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.