Aluminium Ingot Market Price Trend and Forecast
                     Aluminium Ingot Price Trend and 
Forecast
In the US market, Aluminium Ingot price witnessed an upsurge amidst 
the fears of recession during the third quarter of 2022. According to 
market participants, gliding energy costs now significantly impact 
aluminium smelters more than ever before. As a result of the ripple 
effect, the aluminium smelters raise their production costs, affecting the 
Aluminium prices. Aluminium prices, on the other hand, rose earlier in the 
session due to LME production curtailment amid rising energy costs but 
succumbed later to macroeconomic pressures as weak growth means 
lower demand for base metals used in many industries. When the dollar 
is strong, metals traded in US dollars are more expensive to holders of 
other currencies, and rising interest rates and weak global demand have 
all weighed on industrial metal prices. As a ripple effect, the Aluminium 
Ingot (99.9%) prices for CFR Albama Port (USA) settled at 3820/MT. 
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New Updated Aluminium Ingot Prices Online
Aluminium ingot 
Pricing in the 
Chinese Market
Aluminium ingot pricing in the Chinese market 
showed a mixed trend due to fluctuating demand 
and higher inventory levels. According to market 
participants, the supply of aluminium ingots is still 
increasing, while the most recent inventory 
statistics show that inventories of aluminium ingots 
have stopped falling, indicating the impact of the 
seasonal low in July. Furthermore, base metal prices 
were under severe pressure as increasingly hawkish 
central banks harmed the global outlook for 
construction and manufacturing activity. At the 
same time, Chinese smelters increased output as 
factories resumed operations with increased 
capacity following Covid lockdowns. Domestically, 
high temperatures combined with scarce rainfall 
weighed heavily on aluminium production in 
Sichuan, where almost all smelters suspended 
production activity, resulting in a loss of about 1 
million mt. Traders are aware of the market's 
concerns about falling aluminium supply, which 
could push up aluminium prices, but in the long run, 
demand will remain weak, and aluminium prices will 
face downward pressure once production resumes 
in the region. Thus, the Aluminium Ingot (IC 20) 
discussion for Ex Shanghai (China) settled at USD 
2749/MT.
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1351
Aluminium Ingot Supply in Global Market Online
During the third quarter of 
2022, The Aluminium Ingot 
Prices
During the third quarter of 2022, the Aluminium 
Ingot prices surged owing to the bullish demand 
outlook in the European region. As per market 
players, the production activity fell in the 
European market during Q3 amidst skyrocketing 
energy costs. Overall, aluminium production has 
been limited recently, leading to a decline in 
supply. In the short term, traders should be 
aware of the market's concerns about falling 
aluminium supply, which may push up 
aluminium prices; however, demand will 
continue to be sluggish in the medium to long 
term, and aluminium prices will face downward 
pressure once production resumes in the future. 
In mid-August, Norsk Hydro announced its 
production suspension plans for an aluminium 
smelter. Market players cite that surging energy 
costs have induced temporary shutdowns of 
smelters in European regions, supporting the 
recent uptick in base metal prices. As a result, 
the Aluminium Ingot (99.9%) prices for FOB 
Hamburg (Germany) settled at USD 3658/MT.
https://www.chemanalyst.com/Pricing-data/aluminium-ing
ot-1351
Demand of Aluminium Ingot Online
Aluminium Ingot Price Trend 
and Forecast
In the US market, Aluminium Ingot prices 
witnessed an upsurge amidst the fears of 
recession during the third quarter of 2022
In the US market, Aluminium Ingot prices witnessed an upsurge amidst Aluminium ingot prices in the Chinese market showed a mixed trend due 
the fears of recession during the third quarter of 2022. According to to fluctuating demand and higher inventory levels. According to market 
market participants, gliding energy costs now significantly impact participants, the supply of aluminium ingots is still increasing, while the 
aluminium smelters more than ever before. As a result of the ripple most recent inventory statistics show that inventories of aluminium 
effect, the aluminium smelters raise their production costs, affecting ingots have stopped falling, indicating the impact of the seasonal low in 
the Aluminium prices July.
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