Cast Aluminum Alloy Futures Edge Up; Spot ADC12 Holds Firm Amid Mixed Market Dynamics

Telah Terbit: Dec 23, 2025 15:54
[SMM Aluminum Alloy Express] Futures side, the most-traded cast aluminum alloy 2602 contract opened at 21,240 yuan/mt today, quickly fell to the intraday low of 21,105 yuan/mt early in the session, then stabilized and rebounded, hitting a high of 21,280 yuan/mt. At the close, it settled at 21,265 yuan/mt, up 40 yuan/mt or 0.19% from the previous trading day. Spot market today, SMM A00 aluminum price pulled back 60 yuan/mt to 21,870 yuan/mt, while ADC12 price held firm at 21,800 yuan/mt. Short-term cost support and supply tightening jointly solidified the price bottom, but demand slowdown and aluminum prices fluctuating at highs suppressed downstream purchase willingness. ADC12 prices are expected to hover at highs in the short term.

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[SMM Aluminum Alloy Express] Futures side, the most-traded cast alumin - Shanghai Metals Market (SMM)