SMM Report: ADC12 Price Rebounds Above 22,000 Yuan/mt Amid Supply Tightness and High Costs

Telah Terbit: Dec 26, 2025 15:36

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[SMM Aluminum Alloy Express] Today, the SMM A00 aluminum price was quoted at 22,020 yuan/mt, up 40 yuan/mt from the previous trading day. The ADC12 price increased by 50 yuan/mt to 22,000 yuan/mt, returning to above 22,000 yuan/mt for the first time since May 2022. Raw material supply remained tight, while aluminum and copper prices continued to fluctuate at highs, with copper prices approaching 100,000 yuan/mt, driving rapid price increases for aluminum scrap, especially aluminum tense scrap. Secondary aluminum alloy producers raised their offers multiple times during the day. Demand side, signs of weakening emerged, as downstream acceptance of high prices was limited, fear of high prices intensified, and overall market transactions were sluggish. Supply side, affected by environmental protection-related controls, raw material shortages, or losses, capacity still faced contraction pressure. Overall, cost support and tightening supply formed a price floor, but slowing demand and aluminum prices fluctuating at highs constrained downstream purchase willingness. The ADC12 price is expected to maintain a fluctuating trend at highs in the short term.

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