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    Home > Chemicals Industry > New Chemical Materials > Scrap aluminum fell significantly compared with before the holiday, and it is expected to stop falling and rebound in the short term

    Scrap aluminum fell significantly compared with before the holiday, and it is expected to stop falling and rebound in the short term

    • Last Update: 2022-12-24
    • Source: Internet
    • Author: User
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    This week's scrap aluminum followed the decline of aluminum, the range is more than 300-600 yuan, South China fell more than 500-600 yuan, the current local 6063 old material around 17200, new material around 18600, aluminum wire around 19200; Other regions fell between 300-500 yuan, the current East China aluminum alloy spraying old material mainstream around 17000, broken bridge old material around 15600, aluminum wire around 19500, cans around 14600, compared with the pre-holiday decline obviously
    .

    Scrap aluminum

    In terms of the market, the market has fallen sharply, holders are unwilling to lose shipments, coupled with transportation problems, the market supply is still tight, manufacturers are difficult to replenish inventory, especially in Jiangsu, Zhejiang and Shanghai areas are more obvious, Shanghai this week due to epidemic prevention and control, the market has almost no transactions
    .

    In addition, it is understood that a few days ago, the explosion accident of an aluminum plant in Qingyuan triggered the government's attention to the safety control of manufacturers, most aluminum plants in South China are facing frequent security inspections and emergency measures control, and some unqualified manufacturers are facing the risk of stopping production and rectification, and this rectification may spread to mid-April, affecting the production of
    manufacturers in the region to a certain extent.

    Short-term scrap aluminum is supported by tight supply sources, and there is little room for further decline, and next week may be expected to usher in a rebound market
    .

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