Overnight, the most-traded SHFE 2407 aluminum contract opened at 20,770 yuan/mt, reached a high of 20,960 yuan/mt, a low of 20,770 yuan/mt, and closed at 20,910 yuan/mt, up 130 yuan/mt, an increase of 0.63%. On the previous trading day, LME aluminum opened at $2,638/mt, reached a high of $2,645.5/mt, a low of $2,586.5/mt, and closed at $2,614/mt, down $26.5/mt, a decrease of 1%.
Summary: On the macro front, the US Fed's rate cut expectations have cooled off, and escalating overseas trade frictions are putting pressure on future demand. On the fundamentals, aluminum ingot social inventory increased, and some processing enterprises reported weak follow-up on new orders. In the short term, aluminum prices are expected to continue fluctuating widely at high levels.
![A00 recule légèrement, la ferraille d'aluminium reste globalement stable [Analyse quotidienne de la ferraille d'aluminium]](https://imgqn.smm.cn/usercenter/yOYEC20251217171653.jpg)

![[Revue quotidienne des prix de l'ADC12] Les contrats à terme sur l'aluminium fluctuent à des niveaux élevés ; le prix au comptant de l'ADC12 se consolide sur une note ferme](https://imgqn.smm.cn/usercenter/FHiZE20251217171722.jpeg)
