SMM A00 Aluminum Ingot(CNY/mt)
On May 7, SMM aluminum price dropped sharply to CNY19,600/Mt.It is predicted that the price will rise tomorrow, and the aluminum price will fluctuate in the range of CNY19,500-20500.It is predicted that the price will rise tomorrow, and the aluminum price will fluctuate in the range of CNY19,500-20,500. At present, the total inventory of aluminum ingots is 513,000 tons, an increase of 200 tons from the previous day. It is expected that the pace of destocking may slow down or continue the trend of inventory recovery to support the price.
CNY 19,977
Average Price of the Last 3 Days
CNY 19,988
Average Price of the Last 5 Days
CNY 19,730
Average Price of this week