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[SMM waste Aluminum column] the circulation of waste aluminum is less and the price of aluminum is rising rapidly.
May 6,2020 13:14CST
translation
Source:SMM
The content below was translated by Tencent automatically for reference.

Daily Review of waste Aluminum Price

On the first day after the festival, the price of aluminum rose 180 yuan / ton to 12980 yuan / ton, waste aluminum due to the circulation of less supply, with the rapid rise in aluminum prices, the market generally feedback that the price of waste aluminum rose by 100 yuan / ton. At present, the relatively active transaction is still mainly related to the aluminum price, the discount rate cooked aluminum series, raw aluminum, because of the less supply, part of the offer price is on the high side, it is difficult to see the transaction. On the whole, the liquidity of cooked aluminum is significantly better than that of raw aluminum, and the price varies almost synchronously with the price of aluminum.

May 6 SMM aluminum alloy ADC12 price

Recycled aluminum enterprises generally feedback a significant increase in costs, but in view of the current order is not good, the subsequent import of aluminum alloy ingots to the volume of large, most of the quotation to maintain stability, only the low price will be recovered. Specific prices, the domestic mainstream large enterprises quoted 13200 yuan / ton, domestic supply of low prices rose significantly, the use of imported waste aluminum enterprises quotation remains unchanged. Small and medium-sized enterprises, a recycled aluminum enterprise in Jiangxi Province during the May Day holiday down 100 yuan / ton, up 100 yuan / ton to maintain the pre-festival quotation, small and medium-sized factory mainstream offer 13000 yuan 13200 yuan / ton. Under the background of weak demand, due to the rise in aluminum prices brought about by rising costs, recycled aluminum ADC12 prices rose passively, relatively speaking, the rise is relatively weak, because the increase in aluminum prices is relatively large, so that the gap between ADC12 and A00 aluminum prices is not narrowed, in addition, for the late import of aluminum alloy ingots to a large number of worries also make the price rise weak. In addition, according to the feedback of recycled aluminum enterprises, there is the behavior of passively raising the purchase price of waste aluminum today.

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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