Alumina Futures 2605 Contract Retreats After Rally Amid Weakening Momentum

Published: Feb 13, 2026 09:19

Save

Last night, the alumina futures 2605 contract showed a pattern of retreating after a rapid rise. In the early night session, it attempted a rebound, reaching a high of 2,844 yuan/mt, but subsequently, momentum weakened, and it closed at 2,811 yuan/mt, with gains narrowing. In terms of volume structure, trading volume surged significantly by 47,000 lots to 160,000 lots, while open interest decreased against the trend by 11,000 lots to 286,000 lots, indicating limited market willingness to chase highs and clear signs of funds exiting at elevated levels. The technical setup remains constrained by a bearish alignment, with the short-term moving average system—MA5 (2,820.8) and MA10 (2,820.3)—converging and exerting direct resistance on the futures, while the MA30 (2,829.57) further constitutes a medium-term resistance level. Overall, the futures exhibit weak adjustment characteristics, marked by increased volume without corresponding price gains and a pullback accompanied by reduced open interest.

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

SHFE Cast Aluminum Alloy Warrants Drop to 66,366 MT on Feb 13

[SMM News] SHFE data showed that on February 13, the total registered volume of cast aluminum alloy warrants was 66,366 mt, a decrease of 272 mt from the previous trading day. By region: Shanghai (6,490 mt, unchanged), Guangdong (23,181 mt, unchanged), Jiangsu (8,531 mt, down 150 mt), Zhejiang (22,127 mt, down 122 mt), Chongqing (4,684 mt, unchanged), and Sichuan (1,353 mt, unchanged).

Common.Time.minsAgo

1 hour ago

Indonesia Advances Mining Downstream to Boost Global Supply Chain Role, Says DPR Vice Chairman

[SMM Aluminum Express News] Vice Chairman of DPR (House of Representatives) Commission VI Eko Hendro Purnomo emphasized that Indonesia’s national economic transformation via mining downstream processing (hilirisasi) has entered a decisive strategic implementation phase that will shape the country’s role in global supply chains. He made the statement while leading a specific working visit by Commission VI to Pontianak, West Kalimantan, on Thursday, February 12, 2026. The visit aims to pinpoint critical barriers (regulatory and financial) that could delay smelter development targets. He concluded: “This forum must serve as a momentum to formulate tactical steps and ensure these major industries deliver tangible multiplier effects for the regional economic development of West Kalimantan.”

1 hour ago

Data: SHFE, DCE market movement (Feb 13)

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 13 Feb , 2026

1 hour ago