Aluminum Prices Decline Further, Secondary Aluminum Prices Mainly Drop Across the Board [ADC12 Price Daily Review]

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【Aluminum Prices Decline Further, Secondary Aluminum Prices Mainly Drop】Today, aluminum prices saw a broader decline, with SMM A00 aluminum prices down by 200 yuan/mt from the previous trading day to 20,590 yuan/mt, and secondary aluminum prices mainly trending downward. Domestic SMM ADC12 prices dropped by 100 yuan/mt from yesterday to the range of 21,100-21,300 yuan/mt. In the import market, due to the decline in domestic prices, real-time import losses slightly expanded. Aluminum prices continued to fall today, with most secondary aluminum market quotations down by 100 yuan/mt. Currently, downstream demand remains relatively weak, and orders continue to be sluggish. In the short term, under the pressure of cost relaxation and the impact of low-priced market supplies, ADC12 prices still face downward pressure.

Note: Import profits refer to real-time profit

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