Aluminum Alloy Night Session Downtrend Slows; Continuous Destocking and Firm Aluminum Scrap Keep Market Cautious [SMM Cast Aluminum Alloy Morning Comment]
[SMM Cast Aluminum Alloy Morning Comment: Aluminum Alloy Night Session Decline Slows Down, Continuous Destocking and Firm Aluminum Scrap Keep Market Cautiously Wait-and-See]
On Thursday, mainstream enterprises' quotes for ADC12 were generally lowered by 100–200 yuan/mt, and the SMM ADC12 price fell by 150 yuan/mt from the previous day to 23,850 yuan/mt. Amid the continuous price decline, downstream clients' purchasing enthusiasm did not significantly improve, with just-in-time procurement remaining dominant, wait-and-see sentiment relatively strong, and restocking willingness insufficient.