Macro perspective: Fed Chairman Warsh delivered a hawkish speech at the Jackson Hole symposium, lifting market expectations for a September rate hike to around 60 per cent, while the US dollar consolidated amid fluctuations, unsettling the nonferrous metals sector. The Fed's latest Beige Book...
India’s aluminium recycling sector has matured significantly over the past decade. Secondary aluminium, produced by remelting and refining scrap, now accounts for a growing share of the country’s total aluminium consumption. Recycling aluminium requires up to 95 per cent less energy than smelting...
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Futures: SHFE aluminium closed at RMB 23,280 per tonne, slightly down 0.02 per cent, with prices above MA5 (23,197) and MA10 (23,192.5), and the closing price of 23,280 exactly matching MA30 (23,276.67). Short-term moving average support is effective, while the mid-term moving average pressure...
Futures: SHFE aluminium settled at RMB 23,260 per tonne, up 0.35 per cent, with the price above the MA5 (23,162) and MA10 (23,165), but below the MA30 (23,303.17) and MA60 (23,932.08), indicating effective short-term moving average support but resistance from medium-term moving averages. The MACD...
In June 2026, China's primary aluminium trade exhibited a pronounced divergence, marked by contracting imports and surging exports. Imports declined sharply in both volume and value, while their origins remained highly concentrated, with Russia retaining its firm lead as the top supplier. On the...
Cymat Technologies Ltd. is pleased to announce that it signed a commercial agreement with Rio Tinto Alcan Inc on July 17, 2026 ("Rio Tinto") to facilitate the transfer of Rio Tinto's commercial customers of their proprietary aluminium metal matrix composites business ("MMC") to Cymat, as previously...
Futures: The SHFE aluminium daytime session closed at RMB 23,185 per tonne, up 0.56 per cent, with the price slightly above the MA5 (23,151.7) and MA10 (23,148.5) but still below the MA30 (23,329.33) and MA60 (23,960). Short-term moving averages provided support, while medium-term moving averages...
Today, the most-traded SHFE aluminium 2609 contract closed at RMB 23,160 per tonne, edging up 0.56 per cent intraday. Trading volume was 204,700 lots, significantly higher than the previous 113,000 lots. Volume expanded during the rally and contracted on the pullback, indicating limited willingness...
Futures: Futures: SHFE aluminium closed at RMB 23,280 per tonne, edging up 0.22 per cent, with intraday fluctuations between 23,145 and 23,295. The price was slightly above the 5-day MA (23,250) and 10-day MA (23,150.5), but well below the 30-day MA (23,409) and 60-day MA (24,028). Short-term...
Macro perspective The US-Iran situation escalated rapidly, as the US reinstated comprehensive oil sanctions on Iran, terminated the relevant memorandum of understanding, and launched strikes on over a hundred Iranian military facilities. Iran immediately retaliated, causing a sharp rise in...
Futures: The most-traded SHFE aluminium contract opened at RMB 23,130 per tonne in the night session on July 9, with a high of RMB 23,220 per tonne, a low of RMB 22,985 per tonne, and closed at RMB 23,105 per tonne, up 0.20 per cent from the previous close. During this period, prices continued...
Today, the SHFE aluminium 2608 contract opened at RMB 23,075 per tonne, reached a high of RMB 23,095 per tonne, dipped to a low of RMB 22,850 per tonne, and finally settled at RMB 23,060 per tonne, down RMB 10 per tonne or 0.04 per cent from the previous trading day. Trading volume was 165,200 lots...
Futures: On the night session of July 8, the most-traded SHFE aluminium contract opened at RMB 23,075 per tonne, reached a high of RMB 23,080 per tonne and a low of RMB 22,965 per tonne, and finally closed at RMB 23,020 per tonne, down 0.24 per cent from the previous close. During this period,...
In the morning session, the trading centre of the SHFE aluminium 2606 contract was higher than the same period of the previous trading day. Market selling sentiment strengthened from the previous day, as some downstream players, expecting a near-term rise in aluminium prices, saw buying sentiment...
June marked a tale of two markets for aluminium, where a macro-driven selloff clashing with resilient fundamentals. While SHFE aluminium prices tumbled to yearly lows, pressured by expectations of US rate hikes and the evaporation of Middle Eastern risk premiums, the underlying supply-demand...
Futures: The most-traded SHFE aluminium contract opened at RMB 22,940 per tonne in the night session on July 7, with a high of RMB 23,130 per tonne, a low of RMB 22,940 per tonne, and closed at RMB 23,055 per tonne, up 0.50 per cent from the previous close. During this period, prices rebounded from...
Futures: The most-traded SHFE aluminium contract opened at RMB 22,850 per tonne in the night session on July 6, reached a highest price of RMB 22,950 per tonne, a lowest price of RMB 22,790 per tonne, and finally closed at RMB 22,900 per tonne, up 0.07 per cent from the previous close. During this...
The installed base of potlines is ageing, and the market is tight. LME aluminium touched a four-year high above USD 3,300 per tonne in early 2026, idle Western capacity is being studied for restart, and every controlled shutdown on the map is running under cost and schedule pressure. So teams plan...
The most-traded SHFE aluminium contract opened at RMB 22,685 per tonne in the night session on July 3, with a high of RMB 22,830 per tonne, a low of RMB 22,685 per tonne, and closed at RMB 22,795 per tonne, down 0.20 per cent from the previous settlement. This session saw a rebound from lows,...
In early June, according to public information, the Kazakh Prime Minister met with the Vice Chairman of Xinfa Group. Xinfa expected that, based on its entire industry chain industrial park construction plan, the project will create a highly integrated production system, achieving full chain...
