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