Casting Aluminum Alloy Ingot Market Report September 2011
2011-10-14 12:44:04 【Print】
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September and October are traditional boom seasons of casting aluminum alloy ingot
. However, due to the weak domestic automobile industry and declining economic situation at home and abroad, the slack season of alloy ingot market came early and left late this year as boom season of September did not turn up . Actually, since the middle of September, some small plants had good deliveries, while most participants believed that he market would recover a bit since late September and holiday effects might appear . But European debts and declining overseas future market made aluminum price go down from the third week and alloy ingot quotations decreased . Most buyers held stocks with tight funds at the end of the season, so they suspended purchase plans and the expectation of boom season in September did not come true.