Cast Aluminum Alloy Futures Dip, Spot Market Shows Mixed Trend Amid Tight Supply

Published: Dec 25, 2025 15:37

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[SMM Cast Aluminum Alloy Daily Review] The most-traded cast aluminum alloy contract 2602 opened at 21,475 yuan/mt today. After opening, the price first dipped to a low of 21,135 yuan/mt, then fluctuated upward. The pace of the rally accelerated after 10 a.m., and the price surged to a high of 21,480 yuan/mt in the afternoon. It experienced a slight pullback toward the close, eventually settling at 21,345 yuan/mt, down 135 yuan/mt or 0.63% from the previous trading day. On the futures market, bulls mainly reduced their positions, and short-term bullish momentum weakened somewhat. In the spot market today, the SMM A00 aluminum price was quoted at 21,980 yuan/mt, down 50 yuan/mt from the previous day, while the ADC12 price held steady at 21,950 yuan/mt. Although aluminum prices saw a slight correction, secondary aluminum prices remained firm. Currently, raw material supply is tight, and with aluminum and copper prices staying high, aluminum scrap—especially aluminum tense scrap—has followed the uptrend quickly but shown limited response to declines. Enterprise raw material inventory remains at low levels.

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