On December 28, aluminum price moved down slightly

On December 27, aluminum prices shifted downward

 

According to the data of business agency, the average market price of domestic aluminum ingots in East China on December 28 was 19773.33 yuan / ton, down 0.20% from the average market price of 19813.33 yuan / ton on December 24; Compared with the average market price of 18900 yuan / ton at the beginning of the month (December 1), an increase of 4.62%.

 

At present, the aluminum price has fallen below the high and volatile operation range in the early stage. With the peak value of this year (October 19, 2021) and the average market price of aluminum ingots of 124240 yuan / ton, it has fallen by 18.43% recently. With the average market price of aluminum ingots of 15726.67 yuan / ton at the beginning of the year (January 1, 2021) as the benchmark price, it has risen by 25.73%.

 

influence factor

 

The price of overseas Lun aluminum is stagnant and slightly green. The transmission of natural gas from the United States to Europe has reduced the price of natural gas in Europe, slightly alleviated the energy contradiction, and the main driving force of this round of rise has gradually disappeared.

 

After the recent rebound of aluminum price, the market trading is general, mainly because the recent consumption has entered the off-season, especially the weak demand for building aluminum profiles and aluminum cables. It is expected that the output will increase month on month in December with the promotion of resumption of production in Yunnan on the supply side. It is expected that the domestic inventory destocking will slow down.

http://www.lubonchem.com/