Aluminum Alloy Prices Rise on Strong Futures Market Sentiment Post-Holiday

Published: Feb 24, 2026 15:56

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[SMM Aluminum Alloy Daily Report] Futures side, on the first trading day after the holiday, Aluminum Alloy 2604 opened at the day's low of 22,070 yuan/mt. Early session saw strong capital sentiment, pushing the price up to a high of 22,460 yuan/mt. Subsequently, the futures pulled back amid fluctuations, closing at 22,320 yuan/mt, up 1.27% from the last trading day before the holiday. Throughout the day, bears mainly reduced positions, with the overall market still in a consolidation phase following the previous decline. Spot side, today's SMM ADC12 price was raised by 100 yuan/mt to 23,750 yuan/mt. The strong performance of the futures on the first day after the holiday boosted market sentiment, but secondary aluminum enterprises showed some divergence in their quotations. Some enterprise

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