Toko Group bought aluminum in a big way on the London Metal Exchange, and against the backdrop of a sharp drop in inventories, it has become a key force in this historic round of shorting the market. According to data from the London Stock Exchange, before the November main contract expires next Wednesday, a number of institutions hold a large number of short-term aluminum contract longs. Judging from historical absolute values, these positions are not particularly large, but they account for a very high proportion compared to the London Stock Exchange's deliverable inventory. The total volume of contract bulls in November according to the London Stock Exchange data has already surpassed the total inventory of 226,350 tons of the exchange. This inventory level is the lowest since 1990. Large holdings and aluminum stocks on the London Stock Exchange continued to decline, driving the market out of the steepest spot rise in decades this week. Recent monthly contracts were significantly higher than forward contracts. The spread fell slightly on Thursday, but it is still high.

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