[Daily Review of Aluminum Scrap: Primary Aluminum Prices Fluctuate Rangebound, Aluminum Scrap Market Transactions Remain Sluggish] SMM, November 25:
In the short term, as winter sets in across north China, the purchase volume at some yards has decreased. Subsequently, the supply of aluminum scrap is tightening. Downstream secondary aluminum processing enterprises are also gradually entering the off-season. The aluminum scrap market is experiencing weak supply and demand. In the short term, prices are likely to fluctuate rangebound around primary aluminum spot prices. Some varieties may see reduced seasonal supply, which could support prices.

![[Фьючерсы на алюминий продолжают отскок, центр смещается выше; спотовый алюминий остаётся стабильным по всем позициям; рост предложения продолжает давить на цены — утренний комментарий SMM по глинозёму]](https://imgqn.smm.cn/usercenter/kxYyQ20251217171651.jpg)
![Запасы алюминиевых сплавов в общественных хранилищах растут четыре недели подряд; внимание к реализации спроса в пиковый сезон [Утренний комментарий SMM по литейным алюминиевым сплавам]](https://imgqn.smm.cn/usercenter/ifCaw20251217171652.jpg)
