Inventories decline in aluminum prices, but consumption has not improved

Aluminium consumption has not improved. The arrival of aluminum ingots in the Guangdong market has gradually declined, and the total amount of local inventories has continued to decline. The market is light today, and the arrival of big factories is poor. The export of electrolytic aluminum plants caused more domestic supply of electrolytic aluminum. In the early period of the Shanghai market, aluminum prices were relatively good, and it was relatively tight for Dachang to ship the goods to Shanghai. The tension in rail transportation also caused the shortage of goods in the South China Sea. Today's trading range is between 17210-17310 yuan/ton. Aluminum prices rose too fast and it was difficult for terminal buyers to accept them. Consumption was limited and aluminum prices were positive in the short term.

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