[SMM waste aluminum column] the ninth batch of solid waste approval documents announced that the cost will rise and the price of ADC12 may rise passively.

Introduction to this article: the approval of Q3 waste aluminum released today is consistent with the feedback of enterprises last week, and is basically the same as the quantity of Q2. The quotation of large-scale recycled aluminum enterprises is stable, and the offer of imported ADC12 is still active.

Today, aluminum prices fell slightly 20 yuan / ton to 14420 yuan / ton, recycled aluminum plant prices 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. Arrival spot ADC12 transaction price slightly stalemate, high prices to maintain 12400 to 12500 yuan / ton, currently 12500 yuan / ton most traders can be sent, mainstream cash transactions concentrated in 12400 yuan / ton, part of the forward supply prices continue to maintain 12150 yuan / ton, the new standard has not landed so that the current import price of aluminum alloy ingots but stabilized. The approval document of Q3 waste aluminum released today is consistent with the feedback of enterprises last week, and is basically the same as the quantity of Q2.

SMM aluminum alloy ADC12 price market on July 7th

The price of aluminum fell slightly by 20 yuan per ton today. In terms of waste aluminum, waste aluminum recyclers generally feedback that the transaction is not good, and the quotation is stable, mainly due to the high aluminum price, the enthusiasm for receiving goods downstream has been greatly weakened, and some concessions have been made in the discount rate. Raw aluminum, due to the poor demand for downstream die-casting aluminum alloy ingots, prices continue to maintain stability. The new standard of imported waste aluminum has not yet heard the sound of landing, and we still need to continue to wait. At present, the price of overseas zorba (95 metal volume, 2% copper crushed raw aluminum) Malaysia CIF is 970 US dollars / ton, with a slight decline, while after preliminary treatment, the price is also around 1100 US dollars / ton, which is about 1500 yuan / ton lower than the domestic raw aluminum tax price. It is worth noting that the ninth batch of restricted solid waste approval documents were released today, which is consistent with the enterprise feedback last week. The number of Q3 waste aluminum approval documents is the same as that of Q2. The approvals were 280000 tons of Q1, 200000 tons of Q2, and 210000 tons of the first batch of Q3 approvals, of which 64000 tons were approved for processing trade.

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

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