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Last week, scrap aluminum followed the increase of aluminum ingots, the South China market rose by about 500 yuan, and the mainstream price of machine aluminum in the local market was around 14500; Other regions rose more than 300-400 yuan, at present, the mainstream of aluminum alloy spraying old materials in East China is around 14400, aluminum line is around 16700, the mainstream price of primary machine aluminum is around 14600, and cans are around 12800; In terms of finished alloy ingots, the price increase last week was also obvious, and the mainstream price of ADC12 in East China has risen to 19,000, up 700 yuan / ton
from the previous month.
In terms of market transactions, the current market is still out of stock, the circulation supply is tight, especially in the South China market, the shortage situation is intensifying, the price of scrap aluminum is firm, manufacturers are not only difficult to replenish inventory, but also face the situation of high raw material costs and reduced profits; In addition, it is understood that the downstream demand for recycled aluminum alloy ingots has improved compared with July and August, and corporate orders have increased, but raw materials can not keep up, low-price sources are even rarer, most aluminum companies can not be fully produced, and the inventory of raw materials of enterprises remains at a low level
.
The recent energy speculation atmosphere is strong, supporting the price trend, and scrap aluminum in the tight supply of support, the price is still strong, it is expected that the first half of this week scrap aluminum or still continue to rise, the second half of the week there is a risk of falling, but the magnitude is not large
.