1.8: Profile Factories to Gradually Begin Holiday Next Week, Suppliers Accelerate Delivery Pace [Daily Review of Spot Aluminum Billets]

게시됨: Jan 8, 2025 12:43
Aluminum Billet Spot Market: As downstream profile factories will gradually start their holidays next week (14th/15th), weakening demand has become inevitable. Suppliers accelerated their shipment pace, and all three regions showed a volume discount trend. By region, the South China market saw sluggish transactions, continuing the buyer's market status, quoted at 230–280 yuan/mt, down 20 yuan. In the East China market, aluminum billet supply was abundant, while downstream rigid demand was insufficient, leading to slow transaction activity. Wuxi was quoted at 360–410 yuan/mt, down 20 yuan, and Nanchang at 410–460 yuan/mt, down 30 yuan. (Unit: yuan/mt)

SMM January 8 News:

On January 8, SMM A00 aluminum closed at 19,640 yuan/mt, unchanged, with a discount of 30 yuan/mt to the January contract, down 10 yuan/mt. The Henan-Shanghai price spread was -60 yuan/mt, up 20 yuan/mt, and SMM central China closed at 19,580 yuan/mt, up 20 yuan/mt. On January 8, SMM A00 aluminum (Foshan) closed at 19,720 yuan/mt, down 30 yuan/mt, with a premium of 50 yuan/mt to the current month, narrowing by 40 yuan/mt. (Unit: yuan/mt)

Aluminum billet spot market: As downstream profile factories are set to begin their holidays next week (January 14/15), weakening demand is inevitable. Suppliers accelerated their shipment pace, and all three regions showed a volume discount trend. By region, the south China market saw sluggish transactions, continuing the buyer's market trend, quoted at 230-280 yuan/mt, down 20 yuan/mt; the east China market had ample aluminum billet supply, with insufficient downstream demand, leading to slow transaction pace, Wuxi quoted at 360-410 yuan/mt, down 20 yuan/mt; Nanchang quoted at 410-460 yuan/mt, down 30 yuan/mt. (Unit: yuan/mt)

 

 

》Subscribe to view SMM historical spot metal prices

》Click to view the SMM aluminum industry chain database

 

데이터 출처 설명: 공개 정보를 제외한 모든 데이터는 SMM이 공개 정보, 시장 커뮤니케이션 및 SMM 내부 데이터베이스 모델을 기반으로 가공한 것입니다. 본 자료는 참고용이며 의사결정 권고를 구성하지 않습니다.

문의 사항이 있거나 자세한 정보를 원하시면 아래로 연락해 주시기 바랍니다: lemonzhao@smm.cn
리서치 보고서 열람 방법에 대한 자세한 내용은 아래로 문의하시기 바랍니다:service.en@smm.cn
1.8: Profile Factories to Gradually Begin Holiday Next Week, Suppliers Accelerate Delivery Pace [Daily Review of Spot Aluminum Billets] - Shanghai Metals Market (SMM)