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Jul 13, 2022

Analysis of Aluminum Ingot Price

Analysis of Aluminum Ingot Price

 POSTED ON JULY 13, 2022 BY PAILIAN ALUMINUM


Hot And Key Market


According to DALILVCAI.COM latest newsthe aluminum ingot price on July 13, 2022 as follow:

1. Nanhai Lingtong (including invoice): The interval price of aluminum ingot is ¥17570~17670 / ton, the average price is ¥17620 / ton, falling by ¥450 / ton;
2. Nanhai Lingtong (excluding invoice): The interval price of aluminum ingot is ¥16240~16340 / ton, the average price is ¥16290 / ton, falling by ¥420 / ton;

3. Guangdong Southern storage aluminum ingot (South China): The interval price of aluminum ingot is ¥17430~17490/ton, the average price is ¥17460/ton, falling by ¥380 /ton;
4. Guangdong Southern Storage Aluminum ingot (East China): The interval price of aluminum ingot is ¥17570~17610 / ton, the average price is ¥17590 / ton, falling by ¥400 / ton;
5. Changjiang aluminum ingot: The interval price of aluminum ingot is ¥17570~17610 / ton,the average price is ¥17590 / ton, falling by ¥390 / ton.


Brief comments on aluminum ingot prices:

Affected by the energy crisis euro below parity, LME aluminum prices closed down 0.72% overnight; However, the production of China's raw aluminum continues to rise and Rusal has never stopped supply though there is a depressed demand. As a result, aluminum ingots spot prices may fall today.


Forecast of aluminum ingot price for tomorrow:

There will be Little or No Change of aluminum ingot price tomorrow.

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