Transactions in the secondary aluminum market was sluggish before CNY holiday

Aluminum prices fell slightly today, with SMM A00 prices falling 40 yuan/mt to 18,970 yuan/mt, below 19,000 yuan/mt again, and ADC12 prices being mainly stable. In terms of domestic prices, the quotations of large domestic secondary aluminum alloy companies remained stable at 19,700-20,000 yuan/mt; for small and medium-sized factories, some quotations fell by 100 yuan/mt to a range of 19,400-19,600 yuan/mt. In terms of imports, the quotation of ADC12 in Malaysia, South Korea and other regions was in the range of $2,320-2,370/mt, and imports still remain at a loss. Aluminum prices fell slightly today, and secondary aluminum alloy prices were mostly stable or fell by 100 yuan/mt. Currently, die-casting plants have basically completed pre-holiday stockpiling, more and more companies entered the CNY holiday, and market transactions were increasingly sluggish. Short-term price mainly fluctuated slightly.