Aluminum Prices Adjusted Narrowly, Secondary Aluminum Prices Remained Stable [ADC12 Price Daily Review]

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【Aluminum Prices Fluctuate Rangebound, Secondary Aluminum Prices Remain Stable】Today, the SMM A00 aluminum price remained unchanged at 20,560 yuan/mt compared to the previous trading day, while the domestic SMM ADC12 price stayed flat in the range of 20,900-21,100 yuan/mt. In the import market, overseas ADC12 quotations continued to hold firm above $2,500/mt, with the import window remaining closed. Aluminum prices showed stability today, and the secondary aluminum market prices continued to be reported flat. Currently, end-use consumption lacks momentum, and the downward pressure on aluminum prices is being transmitted, leading downstream enterprises to generally maintain just-in-time procurement. Due to insufficient orders, losses on production, or financial pressure, some companies have started to reduce their operating rates. Considering the balance between cost support and weak demand, it is expected that aluminum alloy prices will maintain a narrow rangebound fluctuation pattern in the short term.

Note: Import profit refers to real-time profit

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