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This week's scrap aluminum price fell by about 100 yuan, the current South China market 6063 old material around 15500, aluminum line around 16800, machine aluminum mainstream price around 14600, market circulation supply is small; East China except for a few areas due to the impact of the epidemic, the overall market supply is acceptable, this week the price is also soft, the current local aluminum alloy spraying old material mainstream around 14600, broken bridge material around 13300, cans around 12800, machine aluminum mainstream around 14700, aluminum wire mainstream price around
16900.
In terms of finished alloy ingots, the price of aluminum alloy ingots fell by more than 100 yuan this week, and the current mainstream price of ADC12 in East China is 18800 yuan / ton
.
In terms of market transactions, the transaction of scrap aluminum market this week was more seriously affected by the epidemic, especially in Henan, Guangdong, Hebei, Chongqing, Anhui and other regions, the market supply circulation has slowed down significantly, transportation costs have increased, and some aluminum plants have closed-loop production or stopped production; In addition, it is understood that at present, the downstream orders of aluminum profiles are insufficient, and manufacturers receive goods with low prices, resulting in a significant narrowing of profits for cargo merchants, an increase in market supply, but a slowdown
in circulation.
More company feedback, this year's downstream recycled aluminum manufacturers are expected to have a holiday in advance
.
The epidemic has led to a weakening of market demand, the macro surface has not been favorable, short-term aluminum prices are still fluctuating around 19,000; scrap aluminum prices are expected to have difficult to perform well, or continue the volatile trend, there is not much room for rise and fall, and it will stabilize next week; it is recommended that recyclers fast forward and fast out operation
.
