Aluminum Prices Narrowly Adjust; Secondary Aluminum Prices Mostly Stable [ADC12 Price Daily Review]

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【Aluminum Prices Narrowly Adjusted, Secondary Aluminum Prices Mostly Stable】Today, aluminum prices slightly declined, with SMM A00 aluminum prices down by 20 yuan/mt from yesterday to 19,850 yuan/mt, while secondary aluminum prices remained stable. Domestically, large secondary aluminum enterprises maintained their quotes at 20,600-20,900 yuan/mt, while medium and small factories kept their quotes at 20,300-20,500 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 for imported ADC12 remaining around 400 yuan. Aluminum prices fluctuated slightly today, and the secondary aluminum market remained stable, with manufacturers' quotes basically flat. Currently, the supply of aluminum scrap in the market remains tight, and production costs for secondary aluminum plants are high. Some enterprises have reduced their operating rates due to raw material shortages or environmental protection-related controls, and manufacturers' finished product inventories are relatively small. In the short term, secondary aluminum alloy prices are expected to be more likely to rise than fall.

Note: Import profits refer to real-time profits

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