Aluminum Prices Maintain Slight Decline as Demand Recovery Falls Short of Expectations [ADC12 Price Daily Review]

Published: Feb 18, 2025 14:05

Save

[ADC12 Price Daily Review] Today, aluminum prices fluctuated slightly. SMM A00 aluminum ingot prices decreased by 30 yuan/mt compared to the previous trading day to 20,510 yuan/mt, while secondary aluminum prices remained stable.

》Click to View SMM Spot Aluminum Quotes

【Aluminum Prices Maintain Slight Decline, Demand Recovery Below Expectations】Today, aluminum prices fluctuated slightly, with SMM A00 aluminum prices dropping by 30 yuan/mt from the previous trading day to 20,510 yuan/mt, while secondary aluminum prices remained stable. Domestically, SMM ADC12 prices were flat at 21,200-21,400 yuan/mt. In the import market, overseas ADC12 prices ranged from $2,420/mt to $2,460/mt, with real-time profit for imported ADC12 per mt staying within the range of 100-300 yuan. Today, aluminum prices continued to drop slightly, and secondary aluminum market quotations remained stable. Recently, with traders resuming operations and an increase in overseas imports, the circulation of aluminum scrap in the market has increased, slightly easing cost pressure for secondary aluminum plants. Current downstream demand recovery is slightly slower than expected, and with the continuous increase in market supply, prices may face resistance in the future. In the short term, secondary aluminum alloy prices are expected to mainly adjust within a narrow range along with aluminum prices.

Note: Import profit refers to real-time profit

》Subscribe to View SMM Historical Spot Metal Prices

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

18 hours ago

Fed Governor Milan Pushes for Over 100 Basis Points Cut, Contradicts Barkin on Caution

Federal Reserve Governor Milan pointed out that it is necessary for the US Fed to cut interest rates by more than 100 basis points this year. At the same time, he is very much looking forward to the performance of Kevin Warsh as Fed Chairman. However, Richmond Fed President Barkin emphasized that monetary policy must remain cautious until inflation fully pulls back to the target level, thereby ensuring the stability of the labour market.

18 hours ago

Democratic Senators Demand Delay in Fed Nomination Amid Criminal Investigation

All 11 Democratic members of the US Senate Banking Committee jointly sent a letter to the committee's chairman, Tim Scott, requesting that all nomination processes for the prospective Fed Chairman, Kevin Warsh, be postponed until the criminal investigation into current Fed Chairman Powell and other board members is concluded. However, Scott stated that Warsh's confirmation was a done deal.

18 hours ago

Fed to Keep Large Banks' Capital Levels Unchanged, Postpones Stress Test Reforms Until 2027

The US Fed has announced that it will maintain the capital levels of large banks unchanged during the upcoming stress test cycle (corresponding to the 2026 cycle). At the same time, the US Fed is planning multidimensional reforms to this annual test, aiming to enhance its transparency. The US Fed's Vice Chair for Supervision, Bowman, revealed that adjustments to the stress capital buffer requirements for large banks will be postponed until 2027. This move is intended to provide the US Fed with sufficient time to evaluate potential flaws that may be exposed in its testing models when assessing banks' financial conditions under simulated economic downturn scenarios.

18 hours ago