ADC12 Market Prices Stable Amid Weak Demand and Limited Cost Support

[SMM Flash] According to data from the Motorcycle Chamber of Commerce, in June, China's motorcycle industry achieved both YoY and MoM growth in production and sales, while exports continued their strong growth momentum. Since May, domestic sales have continued to improve, and exports remain the core engine boosting industry growth. In June, production and sales of fuel-powered motorcycles were 1.8436 million and 1.8445 million units, up 13.84% and 13.73% YoY; production and sales of electric motorcycles were 420,300 and 405,900 units, up 54.33% and 55.63% YoY. From January to June, production and sales of fuel-powered motorcycles were 10.1402 million and 10.1724 million units, up 12.41% and 12.44% YoY; production and sales of electric motorcycles were 1.9448 million and 1.8961 million units, up 14.12% and 13.04% YoY. In the first half, total production and sales of motorcycles reached 12.085 million and 12.0685 million units, up 12.68% and 12.53% YoY. Motorcycle exports in June stood at 1.3726 million units, up 1.6% MoM and 15.75% YoY.

[SMM Flash] SHFE data shows that on July 15, the total registered volume of cast aluminum alloy warrants was 21,196 mt, a decrease of 514 mt from the previous trading day. Specifically, the figures were Shanghai (2,343 mt, down 30 mt), Guangdong (2,422 mt, down 212 mt), Jiangsu (4,559 mt, down 30 mt), Zhejiang (6,940 mt, down 181 mt), Chongqing (4,147 mt, down 61 mt), and Sichuan (785 mt, unchanged).