Cast Aluminum Alloy 2603 Contract Drops, ADC12 Prices to Stay High Short-term

Publicado: Dec 30, 2025 09:10
[SMM Aluminum Alloy Morning Briefing] Overnight, the most-traded cast aluminum alloy 2603 contract showed a one-sided fluctuating decline. It opened at 21,585 yuan/mt and continued to weaken, accelerating its decline toward the end of the session and closing at the day's low of 21,340 yuan/mt, down 305 yuan/mt or 1.41% from the previous close. The futures market indicated that bears were dominant, accompanied by long position reductions and exits, with both open interest and trading volume declining. On the spot side, high costs and tightening supply supported prices, but falling demand and aluminum prices fluctuating at highs dampened downstream purchasing enthusiasm, limiting upside room. ADC12 prices are expected to hover at highs in the short term.

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