Aluminum Alloy Prices Rise, Futures and Spot Markets Show Strong Gains Amid Cost Increases

Published: Jun 2, 2026 15:14

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[SMM Aluminum Alloy Daily Review] Futures side, the most-traded aluminum alloy 2608 futures contract opened at 23,140 yuan/mt today, closing at 23,500 yuan/mt, up 450 yuan from the previous settlement price, a daily gain of 1.95%. Spot side, ADC12 prices overall held up well today. Most enterprises raised their quotes by 100 yuan/mt, and some subsequently followed futures to increase prices by another 100-200 yuan/mt. Under the dual effects of rising costs and tightening supply, enterprises showed a notably stronger willingness to increase prices. ADC12 prices still had room for further upward movement in the short term. Going forward, close attention should be paid to policy changes, aluminum scrap circulation, and downstream purchase pace.

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