Aluminum Futures Rebound, Spot Prices Stable as Market Activity Slows Ahead of Chinese New Year

Published: Feb 11, 2026 16:46

Save

[SMM Daily Review] Futures side, the most-traded aluminum alloy 2604 contract first fell then rose today. It hit bottom at 22,080 yuan/mt in the morning session and gradually rebounded, fluctuating at highs and consolidating in the afternoon, finally closing at 22,205 yuan/mt, up 70 yuan/mt or 0.32% from the previous close, with bulls mainly increasing positions. Spot market side, A00 aluminum price edged down 30 yuan/mt from the previous trading day to 23,260 yuan/mt, while SMM ADC12 price held steady at 23,650 yuan/mt. As the Chinese New Year approached, upstream and downstream enterprises in the secondary aluminum industry chain entered a concentrated holiday period, market liquidity significantly decreased, actual transactions remained sluggish, and spot quotations mostly adjusted slig

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

20 mins ago

Inventory Turning Point Failed to Materialize, Aluminum Billet Market Remained Sluggish [SMM Aluminum Billet Weekly Review]

According to SMM statistics, as of March 5, aluminum billet inventory in China’s major consumption areas totaled 398,000 mt. Inventory first increased and then declined, still hovering around 400,000 mt.

20 mins ago

43 mins ago

Data: SHFE, DCE market movement (Mar 05)

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 05 Mar , 2026

43 mins ago

51 mins ago

China's Secondary Aluminum Alloy Ingot Inventory Falls 2,965 MT Post-Holiday

[SMM Aluminum Flash] According to SMM statistics, today the social inventory of secondary aluminum alloy ingots in China’s major consumption regions decreased by 2,965 mt from last Thursday, with destocking accelerating after the holiday.

51 mins ago