-time dumping of reserves is far less than the reduction in output. Therefore, the impact of the dumping of reserves on prices is limited, and the third time of dumping reserves has already been The rise to around 20,000 yuan also supports aluminum prices.