Aluminum Alloy 2604 Futures Drop, ADC12 Spot Prices Fall Amid Cautious Market Sentiment

Published: Mar 18, 2026 13:31

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[SMM Aluminum Alloy Flash News] Futures side, the most-traded aluminum alloy 2604 contract opened at 23,580 yuan/mt in early trading, briefly rose to 23,670 yuan/mt, and then, affected by long position reductions, fell in waves to a low of 23,380 yuan/mt. As of the midday close, the latest price stood at 23,425 yuan/mt, down 325 yuan/mt from the previous trading day's settlement price, a decline of 1.37%. Spot side, the ADC12 market generally trended downward today, with mainstream producers mostly lowering quotes by 100 yuan/mt. Affected by the pullback in aluminum prices, cost support weakened, and enterprises adjusted quotes accordingly, but the overall extent of adjustments remained relatively restrained, with market sentiment staying cautious.

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