Aluminum Price Rebound Drives ADC12 Increase, Boosting Activity in the Secondary Aluminum Market [ADC12 Price Daily Review]

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【Aluminum Price Rebound Drives ADC12 Increase, Secondary Aluminum Market Activity Rises】Today, aluminum prices resumed an upward trend, with spot SMM A00 aluminum prices surging by 180 yuan/mt compared to the previous trading day, closing at 20,590 yuan/mt. Secondary aluminum prices also followed with a positive adjustment. Domestically, SMM ADC12 prices rose by 100 yuan/mt from the previous day to 21,200-21,400 yuan/mt. In the import market, overseas ADC12 prices remained stable, staying within the range of $2,420-2,450/mt, with import ADC12 real-time profit still in a slight profit state. This week, the secondary aluminum market continued its recovery phase, with market transactions gradually becoming active and manufacturers resuming raw material procurement activities. Raw material prices actively followed the aluminum price increase, further driving ADC12 prices upward. Overall, ADC12 prices are expected to fluctuate upward in the short term.

Note: Import profit refers to real-time profit

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