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Last week, scrap aluminum prices were mixed, some areas of the market supply is in short supply, so the price performance is firm, raw aluminum prices are better, the weekly increase is more than 150, some areas are stable, scrap aluminum profile regional prices rise and fall is also different, Jiangsu region cumulative decline of 100 yuan / ton, Henan, Hubei area accumulated 100 yuan, the current South China 6063 old material around 14650, aluminum wire around 15900, machine aluminum price around 13200; From the perspective of the East China market, the current demolition and spraying of old materials is around 13800, white material is around 14500, cans are around 12300, and aluminum wire is around
16200.
In terms of the market, Guangdong, Chongqing and other places scrap aluminum supply is in short supply, on the one hand, due to the improvement of the aluminum market, some merchants are reluctant to sell, high price shipments, on the other hand, scrap aluminum dismantling orders are also small, scrap aluminum supply is generally scarce, so on the whole, recycled aluminum alloy ingot manufacturers orders are also insufficient, it is expected that scrap aluminum prices or performance is strong
.
At present, the macro situation is still unstable, although aluminum prices on Friday were boosted by the news of Glencore zinc production cuts, aluminum prices were also speculated by funds, and some were raised, but in terms of aluminum spot, under the off-season of consumption, the overall upside is limited, and scrap aluminum is affected by tight resources, or relatively firm
.