ADC12 prices are weakly trending; in the short term, they will continue to fluctuate downward.

Today, the ADC12 market overall shows a weak trend. As aluminum prices weaken, cost support loosens, and at the same time, downstream demand remains sluggish. Pre-holiday stockpiling behavior is below expectations, leading to dull trading performance and further suppressing price upward momentum. Coupled with an increase in low-priced sources in the market, competition among enterprises intensifies, causing the price center to shift slightly downward. In the short term, under the dual influence of weakening cost support and insufficient demand, ADC12 prices will continue to fluctuate weakly. (SMM)

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin