Concerns about the escalation of the US-China trade war have subsided in the short term. The market remains optimistic about the Ministry of Commerce and other five departments’ efforts to regulate “involutionary” competition in urban commerce. At the same time, concerns about production uncertainties caused by the control of heavy pollution weather in autumn and winter have increased. The prices of bulk raw materials, especially alumina, have rebounded significantly, further boosting market sentiment.

(Chinese version)

(English version)