[Geopolitical Conflicts Combined with Rate Hike Slowdown: Aluminum Prices Consolidate on a Strong Note, Encountering Upside Resistance] In a comprehensive assessment, aluminum prices will maintain a pattern of consolidating on a strong note while encountering resistance in the short term.

On July 14, Diantou Energy announced that it expects its net profit attributable to shareholders of the listed company for H1 2026 to be 5.173 billion to 5.38 billion yuan, up 45.76%-51.59% YoY. The performance change was mainly driven by improved supply-demand conditions in the aluminum industry and aluminum prices fluctuating at highs, which significantly boosted the profit of the aluminum segment, as well as the company's quality and efficiency enhancement and the strengthened synergy of coal-power-aluminum integration following the major asset restructuring.

SMM, July 15: Today, the futures market saw some decline, and the spot market in South China stabilized from weakness. At the start of trading, suppliers tried to hold prices firm and sell slowly on dips, but bearish sentiment still prevailed, and there were slightly more participants actually looking to sell for cash, causing quotes to be generally lowered passively. However, as expectations of a further weakening spot-futures price spread emerged, the dual decline in aluminum prices and the spread stimulated some traders to increase purchases in the market. Discounted cargoes were quickly absorbed, and buyers even began to accept firm offers. The mainstream quotations steadily recovered from a discount of 10 yuan/mt to flat, with tightening liquidity, and transactions showed an improving trend. Spot transaction prices were concentrated at a discount of 20 yuan/mt to a premium of 20 yuan/mt against the SHFE aluminum 2607 contract.

[ADC12 Price Daily Review: Aluminum Alloy Futures Move Sideways, Spot Demand Insufficient, Prices Stable Awaiting Market] Today, ADC12 market quotations were generally stable. The pullback in aluminum prices was limited, and the cost side lacked significant drivers for price adjustments.

[Geopolitical Conflicts and Cooling Inflation Keep Aluminum Prices Biased Stronger, Upside Room Limited] Overall, short-term aluminum prices will consolidate on a strong note and encounter resistance.

[Geopolitical Conflicts and Cooling Inflation Keep Aluminum Prices Biased Stronger, Upside Room Limited] Overall, short-term aluminum prices will consolidate on a strong note and encounter resistance.