SMM A00 Aluminum Ingot(CNY/mt)
SMMA00 aluminum price rebounded slightly, up CNY 100/Mt. Aluminum market supply slowed down and recent inventory reduction was strong, with total inventory at the lowest level in recent years. The extent of the impact of the trade war on the global demand outlook remains to be seen, and the market will have repeated transactions on macro risks. It is expected that the short-term aluminum price will fluctuate between CNY19,500/Mt and CNY20000/Mt.
CNY 19,707
Average Price of the Last 3 Days
CNY 19,714
Average Price of the Last 5 Days
CNY 19,728
Average Price of this week