Aluminum Prices Maintain Slight Decline as Demand Recovery Falls Short of Expectations [ADC12 Price Daily Review]

》Click to View SMM Spot Aluminum Quotes

【Aluminum Prices Maintain Slight Decline, Demand Recovery Below Expectations】Today, aluminum prices fluctuated slightly, with SMM A00 aluminum prices dropping by 30 yuan/mt from the previous trading day to 20,510 yuan/mt, while secondary aluminum prices remained stable. Domestically, SMM ADC12 prices were flat at 21,200-21,400 yuan/mt. In the import market, overseas ADC12 prices ranged from $2,420/mt to $2,460/mt, with real-time profit for imported ADC12 per mt staying within the range of 100-300 yuan. Today, aluminum prices continued to drop slightly, and secondary aluminum market quotations remained stable. Recently, with traders resuming operations and an increase in overseas imports, the circulation of aluminum scrap in the market has increased, slightly easing cost pressure for secondary aluminum plants. Current downstream demand recovery is slightly slower than expected, and with the continuous increase in market supply, prices may face resistance in the future. In the short term, secondary aluminum alloy prices are expected to mainly adjust within a narrow range along with aluminum prices.

Note: Import profit refers to real-time profit

》Subscribe to View SMM Historical Spot Metal Prices