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Recycled aluminum alloy prices initially stabilize then decline, with transaction conditions improving
Today, the recycled aluminum alloy market quotes remain mainly stable. In the morning, futures market fluctuations narrowed, and companies’ willingness to adjust prices clearly weakened, with most manufacturers choosing to hold steady and observe. In the afternoon, prices fluctuated and declined, with some manufacturers beginning to lower quotes by 100 yuan/ton. From the demand side, downstream purchases are still primarily driven by just-in-time needs, but against the backdrop of falling aluminum prices and the approaching weekend, some companies’ purchasing enthusiasm has slightly increased, leading to a certain improvement in market transactions compared to the previous day. (SMM)