Are Aluminum Prices going up? What’s the price of aluminum now?
By Ruiqifeng Aluminum (www.aluminum-artist.com)
Aluminum prices rebounded again. Overseas Hydro aluminum plant production gradually resumed, domestic Sichuan power was eased.
-Industry
On September 01 domestic electrolytic aluminum social inventory is 685,000 tons, there’s a small consumption of 0.1 million tons.
-Supply
European aluminum plant still faces the risk of production cuts, domestic Sichuan power tension is basically eased, electrolytic aluminum supply is expected to gradually recover.
-Demand
downstream processing enterprises start slightly raised, consumption performance is still weak. Overall, supply disturbance weakened, weak demand continues.
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Post time: Sep-05-2022
