Aluminum Futures Rebound, Spot Prices Stable as Market Activity Slows Ahead of Chinese New Year

Published: Feb 11, 2026 16:46

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[SMM Daily Review] Futures side, the most-traded aluminum alloy 2604 contract first fell then rose today. It hit bottom at 22,080 yuan/mt in the morning session and gradually rebounded, fluctuating at highs and consolidating in the afternoon, finally closing at 22,205 yuan/mt, up 70 yuan/mt or 0.32% from the previous close, with bulls mainly increasing positions. Spot market side, A00 aluminum price edged down 30 yuan/mt from the previous trading day to 23,260 yuan/mt, while SMM ADC12 price held steady at 23,650 yuan/mt. As the Chinese New Year approached, upstream and downstream enterprises in the secondary aluminum industry chain entered a concentrated holiday period, market liquidity significantly decreased, actual transactions remained sluggish, and spot quotations mostly adjusted slig

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