Shanghai Aluminum rose slightly on the 8th, which led to a slight increase in local aluminum prices during the light trading. At present, the overall situation of the market has not changed much. The aluminum ingots in the market have decreased from the previous period, and the local inventory is about 15,000 tons. Due to the expected impact of the recent arrival, the Dachang's reluctant sales mentality is relatively strong. Today's aluminum market trading range is yuan / ton level. Judging from the recent trend of domestic aluminum prices, the domestic aluminum market is generally in a dull state in the past half month. The price fluctuation range of aluminum ingots in Shanghai has further narrowed, and the price of aluminum ingots in the Yangtze River once stayed at yuan/ton for several consecutive days. In the previous period, the local aluminum market was mainly at the level of RMB 16,400-16,500/ton, indicating that the domestic aluminum market is basically at the bottom of the price. If there is no risk of policy, there will be limited space for aluminum prices to fall in the future.
Jiangsu Dingtian Stainless Steel Products Co., Ltd. , https://www.dingtiancasting.com