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Market Update: Aluminum Alloy Market
2021-02-07 18:53:50

After a short adjustment for less than one month, the price of aluminum alloy has gained back the upturn. We are not very optimistic of the post-vacation trend for going up further. Yet, it is obvious that the demand for aluminum extrusion has fully recovered both within and outside China. Our orders have come back to normal level despite the height of international marine shipment costs. Domestic distributors are more conservative than overseas buyers, -- they only place large order when the price went down. Not matter what, with the start of the Chinese New Year vacation, all factories have stopped production and we have to wait for a month to restart.

In light of the increase supply of vaccines, more and more countries and regions are likely to restart all business and industries around mid-2021. At that time, the price of aluminum alloy as well as aluminum profiles will, with high possibility, continue the craze as the price of marine shipment does.

Aluminium Alloy Index - GY210207.JPG 

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