The center of aluminum prices slightly shifted downward, while secondary aluminum remained temporarily stable. [ADC12 Price Daily Review]

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【Aluminum Price Center Slightly Lowered, Secondary Aluminum Temporarily Stabilized】Today, aluminum prices continued the decline from last Friday, with the SMM A00 aluminum price dropping by 60 yuan/mt to 20,560 yuan/mt compared to the previous trading day. The domestic SMM ADC12 price remained flat in the range of 20,900-21,100 yuan/mt. In the import market, overseas ADC12 quotations remained firm above $2,500/mt, and the import window continued to be closed. Today, aluminum prices fell again, with the secondary aluminum market mostly holding steady and observing, while some prices dropped by 100 yuan/mt, making up for last Friday's decline. Currently, end-use consumption lacks momentum, and with the transmission of downward pressure on aluminum prices, downstream companies generally maintained just-in-time procurement. Considering the balance between cost support and weak demand, it is expected that aluminum alloy prices will continue to fluctuate rangebound in the short term.

Note: Import profit is real-time profit

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