Aluminum Alloy Prices Edge Down, Spot Market Cautious Amid Futures Pullback

Published: Jun 8, 2026 15:37

Save

[SMM Aluminum Alloy Daily Commentary] On the futures side, the cast aluminum alloy 2608 contract opened at 22,935 yuan/mt today, surged to a high of 23,175 yuan/mt, dipped to a low of 22,780 yuan/mt, and closed at 22,985 yuan/mt, edging down 0.52% intraday. On the spot side, the overall atmosphere for price adjustments in the secondary aluminum alloy market was cautious today. The SMM ADC12 price remained flat at 23,900 yuan/mt. Affected by the pullback in aluminum prices and futures, some enterprises chose to follow the market and lowered prices by 100 yuan/mt. However, most enterprises, considering that the cost side of aluminum scrap still provided certain support and that the adjustment range of raw material prices was relatively limited, maintained a wait-and-see stance.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

1 hour ago

Data: SHFE, DCE market movement (Jun 08)

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 08 Jun , 2026

1 hour ago

7 hours ago

China's Secondary Aluminum Ingot Inventory Drops by 638 mt, Foshan Sees Major Decline

[SMM Aluminum Flash] China's secondary aluminum ingot inventory in major consumption areas was 28,700 mt today, down 638 mt from last Friday, with Foshan posting a 606 mt decline and contributing most of the drop.

7 hours ago

8 hours ago

Geopolitical Risks Coupled with Accelerating Destocking, SHFE Aluminum Fluctuates and Adjusts [SMM Aluminum Morning Meeting Summary]

[Geopolitical Risks and Accelerating Destocking Drive SHFE Aluminum Volatile Adjustment] The Middle East geopolitical situation remains volatile, market wait-and-see sentiment is expected to persist, the ex-China supply gap is expected to provide strong bottom support for aluminum prices, US Fed interest rate hikes remain uncertain, and rising energy cost expectations also form a bullish driver for aluminum prices; but high inventory pressure in China remains relatively prominent, which is expected to limit the upside room of domestic aluminum prices, with short-term domestic aluminum prices expected to mainly see volatile adjustment.

8 hours ago