China’s aluminum prices expected to fluctuate at high level in Q4
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Update time : 2020-09-14 16:14:03
It was reported that China’s aluminum prices are fluctuating at a high level. The average price of primary aluminum had an increase of over 26% from the second quarter to September 10.
According to experts, the growth in aluminum prices was due to the gradual ease of the COVID-19 epidemic and an increase in demand for aluminum in the industries of infrastructure, real estate, and so on.
With the recovery of the economy, the profit of China’s primary aluminum and alumina industries was expected to keep high in the fourth quarter, and aluminum prices were also predicted to move at a high level.