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Last week's scrap aluminum price compared with the previous week stagflation, especially raw aluminum, the previous days basically remained stable, Friday there was an upward adjustment, overall, last week scrap aluminum price more 100-200 yuan, the current South China mechanical aluminum mainstream around 14700, aluminum line around 16900, 6063 old material around 14850; In East China, the mainstream of aluminum alloy spraying old materials is around 14600, cans are around 13000, aluminum wire is around 16900, and first-class raw aluminum is around
14700.
In terms of finished alloy ingots, the price of alloy ingots last week was relatively stagnatant, especially in the East China market, in the case of East China spot aluminum weekly rise of nearly 500, last week the price of aluminum alloy ingots only increased by 100 yuan / ton, the current East China ADC12 mainstream price at 18900 yuan / ton
.
In terms of market transactions, due to the stagnation of alloy ingot prices, manufacturers received goods due to profit problems and reduced prices, and the holders shipped goods at a high price, and the transaction was slightly deadlocked; The price performance of aluminum profiles is better, the holders are worried that the price will be lower in the later period, the enthusiasm for shipment will improve, the market circulation supply is acceptable, and the manufacturer will maintain stable receipt; In addition, it is understood that due to the impact of the epidemic, the market in Chongqing has a small supply of circulation, and the transaction volume of scrap aluminum has plummeted
.
After the recent continuous upward adjustment of the market, the risk of aluminum prices falling has increased, it is recommended to cautiously chase higher, scrap aluminum next week or stable and weak, it is recommended that holders can consider appropriately reducing inventory
.
