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This week's scrap aluminum price overall performance steady decline, South China more down about 150 yuan, the current local machine aluminum mainstream price around 13500, aluminum wire price around 14700, 63 old materials around 13050, are lower than last week, other areas are relatively resistant, some varieties of performance is stable, the current East China aluminum alloy spray coating mainstream price around 12500, broken bridge around 11500, can briquette about 11500, little change from last week
.
In terms of the market, the tight supply of goods in the market this week has not eased, the market is unstable, manufacturers generally feedback, the goods are not good to receive, the holders of goods hold a wait-and-see attitude, the willingness to ship is reduced, which is also the main reason
for the decline in scrap aluminum prices.
It is understood that the current inventory of manufacturers is generally not high, there are many manufacturers looking for goods, the market presents a situation of short supply, and it is difficult to improve
the situation of short-term scrap aluminum resources.
Bearish is gradually digested, aluminum prices are expected to stop falling and rebound, scrap aluminum is expected to remain strong under the support of shortage of supply, next week or steady rise
.