Aluminum price stopped falling and stabilized
According to the data of business agency, on July 20, the average market price of domestic aluminum ingots in East China was 17890 yuan / ton, a daily decrease of 0.11%, a decrease of 6.17% from the average market price of 19066.67 yuan / ton at the beginning of the month (7.1), and an increase of 6.12% from the average market price of 19056.67 yuan / ton in the same period last year.
Periodical destocking is obvious
At present, the social inventory of aluminum ingots in major regions has been greatly removed. As of the 18th, the social inventory of aluminum ingots in major regions was 682000 tons, down 148000 tons from the same period last year.
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