Aluminum Prices Resume Downward Trend; Secondary Aluminum Market Shows Low Willingness to Adjust Prices [ADC12 Price Daily Review]

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【Aluminum Prices Return to a Downward Trend, Secondary Aluminum Market Shows Low Willingness to Adjust Prices】Today, aluminum prices turned downward again, with SMM A00 aluminum prices dropping by 80 yuan/mt from yesterday to 19,790 yuan/mt, while secondary aluminum prices remained firm. Domestically, large secondary aluminum enterprises maintained their quotes at 20,500-20,800 yuan/mt, while small and medium-sized plants kept their quotes steady at 20,200-20,400 yuan/mt. On the import side, overseas prices for imported ADC12 ranged from $2,430 to $2,460/mt, with real-time losses per ton staying below 400 yuan. Although aluminum prices returned to a downward trend today, secondary aluminum alloy market quotes mostly remained stable due to difficulties in sourcing raw materials and cost pressure. Currently, secondary aluminum plants face high costs, coupled with low finished product inventories, making secondary aluminum alloy prices more likely to rise than fall in the short term.

Note: Import profits refer to real-time profits

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