Slack Demand Prevented Secondary Aluminium Alloy Prices From Gaining As Much As Aluminium Scrap Prices

Publicado: Apr 24, 2023 10:19
Fonte: SMM
SHANGHAI, Apr 24 (SMM) - A00 aluminium prices hit a four-month high of 19,110 yuan/mt last Thursday, and retreated only slightly to 19,030 yuan/mt on Friday, up 320 yuan/mt or 1.71% from a week ago.

SHANGHAI, Apr 24 (SMM) - A00 aluminium prices hit a four-month high of 19,110 yuan/mt last Thursday, and retreated only slightly to 19,030 yuan/mt on Friday, up 320 yuan/mt or 1.71% from a week ago. The prices of aluminium extrusion scrap and aluminium extrusion scrap rose 200-300 yuan/mt and 100-200 yuan/mt respectively across most regions last week. Rising aluminium scrap prices encouraged suppliers to sell, but the overall supply remained tight. In response to poor profitability and high aluminium scrap prices, downstream enterprises restocked only as needed. Aluminium scrap prices are expected to fluctuate at highs alongside aluminium prices, with little upward momentum due to weak demand.

The prices of ADC12 secondary aluminium alloy rose 150 yuan/mt from a week ago to 19,400 yuan/mt as of April 21.

Declaração sobre a Fonte de Dados: Com exceção das informações publicamente disponíveis, todos os demais dados são processados pela SMM com base em informações publicamente disponíveis, comunicação de mercado e com base no modelo de base de dados interna da SMM. São apenas para referência e não constituem recomendações para a tomada de decisão.

Para quaisquer perguntas ou para obter mais informações, entre em contato: lemonzhao@smm.cn
Para mais informações sobre como aceder aos nossos relatórios de investigação, entre em contato:service.en@smm.cn
Slack Demand Prevented Secondary Aluminium Alloy Prices From Gaining As Much As Aluminium Scrap Prices - Shanghai Metals Market (SMM)