Aluminum prices have recently fluctuated strongly, and the actual market demand is acceptable

In terms of spot, spot aluminum prices are strong, and the overall transaction of the market is good
.
On the demand side, China's import and export data in September performed strongly, indicating that China's economy maintained its recovery momentum and domestic market demand performed better
.

The results of the US election have not yet landed, the risk appetite of financial markets has fluctuated rapidly with the election situation and political and economic policy expectations, global asset prices, especially the high center of gravity of stocks and commodities, have further risen, and further rebound is more hope that a new round of economic stimulus measures will be introduced as soon as possible
.
At present, the high volatility of copper and aluminum led by macro factors awaits the direction of the macro trend, while the traditional off-season signs are strengthening on the fundamentals, and the medium line focuses on Sino-US monetary and fiscal stimulus policy guidance and dynamic supply and demand adjustment
.

In the future, the supply side with the acceleration of the resumption of production by aluminum enterprises, the supply side capacity is further released, while the downstream start remains stable, and the new production capacity in October further releases a certain suppression of electrolytic aluminum prices, limiting the upward momentum of aluminum prices, but China's low social inventory still supports aluminum prices
to a certain extent.
Macroscopically, the epidemic has been repeated overseas, and there is uncertainty
about the economic impact of the epidemic.