Overseas Aluminum Supply Disruptions Continued, and Cast Aluminum Alloy Futures Surged Sharply Overnight [SMM Cast Aluminum Alloy Morning Comment]
[SMM Cast Aluminum Alloy Morning Comment: Overseas Aluminum Supply Disruptions Persist; Aluminum Alloy Futures Surged Sharply Overnight] On Wednesday, ADC12 prices continued to rise, with mainstream quotations raised by 100–300 yuan/mt, driven by the rapid rise in raw material costs. Market quoting sentiment was slightly divided: some enterprises, supported by costs, actively followed the rally, with increases of 200–300 yuan/mt; others believed this round of gains was more macro-driven, with insufficient fundamental support, and that prices face pullback risks, cautiously following up by 100 yuan/mt while staying on the sidelines.