On July-31 , the last working day for both the public market and factories, the aluminum price stabilized and the price remained in CNY 15000 which is same as July-30 . It is said the stock dealers are active in selling, while the main customers are not active in receiving goods. The enthusiasm of middlemen and downstream traders is fair, and the overall transaction is flat.
Throughout July, the price of aluminum ingot fluctuated sharply in the middle of July and the price rose to 15300 at one time and then dropped sharply, however, the trend of aluminum ingot still rose in the whole month and ended in 15000 which is much bigger than the early July and June .
The average price of aluminum in week 5 of July was 14802 , which means 308 / T higher than the previous week . It also hit a two month high .
The average monthly price in July was 14607, 796 / T higher than that in June.
At present, the comparison of supply and demand in the aluminum market is not clear. However, since the resumption of large-scale industry started in March, the rising trend of aluminum price is clear : going up every month . We hope that all major customers can make plans as early as possible and we will give you more supporting information for reference .
Recommended news
Get quotes for free