According to the Zhitong Finance and Economics APP, on Friday, the aluminum sector fell. As of the time of publication, Century Aluminum (CENX.US) dropped by 4.7%, Alcoa (AA.US) fell by over 4.6%, and Kaiser Aluminum (KALU.US) dropped by nearly 2%. On the news front, Citigroup stated that the uncertainty surrounding the November U.S. presidential election will dampen global risk appetite and may delay the Chinese government's stimulus plan, thereby hindering a significant rise in metal prices.
In recent months, due to concerns about slowing demand and the unsettled global economy, prices of metals such as copper and aluminum have fallen. Earlier this week, Goldman Sachs lowered its 2025 copper price forecast by $5000, intensifying the increasingly cautious tone in the commodity markets

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On Friday, the aluminum sector fell. As of the time of publication, Century Aluminum dropped by 4.7%, Alcoa fell by over 4.6%, and Kaiser Aluminum dropped by nearly 2%. On the news front, Citigroup stated that the uncertainty surrounding the November U.S. presidential election will dampen global risk appetite and may delay the Chinese government's stimulus plan, thereby hindering a significant rise in metal prices. In recent months, concerns about slowing demand, coupled with anxiety about the global economy, have led to a pullback in prices of metals such as copper and aluminum. Earlier this week, Goldman Sachs lowered its 2025 copper price forecast by $5000, exacerbating the increasingly cautious tone in the commodity markets

- Aluminum sector declined on Friday with Century Aluminum (CENX.US) down by 4.7%, Alcoa (AA.US) by over 4.6%, and Kaiser Aluminum (KALU.US) by nearly 2% at the time of reporting.
- Citigroup mentioned that uncertainty around the November U.S. presidential election would dampen global risk appetite, potentially delaying China's stimulus plans, hindering a significant rise in metal prices.
- Concerns over slowing demand, coupled with global economic unease, have led to a retreat in metal prices from copper to aluminum, with Goldman Sachs lowering its 2025 copper price forecast by $5000 earlier this week, intensifying a cautious tone in the commodity market.