Aluminum Alloy Futures Edge Down, Spot Market Sees Slight Recovery Amid Rising Costs

Published: May 8, 2026 13:22

Save

[SMM Aluminum Alloy News] Futures side, the most-traded aluminum alloy 2607 contract opened at 22,955 yuan/mt today, reaching a high of 23,070 yuan/mt and a low of 22,880 yuan/mt during the session. As of the pre-afternoon close, it settled at 22,970 yuan/mt, edging down 45 yuan/mt from the previous settlement price, a decline of 0.20%. Futures overall moved sideways with narrow fluctuations. Spot side, the ADC12 market was stable with a slight recovery today. Some enterprises raised their quotes by 100 yuan/mt, driven by the rebound in aluminum prices and rising raw material costs, but most enterprises maintained a cautious wait-and-see attitude. ADC12 prices are expected to continue moving sideways in the short term.

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

Common.Time.minsAgo

Buying Sentiment Recovered Slightly from the Previous Day but Remained Weak [SMM Spot Aluminum Midday Review]

Common.Time.minsAgo

Common.Time.hoursAgo

Canyon Resources Advances Minim Martap Bauxite Project, Targets First Shipment in Late 2026

[SMM Aluminum Express News] Canyon Resources is advancing its Minim Martap bauxite project in Cameroon with integrated mine-to-port logistics ahead of first production in late 2026. The company has increased stakes in Camrail (26.9%) and the Port of Douala operator (42.8%) to secure rail and export capacity. Trial mining began in April 2026, with rail, port, and rolling stock commissioning underway. First bauxite shipment is targeted for late September 2026, while offtake talks and a potential alumina refinery study (due Q3 2026) are ongoing. The project targets high-grade bauxite averaging ~51% alumina and ~2% silica.

Common.Time.hoursAgo

Century Aluminum Reports Q1 2026 Earnings, Expects Strong Q2 with Higher Prices and Mt. Holly Ramp-Up

[SMM Aluminum Express News] Century Aluminum reported Q1 2026 results with net sales of $649.2M, net income of $337.5M, and adjusted EBITDA of $231.4M. Net income included one-time gains from the Hawesville asset sale and insurance compensation related to the Iceland equipment failure. Liquidity stood at $611M as of March-end. The company expects Q2 adjusted EBITDA of $315–335M, supported by higher aluminum prices and ramp-up at Mt. Holly.

Common.Time.hoursAgo