宏观风险逐步落地，看好后续金属行情

Group 1: Market Overview - The price of praseodymium and neodymium oxide decreased by 0.88% this week, with expectations of a 20-25% reduction in monthly output due to stricter environmental inspections in December [5] - LME copper price increased by 2.75% to $11,870.5 per ton, while domestic copper price decreased by 0.96% to ¥93,200 per ton [2] - LME aluminum price rose by 2.80% to $2,955.50 per ton, and domestic aluminum price increased slightly by 0.07% to ¥22,200 per ton [3] - COMEX gold price increased by 0.79% to $4,368.7 per ounce, influenced by geopolitical risks [4] Group 2: Supply and Demand Dynamics - Domestic copper inventory saw a slight increase of 0.79% week-on-week, with expectations of reduced imports and stable domestic supply [2] - Domestic aluminum production capacity remains high, with an operating rate of 79.85%, but inventory pressures are evident as production continues to accumulate [3] - The supply of antimony is expected to decline due to reduced overseas production, while demand remains stable, indicating a potential upward trend in global antimony prices [5] - Lithium carbonate price increased by 3.66% to ¥96,700 per ton, while hydroxide lithium price decreased by 0.25% to ¥87,000 per ton [6] Group 3: Export and Future Outlook - China's magnetic material exports in October increased by 16% year-on-year but decreased by 5% month-on-month, with a more optimistic outlook for future demand due to expected easing in export restrictions [5] - The overall sentiment in the aluminum processing sector remains weak, with a decrease in operating rates among major processing enterprises [3] - The market for tin is expected to remain strong due to low inventory levels and supply disruptions in key overseas mining regions [5]