Strong Aluminium Plate Price in Nagoya

Aluminium plate market price is increasing in Nagoya. The price is at around 735 yen per kilogram for small sized plate with 1 millimeter thick and at around 715 yen per kg for large sized plate with 1 mm thick.Trading was slow among dealers last week only after New Year holidays. The market dealers expect aluminium plate price could increase when domestic primary aluminium ingot price increased by 30 yen to 370 yen per kilogram for January-March from September-December 2006. The dealers seek to pass the increase of primary aluminium price on their reselling prices.Aluminium plate makers announced they would raise rolling charge by average 10-20% to pass productive costs expansion such for fuel costs. The makers’ selling price will increase by 50-80 yen per kg including the surge of primary aluminium ingot price and the hike for rolling charge.The users might disapprove the hike when aluminium plate price is increasing sharply. On the other hand, the wholesalers are showing strong selling stances to reflect the surge of cost price on the reselling price. The market price is strong consequently.