ADC12 Secondary Aluminum Alloy Prices Decline

Published: Feb 5, 2026 16:13

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[SMM Aluminum Alloy Daily Review] Futures side, the aluminum alloy 2603 contract opened at 22,250 yuan/mt, with the futures fluctuating downward overall, breaking below the 22,000 yuan/mt mark. It hit a bottom of 21,860 yuan/mt during the day and finally closed at 21,915 yuan/mt, down 680 yuan/mt or 3.01% from the previous close, mainly driven by bulls reducing positions. Spot market side, the SMM ADC12 price dropped by 200 yuan/mt to 23,600 yuan/mt. As futures weakened again, secondary aluminum market offers generally followed the decline. Driven by the price pullback, downstream users mainly restocked on dips, leading to a slight improvement in transactions. Supply side, as the Chinese New Year approaches, secondary aluminum plants have successively clarified their production plans for t

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