SMM A00 Aluminum Ingot(CNY/mt)
On June 24th, the price of SMMA00 aluminum ingot price CNY20,650/Mt, down CNY110/Mt compared with the previous trading day.The recent high and strong operation of aluminum prices has suppressed demand growth, and the outbound volume is expected to weaken. The recent important positive factors of aluminum prices have weakened. Pay attention to the short-term downward repair demand of aluminum prices. Aluminum ingots and aluminum bars were both in a state of accumulation over the weekend. Aluminum bars accumulated 10,000 tons compared with last Thursday, and the social inventory of aluminum ingots was below 500,000 tons. The inventory of electrolytic aluminum ingots was 464,000 tons, an increase of 15,000 tons month-on-month; the inventory of aluminum bars in the mainstream domestic consumption areas was 134,500 tons, an increase of 10,000 tons month-on-month.
The US interest rate remained unchanged, geopolitical disputes in the Middle East were frequent, and macro risk pricing was increased again. The marginal weakening trend of demand has gradually established, and there is a game between low ingot volume and low warehouse squeeze effect. Be alert to volatility risks and wait for the macro sentiment to become clear and the inventory turning point to appear.
CNY 20,717
Average Price of the Last 3 Days
CNY 20,734
Average Price of the Last 5 Days
CNY 20,660
Average Price of the Last 5 Days
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More convenient application
Lightweight and easy to install:Color coated aluminum coils are lighter than other metal materials, which can reduce the load on the ceiling structure and are easy to install and disassemble.
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Excellent performance
Enhanced the corrosion resistance of the ceiling: Color coated aluminum coil have strong moisture, chemical and pollutant resistance. Application to the ceiling can improve the overall corrosion resistance and extend the service life
slow the chalk of the ceiling: The colored aluminum coil has excellent anti-peeling, anti-fading and anti-chalking properties, which can ensure that the ceiling can maintain its appearance and performance for a long time without frequent maintenance.
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Learn about slitting process of colored aluminum Coil
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