Import Prices of ADC12 Rise, Immediate Losses from Imports Intensify [Daily Review of ADC12 Prices]

Published: Jun 23, 2025 16:33
[ADC12 Price Daily Review: Imported ADC12 Prices Rise, Immediate Losses on Imports Intensify] On the spot market, today's SMM A00 aluminum price fell by 70 yuan/mt from the previous trading day to 20,650 yuan/mt, while the domestic SMM ADC12 price decreased by 50 yuan/mt to 19,900-20,100 yuan/mt.

》Click to view SMM spot aluminum quotes

SMM News on June 23:

On the futures market, today the most-traded cast aluminum alloy futures contract 2511 opened at 19,665 yuan/mt, with a high of 19,800 yuan/mt, a low of 19,640 yuan/mt, and closed at 19,680 yuan/mt, up 40 yuan/mt or 0.20% from the previous close. Trading volume was 4,196 lots, and open interest was 8,243 lots, with bears reducing their positions during the day.

In the spot market, today's SMM A00 aluminum prices fell 70 yuan/mt from the previous trading day to 20,650 yuan/mt, while domestic SMM ADC12 prices dropped 50 yuan/mt to 19,900-20,100 yuan/mt. Aluminum prices continued to decline slightly, with market quotes showing slight divergence. Some enterprises slightly lowered their quotes due to weak demand, while others maintained firm prices supported by cost pressure. Overall, the rigid support from costs and weak demand during the off-season continued to compete, with ADC12 prices fluctuating rangebound. As the off-season deepens, it is expected that ADC12 prices will run in the doldrums in the short term. It is recommended to closely monitor the circulation of raw materials and marginal changes in demand during the off-season.

In the import market, the CIF quotes for imported ADC12 rose to $2,430-2,470/mt, while the import spot prices remained around 19,200 yuan/mt, and the immediate import losses expanded to the range of 700-800 yuan/mt. The local tax-excluded quotes for ADC12 in Thailand rose to 82-83 Thai baht/kg.

Note: Import profits refer to real-time profits.

》Subscribe to view historical SMM metal spot prices

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
Fed Governor Milan Pushes for Over 100 Basis Points Cut, Contradicts Barkin on Caution
13 mins ago
Fed Governor Milan Pushes for Over 100 Basis Points Cut, Contradicts Barkin on Caution
Read More
Fed Governor Milan Pushes for Over 100 Basis Points Cut, Contradicts Barkin on Caution
Fed Governor Milan Pushes for Over 100 Basis Points Cut, Contradicts Barkin on Caution
Federal Reserve Governor Milan pointed out that it is necessary for the US Fed to cut interest rates by more than 100 basis points this year. At the same time, he is very much looking forward to the performance of Kevin Warsh as Fed Chairman. However, Richmond Fed President Barkin emphasized that monetary policy must remain cautious until inflation fully pulls back to the target level, thereby ensuring the stability of the labour market.
13 mins ago
Democratic Senators Demand Delay in Fed Nomination Amid Criminal Investigation
14 mins ago
Democratic Senators Demand Delay in Fed Nomination Amid Criminal Investigation
Read More
Democratic Senators Demand Delay in Fed Nomination Amid Criminal Investigation
Democratic Senators Demand Delay in Fed Nomination Amid Criminal Investigation
All 11 Democratic members of the US Senate Banking Committee jointly sent a letter to the committee's chairman, Tim Scott, requesting that all nomination processes for the prospective Fed Chairman, Kevin Warsh, be postponed until the criminal investigation into current Fed Chairman Powell and other board members is concluded. However, Scott stated that Warsh's confirmation was a done deal.
14 mins ago
Fed to Keep Large Banks' Capital Levels Unchanged, Postpones Stress Test Reforms Until 2027
15 mins ago
Fed to Keep Large Banks' Capital Levels Unchanged, Postpones Stress Test Reforms Until 2027
Read More
Fed to Keep Large Banks' Capital Levels Unchanged, Postpones Stress Test Reforms Until 2027
Fed to Keep Large Banks' Capital Levels Unchanged, Postpones Stress Test Reforms Until 2027
The US Fed has announced that it will maintain the capital levels of large banks unchanged during the upcoming stress test cycle (corresponding to the 2026 cycle). At the same time, the US Fed is planning multidimensional reforms to this annual test, aiming to enhance its transparency. The US Fed's Vice Chair for Supervision, Bowman, revealed that adjustments to the stress capital buffer requirements for large banks will be postponed until 2027. This move is intended to provide the US Fed with sufficient time to evaluate potential flaws that may be exposed in its testing models when assessing banks' financial conditions under simulated economic downturn scenarios.
15 mins ago