sMM A00 Aluminum Ingot(CNY/mt)
Aluminum prices fluctuated widely this week, and today's aluminum prices fell by CNY 170 compared with last Friday.
As for Supply : Electrolytic aluminum supply remains high, alumina futures prices are lowered, spot prices remain high, and the expected smelting cost of electrolytic aluminum is lower.
As for Demand : Downstream demand is differentiated, and aluminum exports are expected to decrease in December after the rush to export aluminum ends.
As for Inventory: Aluminum ingots and aluminum bars have entered the accumulation mode, and overseas LME inventory reduction continues.
CNY 20,377
Average Price Of The Last 3 Days
CNY 20,382
Average Price Of The Last 5 Days
CNY 20,160
Average price this week