Aluminum prices rebound slightly, secondary aluminum market operates steadily [Daily Review of ADC12 Prices]

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[Aluminum prices rebound slightly, secondary aluminum market operates steadily] Today, the SMM A00 aluminum price rose slightly by 10 yuan/mt from the previous trading day to 20,370 yuan/mt, while the domestic SMM ADC12 price remained in the range of 20,300-20,500 yuan/mt. In the import market, the CIF quotes for imported ADC12 were mostly in the range of $2,380-2,400/mt, and the real-time loss for imported ADC12 narrowed to around 200 yuan/mt. The local tax-excluded quote for ADC12 in Thailand was approximately 82.5 Thai baht/kg. In the short term, the price of secondary aluminum alloy is expected to maintain a fluctuating rangebound pattern, with weak demand continuing to constrain the upside room for prices. However, cost support still exists. Subsequent focus should be on tracking the raw material supply situation, changes in orders, and the progress of production cuts by secondary aluminum enterprises.

Note: Import profits refer to real-time profits

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