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[SMM waste aluminum column] the impact of imported aluminum alloy ingots increases the price of cooked aluminum and weakens the price of relatively strong raw aluminum.
May 27,2020 14:00CST
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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, it fell steadily by 10 yuan / ton to 13350 yuan / ton. Waste aluminum recyclers still feedback that the recent downstream demand is not good, the willingness to increase prices is low, and in raw aluminum acquisitions, price reduction acquisitions. Due to the stability of aluminum prices today, the price of waste aluminum is almost unchanged today. in terms of cooked aluminum, the current transaction of new white materials in Shanghai and Guangdong excluding tax is 11500011600 yuan / ton, and that of spray profiles is 10500001600 yuan / ton. a small amount of bright aluminum wire excluding tax quotation 11600000011800 yuan / ton, almost all of them are purchased by aluminum bar factory. Raw aluminum, due to the current domestic recycled aluminum ADC12 price difference is not big, and by the impact of imports price pressure, the current raw aluminum prices across the country are relatively close, machine parts aluminum trading price around 9500-9600 yuan / ton. As for the buyer, recycled aluminum enterprises due to the lack of ADC12 price rise, considering the impact of imported aluminum alloy ingots, are willing to reduce the purchase price, only a small amount of inventory to reduce the recent purchase of raw aluminum.

The output of domestic waste aluminum is divided by region (unit: ten thousand tons)

SMM aluminum alloy ADC12 price market on May 27th

The price of the recycling plant is stable as a whole. Domestic prices, the mainstream large recycled aluminum enterprises offer stable, concentrated in 13200-13300 yuan / ton. The cash price quoted by imported waste aluminum enterprises is maintained around 13000 yuan / ton. due to the market feedback that the inventory of imported waste is gradually reduced, the market ultra-low price has disappeared. In terms of small and medium-sized plants, the quotation of a recycled aluminum plant in Jiangxi is stable, and the quotation of small and medium-sized plants and traders is maintained at 12900-13000 yuan / ton. 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. The offer for import of ADC12 is still active. The current quotation for import of Ningbo ADC12CIF (non-tariff country) remains at 1500-1580 US dollars / ton, while the mainstream quotation is concentrated at 1510-1520 US dollars / ton, and the spot ADC12 transaction price in Hong Kong is maintained at 12200-12500 yuan / ton.

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

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