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This week's scrap aluminum stopped falling and rebounded, but there were also obvious varieties differences, South China scrap aluminum rose more in 200-400, the current local machine aluminum mainstream around 15900, 6063 old materials around 16500; Other areas of scrap aluminum rose more than 100-400 yuan, the current East China market aluminum alloy spraying old materials around 16400, broken bridge around 14900, cans around 14100, this week scrap aluminum varieties difference is obvious, raw aluminum obvious stagnation, aluminum alloy, aluminum wire rise is more obvious
.
In terms of the market, the price of aluminum alloy ingots this week did not follow the rise of aluminum ingots, but fell in the market, resulting in serious price pressure on raw materials by recycled aluminum companies, raw aluminum scrap aluminum this week significantly stagnation, the increase is only about 100 yuan, some manufacturers even have a downward adjustment, resulting in the enthusiasm of holders to ship is not high, more cover the goods to wait and see the market circulation supply is tight; The increase in alloy scrap aluminum is more obvious, mostly in 300-400 yuan, and manufacturers receive goods stably
.
The price of short-term scrap aluminum is still firm, but considering the price pressure of manufacturers, the actual rebound space may be limited, and it will be adjusted up steadily next week, and it is recommended that holders appropriately reduce inventories
at high prices.
