Aluminum Prices Rebound, Secondary Aluminum Quotes Diverge [ADC12 Price Daily Review]

Published: Jan 16, 2025 15:53

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[ADC12 Price Daily Review] Today, aluminum prices resumed their upward trend, with SMM A00 aluminum prices rising by 180 yuan/mt from the previous trading day to 20,200 yuan/mt, while quotes in the secondary aluminum market remained stable with slight increases.

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【Aluminum Prices Rebound, Secondary Aluminum Prices Diverge】Aluminum prices resumed their upward trend today, with SMM A00 aluminum prices rising by 180 yuan/mt from the previous trading day to 20,200 yuan/mt. The secondary aluminum market saw stable to slightly higher quotes. Domestically, large secondary aluminum enterprises raised their quotes by 0-100 yuan/mt to 20,800-21,000 yuan/mt, while small and medium-sized plants increased their quotes by 0-100 yuan/mt to 20,500-20,700 yuan/mt. On the import side, overseas prices for imported ADC12 ranged from $2,440-2,470/mt. With domestic prices rising, real-time losses for imported ADC12 narrowed to within 400 yuan/mt. Today, aluminum prices resumed their upward trend, and secondary aluminum market quotes showed slight divergence. Some manufacturers actively raised prices by 100 yuan/mt due to high costs and low inventory, while others indicated that transactions were slowing as Chinese New Year approached, leading to low sentiment for price adjustments before the holiday. Recently, as upstream and downstream sectors gradually enter the holiday period, secondary aluminum alloy prices are expected to see narrow fluctuations before the holiday.

Note: Import profits refer to real-time profits

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