Magnet Wire

Aluminum price review this week

Domestic market

This week (2023.1.9-2023.1.13) the aluminum price index averaged 121.6, an increase of 1.53 from last week, with a maximum of 123.89 and a minimum of 119.68 within the week.

foreign market

This week (2023.1.9-2023.1.13) the average weekly LME aluminum official quotation is 2428.5, an increase of 153.5 from last week, the highest within the week is 2511, and the lowest is 2336.5.

Shanghai-London Ratio

This week (2023.1.9-2023.1.13), the Shanghai-London ratio averaged 7.3, a decrease of 0.57 from last week, with a maximum of 7.42 and a minimum of 7.15 within the week.

Futures premiums and discounts

This week (2023.1.9-2023.1.13) the weekly average futures discount is 42, an increase of 67 from last week, the highest within the week is 80, and the lowest is -10.

Spot premiums and discounts

This week (2023.1.9-2023.1.13) the weekly average of spot premiums and discounts was -92, down 10.75 from last week, with a maximum of -10 and a minimum of -180 within the week.

north-south spread

This week (2023.1.9-2023.1.13) the weekly average price difference between North and South is 328, an increase of 68 from last week, the highest within the week is 340, and the lowest is 310.

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