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[SMM scrap Aluminium column] Aluminium Price rebounds waste Aluminium supply remains tight demand is not good recycled Aluminium Enterprise quotation is stable
Apr 23,2020 13:25CST
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Source:SMM
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Daily Review of waste Aluminum Price

Aluminum prices rebounded 230 yuan per ton today. Due to the current Guangdong aluminum bar processing fee rose to 1000 yuan / ton, so that the price of cooked aluminum continues to rise, however, there is still no market. Heard of the buyer's offer for aluminum profiles excluding tax purchase price of 10300 yuan / ton, 1 series aluminum sheet excluding tax quotation of 11200 yuan / ton, almost reached the A00 aluminum price. However, due to the lack of supply in the market, there is still a price but no market. In addition, due to the recent large number of purchases of A00 aluminum to produce aluminum bars, the market aluminum ingot tickets have been greatly increased, and even the ticket points have been reduced to a certain extent.

April 23 SMM aluminum alloy ADC12 price

The spot price of A00 aluminum rebounded today, and the price of waste aluminum continued to remain strong. Demand upstream and downstream die casting enterprises to maintain wait-and-see, procurement willingness is low, many recycled aluminum enterprises feedback customer inquiry is less. Specific prices, large recycled aluminum enterprises to maintain an offer of 13100 yuan / ton, the use of imported waste aluminum enterprises quoted slightly up to 13000 yuan / ton, and a small number of enterprises lack of waste aluminum, the quotation also maintained 13300 yuan 13400 yuan / ton. In terms of small and medium-sized factories, the quotation for a factory in Jiangxi rose by 100 yuan to 13100 yuan / ton today, making the quotation for small and medium-sized factories rose to 12900 yuan / ton as a whole. At present, the domestic recycled aluminum ADC12 price mainly lies in the contradiction between the weak consumption and the aluminum price with the center of gravity moving up. Recently, the most prominent manifestation is that due to the near disappearance of export orders, recycled aluminum enterprises using imported waste aluminum are forced to scramble for orders at low prices, which contradicts the high cost of enterprises using domestic waste aluminum due to the shortage of domestic waste aluminum supply. The recent rise in aluminum prices has closed the window for recycled aluminum enterprises to use A00 aluminum, exacerbating the contradiction. If downstream demand can not absorb the price increase, recycled aluminum enterprises are likely to be forced to stop production due to insufficient supply of raw materials. Overall, today's ADC12 prices mainly for the low price source prices rose slightly, the high price supply is still relatively weak, the price is stable.

Distribution Map of Price difference between ADC12 and A00 Aluminum from 2015 to 2020

Note: the left axis is the absolute price and the right axis is ADC12 to A00 aluminum processing fee

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Waste aluminum
recycled aluminum

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