In 2018, the price of aluminum bottomed out, and the year-end low was low. The shock range was 13450-15000 yuan/ton. In the first nine months, the aluminum price was generally “W”, and the aluminum price in the fourth quarter was monotonous.
In mid-January, 1919, the average price of aluminum ingot market continued to be weak. On January 15, the average price of aluminum ingot market fell to 13223.33 yuan / ton, a historical low of nearly 2 years. According to business data, aluminum as of February 27 (99.70) The average market price was 13,640 yuan / ton, compared with the first working day (February 6), the average market price was 13,350 yuan / ton, an increase of 2.17%; compared with January 15, the price increase was 3.15%.
It is reported that as the aluminum price fell sharply in the fourth quarter of 2018, the high-cost aluminum plant suffered a serious loss, and some domestic aluminum plants successively reduced production and pressure production, and the industry's independent production capacity was obvious. The provinces with the most production cuts are in Henan (reducing production of 533,000 tons), Gansu (reducing production by 500,000 tons) and Qinghai (reducing production by 285,000 tons). The common problem in these areas is the high cost of electricity, which in turn raises the overall production cost. The area where the decline was first hit.
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