Outside China ADC12 Prices Strengthen, Import Losses Deepen Again [Daily Review of ADC12 Prices]

Published: Aug 11, 2026 13:22

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[ADC12 Price Daily Review: Outside China ADC12 Prices Strengthened, Import Losses Deepened Further] The ADC12 market offers consolidated on a strong note today. The SMM average price was raised slightly by 50 yuan/mt. Some enterprises, supported by high raw material costs and strong aluminum prices, followed suit to increase their prices by 100 yuan/mt. However, end-use demand remained in the high-temperature off-season, and downstream buyers mainly made just-in-time procurement. Transactions improved only limitedly, and some enterprises held prices stable for the time being and took a wait-and-see approach.

Futures side: In the early morning trading session, the aluminum alloy 2610 futures contract opened at 23,575 yuan/mt. During the day, it overall presented a consolidating pattern of retreat after rapid rise and bottoming out. The intraday high hit 23,620 yuan/mt, and the low dipped to 23,495 yuan/mt. It closed at noon at 23,585 yuan/mt, edging up 0.38%.

Spot side: ADC12 market quotes consolidated on a strong note today. The SMM average price was slightly raised by 50 yuan/mt. Some enterprises followed the rise by 100 yuan/mt, supported by high raw material costs and relatively strong aluminum prices. However, end-use demand remained in the high-temperature off-season, with downstream just-in-time procurement dominating. Transactions improved limitedly, and some enterprises temporarily stabilized and watched. In the short term, cost support remains solid, leaving limited downside room for prices, but the demand side exerts significant suppression on price gains. ADC12 is expected to continue a consolidating pattern where cost support and demand constraints coexist. The upside extent still awaits a substantial recovery in end-use consumption.

Import side, current ex-China ADC12 quotes edged up to $3,090-3,120/mt, and import real-time losses widened again to above 1,000 yuan.

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.

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