LATEST MARKET INFORMATION
The ADC12 aluminum alloy market experienced a challenging month, with overall performance trending downwards. Beginning the month on a higher note, the market has seen a gradual decline in prices as of July 30st. This downward fluctuation is attributed to a combination of sluggish downstream demand and primarily on-demand procurement practices. While traditional procurement has been subdued, there has been a notable increase in speculative buying activity.
Current inventory levels of ADC12 are generally low, and many suppliers are operating at a loss. Despite these conditions, there is a strong inclination among sellers to maintain higher price points. Given these factors, it is anticipated that the market prices for ADC12 will likely remain stable in the near term.
