Aluminium Price Forecast For The First Quarter 2018

In 2017, the investment and construction order of China's aluminium smelting industry was further standardized, and the momentum of production capacity growth was clearly contained. The overall performance of aluminium consumption has been relatively stable, but the real estate and other sectors have weakened the traditional consumption of aluminium, the aluminium exports have declined, and the electrolytic aluminium stocks remain high. The average price of aluminium products rose sharply from a year ago, and the industry was making a big profit, but the profit level fell back in the fourth quarter.

In the first quarter of 2018 is facing the traditional consumption off-season, together with the trade friction cases of aluminum foil, aluminum plate will affect parts of aluminum exports, and the effects of policy factors on the supply side has appeared, so electrolytic aluminium a glut on the market will remain in the short term, but benefit from control policy continuity, capacity of new project investment has been contained, the situation of oversupply will gradually ease.

Therefore, for foreign buyers of aluminium profiles, the first quarter is the best time to buy in 2018. Hoonly can help you get the right products with the right price.

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