Aluminum prices turned down, spot trading can be

Foshan Aluminum: 3/6 Southern reserve Foshan aluminum ingot quote 18470-18530 yuan, the average price 18500 yuan, down 80, on the month stick 40. Aluminum prices fell today, the spot market is more strong, the morning long single large entrance to receive goods and also accept higher prices of supplies, leading other traders also follow up access, holding goods vendors optimistic about the future price of shipment, offer in 0~+10, the overall deal is not satisfactory. After the price fluctuation falls, the holder or a price or minor adjustment, the offer between -40~0, the buyer’s replenishment willingness is weak, relatively low supply part of the transaction, the transaction is very few. Spot trading price concentrated in 18460-18510 yuan, compared with the average price of Foshan Southern storage premium -40~10 yuan.
Wuxi Aluminum: 3/6 Southern Reserve Wuxi aluminum ingot quote 18440-18480 yuan, the average price 18460 yuan, down 90, on the month stick 80. Today’s East China market performance is slightly weaker, early Shanghai aluminum high open lower, holding the intention of bargain price, but the high inventory continues to increase, circulation is also relaxed, the offer in -10~0, in addition to individual long single traders to receive goods outside the demand is slightly insufficient, the trading volume is general. After the weak operation of the disk, holding the goods again, the price between -40~+20, the market has been more than less, empty price and the actual transaction is difficult. Spot trading price concentrated in 18420-18480 yuan, compared with the southern storage Wuxi average price premium of -40~20 yuan.

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Our company mainly exports: galvanized coil, galvanized pipe rod, stainless steel coil, stainless steel pipe rod, carbon steel coil, carbon steel pipe rod, color picture steel coil, color picture aluminum coil, corrugated steel plate, aluminum, copper, etc.

At present, China’s foreign trade economy has been completely liberalized. Welcome friends who are interested in our company and products to visit our company

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Aluminium (27)


Post time: Mar-07-2023