Aluminum prices have fluctuated downward this week
Gamma-PGA (gamma polyglutamic acid) |
Aluminum prices have fluctuated horizontally this week. According to the Commodity Market Analysis System of Shengyi Society, as of July 31, 2025, the average price of aluminum ingots in the East China market in China was 20596.67 yuan/ton, a decrease of 0.96% from the market average price of 20796.67 yuan/ton on July 25.
Fundamental Overview
Macro: The Federal Reserve meeting kept interest rates unchanged, which is in line with market expectations, and it is also the fifth consecutive time this year that the Federal Reserve’s monetary policy meeting has decided to keep interest rates unchanged.
According to social inventory data, the current social inventory of aluminum ingots is starting to recover, with a slight accumulation in recent times. On July 31st, the inventory of electrolytic aluminum ingots in mainstream consumption areas in China was 544000 tons, an increase of 11000 tons from Monday and an increase of 34000 tons from last Thursday.
http://www.lubonchem.com/ |