Aluminum Prices Maintain Upward Trend; Secondary Aluminum Prices Actively Increase [ADC12 Price Daily Review]

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【Aluminum Prices Maintain Upward Trend, Secondary Aluminum Prices Actively Increase】Today, the center of aluminum prices continued to rise, with spot SMM A00 aluminum prices increasing by 240 yuan/mt from the previous day to 20,470 yuan/mt, and some secondary aluminum prices following the upward trend. Domestically, SMM ADC12 prices rose by 100 yuan/mt from the previous day to 21,100-21,300 yuan/mt. On the import side, overseas prices for imported ADC12 remained slightly stable in the range of $2,420-2,450/mt. With the rise in domestic prices, the immediate profit for imported ADC12 shifted from a loss to a slight profit. The secondary aluminum market is in a recovery phase. Although overall trading volume remains insufficient, the upward trend in aluminum prices, coupled with tight market circulation, has led to a rapid increase in aluminum scrap procurement quotations, driving up raw material costs and pushing ADC12 prices higher. In the short term, ADC12 prices are expected to remain stable with a slight upward trend.

Note: Import profit refers to real-time profit

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