Aluminum Prices Rebound for Two Consecutive Days, Secondary Aluminum Prices Actively Increase [ADC12 Price Daily Review]

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【Aluminum Prices Rebounded for Two Consecutive Days, Secondary Aluminum Prices Increased Positively】Today, aluminum prices maintained the upward trend from last Friday. SMM A00 aluminum prices rose by 40 yuan/mt from yesterday to 19,870 yuan/mt, while secondary aluminum prices increased steadily. Domestically, large secondary aluminum enterprises raised their quotes by 100 yuan/mt to 20,500-20,800 yuan/mt. For small and medium-sized plants, quotes increased by 0-100 yuan/mt to 20,200-20,400 yuan/mt. On the import side, overseas ADC12 prices ranged from $2,430-2,460/mt, and port spot cargo quotes increased by 100 yuan/mt to 19,800-20,000 yuan/mt. Due to the strengthening domestic prices, the real-time loss per ton for imported ADC12 narrowed to within 400 yuan. Aluminum prices rose again today, prompting secondary aluminum quotes, which had remained stable last Friday, to increase by 100 yuan/mt. Currently, secondary aluminum plants face high costs and low finished product inventories, making secondary aluminum alloy prices more likely to rise than fall in the short term.

Note: Import profit refers to real-time profit

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