Aluminum price callback on February 14
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According to the data of business agency, the average market price of domestic aluminum ingots in East China on February 15 was 22696.67 yuan / ton, up 5.11% from the average market price of 21593.33 yuan / ton at the beginning of the month (2.1); Compared with the average market price of 20370 yuan / ton in early January (January 1), it increased by 11.42%.
Based on the peak value in 2021 (October 19, 2021), the average market price of aluminum ingot is 24240 yuan / ton, which has fallen by 6.37% from the peak value recently. Starting from the recent recovery (December 13, 2021), the average market price of aluminum ingot is 18693.33 yuan / ton, up 21.42% recently.
Aluminum price stabilized on the 15th
On the 15th, aluminum prices began to stabilize two days after falling.
The stabilization of aluminum prices today is partly affected by the geopolitical factors of Russia and Ukraine. Affected by the factors of Russian aluminum, the market’s expectation of Russian Aluminum export supply and circulation has deteriorated.
Future forecast
After the quarter, the aluminum price rose sharply. After breaking through 23000 points, the long short game intensified, the downstream wait-and-see mood was strong, and the taking of goods decreased sharply. It is expected that the recent high-level shock operation will be dominated.
| Thiourea |