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Aluminum Prices Slightly Increased, Secondary Aluminum Prices Remain Generally Stable [ADC12 Price Daily Review]

  • Jan 09, 2025, at 2:48 pm
【ADC12 Price Daily Review】Spot aluminum prices slightly rebounded today, with SMM A00 aluminum ingot prices increasing by 30 yuan/mt from yesterday to 19,670 yuan/mt, while secondary aluminum prices remained stable.

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【Aluminum Prices Slightly Increased, Secondary Aluminum Prices Remain Stable】Today, aluminum prices slightly rebounded, with SMM A00 aluminum prices rising by 30 yuan/mt from yesterday to 19,670 yuan/mt, while secondary aluminum prices remained stable. Domestically, large secondary aluminum enterprises maintained their quotations at 20,500-20,800 yuan/mt, while medium and small factories kept their prices steady at 20,300-20,500 yuan/mt. For imports, overseas prices of imported ADC12 ranged between $2,430-2,460/mt, with real-time losses per ton for imported ADC12 hovering around 500 yuan. Today, aluminum prices saw a slight increase, and secondary aluminum factory quotations generally remained stable. However, with SHFE aluminum futures rising in the afternoon, some manufacturers actively followed the trend, raising prices by 100 yuan/mt. Currently, raw material supply remains tight, making it difficult for secondary aluminum factories to procure materials. Additionally, both factory and social inventories are at low levels, providing some support for secondary aluminum alloy prices. In the short term, ADC12 prices are expected to remain more likely to rise than fall.  

Note: Import profits refer to real-time profits

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