The Secondary Aluminum Market Has Basically Entered a Holiday State with Sparse Transactions [ADC12 Price Daily Review]

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【Secondary Aluminum Market Enters Holiday Mode, Transactions Sparse】Today, aluminum prices remained in a narrow adjustment range, with SMM A00 aluminum prices dropping by 10 yuan/mt from the previous trading day to 20,190 yuan/mt, while secondary aluminum prices remained largely stable. For domestic prices, large domestic secondary aluminum enterprises quoted at 20,800-21,100 yuan/mt, while small and medium-sized plants maintained quotes at 20,500-20,700 yuan/mt. On the import side, imported ADC12 overseas prices were in the range of 2,440-2,470 USD/mt, and real-time losses on imported ADC12 narrowed to within 100 yuan. As the Chinese New Year holiday approaches, most secondary aluminum plants have stopped taking orders and shut down for the holiday, with downstream stockpiling largely completed. Additionally, as downstream operations halt for the holiday, market transactions have become increasingly sluggish. ADC12 prices are expected to remain largely stable before the holiday.

Note: Import profit refers to real-time profit

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