In October, the output of the 10 major non-ferrous metals increased by 12.9% YOY, in which the electrolytic aluminum output increased by 11.8%.
January to October, the output of the 10 major non-ferrous metals reached 33.34 million tons, increased by 10.3% YOY, and that of electrolytic aluminum was 18.16 million tons, increased by 9.2%. The output of alumina increased by 13.8%.
The price of electrolytic aluminum increased to some degree. In October, the average futures price of electrolytic aluminum was 14,441 Yuan per ton, increased by 0.6% MOM.