Aluminum Prices Strongly Rebound, Partial Increase in Secondary Aluminum Prices [ADC12 Price Daily Review]

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【Aluminum Prices Strongly Rebounded, Partial Increase in Secondary Aluminum Prices】SHFE aluminum surged strongly today, with SMM A00 aluminum prices rising significantly by 250 yuan to 20,800 yuan/mt compared to the previous trading day, and secondary aluminum prices partially increased. Domestically, SMM ADC12 prices increased by 100 yuan/mt to the range of 21,200-21,400 yuan/mt; in the import market, overseas ADC12 prices remained at a high level near $2,500/mt, with real-time import losses staying at 200-300 yuan/mt, keeping the import window closed. Aluminum prices rebounded sharply today, with the raw material side actively following the increase. Driven by costs, secondary aluminum alloy prices generally rose by 100 yuan/mt, though some companies, due to weak demand, found it difficult to follow the price increase and continued to stabilize prices while observing the market. Currently, market orders have only slightly rebounded, and weak demand continues to constrain the upside room for ADC12 prices. In the short term, ADC12 prices may continue to fluctuate rangebound, with subsequent focus needed on changes in raw material market liquidity and the recovery progress of end-use consumption.

Note: Import profits refer to real-time profits

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