標普500指數日內跌幅擴大至1%，納指現跌1.61%，道指跌0.67%。

早盤開盤，國內期貨主力合約跌多漲少。燃料油、低硫燃料油（LU）跌超5%，SC原油跌超4%，液化石油氣（LPG）跌近4%，聚丙烯、純苯、聚丙烯月均、瀝青跌超3%。漲幅方面，滬銀漲超1%，菜粕、集運歐線、滬金、鉑、國際銅、原木漲近1%。

At a Q3 2026 earnings briefing, Wang Li, acting general manager, said Kweichow Moutai is shifting to a consumer‑centred, demand‑driven distribution model and abandoning channel stockpiling via prepayments. Self‑operated channels now reach consumers directly and some social‑channel SKUs are sold on consignment (ownership not transferred), both of which do not generate advance receipts. The company has implemented a dynamic allocation model that assigns product by region and dealer based on sell‑through and inventory, and collects payment only immediately before allocation to preserve channel health. As market‑driven operations deepen, industry prepayment practices no longer reflect end‑consumer demand; advance‑receipt balances should not be treated as a primary supply‑demand indicator.