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SunSirs: On May 10, the Spot Price of Domestic Aluminum Ingots Fell Slightly
May 11 2022 08:27:05SunSirs(John)

Aluminum prices fell slightly on May 10

According to the data of SunSirs, the average market price of domestic aluminum ingots in East China on May 10 was 19,650 RMB/ton, which was 5.65% lower than the average market price of 20,826.67 RMB/ton at the beginning of the month (5.1), and the price was 1.96% lower than the average market price of 20,043.33 RMB/ton in the same period last year.

Taking the peak in 2021 (October 19, 2021), the average market price of aluminum ingots was 24,240 RMB/ton, and the recent deviation from the peak has dropped by 18.94%. Starting from the recent recovery (December 13, 2021), the average market price of aluminum ingots was 18,693.33 RMB/ton, a recent increase of 5.12%.

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