Aluminum prices rebounded slightly

Business Forecast: The rise in international prices has led to a slight rebound in domestic aluminum prices. Last week (February 20-26) domestic A00 aluminum prices rose 0.1% over the previous week.

Last week, three-month aluminum prices on the London Metal Exchange rebounded to 2,272 US dollars / ton, up 4.2% from the previous week. However, the demand for downstream processing companies was flat and inventory continued to grow. Last week, the aluminum stocks of the Shanghai ** Exchange increased to 328,000 tons, a 5% increase over the previous week and a 47.9% increase from the beginning of the year.