Macro events are more concentrated and aluminum is affected to a certain extent

In terms of inventory, LME aluminum stocks were 1,049,700 tons, down 775 tons from the previous trading day, and the aluminum warehouse receipts in the previous period were 605552 tons, down 1,886 tons
from the previous trading day.

In terms of spot, the Shanghai transaction concentration was 13850~13860 yuan / ton, the discount for the month was 40~30 yuan / ton, the Wuxi transaction concentration was 13850~13860 yuan / ton, and the Hangzhou transaction concentration was 13880~13900 yuan / ton
.
The South China market has sufficient supply, the price difference every other month of the month is suitable, some middlemen receive more goods, traders are still active in shipments, downstream basic on-demand procurement, the overall transaction activity can be maintained by East China market holders to maintain a positive attitude of shipments, middlemen and downstream bargain hunting slightly received, but the overall transaction activity is still difficult to call good
.

In terms of alumina, Guiyang primary alumina quotation was 3140 yuan / ton, unchanged from the previous trading day; Shanxi first-class alumina quotation was 3185 yuan / ton, unchanged from the previous trading day; Henan first-class alumina quotation was 3185 yuan / ton, unchanged
from the previous trading day.

Markets await guidance from the US midterm election results and subsequent Fed interest rate meeting, cautious trading has put metals under general pressure, with aluminum and zinc performing the weakest
.
Domestically, the price of raw material alumina remained high, and the decline in aluminum prices led to further aggravation
of losses in the aluminum industry.
The spot market is rich in technology, the discount remains 40-30 yuan / ton, the long-term weakening of the consumer side is expected to suppress the market long sentiment, aluminum prices are still weak, the recent macro events are more concentrated, and there is a certain impact
on aluminum prices.