Changes in the proportion of aluminum ingots in Gongyi City
According to the statistics of aluminum ingot inventory in China by SMM,the proportion of aluminum ingot inventory in Gongyi are a this week increased by 1.28% compared with the previous week, and the slowdown of the national storage rate in the past two weeks also has a small impact on the inventory in Gongyi area. Looking forward to the spot market of aluminum ingots in Gong yi, it is expected that due to the increase in arrival sand the weakening of super imposed demand, the local big discount market is difficult to repair in the short term, and it is necessary to pay close attention to the local down stream spring Festival reserve cycle and the future arrival of warehouses. Figure2.Social inventory Statistics of Electrolytic Aluminum in Gongyi and the whole country in recent 6 months.
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