China's Secondary Aluminum Alloy Market Sees Mixed Quotations Amid Rebound and Cautious Sentiment

Published: Jul 8, 2026 13:51

Save

[SMM Secondary Aluminum Alloy Daily Review] Quotations in China's secondary aluminum alloy market diverged slightly today. Driven by the continued rebound in aluminum prices and futures, some enterprises actively followed the uptrend, while others, due to moderate downstream demand, a slowdown in end-user procurement pace, coupled with significant resistance in shipments and insufficient motivation for price adjustments, chose to hold steady and wait and see, leading to more cautious market sentiment. Overall, the ADC12 market today saw a coexistence of price-hike following and wait-and-see stance, with the price rise lacking effective support from the demand side. In the short term, the market continued to consolidate.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

Common.Time.minsAgo

Macro sentiment hedge weighs on the rise; China destocking accelerates, supporting the aluminum price bottom [SMM Aluminum Morning Brief]

[Macro Sentiment Hedging Suppresses Rise, Domestic Destocking Acceleration Supports Aluminum Price Bottom] On the domestic front, positives are increasingly prominent, with the share of liquid aluminum continuing to rise. In the past week, aluminum ingot warehouse withdrawals have hit a four-year high, and the pace of inventory destocking has significantly accelerated, providing support for the bottom of SHFE aluminum. Amid intertwined bullish and bearish factors, US dollar bullish factors abroad are offsetting supply-side and geopolitical bearish factors. After previous overselling, LME aluminum's downward momentum is slowing, and in the near term, it will mainly consolidate at lows for a recovery. Supported by rapid destocking, the likelihood of the domestic market underperforming LME aluminum is low. SHFE and LME may see slight divergence, and a persistently one-sided weak trend is unlikely.

Common.Time.minsAgo

1 hour ago

Off-Season Demand Hard to Improve; Aluminum Alloy Prices Mainly Move Sideways [SMM Cast Aluminum Alloy Morning Comment]

[SMM Cast Aluminum Alloy Morning Comment: Off-Season Demand Hard to Improve, Aluminum Alloy Prices Mainly Move Sideways] The ADC12 market sees coexistence of price adjustments, following rises, and a wait-and-see attitude. The price rise lacks effective support from the demand side, and the market continues to consolidate in the short term.

1 hour ago

Common.Time.hoursAgo

H1 2026 Secondary Aluminum Alloy Review and Outlook: Resilience Endures Amid Lingering Concerns [SMM Analysis]

[SMM Analysis: 2026 H1 Review and H2 Outlook for Secondary Aluminum Alloy: Resilience Remains, Hidden Concerns Persist] Looking ahead to H2 2026, the secondary aluminum alloy market is expected to continue operating around two main themes: "cost support" and "demand recovery," maintaining an overall pattern of high costs and tight balance.

Common.Time.hoursAgo