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: SHFE aluminium closed at RMB 23,395 per tonne in the night session, down 0.91 per cent, breaking below the short-term moving averages MA5 (23,544) and MA10 (23,522), with the moving average system showing a bearish alignment; the price is approaching the medium-term lifeline MA60...
Firm pricing reflected upward revisions across major producers. Domestic premiums held largely steady w-o-w. Domestic aluminium prices in India edged higher w-o-w on 12 February, tracking gains in aluminium futures on the London Metal Exchange (LME) and the Multi Commodity Exchange (MCX), as global...
Futures: SHFE aluminium closed at RMB 23,555 per tonne in the night session, down 0.08 per cent, with prices consolidating narrowly. It is currently above the MA5 (23,517) but suppressed by the MA10 (23,633), with short-term moving averages still in a bearish alignment; medium to long-term, it...
Futures: Last night session, SHFE aluminium closed at RMB 23,525 per tonne, down 0.06per cent, fluctuating rangebound near the MA5 (23,544). The short-term moving average system showed a bearish alignment, with prices under pressure below the MA10 (24,035.5) and MA30 (24,006.17), but medium and...
中文翻译附于新闻末尾，敬请继续阅读。 By the end of the daytime trading session on Friday, the most-traded nickel contract for May delivery had fallen by 6 per cent from a week earlier to end at RMB 132,330 per tonne (USD 19,069.8 per tonne). Meanwhile, the most-traded March aluminium and copper contracts had dropped...
中文翻译附于新闻末尾，敬请继续阅读。 Futures: Last Friday, SHFE aluminium night session closed at RMB 23,585 per tonne, up 0.98 per cent, fluctuating rangebound during the session. The price traded below the short-term moving averages, MA5 (23,610) and MA10 (24,118), under short-term pressure, but remained above the...
Futures: The aluminium alloy 2603 contract closed at RMB 22,150 per tonne, up RMB 235 yuan or 1.07 per cent from the previous trading day. Volume was 2,539 lots, and open interest stood at 4,211 lots (down 150 lots from the previous session). After pulling back from the previous high of RMB 24,410...
Futures: On the night session of February 4, the most-traded SHFE aluminium 2603 contract opened at RMB 23,800 per tonne, rose after opening, hit a high of RMB 23,900 per tonne, then pulled back, touched a low of RMB 23,625 per tonne, and fluctuated in consolidation toward the close, eventually...
Futures: The aluminium alloy 2603 contract closed at RMB 22,300 per tonne, up RMB 85 yuan or 0.38 per cent from the previous trading day, indicating signs of short-term stabilisation. The K-value was 20.35, the D-value 24.93, and the J-value 11.2, all within the 20-50 range. The J-line has turned...
Futures: During the night session on January 30, the most-traded SHFE aluminium 2603 contract opened at RMB 24,365 per tonne, reached a high of RMB 24,720 per tonne, touched a low of RMB 24,240 per tonne, and finally closed at RMB 24,600 per tonne, up RMB 40 per tonne or 0.16 per cent from the...
On January 30, which is the close of the week, the London Metal Exchange (LME) aluminium prices showed a significant dip in its contracts and futures prices. The declining trend has also been observed in the LME inventories as well. The LME cash bid dropped from USD 3,323 per tonne to USD 3,109 per...
Global aluminium markets surged on Wednesday, pushing prices to their highest level in nearly four years as a sudden slide in the US dollar reignited risk appetite across base metals. The rally gathered pace after President Trump downplayed concerns over the greenback. Asked about the recent USD...
Futures: Last night, the most-traded AD2603 futures contract opened and then rose rapidly, hitting a high of RMB 23,990 per tonne, with the gain once approaching 1.91 per cent. It then pulled back quickly and finally closed at RMB 23,590 per tonne, down RMB 195 per tonne or 0.82 per cent from the...
Futures: Overnight, the most-traded aluminium alloy 2603 futures contract opened, surged to RMB 23,230 per tonne, then quickly pulled back to hit a bottom of RMB 22,925 per tonne, before rebounding in fluctuations and finally closing at RMB 23,060 per tonne, up RMB 5 per tonne or 0.02per cent from...
Futures: During the night session on Jan 26, the most-traded SHFE aluminium 2603 contract opened at RMB 24,400 per tonne, reached a high of RMB 24,430 per tonne, touched a low of RMB 24,225 per tonne, and finally closed at RMB 24,380 per tonne, up RMB 165 per tonne or 0.68 per cent from the...
Futures: Last night's session, SHFE aluminium closed at RMB 24,100 per tonne, up 0.77 per cent. The price stood above all key moving averages (MA5: 24,086; MA60: 24,083.08), with short-term MAs forming a bullish alignment, indicating a strong structure. In the MACD indicator, the DIF (0.9315)...
Futures: The aluminium alloy 2603 contract closed at RMB 22,655 per tonne. The latest candlestick broke below the short-term support, hitting a low of 22,525, indicating that bears still dominated. Open interest was 19,393, down 127 from the previous value, suggesting funds were exiting during the...
Futures: Yesterday, the SHFE aluminium night session closed at RMB 24,225 per tonne, up 1.06 per cent. Prices fluctuated upward above all key moving averages (MA5 24,221, MA10 24,126.5), with short-term moving averages beginning to diverge upward, indicating a significant technical strengthening....
