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

Published: May 8, 2026 13:22

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[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.

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