Cost Support Still Exists, Demand Difficult to Improve, ADC12 Wait-and-See Sentiment Heats Up [SMM Cast Aluminum Alloy Morning Comment]
[SMM Cast Aluminum Alloy Morning Comment: Cost Support Remains, Demand Hardly Improves, ADC12 Wait-and-See Sentiment Intensifies] Overnight, the aluminum alloy 2609 contract drifted higher in the night session, opening at 23,025 yuan/mt, with a session high of 23,105 yuan/mt, a low of 23,005 yuan/mt, and closing at 23,055 yuan/mt, up 60 yuan/mt, or 0.26%, from the previous settlement.