Home / Metal News / Aluminium / [SMM waste Aluminum column] Aluminum prices have fallen for two days, but the price of scrap aluminum has risen by more than 200%. The price of waste aluminum has dropped slightly.
[SMM waste Aluminum column] Aluminum prices have fallen for two days, but the price of scrap aluminum has risen by more than 200%. The price of waste aluminum has dropped slightly.
Jul 15,2020 14:34CST
translation
Source:SMM
The content below was translated by Tencent automatically for reference.

SMM7 March 15: aluminum prices fell 80 yuan / ton to 14820 yuan / ton today, recycled aluminum plants continue to raise prices. In terms of domestic prices, domestic factories are willing to raise prices, focusing on 13400-13500 yuan / ton, using imported waste enterprises to continue to maintain 13000-13200 yuan / ton. In terms of small and medium-sized plants, the price of a recycled aluminum plant in Jiangxi is stable, and the quotation of small and medium-sized plants and traders is maintained at 12900 to 13200 yuan / ton, and the supply of goods at low prices is reduced. In terms of import and export, Japan's demand for ADC12 has recovered slightly, and the overseas procurement volume has increased, making the actual overseas quotations continue to rise, and the price of China's exports to Japan has risen to 1500,000,1540 yuan / ton. Import ADC12 quotation rose synchronously, the current import Ningbo ADC12CIF (agreement free countries) quotation rose to 1450,1570 U.S. dollars / ton, the mainstream quotation maintained more than 1500 U.S. dollars / ton, European ADC12 quotation rose to 1450 million 1460 U.S. dollars / ton, but the current domestic and Japan for the import of aluminum alloy ingots rose sharply showed a wait-and-see attitude, the actual transaction is not much. Due to the slight reduction in the quantity 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 goods at low prices is reduced, and the transaction price has not been heard at the spot port of high-quality goods. The current quotation is maintained at 12700 yuan / ton, and the forward price is quoted at 12600 yuan / ton in September. Due to the rise in overseas prices, import profits fell back to around 400 yuan / ton.

SMM aluminum alloy ADC12 price market on July 15th

Aluminum prices fell 400 yuan / ton to 14900 yuan / ton today, with a cumulative increase of more than 200 yuan / ton in two days. In terms of scrap aluminum prices, Guangdong cooked aluminum prices rose an extra 200 yuan / ton yesterday afternoon. After the aluminum price fell today, the price fell by 100 yuan / ton, with a cumulative increase of 100 yuan / ton in two days. The price of cooked aluminum in other regions rose 100 yuan / ton more than yesterday, giving up yesterday's increase today. In terms of raw aluminum, prices remain basically stable. 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.

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