ADC12 Daily Price Review: Aluminum Rebounds Sharply, Secondary & ADC12 Prices Face Hurdles

Published: Mar 12, 2025 13:52

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【ADC12 Price Daily Review: Aluminum Prices Rebound Sharply, Secondary Aluminum Prices Lack Momentum】
Today, aluminum prices recovered the losses of the previous two days, with SMM A00 aluminum prices surging by 190 yuan to 20,900 yuan/mt compared to the previous trading day, while secondary aluminum prices encounter resistance. Domestically, SMM ADC12 prices remained unchanged from yesterday, staying within the range of 21,200-21,400 yuan/mt. In the import market, overseas ADC12 prices held firm at a high level near $2,500/mt. Due to the strengthening of the yuan exchange rate, immediate import losses slightly narrowed to within 200 yuan/mt. Current market demand is weaker than expected, with orders rebounding slowly, limiting the upside room for ADC12 prices. As raw material market liquidity improves, cost side support is weakening further. If the recovery in end-use consumption lacks sustainability, coupled with further loosening of cost support, ADC12 prices are expected to face continued resistance to upward adjustments or even downward pressure.

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