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[SMM waste aluminum column] the price of waste aluminum remains firm and low-end ADC12 is upside down with the price of A00 aluminum.
May 18,2020 13:36CST
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Source:SMM
The content below was translated by Tencent automatically for reference.

Daily review on the price of waste aluminum

Today, aluminum prices soared 130 yuan / ton, cooked aluminum waste aluminum prices remain strong, some slightly raised prices. The main reason is that the recent arrival of aluminum rod is small, the processing fee of aluminum rod is strong, and the price of cooked aluminum is also strong. Unlike raw aluminum, although the holder is also active in shipping, but due to good demand, did not make a profit in the shipment at the same time, the overall offer remains strong.

May 18th SMM aluminum alloy ADC12 price market

The quotations of mainstream recycled aluminum enterprises remain stable. The reason is, first, the order is not good, it is difficult to have a transaction; second, the market feedback last week that raw aluminum prices generally fell by 50m 150 yuan / ton, and the cost of recycled aluminum enterprises fell; the third is the impact of import sources. specifically reflected in the import of aluminum alloy ingots, there are concerns about the release of imported waste aluminum after July. Domestic prices, the mainstream large recycled aluminum enterprises offer stable, concentrated in 13200-13300 yuan / ton. The quotation of enterprises using imported waste aluminum is still below 13000 yuan / ton, but the price has not been adjusted either. In terms of small and medium-sized factories, a recycled aluminum factory in Jiangxi quoted 13100 yuan / ton, and the domestic transaction price of small and medium-sized plants is expected to rise to 13000 million 13100 yuan / ton. the price has been upside down with the A00 aluminum price, similar to the same period last year, automobile consumption is weak and building materials consumption is exuberant. In terms of import and export, due to the current lack of overseas demand, a small amount of ADC12CIF was exported to Japan at a price of around US $1450 / ton. ADC12 import offer is still active, the current import Ningbo ADC12CIF (agreed non-tariff country) quotation remains 1500-1580 US dollars / ton, a small amount of 1480 US dollars / ton.

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

Note: the import ADC12 price is the CIF price of Ningbo Port (no tariff agreement country).

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