Aluminum Alloy Futures Rise 0.52%, Spot Prices Drop Amid Weak Supply and Demand

On May 20, 2026, a signing ceremony for a joint R&D agreement between Shengrang Automotive and Lizhong Alloy Group on aluminum alloy materials was successfully held at the Lizhong Group Research Institute. The two parties officially signed a cooperation agreement to jointly develop high-strength, high-toughness aluminum alloy materials adapted to integrated casting and forging processes, jointly creating "Shengli Alloy" and promoting the upgrading of the automotive lightweighting and green low-carbon industry.

On May 19, at the construction site of the 580,000-ton electrolytic aluminum project of Wanji Aluminum (Xinjiang) Co., Ltd., located in the Camel Circle Industrial Park of Xinxing Economic and Technological Development Zone, tower cranes stood tall, machinery roared, and workers were seizing the prime construction period to carry out orderly operations. It is understood that the project plans to achieve the first stage of ignition and trial operation by the end of this year, and complete the ignition and commissioning of all three stages by June next year.

[SMM News] SHFE data showed that on May 26, the total registered volume of cast aluminum alloy warrants was 40,113 mt, an increase of 659 mt from the previous trading day. Among them, the total registered volume in Shanghai was 2,747 mt, up 27 mt from the previous trading day; the total registered volume in Guangdong was 10,890 mt, up 244 mt from the previous trading day; the total registered volume in Jiangsu was 7,832 mt, up 300 mt from the previous trading day; the total registered volume in Zhejiang was 12,241 mt, up 88 mt from the previous trading day; the total registered volume in Chongqing was 5,408 mt, unchanged from the previous trading day; the total registered volume in Sichuan was 995 mt, unchanged from the previous trading day.