》Click to View SMM Spot Aluminum Prices
【Aluminum Prices Bottom Out and Rebound, Secondary Aluminum Prices Rise Steadily】After five consecutive declines, aluminum prices rebounded today. SMM A00 aluminum prices increased by 150 yuan/mt from yesterday to 19,830 yuan/mt, while secondary aluminum prices rose steadily. Domestically, large secondary aluminum enterprises raised their quotes by 0-100 yuan/mt to 20,400-20,700 yuan/mt, while small and medium-sized plants raised their quotes by 0-100 yuan/mt to 20,100-20,300 yuan/mt. On the import side, imported ADC12 prices ranged from $2,430-2,460/mt, and port spot cargo quotes increased by 100 yuan/mt to 19,700-19,900 yuan/mt. Due to the strengthening of domestic prices, the real-time loss per ton for imported ADC12 narrowed to around 500 yuan. With aluminum prices rebounding today, the secondary aluminum market showed slight divergence in quotes. Some enterprises, constrained by raw material cost pressure, actively raised prices by 50-100 yuan/mt, while others temporarily maintained stability, awaiting next week's aluminum price trend. Currently, secondary aluminum plant costs remain high, coupled with low finished product inventories. In the short term, secondary aluminum alloy prices are expected to be more likely to rise than fall.
Note: Import profit refers to real-time profit
