ADC12 Market Stable at 24,100 Yuan/mt; Prices Expected to Move Sideways
[SMM Aluminum Alloy Flash] Today, overall ADC12 market quotes remained stable, with SMM ADC12 flat at 24,100 yuan/mt compared with the previous trading day. Spot aluminum prices and aluminum alloy futures saw limited fluctuations, having a relatively small impact on market sentiment, and the cost side has yet to form new drivers. Meanwhile, supply-demand fundamentals changed little, and downstream enterprises mainly restocked on a rigid demand basis, resulting in relatively stable market transactions. In the short term, ADC12 prices will continue to move sideways. Going forward, attention should be paid to the impact of aluminum price trends, aluminum scrap supply, and downstream order recovery on the market.