Today, the centre of SHFE aluminium futures fell from the previous trading day, market shipment sentiment was relatively pronounced, and overall spot aluminium transactions shifted to discounts. Today, market transactions for A00 aluminium ingot premiums were between a discount of RMB 40 per tonne...
Futures: SHFE aluminium closed at RMB 24,010 per tonne, down 0.62 per cent, with the price breaking below MA5 (around 24,160) but holding slightly above MA10 (23,988.5); short-term moving average support faces a test, while medium-term MA30 (23,469.5) and MA60 (23,699.67) remain in bullish...
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Futures: According to the night session data on October 14, the SHFE aluminium 2511 contract closed at RMB 20,855 per tonne, down 0.36 per cent. It was under pressure in the short term below the 5-day moving average (MA5: 20,934), but remained above the 10-day, 30-day, and 60-day moving averages,...
Futures: The SHFE aluminium 2511 contract fluctuated downward during the night session of October 10, closing at RMB 20,755 per tonne, down 1.59 per cent. The MA indicators show that MA5 (20,766), MA10 (20,764), and MA30 (20,764) are all above the closing price, with short-term moving averages in a...
The centre of aluminium scrap prices fluctuated upward around the National Day holiday. As of October 9, the SMM A00 aluminium price closed at 20,960 per tonne, up 190 per tonne from September 25. Ahead of the holiday, enterprises in Henan, Jiangxi, Shandong, and other regions actively stockpiled,...
Futures: On the night session before the holiday (September 30), the most-traded SHFE aluminium 2511 contract opened at RMB 20,765 per tonne, with the highest price at RMB 20,770 per tonne, the lowest price at RMB 20,680 per tonne, and closed at RMB 20,680 per tonne, down 0.43per cent from the...
On Tuesday, September 30, both the LME cash bid and offer price inched down by USD 3.5 per tonne or 0.13 per cent and finally settled at USD 2,668 per tonne and USD 2668.5 per tonne. The 3-month bid rose by USD 2 per tonne or 0.07 per cent and stood at USD 2,677 per tonne, and the 3-month offer...
The most-traded cast aluminium alloy AD2512 futures contract opened at RMB 20,280 per tonne overnight, hit a high of RMB 20,370 per tonne, and finally closed at the lowest level of RMB 20,325 per tonne, up RMB 55 per tonne or 0.27 per cent from the previous closing price. Trading volume was 646...
Futures: The most-traded cast aluminium alloy ad2512 contract opened at RMB 20,325 per tonne overnight, hit a high of RMB 20,360 per tonne, and finally closed at the lowest of 20,240 per tonne, down RMB 85 per tonne or 0.42 per cent from the previous close. Trading volume was 1,110 lots, open...
Futures: The most-traded cast aluminium alloy AD2512 contract opened at the day's low of RMB 20,385 per tonne overnight, hit a high of RMB 20,450 per tonne, and finally closed at RMB 20,385 per tonne, flat from the previous close, with a 0per cent change. Trading volume was 661 lots, and open...
Futures: In yesterday's night session, the most-traded SHFE aluminium 2511 contract opened at RMB 20,790 per tonne, with the highest price at RMB 20,840 per tonne, the lowest price at RMB 20,750 per tonne, and closed at RMB 20,800 per tonne, up RMB 20 per tonne or 0.10per cent from the previous...
Futures: The most-traded cast aluminium alloy AD2511 contract opened at RMB 20,460 per tonne overnight, hit a high of RMB 20,560 per tonne and a low of RMB 20,405 per tonne, and closed at RMB 20,515 per tonne, up RMB 35 per tonne or 0.17 per cent from the previous close. Trading volume was 970...
In the futures market, the most-traded SHFE aluminium 2510 contract opened at RMB 20,995 per tonne during the night session, reaching a highest price of RMB 21,095 per tonne and a lowest price of RMB 20,955 per tonne, closing at RMB 21,060 per tonne, up RMB 40 per tonne from the previous close,...
9.15 SMM cast aluminium alloy morning comment Futures: On friday night, the most-traded cast aluminium alloy ad2511 futures contract opened at RMB 20,505 per tonne, with a high of RMB 20,650 per tonne and a low of RMB 20,475 per tonne, and closed at RMB 20,645 per tonne, up RMB 170 per tonne or...
Futures: The most-traded cast aluminium alloy ad2511 contract opened at RMB 20,355 per tonne overnight, hitting a high of RMB 20,425 per tonne and a low of RMB 20,340 per tonne, and closed at RMB 20,405 per tonne, up RMB 40 per tonne, or 0.20 per cent, from the previous close. Trading volume was...
9.9 SMM cast aluminium alloy morning comment Futures: The most-traded cast aluminium alloy ad2511 contract opened at RMB 20,295 per tonne overnight, hit a high of RMB 20,330 per tonne, and closed at the day's low of RMB 20,200 per tonne, down RMB 95 per tonne (0.47per cent) from the previous close....
Andrew Perchard, PhD and the Honorary Research Professor at Otago Business School, University of Otago and Visiting Professor at Birkbeck, University of London. An expert in the global aluminium industry, he has authored key industry histories, advised leading aluminium bodies and served on the...
Futures side, the most-traded SHFE aluminium 2510 contract opened at RMB 20,710 per tonne in the previous trading day's night session, with the highest price at RMB 20,760 per tonne, the lowest at RMB 20,700 per tonne, and closed at RMB 20,725 per tonne, up 0.07 per cent from the previous closing...
On Tuesday, SMM ADC12 prices held steady at RMB 20,750 per tonne. Post-September regional tax rebate policies remain unclear, with thick wait-and-see sentiment prevailing in the secondary aluminium market. Tight raw material supply further bolstered firm producer offers on cost support. Demand...
Futures: The most-traded cast aluminium alloy AD2511 contract opened at the day's high of RMB 20,350 per tonne on Friday night, hitting an intraday high of RMB 20,365 per tonne and a low of RMB 20,270 per tonne, before closing at RMB 20,325 per tonne, down RMB 25 per tonne (0.12 per cent) from the...
