Aluminum prices rebounded slightly, sentiment for secondary aluminum price adjustment remained insufficient [ADC12 Price Daily Review]

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【Aluminum prices rebounded slightly, insufficient sentiment for secondary aluminum price adjustments】Today, aluminum prices dropped back slightly, with SMM A00 aluminum prices rising by 30 yuan/mt to 19,910 yuan/mt compared to the previous trading day. Domestic SMM ADC12 prices remained stable in the range of 20,500-20,700 yuan/mt. In the import market, overseas ADC12 quotations were maintained at $2,430-2,450/mt, with the real-time loss for imported ADC12 hovering around 600 yuan/mt. Currently, the demand side of the secondary aluminum market lacks effective support. Although the weekly fluctuation range of aluminum prices narrowed, downstream purchasing enthusiasm remained persistently low, leading to a slowdown in shipments from secondary aluminum smelters and an accumulation of finished product inventories. In the short term, the upward momentum for prices is insufficient, and secondary aluminum alloy prices are expected to remain in the doldrums.

Note: Import profit refers to real-time profit

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