SMM Analysis: Brief Analysis of the Supply and Demand Pattern behind the Recent Firmness in Spot Aluminium Prices
Since late November, domestic spot aluminium prices have remained stable overall, with the weakening of aluminium demand due to reduced production of aluminum in Yunnan yet to be reflected in the spot price trend. In the northern region, spot aluminium prices have maintained stability and even shown a slight upward trend. The reason for the firmness in spot prices since late November is the tight supply and demand pattern in the domestic spot aluminium market. In this analysis, SMM will provide a brief analysis of the supply and demand patterns in the southern and northern spot aluminium markets since November.
![A00 retrocede ligeramente, la chatarra de aluminio se mantiene estable en general [Revisión diaria de chatarra de aluminio]](https://imgqn.smm.cn/usercenter/yOYEC20251217171653.jpg)

![[Revisión diaria del precio del ADC12] Los futuros del aluminio fluctúan en máximos; el ADC12 al contado se consolida con firmeza](https://imgqn.smm.cn/usercenter/FHiZE20251217171722.jpeg)
