Price list of aluminum ingots
According to the data of business news agency, on December 31, the average price of domestic aluminum ingots in East China market was 15726.67 yuan / ton, a decrease of 7.01% compared with the average price of 16996.67 yuan / ton at the beginning of the month (December 1), an increase of 8.06% compared with the average price of 14553.33 yuan / ton at the beginning of the year (January 1), and an increase of 39.96% compared with the valley price of 11230 yuan / ton at the end of the year (March 24).
Monthly rise and fall in 2020
Future view basis
1. The consumption of aluminum ingots is expected to weaken in the early stage of the Spring Festival. Affected by the shutdown factors in the downstream of the Spring Festival holiday, the consumption of aluminum ingots may have a slight drop. At present, the domestic social inventory of aluminum ingots is hovering on the 600000 ton line, with a slight rebound trend.
2. In terms of investment, the total position of Hulai shows a downward trend, the willingness of bulls to stop profits is strengthened, and some non industrial funds are withdrawn towards the end of the year.
3. The domestic new production capacity is not much. At present, the profit of electrolytic aluminum is relatively high, the price of internal and external market is upside down, and the demand for imported aluminum ingots is strong.
Future conclusions
The overall low inventory and domestic new production capacity is not much, which benefits the aluminum price; raw material side, alumina price is good, the prebaked anode market is stable as a whole, the cost side benefits the aluminum ingot price to a certain extent, based on the current profit is fair, the cost side impact factor is small; in the later stage, it is expected that the impact of limiting production, electricity and gas will expand, the downstream construction will gradually decline, and the downstream consumption will weaken near the end of the year, which is bad for aluminum Price. It is expected that the recent aluminum price is expected to continue to adjust, and the consolidation probability is high.
| POLYVINYL ALCOHOL |