ChemPriceHub Alert: Spot Price of Aluminum Ingots from Aluminum Corporation of China Declines

On January 30, 2026, the spot prices of aluminum ingots (AL99.70) from Aluminum Corporation of China Limited (Chalco) declined across various regions, with specific details as follows:

• East China market: quoted at 24,660 yuan/ton
• South China market: quoted at 24,620 yuan/ton
• Southwest China market: quoted at 24,590 yuan/ton
• Central China market: quoted at 24,480 yuan/ton

Compared to the previous trading day, the prices fell by 200 yuan/ton, 190 yuan/ton, 200 yuan/ton, and 210 yuan/ton, respectively.

PriceSeek Analysis on Aluminum
Bull-Bear Score: -1

The article indicates that on January 30, 2026, the spot prices of Chalco's aluminum ingots (AL99.70) declined by 200 yuan/ton, 190 yuan/ton, 200 yuan/ton, and 210 yuan/ton in the East China, South China, Southwest China, and Central China markets, respectively, representing a decrease of approximately 0.8%. This broad-based decline reflects weak market demand or oversupply, exerting downward pressure on aluminum spot prices. A score of -1 indicates a generally bearish outlook, as the decline, while not extreme, spans multiple major regions, suggesting a short-term supply-demand imbalance.