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The price of scrap aluminum is chaotic, and the market is mainly wait-and-see

 Last Update: 2022-12-22
 Source: Internet
 Author: User

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This week's scrap aluminum prices are chaotic, most varieties have made up for the decline, a small number of varieties prices are relatively firm, the current East China alloy spray paint rose to about 14700, broken bridge 13200, car circle 14700; At present, the mainstream price of cans in the market has returned to between 12700-12800, and some high prices can reach 13000
.
The price of recycled aluminum alloy ingots showed a downward trend this week, and ADC12 aluminum alloy ingots fell by 100-200 yuan
.

Scrap aluminum

In terms of the market, this round of prices fell sharply, the loss of the stockpile yard in the early stage was serious, some merchants chose to appropriately reduce inventory, the market source increased slightly compared with the previous period, but the overall is still tight, with the price rebound, the willingness of the holder to stand up again, the market price is chaotic, some manufacturers and the freight yard are not optimistic about the future market situation, the receipt price is not obvious, wait and see; Recycled aluminum companies generally feedback that the recent price decline, the receipt situation is far better than when the price rose sharply in the previous period, the number of delivery providers increased, the phenomenon of under-price receipt, and the overall market transaction was acceptable
.

Next week's market forecast: today's aluminum price ushered in a retaliatory rebound, but considering that the impact of policy regulation on the market is still there, confidence is insufficient, next week's scrap aluminum price or fall, manufacturers can bargain and stock up normally
.

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