Aluminum Alloy Futures Price Drifts Higher, Spot Aluminum Steady With Slight Gains [ADC12 Price Daily Review]

Published: Aug 07, 2026 13:08 (GMT+8)

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[ADC12 Price Daily Review: Aluminum Alloy Futures Drifted Higher, Spot Aluminum Alloy Edged Up Slightly] Today, ADC12 market offers mainly consolidated on a strong note. SMM ADC12 price edged up by 50 yuan/mt.

Futures: The aluminum alloy 2610 contract opened today at 23,440 yuan/mt, with an intraday fluctuation range of 23,420–23,545 yuan/mt, and closed at noon at 23,520 yuan/mt, up 55 yuan from the settlement price, an increase of 0.23%. Intraday futures drifted higher, with multiple shots up to test highs during the session, and overall trading remained firmly above the average price line. Trading volume for the day was 6,114 lots, while open interest increased to 18,342 lots, up 307 lots, with continuous fund inflows pushing the market higher.

Spot: Today, ADC12 market quotes predominantly consolidated on a strong note, with the SMM ADC12 price edging up by 50 yuan/mt. Primary aluminum prices still provided cost support, and enterprises' willingness to hold prices firm persisted. However, end-use demand remained weak, and the downstream procurement pace was cautious. Market transaction improvement was limited, with insufficient downward price adjustment momentum and demand constraints hindering upward transmission. In the short term, the ADC12 market is expected to maintain a consolidation pattern characterized by both cost support and demand pressure.

Import side, ex-China ADC12 quotes stood at $3,050–3,190/mt, while the immediate import loss held steady at around 827 yuan/mt.

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.

Images in this article contain AI-translated captions for reference only.

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