Focous on Aluminum Industrial Weekely News

This week electrolytic aluminum market prices rebound. Russia and Ukraine war anxious, commodity prices continue to fluctuate, external prices have some support at the bottom, the overall around $3200 / ton repeatedly. At present, domestic spot prices are more affected by the epidemic. Consumer demand is not as good as expected, and the supply side continues to release pressure. Prices have dropped from the previous highs. Aluminum prices are expected to run between 20500-23000 yuan/ton next week.

Prebaked anode

This week pre - baked anode market trading well,  anode price stability. The price of raw petroleum coke is high in the week of shock, because of the decline in market supply, the price of petroleum coke still has room to rise, the price of coal tar pitch climbs again in the week, the pressure of cost end continues to increase; Anode production increased slightly, transportation pressure continued, the overall market supply growth is not obvious, the RRR reduction policy is about to be implemented, the demand side of the market consumption continues to improve, it is expected that the mainstream price of pre-baked anode will maintain stability in the short term, and there will be an upward trend in the later stage

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Posted By : teddy@qfcarbon.com Mob/whatsapp:86-13730054216