Aluminum Prices Rebound within a Narrow Range, Secondary Aluminum Prices Remain Largely Stable [[ADC12] Daily Price Review]

》Click to view SMM spot aluminum quotes

[Aluminum Prices Rebound Slightly, Secondary Aluminum Prices Remain Largely Stable] Today, the SMM A00 aluminum price increased by 10 yuan/mt from the previous trading day to 19,620 yuan/mt. The domestic SMM ADC12 price remained stable within the range of 20,200-20,400 yuan/mt. In the import market, overseas ADC12 quotes stayed at $2,410-2,440/mt, with the instant loss of imported ADC12 still hovering around 600 yuan/mt. Today, aluminum prices stopped falling and stabilized, with most secondary aluminum smelters resuming stable pricing. Entering May, the downstream demand for secondary aluminum is transitioning into the off-season, with weak market transactions. However, due to slightly tight raw material circulation, cost support for prices has strengthened. In the short term, ADC12 prices will continue to remain in the doldrums.

Note: Import profits are real-time profits

》Subscribe to view historical SMM metal spot prices