Aluminum Alloy Spot Market Prices Rise Amid Cautious Buying

Published: Mar 12, 2026 14:29

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[SMM Aluminum Alloy Flash News] Futures: the aluminum alloy 2604 contract surged to 24,285 yuan/mt in early trading today, then quickly pulled back, with the intraday low falling to 23,915 yuan/mt, and fluctuated at lows in consolidation in the afternoon. Spot market: quotes in the secondary aluminum alloy ADC12 market continued to rise today, with gains mainly concentrated in the 100–200 yuan/mt range. Driven by rising costs and bullish sentiment, secondary aluminum alloy enterprises generally maintained a willingness to lift prices, but market transactions showed slight divergence. Facing rapid price fluctuations, downstream enterprises became noticeably more cautious in their procurement strategies, mostly relying on just-in-time procurement and showing low willingness to build inventor

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