[SMM scrap Aluminium column] Aluminum prices rise scrap aluminum prices firm recyclers hold a positive shipping attitude

Daily Review of waste Aluminum Price

Today, aluminum prices rose another 190 yuan / ton, due to the rise in aluminum prices, scrap aluminum yard prices continue to remain strong, but shipments are still relatively positive. In terms of price, the price of cooked aluminum has risen slightly because of the discount price of A00 aluminum, and the price of raw aluminum has remained stable because of the weak rise in the price of recycled cast aluminum alloy.

May 11 SMM aluminum alloy ADC12 price

Recycled aluminum enterprises are generally due to poor orders, the price rise is weak. In terms of domestic prices, the quotation of mainstream large recycled aluminum enterprises is stable, concentrated in 13200 × 13300 yuan / ton, and the greater order pressure makes most recycled aluminum enterprises less willing to raise prices. The quotation of imported waste aluminum enterprises is still maintained below 13000 yuan / ton and remains relatively stable. In terms of small and medium-sized factories, although the quotation of a recycled aluminum factory in Jiangxi is stable, according to the feedback of traders, the prices of small and medium-sized factories have risen, and it is expected that the transaction price of domestic small and medium-sized factories will rise to 13000 yuan / ton today. Under the dual pressure of supply and demand, the profits of the whole industry of recycled aluminum continue to be compressed. In terms of imports, it has been heard that the spot price of Guangdong import ports has dropped, with a quotation of 12500 yuan per 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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