Average price of 04.07-04.11:CNY 19,758/Mt
Affected by tariffs, aluminum prices fell sharply this week, down CNY 800/Mt compared with the average price last week. The overall destocking trend remained unchanged. The sharp drop in aluminum prices stimulated an increase in market purchasing demand. As of April 10, the inventory of aluminum ingots was 744,000 tons, a decrease of 30,000 tons from Monday this week and a decrease of 21,000 tons from Thursday last week.The impact of tariffs continues, and aluminum prices are expected to fluctuate greatly next week.
