Import Prices Remain Strong, Instant Losses for Imported ADC12 Continue to Widen [ADC12 Price Daily Review]

》Click to View SMM Spot Aluminum Prices

[Stronger Import Prices, Instant Losses for Imported ADC12 Continue to Widen] Today, aluminum prices made minor adjustments. The SMM A00 aluminum price decreased by 20 yuan/mt from the previous trading day to 20,790 yuan/mt, while secondary aluminum prices mostly remained stable. Domestic SMM ADC12 prices stayed flat at 21,100-21,300 yuan/mt compared to yesterday; in the import market, overseas ADC12 prices were relatively strong, with quotes remaining above $2,500/mt. Meanwhile, domestic prices faced pressure recently, and with a slight decline in the RMB exchange rate, the instant loss for imported ADC12 widened to 500 yuan/mt. Today, aluminum price fluctuations were relatively small, and the secondary aluminum market was steady. Currently, downstream demand remains weak, and in the short term, the market is more likely to fall than rise.

Note: Import profit refers to real-time profit

》Subscribe to View SMM Historical Metal Spot Prices