[SMM scrap Aluminum column] Aluminium prices fell after delivery and scrap aluminum prices gave up their recent increases.

Published: Jul 16, 2020 13:59

SMM7 March 16 News: today's aluminum price fell 290 yuan / ton to 14530 yuan / ton, recycled aluminum plant slightly reduced prices, small and medium-sized factories reduced prices more obviously. In terms of domestic prices, the quotations of large domestic factories are concentrated at 13400-13500 yuan / ton, while those of enterprises using imported waste continue to maintain 13000-13200 yuan / ton, and the prices of some factories have been reduced by 50 yuan / ton. For small and medium-sized plants, the price of a recycled aluminum plant in Jiangxi dropped by 100 yuan / ton, while that of small and medium-sized factories and traders dropped to 12800 yuan and 13100 yuan / ton. In terms of import and export, Japan's demand for ADC12 has recovered slightly, and the overseas procurement volume has increased, making the actual overseas quotations continue to rise, and the price of China's exports to Japan has risen to 1500,000,1540 yuan / ton. Import ADC12 quotation rose synchronously, the current import Ningbo ADC12CIF (agreement free countries) quotation rose to 1450,1570 U.S. dollars / ton, the mainstream quotation maintained more than 1500 U.S. dollars / ton, European ADC12 quotation rose to 1450 million 1460 U.S. dollars / ton, but the current domestic and Japan for the import of aluminum alloy ingots rose sharply showed a wait-and-see attitude, the actual transaction is not much. Due to the slight reduction in the quantity of spot ADC12 arriving in Hong Kong, coupled with the rise in overseas quotations, domestic traders and sellers' quotations are slightly stronger, the quantity of goods at low prices is reduced, and the transaction price has not been heard at the spot port of high-quality goods. The current quotation is maintained at 12700 yuan / ton, and the forward price is quoted at 12600 yuan / ton in September. The current import profit is maintained at 400 won 500 yuan per ton.

SMM aluminum alloy ADC12 price market on July 16th

Aluminum prices fell 290 yuan / ton to 14530 yuan / ton today. In terms of scrap aluminum prices, domestic cooked aluminum prices have declined by 100,200 yuan / ton, giving up the increase in scrap aluminum in recent days. In terms of raw aluminum, it continues to remain stable. Import scrap aluminum, the current overseas zorba (95 metal volume, 2% copper broken raw aluminum) Malaysia CIF price of 970 US dollars / ton, after preliminary treatment, the price is also around 1100 US dollars / ton, which is about 1500 yuan / ton lower than the domestic raw aluminum tax price. If imports are liberalized, domestic shocks are inevitable, and all parties remain on the sidelines for imported waste aluminum.

Note: import self-withdrawing is the ADC12 cash self-withdrawing price of Ningbo Port.

Scan the QR code and join the SMM metal communication group.

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
Jusheng Light Alloy Aims for 1 Billion Yuan Output with NEV Aluminum Foil Expansion
21 hours ago
Jusheng Light Alloy Aims for 1 Billion Yuan Output with NEV Aluminum Foil Expansion
Read More
Jusheng Light Alloy Aims for 1 Billion Yuan Output with NEV Aluminum Foil Expansion
Jusheng Light Alloy Aims for 1 Billion Yuan Output with NEV Aluminum Foil Expansion
Jusheng Light Alloy specializes in the production of high-performance aluminum alloy plates, strips, and foils, along with the processing of related products, and has achieved an output value of 470 million yuan. Since establishing a cooperative relationship with North China Aluminum, it has successfully brought in a professional management team of over 20 people. This team is helping the company expand its product portfolio into emerging fields such as NEV aluminum foil, with a target of exceeding 1 billion yuan in output value within the year.
21 hours ago
Southwest Aluminum Sets New Production Record, Automotive and Ship Plate Output Surges
21 hours ago
Southwest Aluminum Sets New Production Record, Automotive and Ship Plate Output Surges
Read More
Southwest Aluminum Sets New Production Record, Automotive and Ship Plate Output Surges
Southwest Aluminum Sets New Production Record, Automotive and Ship Plate Output Surges
As of May this year, Southwest Aluminum's product production was up 10.1% YoY, setting a new record for the same period, and the production-sales ratio remained at 100%. Specifically, the Rolling Plant improved its rolling production process, with production up 3.4% YoY; the Plate & Strip Company, focusing on full detailed order production scheduling, saw production up 8.4% YoY, while its hot continuous rolling line production was up 5.1% YoY, hitting a new high. In addition, the production of automotive sheets and ship plates surged 72% and 174.1% YoY, respectively.
21 hours ago
China's AC Production and Sales Decline in May 2026, Domestic Market Hit Hard
22 hours ago
China's AC Production and Sales Decline in May 2026, Domestic Market Hit Hard
Read More
China's AC Production and Sales Decline in May 2026, Domestic Market Hit Hard
China's AC Production and Sales Decline in May 2026, Domestic Market Hit Hard
ChinaIOL monitoring data shows that in May 2026, China's household air conditioner production was 18.74 million units, down 10.0% YoY; sales were 19.58 million units, down 11.1% YoY; of which exports were 7.58 million units, down 4.2% YoY; and domestic sales were 12.00 million units, down 15.0% YoY. Production and sales continued to decline. Affected by the domestic end-use market climate, the YoY decline in domestic sales widened significantly. Under inventory pressure, production was proactively reduced to start destocking.
22 hours ago
[SMM scrap Aluminum column] Aluminium prices fell after delivery and scrap aluminum prices gave up their recent increases. - Shanghai Metals Market (SMM)