Aluminum Prices Rebound Rapidly, Secondary Aluminum Prices Encounter Resistance [Daily ADC12 Price Review]

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[Aluminum Prices Rebound Rapidly, Secondary Aluminum Prices Encounter Resistance] Today, aluminum prices rebounded rapidly, with SMM A00 aluminum prices rising 220 yuan/mt to 20,810 yuan/mt compared to the previous trading day. Secondary aluminum prices mainly remained stable or saw slight increases. Domestic SMM ADC12 prices were flat at 21,100-21,300 yuan/mt; in the import market, overseas ADC12 prices remained firm above $2,500/mt, and the real-time import loss expanded to 300-500 yuan/mt. Today, aluminum prices recovered from yesterday's decline, but the secondary aluminum market lacked momentum to follow. Currently, downstream demand is relatively weak, orders remain sluggish, and the short-term trend is more likely to fall than rise.

Note: Import profit refers to real-time profit

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