Aluminum alloy price on March 18

March 18, 2024. On Friday, SMM spot A00 aluminum reported an average price of 19,140 yuan/ton. A00 aluminum ingots up discount average price 10. Aluminum futures warehouse receipt 89,856 tons, an increase of 3672 tons from the previous day. LME aluminum inventory 573,275 tons, a decrease of 1,500 tons. According to SMM statistics, domestic electrolytic aluminum production in February 2024 (29 days) was 3.333 million tons, an increase of 7.81%. 2024-3-14: Aluminum ingot library 19,000 tons to 889,000 tons, aluminum rod library 151,000 tons to 276,000 tons. The policy of exchanging old for new stimulated domestic market sentiment, and nonferrous metals generally rose. Aluminum prices are expected to shock strong market is expected to continue. Domestic reference operating range: 18600-19500 yuan/ton. LME-3M reference operating range: $2150-2350 / ton.