Apr 03, 2019

Review of the 2018 aluminum market | market outlook for 2019

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In 2018, the overall domestic aluminum price is in a downward trend of shock, and the overall operating range of domestic spot aluminum price is 13500-15500 yuan/ton. In the first quarter of 2018, due to the low utilization rate of downstream enterprises and continued weak demand, aluminum inventory keeps accumulating, and the social inventory also reaches the historical high of 2.3 million tons, and aluminum prices keep falling. In April, the United States announced sanctions against rusal, Shanghai aluminum surged as high as 15589, then the news surface eased, aluminum prices quickly fell back to the fundamentals. From may, under the influence of stimulating consumer end in the traditional aluminum peak season, domestic aluminum ingots enter the destocking cycle, and aluminum prices fluctuate upward. At the beginning of June, due to the falling prices of alumina and anode on the cost side and the market's pessimistic sentiment on sino-us trade friction, aluminum prices dropped sharply. It was not until the news of norsk hydro's production suspension, Alcoa strike and the tightening of domestic environmental protection policies that aluminum prices fluctuated upward. However, after the end of August, due to the global macroeconomic slowdown, as well as domestic heating season environmental protection is less than expected and other effects, aluminum prices downward shock, also showed a more abnormal "season not prosperous" phenomenon. Aluminum prices have since been falling and have been below the cost line since late October, although there have been occasional signs of a rebound and fundamentals have been lackluster, making it hard to build momentum. In 2019, based on the current market expectations for the continuous slowdown of global economic growth, domestic upstream environmental protection policies and the reduction of the capacity of aluminum and electrolytic aluminum may become the decisive factor for the future aluminum price trend.


Kaixin provides a one-stop service for aluminum extrusion, CNC machining, metal stamping and anodizing.

Following are some photos for our team members who focus on their jobs. We care about every detail during the whole production process to make sure our customers get the quality products all the time.


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CNC machining centre


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Removing the heatsink burr


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Polishing the LED Housing


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Surface polish


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Adjusting JIG tool 


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CNC turning machining


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