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  [SMM Announcement] Announcement on the Addition of Price Points for 'TOPCon Module-182mm-CIF Malaysia, TOPCon Module-210mm-CIF Malaysia, TOPCon Module-210R-CIF Malaysia'

• [SMM Announcement] Announcement on the Addition of Price Points for 'TOPCon Module-Indian Made（with domestic solar cells), TOPCon Module-Indian Made（without domestic solar cells)' 

• Adjustment Information on the Product Price Policies of Ansteel and Bensteel Group for February 2026

• Futures surged to test the 24,000 yuan/mt mark, while the "nominal price without actual transactions" in the spot market intensified. [SMM Cast Aluminum Alloy Morning Comment]

  [SMM Cast Aluminum Alloy Morning Comment: Futures Retreat After Rapid Rise to Test 24,000 yuan/mt Threshold, Spot Market "Nominal Prices Without Actual Transactions" Intensify] Overnight, the cast aluminum alloy 2603 contract opened at 23,400 yuan/mt. The futures rose to a high of 23,940 yuan/mt, then pulled back to a low of 23,010 yuan/mt, before fluctuating and recovering to close at 23,345 yuan/mt, up 105 yuan/mt or 0.45% from the previous close, with the increase mainly driven by bulls adding positions.

• SHFE Aluminum Night Session Breaks Through 25,000, Aluminum Prices Maintain High Levels [SMM Aluminum Morning Meeting Minutes]

  [SMM Aluminum Morning Meeting Minutes: SHFE Aluminum Breaks Through 25,000 in Night Session, Aluminum Prices Continue High-Level Trend] The current fundamentals, with consumption under pressure and social inventory continuously accumulating, are exerting some suppression on the sustained rise of aluminum prices. However, strong macro policy expectations and geopolitical risks, driven by sentiment and capital flows, continue to provide support for aluminum prices. Aluminum prices are expected to hover at highs.