Analysis of Domestic Aluminum Sheet Prices Recently

Regional differences are significant: The market prices in Jinan are generally lower than those in coastal areas (such as Foshan and Shanghai), or are related to local production capacity, transportation costs, and demand structure; alloy aluminum plates like 5052 have higher prices than pure aluminum varieties due to their performance advantages.

The price of aluminum alloy ingots remains stable: The national spot price of ADC12 aluminum ingots (one of the raw materials for aluminum tube production) remains between 19,300 and 19,600 yuan per ton, remaining unchanged, and the pressure on raw material costs has been alleviated in the short term. The impact of policies and industry dynamics on the price of aluminum tubes

The cancellation of export tax rebates has an impact: Starting from December 2024, the export tax rebates for aluminum products will be cancelled, covering 24 tax categories including aluminum tubes and aluminum sheet strips, leading to an expected decrease in domestic aluminum tube exports, and some enterprises may switch to domestic sales, intensifying market competition and possibly suppressing the price of aluminum tubes in the short term.

Industrial Clusters and Capacity Expansion: 74 domestic aluminum projects commenced production in the first half of 2025, including Southwest Aluminum's recycled aluminum project and Nanshan Aluminum's high-value utilization project. This may boost aluminum tube supply in the long term, but if demand grows simultaneously, prices may remain stable.

Growing Demand for High-End Aluminum Tubes: Automotive lightweighting and new energy battery sectors are driving demand for high-performance aluminum alloy tubes. For example, Debao County's 50,000-ton annual production project for lightweight automotive aluminum alloys is expected to drive price increases for high-end aluminum tubes.