News Summary Core Viewpoint - The domestic supply of recycled aluminum alloy ingots is expected to decrease due to high raw material costs and tight supply, alongside a reduction in imports [1] Group 1: Market Conditions - As of August 28, the social inventory of recycled aluminum alloy ingots in major domestic consumption areas reached 37,525 tons, an increase of 2,380 tons compared to the previous week [1] - The Shanghai Futures Exchange announced that starting from the closing settlement on August 28, 2025, the price fluctuation limit for casting aluminum alloy futures contracts will be adjusted to 5% [1] Group 2: Institutional Perspectives - New Lake Futures noted that the recycled aluminum alloy market has not shown significant improvement, with high prices suppressing downstream purchasing willingness. Inventory continues to rise under stable production conditions, exerting pressure on prices. However, the rising scrap aluminum prices provide strong cost support, suggesting that aluminum alloy prices may experience short-term fluctuations [2] - Guoxin Futures highlighted that the price of raw scrap aluminum is on an upward trend, with supply remaining tight, which raises the cost support for aluminum alloys. Downstream demand has not shown significant recovery, leading to high inventory pressure. Additionally, some companies in Anhui and Jiangxi have reportedly reduced or halted production, which may marginally decrease output and support both spot and futures prices. Overall, attention should be paid to aluminum price fluctuations and the realization of seasonal demand, with a medium-term outlook suggesting a potentially strong oscillation for aluminum alloys [3]

今 日 早 评 温馨提示： 根据《上海期货交易所交易规则》等有关规定，现将铸造 铝合金期货合约上市挂牌基准价通知如下： AD2511、AD2512、AD2601、AD2602、AD2603、AD2604、 AD2605合约的挂牌基准价为18365元/吨。 重点品种： 【短评-原油】路透社调查发现，5月OPEC原油产量较4月增 加15万桶/日，达到2675万桶/日，但低于计划的增产幅度，在 OPEC+协议中，阿尔及利亚、伊拉克、科威特、沙特阿拉伯和阿 联酋这五个OPEC成员国计划在5月增产31万桶/日，但实际仅增 产18万桶/日；伊朗外交部发言人：下一轮与美国的核谈判预计 将于周日在阿曼举行。6月9日，伊朗外交部发言人巴加埃表 示，伊朗已将铀浓缩排除在谈判议题之外；中美经贸磋商机制 首次会议在英国伦敦开始举行。评：美伊谈判和俄乌谈判进展 情况，OPEC+增产量偏少，美国关税政策影响阶段性原油走势。 短期低库存对油价存在支撑。长期需持续跟踪OPEC+增产落实情 况。短期短线参与。 【短评-焦煤】Mysteel煤焦事业部调研全国30家独立焦化 厂吨焦盈利情况，全国平均吨焦盈利-19元/吨；山西准一级焦 平均盈利5元 ...

上期所公告，根据《上海期货交易所交易规则》等有关规定，现将铸造铝合金期货合约上市挂牌基准价 通知如下： AD2511、AD2512、AD2601、AD2602、AD2603、AD2604、AD2605合约的挂牌基准价为18365元/吨。 ...

Core Viewpoint - The Shanghai Futures Exchange has announced the listing benchmark prices for casting aluminum alloy futures contracts, indicating a significant development in the commodities market [1] Group 1: Contract Details - The listed benchmark price for the contracts AD2511, AD2512, AD2601, AD2602, AD2603, AD2604, and AD2605 is set at 18,365 yuan per ton [1]

Group 1 - The Shanghai Futures Exchange has announced the listing of aluminum alloy futures contracts with a benchmark price set at 18,365 yuan per ton [1] - The specific contracts listed include AD2511, AD2512, AD2601, AD2602, AD2603, AD2604, and AD2605, all priced at the same benchmark [1]

上期所公告，铸造铝合金 期货合约的交易单位为10吨/手，最小变动价位为5元/吨。铸造铝合金期货合 约的交易代码为AD。 ...

智通财经5月26日电，上期所发布《上海期货交易所铸造铝合金期货合约》《上海期货交易所铸造铝合 金期货期权合约》和《上海期货交易所铸造铝合金期货业务细则》，自2025年6月10日起实施。 ...