June 13 SMM aluminum alloy ADC12 price market

According to Bloomberg on May 25 local time, Guinea’s Minister of Mines and Geology, Bouna Sylla, said, “Supply should not exceed demand,” adding that the country would regulate export volumes to restore prices to a reasonable level.

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 02 Jun , 2026

[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.