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[SMM waste aluminum column] the shipments of waste aluminum recyclers are still active. Domestic ADC12 prices are weak.
May 12,2020 13:12CST
The content below was translated by Tencent automatically for reference.

Daily Review of waste Aluminum Price

Today, aluminum prices rose slightly by 10 yuan / ton again, because the terminal demand for waste aluminum is concentrated in automobiles and construction, and poor terminal consumption makes waste aluminum holders not optimistic about future aluminum prices. in addition, the early sale makes some waste aluminum holders have large inventories, so under the current aluminum prices, scrap aluminum holders generally ship goods actively. There is no significant change in price. Due to the basic discount price of A00 aluminum, the price of cooked aluminum remains unchanged, while the price of raw aluminum remains stable because of the weak rise in the price of recycled cast aluminum alloy.

May 12 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 plants, the quotation of a recycled aluminum plant in Jiangxi continues to remain stable, and the transaction price of domestic small and medium-sized plants remains between 13000 and 13100 yuan / ton. In terms of imports, forward ADC12 offers for imports are visible to the naked eye, and it is expected that the import window will continue to exist until foreign demand improves significantly.

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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