Overnight LME aluminum prices rose, LME aluminum inventory fell 550 tons to 1,229,475 tons. Because the price has risen by more than a hundred, the delivery of food is very positive, but the downstream fear of heights is more obvious, and the goods are not received much, and the trading between the two sides is slightly deadlocked.

A report released by the World Bureau of Metal Statistics (WBMS) on Wednesday showed that the global primary aluminum market had a shortage of 530,000 tons in January-September 2019, compared with 631,000 tons in 2018. From January to September, the demand for primary aluminum was 46.94 million tons, a decrease of 467,000 tons compared with the same period last year. From January to September, the output of primary aluminum fell by 362,000 tons compared with the same period last year. Chinalco plans to ship bauxite for the first time from Guinea's mines in early December. It is expected that the annual output of bauxite will be 12 million tons.

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