After the holiday, the internal metal market rose and the whole was running in a narrow range

In terms of domestic prices, the quotation of domestic large-scale recycled aluminum enterprises remained unchanged at 24300-24500 yuan / ton; In terms of small and medium-sized factories, the quotation was also not adjusted much, maintaining at 23300-23500 yuan / ton
.
In terms of imports and exports, quotations did not change much, and the immediate loss of imports narrowed slightly
.
Intraday aluminum prices and silicon prices fluctuate little, recycled aluminum prices are also relatively stable, the first trading day after the National Day holiday, but many downstream enterprises due to power rationing and other factors to restrict the start of work is relatively low, traders shipments positive, but the overall market transaction is general.

On the supply side, affected by the "carbon neutrality", "carbon peaking" and dual control policies on energy consumption, the uncertainty of resuming production in Yunnan, Guangxi, Guizhou, Inner Mongolia, Qinghai and Shaanxi is high.
During the National Day period, the electricity policy basically continued the previous trend, and the new production capacity on the supply side basically formed a ceiling, and the probability of violent release of production capacity was not large
.
The downstream operating rate is also affected to a certain extent, superimposed on the current high aluminum price, testing the downstream undertake, stockpiling risk, downstream on-demand procurement, upstream and downstream game intensified
.
In the short term, it is expected that under the action of high cost factors, aluminum prices will have a high probability of high platform shock operation
.

After entering the fourth quarter, the domestic supply and demand pattern is still in a tight state, and the supply gap under the production reduction storm has formed a greater support for aluminum prices, and it is expected that the supply and demand situation will continue until the first quarter of next year, and aluminum prices may still rise upward in the medium and long term; In the short term, the inventory side continues to accumulate, as of the low in September, the domestic social library has increased to around 830,000 tons, an increase of about 70,000 tons over the previous month, and the downstream peak season consumption has not met expectations, it is expected that the recent aluminum price is difficult to have an actual rebound, or mainly to shock adjustment, the overall stability, pay attention to the shock range of 22500-23000
.