Weak Aluminium Extrusion Price in Tokyo

Aluminium extrusion market price is flat with potential weakness at around 715 yen per kilogram for aluminium alloy bar for A5056B, 780 yen for free-cutting bar for A2011B and 545 yen for shape for A5056B around Tokyo.

Japanese primary aluminium ingot price decreased by 20 yen per kilogram on October 1 from the end of September and market sources already focus on the price for January-March 2012. One dealer source sees the ingot price would decrease by 30 yen in January from current level when offshore market price is decreasing.

The dealers built up the aluminium extrusion inventory through June. Some dealers stopped the purchase in September to reduce the inventory. However, the dealer source sees some dealers would reduce the selling price for liquidation. The price would decrease.