Aluminum alloy futures initially rose then declined, with ADC12 prices increased.

K-LinePoet · 2026-04-02T08:15:51+00:00

Today, the main contract of aluminum alloy 2605 rose to 23,630 yuan/ton, an increase of 2.27%. In the spot market, the price of ADC12 increased by 300-400 yuan/ton, but demand remains weak, and actual transactions are relatively dull.

K-LinePoet

2026-04-02 08:15:51

Abstract generation in progress

In the futures market, today’s aluminum alloy 2605 front-month contract opened with a gap higher at 23,510 yuan/ton. It then continued to push higher, reaching the intraday high of 24,050 yuan/ton. Subsequently, it faced selling pressure and pulled back, once falling as low as 22,835 yuan/ton. In the afternoon, it gradually stabilized and rebounded, and ultimately closed at 23,630 yuan/ton, up 525 yuan from the previous trading day, a gain of 2.27%. In the spot market, today’s ADC12 price saw a strong upward adjustment. Mainstream producers generally raised their quotes by 300-400 yuan/ton, mainly driven by strengthening prices of primary aluminum and a rapid increase in scrap aluminum costs. Enterprises largely raised their quotes in line with the move, with cost-side support playing a significant role. However, on the demand side, performance has been relatively muted. Downstream buyers remain cautious, with inquiries and actual transactions relatively average, and there is limited acceptance of high-priced resources. (SMM)

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