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Aluminum prices fluctuate at a high level and are expected to continue to run at a high level

 Last Update: 2022-12-19
 Source: Internet
 Author: User

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After the sharp rise in aluminum prices
, it ushered in high volatility.
Data show that on September 10, the average price of electrolytic aluminum was 14580 yuan / ton, and the average price of alumina was 2333 yuan / ton
.
From the second quarter to September 10, the average price of electrolytic aluminum increased by more than 26%, during which it rose to 15320 yuan / ton
.

Aluminum prices

Data show that on September 10, the highest price of electrolytic aluminum was 14,600 yuan / ton, the lowest price was 14,560 yuan / ton, and the average price was 14,580 yuan / ton, which was 3,060 yuan / ton higher than the average price of 11,520 yuan / ton on April 1, and the average price of electrolytic aluminum on July 13 once rose to 15,320 yuan / ton; Alumina was reported at 2333 yuan / ton, and in mid-to-late July, the average price of alumina remained at 2495 yuan / ton
for many days.

After entering the third quarter, some aluminum companies began to resume production
.
For example, Guangyuan Zhongfu High Precision Aluminum Co.
, Ltd.
has completed production capacity of 340,000 tons, and the remaining 80,000 tons of production capacity is expected to start production at the end of September; Yunnan Hongtai New Material Co.
, Ltd.
began to be powered on and put into production in early September; The second phase of Yunnan Yunlu Haixin was officially powered on September 8
.

At present, the global economy is still in a comprehensive recovery, which is expected to support the demand for aluminum products, and it is expected that the electrolytic aluminum and alumina industries can still maintain high profits in the fourth quarter, and aluminum prices are expected to continue to run
at a high level.

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