A00 Aluminum Up, Secondary Aluminum Market Cautious Ahead of CNY

Published: Jan 22, 2026 15:11

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[SMM Aluminum Alloy Daily Report] Today, the A00 aluminum price rose again by 30 yuan/mt to 23,740 yuan/mt, while the SMM ADC12 price remained stable at 23,850 yuan/mt. Currently, aluminum prices maintained a slight rebound trend, but secondary aluminum market participants showed weak willingness to adjust prices, keeping overall quotations stable. Approaching the Chinese New Year, secondary aluminum enterprises gradually initiated raw material stocking plans. However, due to persistently high aluminum prices, market sentiment remained cautious, and enterprises only slightly increased raw material inventories. Demand side, affected by price resistance and sluggish pre-holiday stocking demand, downstream procurement was mainly driven by rigid demand, resulting in sluggish market trading activity.

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