The Loss of Imported ADC12 Intensified Again [ADC12 Price Daily Review]

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【Immediate Losses for Imported ADC12 Worsened Again】Today, aluminum prices fluctuated relatively small, with SMM A00 aluminum prices remaining flat at 20,660 yuan/mt compared to the previous trading day, and secondary aluminum prices mostly maintained stable quotes. Domestic SMM ADC12 prices remained flat in the range of 21,000-21,200 yuan/mt. In the import market, overseas ADC12 quotes continued to stay at a high level above $2,500/mt, while domestic prices recently faced downward pressure, coupled with the continuous depreciation of the yuan, leading to immediate losses for imported ADC12 expanding to over 500 yuan/mt. Today, aluminum prices remained stable, and the sentiment for price adjustments in the secondary aluminum market was not high. Insufficient demand combined with weakening costs maintained a pattern where secondary aluminum alloy prices are more likely to fall than rise in the short term.

Note: Import profits are real-time profits

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