Aluminum Prices Fluctuate at High Levels, Secondary Aluminum Prices Remain Stable [ADC12 Price Daily Review]

Published: Mar 3, 2025 14:07

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【Daily Review of ADC12 Prices: Aluminum Prices Fluctuate at High Levels, Secondary Aluminum Prices Remain Stable】Since March, downstream demand recovery has fallen short of expectations, with manufacturers generally reporting sluggish order growth, average actual transactions, and overall performance weaker than the same period last year. Demand side weakness continues to limit the upside room for ADC12 prices. In the short term, ADC12 prices are expected to fluctuate rangebound, with subsequent focus on changes in raw material market liquidity and the pace of recovery in end-use consumption.

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【Aluminum Prices Fluctuate at High Levels, Secondary Aluminum Prices Remain Stable】Today, aluminum prices continued their fluctuating trend at high levels, with SMM A00 aluminum prices rising by 30 yuan from the previous trading day to 20,630 yuan/mt, while secondary aluminum prices remained stable. Domestically, SMM ADC12 prices held steady within the range of 21,100-21,300 yuan/mt; in the import market, overseas ADC12 prices remained at $2,480-2,500/mt, with real-time import losses persisting at 200-300 yuan/mt, keeping the import window closed. Although aluminum prices have slightly increased, the secondary aluminum market continues to maintain a stable trend, with no adjustments in mainstream quotations. Since March, downstream demand recovery has fallen short of expectations, with manufacturers generally reporting weak order growth, average actual transactions, and overall performance weaker than the same period last year. The weak demand side continues to constrain the upside room for ADC12 prices. In the short term, ADC12 prices are expected to fluctuate rangebound, with subsequent focus on changes in raw material market liquidity and the pace of recovery in end-use consumption.

Note: Import profit refers to real-time profit

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