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[SMM waste Aluminum column] active transaction in waste Aluminum Market; quotation of recycled aluminum enterprises is stable
May 7,2020 14:03CST
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Source:SMM
The content below was translated by Tencent automatically for reference.

Daily Review of waste Aluminum Price

Today, aluminum prices are flat, the overall market sellers are more willing to ship goods, and the degree of activity has increased significantly. On the one hand, the reason is that the storage capacity of the cargo yard is limited, and the continuous sale makes some of the goods yard inventory high, at the edge of the explosion, on the other hand, the aluminum price returns to around 13000 yuan / ton, which greatly reduces the inventory loss before the festival. Under the new source of goods and the cost of A00 aluminum ingots, the actual loss is relatively limited.

May 7 SMM aluminum alloy ADC12 price

Today, aluminum prices were basically flat, down 10 yuan / ton to 12970 yuan / ton. Domestic recycled aluminum enterprises are stable in their quotations, but according to downstream feedback, consumption has not improved since May, and the acceptance of the price rise of aluminum alloy ingots caused by the rise in aluminum prices is low, and the rise of ADC12 prices is relatively weak. In terms of domestic prices, the quotation of mainstream large recycled aluminum enterprises is stable, concentrated in 13200 yuan / ton, and the quotation of imported waste aluminum enterprises is still below 13000 yuan / ton. In terms of small and medium-sized factories, although the quotation of a recycled aluminum factory in Jiangxi is flat, due to poor demand and the impact of imported aluminum alloy ingots, the psychological expectations of buyers and sellers for prices have increased. At present, the transaction price is concentrated between 13000 yuan and 13200 yuan / ton, and the transaction at the low price end has been reduced. On the other hand, due to the decrease in the arrival of imported aluminum alloy ingots in May and the rise of overseas quotations, the transaction price of spot imported ADC12 aluminum alloy ingots rose to 12600 yuan / ton.

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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