8th World Antimony Forum
TBD
Guiyang, Guizhou, China
12th Rare Earth Summit
TBD
Hangzhou, Zhejiang, China
11th Aluminum Raw Materials Summit
TBD
Hangzhou, Zhejiang, China
9th Magnesium Summit
TBD
Hangzhou, Zhejiang, China
13th World InBiGeGa Forum
TBD
Hangzhou, Zhejiang, China
7th World Antimony Forum
June 13-14, 2019
Changsha, Hunan, China
7th Refractory & Abrasive Materials Summit 2019
May 23-24, 2019
Qingdao, Shandong, China
10th Aluminum Raw Materials Summit
May 16-17, 2019
Zhengzhou, Henan, China
11th Rare Earth Summit
May 9-10, 2019
Qingdao, Shandong, China
8th Magnesium Summit
April 11-12, 2019
Zhuhai, Guangdong, China
12th World InBiGeGa Forum
March 14-15, 2019
Zhuhai, Guangdong, China
The point of RMB15,000/t to be tough defense for Chinese aluminum ingot price
2012-12-28 18:15:31 【Print】
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Demand for Chinese aluminum ingot slowed down due to the slowing down of Chinese economy. Aluminum ingot price dropped a lot in the year of 2012. As the New Year holiday is coming and Spring Festival holiday is approaching, Chinese aluminum ingot price calms down further. However, aluminum ingot supply keeps increasing this year because of new smelting capacity coming on stream continuously in western China regions, especially in Xinjiang province. The tight transportation for aluminum ingot in these provinces alleviates the pressure from high-held stocks in the market. Furthermore, expectation for the next round of bidding for reserve also supports aluminum ingot price to struggle above the point of RMB15,000/t (USD2,404/t).