ADC12 Prices Rise Amid Cautious Downstream Demand

Published: Mar 11, 2026 17:26

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[SMM Aluminum Alloy Daily Review] After opening higher today, aluminum alloy 2604 fluctuated upward and briefly surged to 24,125 yuan before pulling back somewhat, then maintained a narrow consolidation in the afternoon. It finally closed at 23,885 yuan, up 205 yuan/mt from the previous close, an increase of 0.87%. Boosted by the rebound in futures prices, ADC12 quotations rose across the board today, with the SMM average price of ADC12 raised by 300 yuan/mt. Driven by the cost side, producers actively recouped earlier losses. However, affected by wild swings in prices during the week, downstream purchasing sentiment remained cautious, with most buyers continuing to wait and see or restock only for immediate needs, while the overall pace of market transactions stayed steady. In the short t

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