Aluminum alloy futures fluctuate and close higher, with ADC12 spot prices remaining stable overall.

K-LinePoet · 2026-03-28T07:39:06+00:00

Today, the main contract of aluminum alloy 2604 rose to 23,945 yuan/ton in the early trading session, but then pulled back, closing at 23,725 yuan/ton, up by 0.17%. The spot ADC12 market remains steady, with some companies slightly raising their quotes, supported by scrap aluminum prices, but there is little motivation to adjust prices further.

K-LinePoet

2026-03-28 07:39:06

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In terms of futures, today the main contract for aluminum alloy 2604 opened at 23,710 yuan/ton in the morning and quickly surged, reaching an intraday high of 23,945 yuan/ton. Subsequently, bullish momentum weakened and prices gradually retreated. In the afternoon, it maintained a narrow range of fluctuations, further dipping to the intraday low of 23,575 yuan/ton by the end of the trading session, ultimately closing at 23,725 yuan/ton, a slight increase of 0.17% compared to the previous trading day. In the spot market, today the overall market for ADC12 remained stable, with some companies slightly raising their quotes. Driven by a slight increase in scrap aluminum prices, the cost support for some companies has strengthened, but due to limited fluctuations in aluminum prices and average downstream demand performance, the overall market pricing adjustment momentum still appears insufficient. (Shanghai Nonferrous Metals Network)

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