Alumina Futures 2605 Contract: Mixed Price Movements Amid Declining Activity

Published: Feb 10, 2026 09:12
The alumina futures 2605 contract opened overnight at 2,865 yuan/mt, reached a high of 2,874 yuan/mt during the session, touched a low of 2,852 yuan/mt, and ultimately closed at 2,862 yuan/mt. On the futures front, trading volume shrank significantly by 610,000 lots to 168,000 lots, indicating a notable decline in market activity; open interest decreased by 2,482 lots to 3.31 million lots, reflecting a more cautious funding sentiment. From a technical perspective, the short-term moving average MA5 (2,871) is near the current closing price, while MA10 (2,828.1) and MA30 (2,816.43) form successive support levels below, presenting an overall consolidation pattern.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn
Related News
ADC12 Prices Accelerated Rise to Hit Highs in January, Center Expected to Pull Back in February [SMM Analysis]
Common.Time.hoursAgo
ADC12 Prices Accelerated Rise to Hit Highs in January, Center Expected to Pull Back in February [SMM Analysis]
Read More
ADC12 Prices Accelerated Rise to Hit Highs in January, Center Expected to Pull Back in February [SMM Analysis]
ADC12 Prices Accelerated Rise to Hit Highs in January, Center Expected to Pull Back in February [SMM Analysis]
[SMM Analysis]ADC12 Prices Accelerated Rise to Hit Highs in January, Center Expected to Pull Back in February
Common.Time.hoursAgo
Seasonal Weakness Pressure Dominates Aluminum Prices in the Doldrums [SMM Aluminum Morning Meeting Minutes]
Common.Time.hoursAgo
Seasonal Weakness Pressure Dominates Aluminum Prices in the Doldrums [SMM Aluminum Morning Meeting Minutes]
Read More
Seasonal Weakness Pressure Dominates Aluminum Prices in the Doldrums [SMM Aluminum Morning Meeting Minutes]
Seasonal Weakness Pressure Dominates Aluminum Prices in the Doldrums [SMM Aluminum Morning Meeting Minutes]
[SMM Aluminum Morning Meeting Minutes: Seasonal Weakness Pressure Dominates, Aluminum Prices in the Doldrums] In summary, under the influence of earlier macro headwinds, a large amount of capital exited with profits, aluminum prices pulled back, and open interest decreased; however, as precious metals did not show a further downward trend, aluminum prices stabilized accordingly. In the short term, aluminum prices are expected to consolidate.
Common.Time.hoursAgo
Bechtel to Lead Engineering for New US Primary Aluminum Smelter in Oklahoma
Common.Time.hoursAgo
Bechtel to Lead Engineering for New US Primary Aluminum Smelter in Oklahoma
Read More
Bechtel to Lead Engineering for New US Primary Aluminum Smelter in Oklahoma
Bechtel to Lead Engineering for New US Primary Aluminum Smelter in Oklahoma
[SMM Aluminum Express News] Emirates Global Aluminium (EGA) and Century Aluminum have selected Bechtel to lead engineering for a new primary aluminum smelter in Inola, Oklahoma—the first new U.S. primary aluminum smelter since 1980. The project could potentially double America's current primary aluminum production capacity. Bechtel is collaborating with sustainability firm ERM to handle permitting, environmental reviews, regulatory compliance, and community engagement. The announcement supports U.S. efforts to reshore critical metals production amid growing demand for domestic aluminum in electrification, defense, and infrastructure.
Common.Time.hoursAgo
The alumina futures 2605 contract opened overnight at 2,865 yuan/mt, r - Shanghai Metals Market (SMM)