SMM A00 Aluminum Ingot(CNY/mt)
The average price of A00 aluminum is CNY19,880/Mt. The social inventory of aluminum ingots continued to decline, falling to 771,000 tons, decrease of 3,000 tons from the previous month. The United States announced on the 9th that it would increase tariffs on China to 104% and China and Europe subsequently announced countermeasures. In the short term, aluminum prices were suppressed by macro news, and the attention and decline exceeded that of upstream alumina. The recent tariff storm is uncertain, and aluminum prices may continue to rise slightly.
CNY 19,780
Average Price of the Last 3 Days
CNY 20,088
Average Price of the Last 5 Days
CNY 19,805
Average Price of this week