Aluminium Sheet Prices online - PowerPoint PPT Presentation

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Aluminium Sheet Prices online

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During the third quarter of 2022, Aluminium Sheet Price witnessed a rising trend amidst the effect of inflation and economic uncertainty on customer spending. As per market players, the Labor Day holiday in the US came in the middle of the latest assessment period, on September 5, resulting in no reported activity in an already subdued spot market. – PowerPoint PPT presentation

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Title: Aluminium Sheet Prices online


1
Aluminium Sheet Price Trend and Forecast
  • During the third quarter of 2022, Aluminium Sheet
    price witnessed a rising trend amidst the effect
    of inflation and economic uncertainty on customer
    spending. As per market players, the Labor Day
    holiday in the US came in the middle of the
    latest assessment period, on September 5,
    resulting in no reported activity in an already
    subdued spot market. Buyers remained stunned
    about how far this slide had gone. As per the
    buyer, upstream Aluminium prices are close to
    bottoming out. However, secondary Aluminium alloy
    manufacturers who buy primary Aluminium cite that
    price of Aluminium products had fallen due to a
    widespread decline in the US Aluminium market.
    The overall Aluminium market is listing lower.
    For now, there was a status quo amidst a subdued
    spot market. As a result, the Aluminium Sheet
    (1100-H14-0.8 mm) prices for Ex New York (USA)
    settled at USD 17140/MT.
  • https//www.chemanalyst.com/Pricing-data/aluminium
    -sheet-1493

2
New Updated Aluminium Sheet Prices online
3
Free Search Aluminium Sheet Pricing online Market
  • During the third quarter of 2022, the Asia
    Pacific region witnessed increased demand for
    Aluminium sheets. The tradeable volume in the
    Japanese market is low, and there is no incentive
    to deliver to Japan. Japanese traders and
    end-users are wary of purchasing metal on the
    international market. According to market
    participants, Japan has much stock, and there
    have been attempts to destock to avoid
    backwardation and its effects on balance sheets.
    Despite smelter curtailments announced in Europe,
    market participants remained bearish due to high
    inventory levels in Asia, particularly Japan, and
    were more concerned about forwarding demand. In
    India, Vedanta linked the prices of its Aluminium
    ingots and Aluminium products to the London Metal
    Exchange. China has limited its Aluminium
    smelting capacity to 45 million tonnes per year
    and intends to shift primary capabilities to
    hydropower-rich regions in the country's
    southeast. Thus, the discussion of Aluminum Sheet
    (1 mm) prices for Ex Shanghai (China) settled at
    USD 2685/MT.
  • https//www.chemanalyst.com/Pricing-data/aluminium
    -sheet-1493

4
Aluminium Sheet Supply in Global Market online
5
In the European market, Aluminium Sheet prices
  • In the European market, Aluminium Sheet prices
    witnessed a declining trend due to the weak spot
    demand and good availability of imported units.
    Several European smelters have recently announced
    energy-related production cuts, but premiums have
    continued to fall, with weak demand outweighing
    potential supply concerns. Duty unpaid premiums
    also fell, with lower offers reported in the
    market to entice more buyers. Some participants
    are concerned about supply, while others believe
    the smelter cuts will have little impact, with
    further premium cuts likely in the coming months
    due to low consumer demand, ongoing recession
    fears, and increased availability of imported
    units. While some players still saw ongoing
    logistics issues as a barrier to imports, others
    were less concerned, noting that European
    premiums remained close to recent record highs,
    making Europe an appealing destination for
    material imports. As per buyers, market players
    have been concerned over supply curtailments.
    Asian units will replace any capacity lost from
    Europe. The premiums in the Asian market remain
    low compared to Europe, and freight rates have
    dropped, so anyone who accesses units there will
    bring them over. As a ripple effect, the
    Aluminium Sheet (1100-H14-0.8 mm) prices for Ex
    New York settled at USD 17140/MT.
  • https//www.chemanalyst.com/Pricing-data/aluminium
    -sheet-1493

6
The Asia Pacific region witnessed increased
demand for Aluminium sheets
7
Aluminium Sheet Price Trend and Forecast
8
During the third quarter of 2022,
prices Aluminium Sheet witnessed a rising trend
amidst
  • During the third quarter of 2022, Aluminium Sheet
    prices witnessed a rising trend amidst the effect
    of inflation and economic uncertainty on customer
    spending. As per market players, the Labor Day
    holiday in the US came in the middle of the
    latest assessment period,
  • In the European market, Aluminium Sheet prices
    witnessed a declining trend due to the weak spot
    demand and good availability of imported units.
    Several European smelters have recently announced
    energy-related production cuts, but premiums have
    continued to fall,

9
During the third quarter of 2022, Aluminium Sheet
Market price online
10
Contact Us ChemAnalyst Contact No- 1
3322586602 E-Mail- sales_at_chemanalyst.com websites
- www.chemanalyst.com
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