Why Does PVDF Colored Aluminum Coil With Longer Service Life?

On June 17th, the price of SMM A00 aluminum dropped by CNY 20,610/Mt compared with the previous trading day.US inflation is lower than expected, boosting the Fed's expectations of rate cuts, but the escalation of tensions in the Middle East has increased risk aversion in the market, and the US dollar index has rebounded. The Fed's interest rate meeting is about to take place this week, and uncertainty remains strong. LME weekly inventory reduction was 10,625 tons to 353,200 tons. As of June 16, the inventory of electrolytic aluminum in major Chinese markets was 460,000 tons, a decrease of 3,000 tons from the inventory last Thursday. The social inventory of aluminum ingots continued to fall over the weekend. The inventory of aluminum ingots fell to 460,000 tons last week. Since entering June, it has maintained a weekly destocking rhythm of 40,000 tons, but aluminum bars have stopped destocking, indicating that the increase in the proportion of aluminum liquid has led to a decrease in ingots. The main reason, but the rapid destocking of total inventory has strengthened the support for aluminum prices. The inventory of aluminum ingots at home and abroad maintains a destocking trend, the overseas aluminum spot basis has turned into a premium, the social inventory of domestic aluminum ingots continues to decline, and with the rebound in prices, the willingness of downstream to pick up goods may weaken in the short term, the supply and demand fundamentals are weakening, and aluminum prices are under pressure.