April 2024, Minor Price Fluctuations Occur at Global Aluminium Alloy Ingot Market

April 2024, Minor Price Fluctuations Occur at Global Aluminium Alloy Ingot Market

Gabreilla Figueroa 13-May-2024

Aluminium Alloy Ingot prices in the US market remained stable by the week ending April xxth, with minimal fluctuations in supply and demand scenarios. Similarly, in the German spot market, prices rose marginally, aligning with balanced market dynamics amidst disruptions in trade and construction activity. On the other hand, in China, Aluminium Alloy Ingot prices fell, reflecting a paradox of robust supply amid declining demand. Spot transactions in central China maintained a moderate pace, influenced by weak downstream demand. Additionally, the automobile sales volume decreases. This decline is attributed to persistent challenges in the real estate, infrastructure sector and automobile sector. As a result, Aluminium Alloy Ingot prices faced downward pressure.

At the close of the week on April xxth, Aluminium Alloy Ingot prices in the US domestic market remained stable. Despite ongoing market dynamics, prices have stayed consistent with the trend from the previous week, attributed...

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