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2025-09-15 13:02:12
[Aluminum prices may set a record for the longest consecutive rise in a year before the Fed's decision] Aluminum prices rose for the seventh consecutive trading day before the Fed's interest rate meeting this week. The market expects the Fed to cut interest rates. The benchmark aluminum price on the London Metal Exchange rose during the Asian trading session, rising 0.6% to $2,705 per ton at one point, hitting the highest level since March, and then narrowed the gains, and is expected to set a record for the longest consecutive rise in more than a year. Investors are awaiting the Fed's policy decision on Wednesday. Rising expectations of monetary easing have put pressure on the US dollar, thereby boosting industrial metal prices. The recent surge in aluminum inventory withdrawal requests has raised supply concerns and continued to provide support for aluminum prices.
