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

Click to view SMM spot aluminum quotes. Aluminum prices experienced a slight pullback today, with the SMM A00 aluminum price dropping by 30 yuan/mt to 19,880 yuan/mt compared to the previous trading day. The domestic SMM ADC12 price remained stable in the range of 20,500-20,700 yuan/mt. In the import market, overseas ADC12 quotations were maintained at $2,430-2,450/mt, with the real-time loss for imported ADC12 hovering around 600 yuan/mt. Currently, the demand side for secondary aluminum lacks effective stimulation, and downstream purchasing enthusiasm remains sluggish, leading to a slowdown in shipments from secondary aluminum smelters and an accumulation of finished product inventories, increasing the destocking pressure on enterprises. In the short term, the upward momentum for prices is insufficient, and secondary aluminum alloy prices are expected to continue in the doldrums. Note: Import profit refers to real-time profit. Order to view SMM metal spot historical prices.