The ingot price is forecast to be up to RMB 16,000 in June.
The aluminum ingot price has surged to multi-year highs following U.S. sanctions against Rusal, one of the world's largest aluminum producers. With supply disruptions intensifying and downstream demand remaining robust, prices are forecast to reach up to RMB 16,000 per ton in June — a significant jump from recent levels. Aluminum Ingot Price: Current Market
