[SMM waste Aluminum column] the sharp rise in aluminum prices drives the price of cooked aluminum passively to follow the rise in the waste aluminum market.

Introduction to this article: recycled aluminum plants due to poor downstream demand prices are stable, Japan's ADC12 demand has a slight recovery. The price gap at home and abroad narrowed slightly, and traders' profits fell again.

Today, aluminum prices rose 230yuan / ton to 14700 yuan / ton, recycled aluminum plants due to poor downstream demand are stable. In terms of domestic prices, the quotations of mainstream large recycled aluminum enterprises are stable, focusing on 13200 yuan / ton, while the use of imported waste aluminum enterprises still report poor domestic demand, and the price is maintained at 13000 yuan 13100 yuan / ton. 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 12700 to 13000 yuan per ton, and recent transactions of low-priced goods have increased. In terms of import and export, Japan's demand for ADC12 recovered slightly, and overseas procurement volume increased, making the actual overseas transaction price rise to 1400-1500 US dollars / ton, and China's export price rose to 1480-1500 yuan / ton. Import ADC12 prices rose slightly, the current import Ningbo ADC12CIF (agreement-free countries) quotation rose to 1480,1530 US dollars / ton, the mainstream quotation rose to around 1500 US dollars / ton. At present, due to the emergence of Japanese buying in Europe, the price of European ADC12 has risen to 1400 US dollars / ton. Due to the slight reduction in the number of spot ADC12 arriving in Hong Kong, coupled with the rise in overseas quotations, domestic traders and sellers' quotations are slightly stronger, the quantity of low-price goods is reduced, the spot port transaction price of high-quality goods is concentrated at 12450-12500 yuan / ton, and the forward price has also risen. Some traders suspend forward quotations, and overseas orders arrive mostly from the end of August to September. Although the RMB continues to strengthen, overseas prices have risen even more, the gap between domestic and foreign prices has narrowed slightly, and traders' profits have fallen back to around 300 yuan / ton again.

SMM aluminum alloy ADC12 price market on July 10th

Today, aluminum prices rose 230yuan / ton to 14700 yuan / ton, once again touching a new high after the year. Affected by the sharp rise in aluminum prices, the price of cooked aluminum has risen 100 yuan / ton nationwide today, while the poor demand for raw aluminum continues to maintain the same price, which makes the scrap aluminum market, which is already poorly traded, more light. Import scrap aluminum, the current overseas zorba (95 metal volume, 2% copper broken raw aluminum) Malaysia CIF price of 970 US dollars / ton, 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. If imports are liberalized, domestic shocks are inevitable, and all parties remain on the sidelines for imported waste aluminum.

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.