Wang Hongfei, manager of Antaike aluminum Department, said that looking forward to 2020, there is downward pressure on the global economy, but next year is the end of the 13th five year plan, and stable economic growth is still our main line. The capacity replacement of electrolytic aluminum market is coming to an end, and the capacity will grow steadily in the future. The capacity ceiling of China's electrolytic aluminum is about 45 million tons / year. In terms of export, although aluminum exports are affected by trade frictions, there is a gap overseas, and it is difficult to supplement quickly in a short period of time, so the export volume does not have the conditions for a big drop. The global market is expected to be short of 950000 tons next year. In terms of balance forecast, China's electrolytic aluminum market will be surplus again in 2020, but the surplus is controllable. It is predicted that the surplus will be 330000 tons. (From LGMI)