Japan Rolled Al Market Price to Increase in January

Rolled aluminium market price was flat in Tokyo, Nagoya and Osaka at the end of December from November, announced by Japanese aluminium dealers’ group. The market price is strong in January when the indicator of averaged primary aluminium ingot price increased by 10 yen to 240 yen per kilogram.

The primary aluminium ingot price decreased by 30 yen to 230 yen per kg in October-December compared with the level for July-September. The rolled aluminium dealers reflected the price change to the reselling price. The market price was flat in December when the market has already reflected the change in Osaka and Nagoya, the dealers’ group said.

The market price decreased by 30 yen per kg for small aluminium plate, aluminium free-cutting bar and 63S shape in Tokyo in October-December from September. However, the market price decreased by only 25 yen for 56S bar and by 20 yen for large plate and 52S plate. The dealers could not reflect all of 10 yen increase in the indicator to rolled aluminium price in July-September and they apparently adjusted the price reduction in October-December.