Secondary Aluminum Alloy Ingot Inventory Down 142 mt MoM, 152 mt from Pre-Holiday Level

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 25 Feb , 2026

[SMM Aluminum Alloy Daily Report] Futures side, the most-traded aluminum alloy 2604 contract opened at the day's low of 22,275 yuan/mt, and the futures rose steadily, hitting a high of 22,740 yuan/mt during the session. In the afternoon, prices pulled back from the highs, but the overall decline was limited, with prices remaining above the moving average. Spot side, secondary aluminum market quotations were mostly stable, with the SMM ADC12 price holding at 23,750 yuan/mt. Downstream inquiries and actual transactions recovered today, but the overall trading atmosphere remained cautious, and market sentiment was relatively mediocre.

Formosa Springs, the renowned Canadian mineral water brand, has relaunched under new ownership, with a major focus on expanding its aluminium can production. The company estimates its aluminium packaging capacity could reach up to 100 million cans annually, alongside its existing glass bottling operations.