Secondary Aluminum Alloy Market Declines, ADC12 Prices Drop Amid Weak Demand and Lower Cost Support
[SMM Aluminum Alloy Daily Review] The secondary aluminum alloy market saw broad declines today. SMM ADC12 prices fell 200 yuan/mt from the previous trading day to 23,900 yuan/mt. Demand side, weakness persisted, with downstream buyers showing limited willingness to stockpile ahead of the holiday, and trading activity remained subdued. Meanwhile, cost support weakened in tandem, adding further downward pressure on prices. In the short term, under the dual weakness in costs and demand, ADC12 prices are expected to remain in the doldrums, and market confidence has yet to recover.