[SMM waste aluminum column] the landing time of the new bid is still unknown. Q3 of the traditional import waste aluminum approval document is not reduced.

Published: Jul 3, 2020 13:19

Introduction to this article: the quotation of mainstream large recycled aluminum enterprises is stable, and the offer of imported ADC12 is still active. Pay attention to the new landing of waste aluminum, the current traditional approval of waste aluminum has not decreased, and the approval of Q3 is the same as that of Q2.

Today, aluminum prices are unchanged at 14420 yuan / ton, and quotations for recycled aluminum plants are stable. In terms of domestic prices, the quotations of mainstream large-scale recycled aluminum enterprises remained stable, concentrated at 13200 to 13400 yuan / ton, while some enterprises using imported waste aluminum increased by 100 yuan / ton, and most orders were under great pressure. In terms of small and medium-sized plants, the quotations of a recycled aluminum plant in Jiangxi remain unchanged, while those of small and medium-sized factories and traders remain at 12800-13000 yuan per ton, with a sales price of 12700 yuan per ton less. On the import and export side, due to the current near absence of overseas demand, Japan's ADC12 demand has recovered slightly, but it is still very limited, with actual turnover around US $1300 / ton. Import ADC12 offer is still active, the current import Ningbo ADC12CIF (agreement-free countries) quotation continues to maintain 1460-1530 US dollars / ton, the mainstream quotation remains below 1500 US dollars / ton. At present, the quotations of some overseas leading recycled aluminum plants with better quality have increased slightly due to the increase in output saturation. The spot ADC12 transaction price in Hong Kong shows a slight stalemate, with the high price maintaining 12400-12500 yuan / ton. At present, 12500 yuan / ton can be delivered to most traders. Mainstream cash transactions are concentrated around 12400 yuan / ton, and some forward source prices continue to maintain around 12150 yuan / ton. Pay attention to the new landing of waste aluminum, the current traditional approval of waste aluminum has not decreased, and the approval of Q3 is the same as that of Q2.

SMM aluminum alloy ADC12 price market on July 3rd

Aluminum prices are flat today. In terms of waste aluminum, waste aluminum recyclers generally quote to maintain stability, mainly because the aluminum price is on the high side, and the enthusiasm of receiving goods downstream is greatly weakened, even if the waste aluminum varieties quoted at the discount rate are quoted at a discount rate, the discount rate is also significantly reduced. Raw aluminum, due to the poor demand for downstream die-casting aluminum alloy ingots, prices continue to maintain stability. In addition, on the one hand, the new standard of waste aluminum yesterday afternoon did not reveal too many details, everything is still unknown, and even whether the new mark can be landed is still unknown. And according to the feedback of some traders and aluminum alloy ingot factories, the customs has not yet been able to implement the import in accordance with this standard. On the other hand, the traditional import of waste aluminum, according to some long-term use of imported waste aluminum enterprises feedback, Q3 import waste aluminum approval is the same as Q2, has not decreased. According to the data for the same period last year, Q3 remained stable, and Q4 batches dropped 85% month-on-month.

Note: import self-withdrawing is the ADC12 cash self-withdrawing price of Ningbo Port.

Scan the QR code and join the SMM metal communication group.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
Metro Mining Resumes Bauxite Hills Operations Post-Cyclone, Targets 6.6-7.1M WMT in 2026
1 hour ago
Metro Mining Resumes Bauxite Hills Operations Post-Cyclone, Targets 6.6-7.1M WMT in 2026
Read More
Metro Mining Resumes Bauxite Hills Operations Post-Cyclone, Targets 6.6-7.1M WMT in 2026
Metro Mining Resumes Bauxite Hills Operations Post-Cyclone, Targets 6.6-7.1M WMT in 2026
[SMM Aluminum Express News] Metro Mining (ASX:MMI) resumed operations at Bauxite Hills in mid-March after Tropical Cyclone Narelle caused minimal disruption, with only seven days of lost production and no infrastructure damage. The Port of Skardon reopened on 25 March, with barging gradually returning to full capacity by mid-April. Despite the disruption, 100,000 WMT was shipped in March. Transhipping continues via TSA Skardon Floating Crane and ultramax vessels, while the Ikamba Offshore Floating Terminal is en route back from maintenance in Batam and expected to arrive end-April. Full-year 2026 shipments are forecast at 6.6–7.1 million WMT.
1 hour ago
SHFE Cast Aluminum Alloy Warrants Drop to 31,183 mt on April 7
1 hour ago
SHFE Cast Aluminum Alloy Warrants Drop to 31,183 mt on April 7
Read More
SHFE Cast Aluminum Alloy Warrants Drop to 31,183 mt on April 7
SHFE Cast Aluminum Alloy Warrants Drop to 31,183 mt on April 7
[SMM Express] SHFE data showed that on April 7, the total registered cast aluminum alloy warrants stood at 31,183 mt, a decrease of 453 mt from the previous trading day. Specifically, the total registered volume in Shanghai was 1,912 mt (down 30 mt), Guangdong 12,358 mt (down 121 mt), Jiangsu 3,602 mt (down 30 mt), Zhejiang 8,471 mt (down 272 mt), Chongqing 3,634 mt (unchanged), and Sichuan 1,206 mt (unchanged).
1 hour ago
Data: SHFE, DCE market movement (Apr 07)
3 hours ago
Data: SHFE, DCE market movement (Apr 07)
Read More
Data: SHFE, DCE market movement (Apr 07)
Data: SHFE, DCE market movement (Apr 07)
The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 07 Apr , 2026
3 hours ago
[SMM waste aluminum column] the landing time of the new bid is still unknown. Q3 of the traditional import waste aluminum approval document is not reduced. - Shanghai Metals Market (SMM)