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SunSirs: Spot Aluminum Ingot Price Drops 3 Days in A Row

January 16 2020 10:45:42     SunSirs (Linda)

Since December 19, 2019, the average price of domestic spot aluminum ingots has been on the front line of 14,400, the price of spot aluminum ingots has been fluctuating at a high level, with an operating range of 14,450-14,600RMB/ton.

This week, the price of aluminum ingots continued to move down, falling 3 days in a row, and the price of spot aluminum ingots broke in the recent shock range.

According to the data of SunSirs, as of January 15, the average market price of domestic aluminum ingots was 14,193.33RMB/ton, a decrease of 2.34% compared with the average market price of 14,533.33RMB/ton last weekend (January 10).

Downstream export data list

According to the data of the General Administration of customs, 478,000 tons of unwrought and rolled aluminum and aluminum materials were delivered out of China in December, a year-on-year decrease of 9.3%. In 2019, China exported 5.73 million tons of unwrought aluminum and aluminum products, a year-on-year decrease of 1.26%.

If you have any questions, please feel free to contact SunSirs with support@sunsirs.com.

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