Aluminum Futures Rise, Spot Prices Stable Amid Cautious Trading Atmosphere

Published: Feb 25, 2026 14:55

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[SMM Aluminum Alloy Daily Report] Futures side, the most-traded aluminum alloy 2604 contract opened at the day's low of 22,275 yuan/mt, and the futures rose steadily, hitting a high of 22,740 yuan/mt during the session. In the afternoon, prices pulled back from the highs, but the overall decline was limited, with prices remaining above the moving average. Spot side, secondary aluminum market quotations were mostly stable, with the SMM ADC12 price holding at 23,750 yuan/mt. Downstream inquiries and actual transactions recovered today, but the overall trading atmosphere remained cautious, and market sentiment was relatively mediocre.

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