Aluminum scrap supply tightness underpins ADC12 prices, while the off-season caps the upside [SMM cast aluminum alloy morning comment]
[SMM Cast Aluminum Alloy Morning Comment: Tight Supply of Aluminum Scrap Supports ADC12 Prices, Off-Season Caps Gains] Last Friday night, the aluminum alloy 2609 contract opened at 23,115 yuan/mt, and during the night session, it reached a high of 23,320 yuan/mt and a low of 23,115 yuan/mt, closing at 23,270 yuan/mt.
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