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Trends for Aluminum Ingots, Scrap Aluminum and Recycled Aluminum

Trends for Aluminum Ingots, Scrap Aluminum and Recycled Aluminum 


Since 15th, Jan, 2016, aluminum prices is on the down channel,  the Yangtze River spot prices began to fall from 15,400 yuan / ton, although it has the rebound during the period, the kinetic energy was insufficient, although the decline slowed down, but still showed weak market, the Yangtze River spot price of aluminum is about 12540 yuan / ton , less than two months time, a decrease of 18.57%. See attached chart


 


 
In the face of a substantial reduction in aluminum prices, scrap aluminum prices are also difficult to have a good performance, take the main Maret Quotes of aw aluminum for example, picture from the middle of November hit a high level,  in 2016 began to decline, the highest 10,900 yuan / Ton, at the end of December there emergenced of stagflation situation the minimum current price is 9500 yuan / ton, the downside potential showed 1,500 yuan / ton in two months, price rised 13.76%.



 
Relative to the spot price of aluminum ingots and scrap aluminum prices fell sharply, the performance of recycled aluminum prices is more prominent,  due to pre-impact by environmental protection, resulting in short supply of recycled aluminum ingot, resource constraints, price defensive obvious. As we can be seen from Figure 3, Foshan, Jiangxi, Zhejiang area of ​​aluminum alloy ingot prices fell nearly 500 yuan in two months,  the decline was significantly better than aluminum ingot and scrap prices.
 
Market outlook, the year before the market point of view, the price of aluminum ingots still in weakness, or continue to shock between 1.25 and1.3 million , as for the scrap aluminum prices, there will be not too much change on price , up and down space is limited; tight supply of recycled aluminum ingot support, the fall is difficult.
 
So now it is a good time to purchase, Henan Mintai Al. Industrial is the manufacturer of aluminum product, which can supply  Aluminum coil,aluminum foil,aluminum plate ,aluminum strip and aluminum sheet including 1xxx,2xxx,3xxx,4xxx,5xxx,6xxx,7xxx,and 8xxx series. The main products include Aluminum Sheet, Coil, Household Foil, Air-container Foil, Cable Foil, Electronic Capacitor Foil, Medicine Foil,Blister Foil, Flexible Packaging Foil, CTP Stock, Litho Stock, Cap Stock, Aluminum Tread Plate, Embossed Coil, Mirror Panels, Cans Cover Materials, Aerospace Aluminum, Mold Aluminum Materials,Coated aluminum coils ,PVDF Coated aluminum coils etc. At the same time.

we also accept OEM/ODM production according to requirements of customers.

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