Aluminum Alloy Futures Rebound, Spot Market Remains Stable Amid Weak Price Adjustment Sentiment
[SMM Aluminum Alloy Daily Review] Futures: The most-traded AD2611 cast aluminum alloy futures contract opened at 23,255 yuan/mt today, hit bottom at 23,250 yuan/mt in early trading before rebounding, reached an intraday high of 23,350 yuan/mt before midday, and closed at 23,340 yuan/mt at noon, up 120 yuan from yesterday's settlement price, a gain of 0.52%. The price center continued to move higher throughout the day, with the close near the intraday high. Spot: The ADC12 market remained generally stable today. With no further drivers from costs or supply-demand dynamics, enterprises showed generally weak willingness to adjust prices, and the market was dominated by a wait-and-see stance and stable pricing.