Scrap prices are still likely to rise after short-term adjustment

In terms of recycled aluminum alloy ingots, silicon has skyrocketed under the impact of the shutdown of production in many regions and the imbalance between market supply and demand
.
The soaring price of silicon, as well as the continuous increase in the price of electrolytic aluminum, directly led to the sharp rise in the price of aluminum-silicon alloy ingots, the pressure on the cost of raw materials of manufacturers increased, and the price of ADC12 aluminum alloy ingots once exceeded 24,000, and the increase since September has reached 3,000 yuan / ton, and downstream die-casting enterprises are miserable
.
The sharp rise in silicon has also led to obvious price differentiation of raw aluminum and cooked aluminum, aluminum mills consider the cost reasons, the source of raw aluminum is more favored, and even there is a rush phenomenon, while the source of cooked aluminum chooses to receive goods at a low price, and some small and medium-sized smelting enterprises even stop the phenomenon of buying cooked aluminum
.

In terms of aluminum profiles, the price is too high, downstream processing enterprises do not accept it, and orders are significantly reduced; It is understood that due to price problems, Hubei and other aluminum profile manufacturers in control of receipts, maintenance of normal production needs, inventory is not much
.

Production restrictions, power restrictions in many places, and the upcoming heating season, the supply side has a trend of continued tightening; In the case of imbalance between supply and demand, silicon prices may remain strong; Under multiple benefits, or limit the downward space of scrap aluminum, there is still an upside possibility
after the short-term scrap price adjustment.