Aluminum prices have basically recovered from yesterday's decline, while secondary aluminum prices remain sluggish [Daily Review of ADC12 Prices]

Published: Jun 4, 2025 15:31

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[Daily Commentary on ADC12 Prices: Aluminum Prices Basically Recovered Yesterday's Decline, While Secondary Aluminum Prices Remained Sluggish] Today, the SMM A00 aluminum price rebounded by 160 yuan/mt from the previous trading day to 20,280 yuan/mt. The secondary aluminum market struggled to follow the increase, with domestic SMM ADC12 prices holding steady in the range of 20,000-20,200 yuan/mt.

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[Aluminum prices have largely recovered from yesterday's losses, while secondary aluminum prices remain sluggish] Today, the SMM A00 aluminum price rose by 160 yuan/mt from the previous trading day to 20,280 yuan/mt. The secondary aluminum market struggled to follow the increase, with domestic SMM ADC12 prices holding steady within the range of 20,000-20,200 yuan/mt. In the import market, the CIF quotes for imported ADC12 remained relatively firm, continuing to range between $2,380-2,400/mt. The real-time losses from imports hovered around 400 yuan/mt. The domestic ADC12 price (excluding tax) in Thailand stood at 81.5 Thai baht/kg. Entering the traditional consumption off-season in June, the overall atmosphere in the secondary aluminum market remains weak. Downstream procurement demand is sluggish, with insufficient new orders for enterprises and low trading activity. Additionally, coupled with inventory pressure, secondary aluminum prices exhibit a notable characteristic of "following declines but not increases." Overall, against the backdrop of no substantive recovery in end-use demand, it is expected that secondary aluminum alloy prices will continue to remain in the doldrums in the short term.

Note: Import profits refer to real-time profits

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