Casting Aluminum Alloy Ingot Market Report August 2011

The casting aluminum alloy ingot offers went down with fluctuations following the decreasing price of aluminum ingot in Chinese domestic spot market of August.Asian Metal Copyright Most sources cautiously thought that the market would be better since late September.Asian Metal Copyright The quotations of aluminum alloy ingot declined in the first two weeks with rocking aluminum ingot price, since downstream traders were cautious about receiving the material.Asian Metal Copyright Although the market always entered traditional boom season since September, most participants were pessimistic about the market, believing that buyers might build stocks before National Holiday, but the market showed no signs of recovery.Asian Metal Copyright The aluminum ingot price remained stable in the forthcoming weeks, but the purchasing in aluminum alloy market kept weak due to the weak demand and saw no improvement.Asian Metal CopyrightThe casting aluminum alloy ingot offers went down with fluctuations following the decreasing price of aluminum ingot in Chinese domestic spot market of August.Asian Metal Copyright Although the market always entered traditional boom season since September, most participants were pessimistic about the market, believing that buyers might build stocks before National Holiday, but the market showed no signs of recovery.Asian Metal Copyright Most sources cautiously thought that the market would be better since late September.Asian Metal Copyright Most sources cautiously thought that the market would be better since late September.

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