ADC12 Market Consolidates with Price Increases Amid High Costs and Steady Demand
[SMM Aluminum Alloy ADC12 Daily Review] ADC12 market offers consolidated on a strong note today. The SMM average price edged up 50 yuan/mt, with some enterprises following suit and raising prices by 100 yuan/mt, supported by high raw material costs and strong aluminum prices. However, end-use demand remained in the high-temperature off-season, and downstream purchases were mainly just-in-time procurement, limiting improvement in transactions, while some enterprises stood still for now. In the short term, ADC12 will continue to consolidate amid cost support and demand constraints, with the extent of any rise still dependent on a substantial recovery in end-use consumption.