Aluminum prices continue to decline, with secondary aluminum prices generally falling [Daily Review of ADC12 Prices]

Published: Jul 14, 2025 15:52

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[Daily Review of ADC12 Prices: Aluminum Prices Extend Decline, Secondary Aluminum Prices Generally Fall] On the spot market side, today's SMM A00 aluminum price fell sharply by 320 yuan/mt WoW to 20,470 yuan/mt, and the SMM ADC12 price dropped by 100 yuan/mt to 20,000 yuan/mt.

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SMM reported on July 11:

On the futures market, today the most-traded cast aluminum alloy futures contract 2511 opened at 19,880 yuan/mt, reaching a high of 19,950 yuan/mt and a low of 19,700 yuan/mt, before closing at 19,805 yuan/mt. It closed 125 yuan/mt lower than last Friday, down 0.63%, with a trading volume of 4,628 and an open interest of 8,293. Bulls mainly reduced their positions during the day.

In the spot market, today's SMM A00 aluminum price fell sharply by 320 yuan/mt from last Friday to 20,470 yuan/mt, while the SMM ADC12 price dropped by 100 yuan/mt to 20,000 yuan/mt. Despite the significant decline in aluminum prices today, the drop in raw material prices was relatively limited due to tight supply, providing some support for ADC12 prices. Most quotes were adjusted downward by 100 yuan/mt in line with the trend, while a few manufacturers chose to maintain firm quotes due to cost pressure. However, the sluggish demand side continued, with orders for secondary aluminum enterprises significantly declining compared to June. Constrained by both raw material shortages and weakening demand, several secondary aluminum manufacturers have been forced to cut production, with some even halting production. Overall, strong cost support and weak demand continue to compete, and it is expected that ADC12 prices will maintain a fluctuating rangebound pattern in July.

Note: Import profit refers to real-time profit.

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