This week, domestic aluminium scrap prices in China remained largely stable, with some slight increases. Although primary aluminium prices rose notably, aluminium scrap struggled to catch up, and the price difference between A00 aluminium and aluminium scrap stayed high. In terms of prices, as of...
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...
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Futures: The most-traded cast aluminium alloy 2601 futures contract opened at RMB 21,300 per tonne overnight, hit a high of RMB 21,395 per tonne, touched a low of RMB 21,105 per tonne, and finally closed at RMB 21,190 per tonne, down RMB 45 per tonne. Trading volume was 14,228, a decrease of 8,550...
Key Takeaways from AICE 2025 SMM (14th) Aluminium Industry Annual Conference. On October 17, the AICE 2025 SMM (14th) Aluminium Industry Annual Conference, hosted by SMM Information & Technology Co., Ltd. (SMM), successfully concluded in Zhengzhou, Henan! On October 17, the AICE 2025 SMM (14th)...
Futures: The most-traded cast aluminium alloy 2601 contract opened at RMB 21,300 per tonne overnight, hit a high of 21,395 per tonne, touched a low of RMB 21,205 per tonne, and finally closed at RMB 21,225 per tonne, down RMB 10 per tonne or 0.05 per cent. Trading volume was 6,905, and open...
Futures: The most-traded cast aluminium alloy contract 2602 opened at RMB 21,080 per tonne overnight, hit a high of RMB 21,135 per tonne and a low of RMB 21,030 per tonne, and finally closed at RMB 21,130 per tonne, up RMB 20 per tonne, or 0.09 per cent, from the previous trading day. Bears mainly...
On November 26, the Shanghai Metals Expo (SME) 2025, organised by Shanghai Metals Market, wrapped up successfully in Shanghai! During the conference, 1,000+ global industry leaders and experts conducted in-depth discussions on key issues across the entire metals industry chain, covering core...
Secondary aluminium raw materials: The domestic aluminium scrap market fluctuated in tandem with primary aluminium this week, with the price center hovering at highs. As of December 18, the SMM A00 aluminium price closed at RMB 21,730 per tonne, down RMB 160 per tonne W-o-W. Image source:...
For aluminium ingots in South China, the average SMM A00 aluminium (Foshan) price on December 17 was RMB 21,640 per tonne, up RMB 120 per tonne on the day, at a discount of RMB 215 per tonne against the front-month contract, widening by RMB 5 per tonne from the previous day. Image for reference...
SMM's monthly aluminium and alumina production data is released at the end of each month, aiming to uncover the true fundamentals and help industry chain participants and investors gain a clearer grasp of the future direction of the non-ferrous metal market. Image for reference only (source:...
Futures: On Friday night, the most-traded cast aluminium alloy 2602 contract opened at RMB 21,080 per tonne, surged to a high of RMB 21,170 per tonne, then quickly fell to a low of 20,630 per tonne, and finally closed at RMB 20,875 per tonne, down RMB 240 per tonne or 1.14 per cent W-o-W. Bears...
SHFE aluminium December contract fluctuated upward in the morning session, but the absolute price pulled back compared with the previous trading day. Market transaction sentiment recovered in East China, with downstream maintaining just-in-time procurement, while traders actively made purchases....
Mixed trends in supply and demand! Domestic aluminium billet supply-side operating performance remained generally stable in November, with the final production figure meeting off-season expectations. As the September-October peak season concluded, some aluminium billet enterprises planned ahead to...
The weekly operating rate of leading domestic aluminium downstream processing enterprises fell 0.4 percentage points w-o-w to 61.9 per cent, with the market continuing to show structural divergence. The operating rate of primary aluminium alloy remained stable at 60.2 per cent, as long-term...
Futures: The most-traded cast aluminium alloy 2602 contract opened higher overnight, hitting a high of RMB 21,200 per tonne before pulling back, then fluctuated upward and closed at RMB 21,175 per tonne, up 0.5per cent from the previous close. It has shown an upward trend with fluctuations...
This week, with the tender price for aluminium fluoride set by a leading downstream enterprise, the market received guidance, and overall prices rose. As of now, SMM aluminium fluoride prices closed at RMB 10,200-10,500 per tonne, and SMM cryolite was quoted at RMB 7,400-9,000 per tonne. Raw...
According to SMM data, the average tax-inclusive full cost for China's aluminium industry in November 2025 was RMB 16,057 per tonne, up 1.1 per cent m-o-m but down 21 per cent y-o-y. This was mainly due to a smaller-than-expected drop in the monthly average alumina price during the period, coupled...
Futures: On Friday night, the most-traded cast aluminium alloy 2601 contract opened at RMB 20,615 per tonne, fluctuated between RMB 20,535-20,865 per tonne, and finally closed at RMB 20,715 per tonne, up RMB 120 per tonne or 0.58 per cent from the previous trading day. In the KDJ indicator, the...
In the aluminium industry chain, traders serve not only as the "lubricant" connecting the smelting end with the consumption end, but also as the "buffer" balancing market supply and demand, and even as the "catalyst" driving industrial upgrading. In 2025, China's aluminium industry entered a...
According to SMM statistics, domestic aluminium production in November 2025 (30 days) increased 1.47 per cent YoY, but decreased 2.82 per cent MoM. Starting in November, aluminium gradually transitioned from peak consumption season to off-season, downstream operating rates showed a downward trend,...
