Price list of aluminum ingots
| Benzalkonium chloride |
According to the data of business news agency, the average market price of domestic aluminum ingots in East China on January 27 was 14910 yuan / ton, down 5.19% from 15726.67 yuan / ton at the beginning of the month (January 1).
The recent pressure on aluminum price is mainly based on two factors
1. The price of aluminum is high in the early stage, the profit of aluminum plant is high, and the output of aluminum moves up
According to the data of the National Bureau of statistics, in 2020, the domestic aluminum production accumulated to 37.08 million tons, exceeding the record high of 35.802 million tons set in 2018, setting the highest annual record. In December 2020, the primary aluminum production was 3.27 million tons, up 2.8% on a month on month basis. It exceeded the record high of 35.802 million tons set in 2018.
In the early stage, the price of aluminum was high, the profit of aluminum plant was high, and the operating rate moved up.
2. Aluminum ingots are slightly accumulated in the off-season of aluminum consumption
At present, as the end of the year is approaching the low season of aluminum consumption, the demand of the downstream is increasing, and the social inventory of aluminum ingots is accumulating. The social inventory of electrolytic aluminum was 688000 tons, up from 600000 tons in early December.
Near the end of the year, some aluminum profile enterprises have holidays ahead of time, and the aluminum price goes down horizontally, so there is little demand for stock preparation.
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