Aluminum Alloy 2604 Contract Sees Volatile Session, Closes Down 1.40% at 23,655 Yuan/mt

Published: Mar 13, 2026 17:26

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[SMM Aluminum Alloy Bulletin] The aluminum alloy 2604 contract generally opened higher today, then retreated after a rapid rise, and accelerated downward late in the session. It opened higher at 23,990 yuan/mt in the morning session, once climbed to 24,060 yuan/mt during the session, and then fluctuated lower; in the afternoon, bulls reduced positions, and prices accelerated downward, hitting a low of 23,620 yuan/mt. Prices rebounded slightly near the close and finally settled at 23,655 yuan/mt, down 335 yuan/mt from the previous trading day, a decline of 1.40%. Trading volume was 5,842 lots, down 1,020 lots from the previous trading day; open interest was 5,679 lots, down 195 lots. From a technical perspective, prices fell below short-term moving average support, indicating emerging press

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