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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After the energy crisis in the 1970s, Japan's aluminium industry rapidly contracted, with annual capacity shrinking from a peak of 1.5 million tonnes to less than 10,000 tonnes per year. Japan's aluminium supply relies mainly on imports, with the majority of its aluminium demand being met through...
The SHFE aluminium December contract mainly fluctuated upward in the morning session. In east China, holders offered near the SMM average price at the opening, but with concentrated selling and ample spot supply in the market, buyers preferred discounted transactions. Actual transaction prices were...
Futures: The most-traded cast aluminium alloy 2601 contract opened at RMB 20,930 tonne overnight, fell to a low of RMB 20,810 tonne, and finally closed at RMB 20,850 tonne, down RMB 140 tonne or 0.67 per cent from the previous close. Trading volume was 2,285, and open interest was 13,554. The price...
According to SMM statistics, China's total aluminium rod production in October 2025 was 381,000 tonnes, down 4,000 tonnes from September. The operating rate of manufacturers was recorded at 53.56 per cent, down 2.28 percentage points m-o-m and 7.44 percentage points Y-o-Y. The production cuts...
SHFE aluminium fluctuated in the morning session, hovering around RMB 21,570 per tonne. In East China, high absolute prices dampened end-users' buying sentiment, with sporadic transactions concluded at a small discount to the SMM average price. However, as the price spread between futures contracts...
Futures: The most-traded cast aluminium alloy AD2601 futures contract opened at RMB 21,090 per tonne overnight, rose to RMB 21,165 per tonne in early trading, then pulled back, and finally closed at RMB 20,965 per tonne, down slightly by 0.05per cent, showing a fluctuating trend of "retreat after...
According to SMM data, the average tax-inclusive full cost of China's aluminium industry in October 2025 was RMB 15,889 per tonne, down 1.8 per cent M-o-M and 13.3 per cent Y-o-Y, mainly due to the decline in the average monthly spot alumina price during the period, leading to lower costs. SMM data...
Futures: On Friday night, the most-traded cast aluminium alloy AD2601 futures contract opened at RMB 20,920 per tonne, reached a high of RMB 20,985 per tonne, a low of RMB 20,875 per tonne, and finally closed at RMB 20,965 per tonne, up RMB 160 per tonne or 0.77 per cent from the previous closing...
Driven by the September peak season, primary alloy saw active production scheduling, sustained domestic demand recovery, and significant inventory drawdowns, though enterprises remained cautious about capacity expansion. Secondary alloy benefited from resilient downstream automotive demand, with...
In October, the aluminium processing composite PMI fell 6.8 per cent points m-o-m to 48.9 per cent, dropping below the 50 mark. PMIs for most aluminium processing sectors declined significantly into contraction territory, mainly due to weakening end-use demand and high aluminium prices suppressing...
According to SMM statistics, domestic aluminium production in September 2025 (30 days) increased by 1.14 per cent Y-o-Y but decreased by 3.18 per cent M-o-M. As September entered the traditional peak season, the proportion of liquid aluminium at domestic aluminium smelters rebounded slightly, with...
SHFE aluminium bottomed out in the morning session. In the first trading period, SHFE aluminium fluctuated downward, falling from around RMB 20,250 per tonne to about RMB 20,200 per tonne. In the second trading period, it rebounded to around RMB 20,280 per tonne. In East China, the absolute high...
Futures: The most-traded cast aluminium alloy ad2512 futures contract opened at the day's low of RMB 20,540 per tonne overnight, then fluctuated upward to hit a high of RMB 20,690 per tonne, and finally closed at RMB 20,680 per tonne, up RMB 105 per tonne or 0.51per cent from the previous close....
Futures: The most-traded cast aluminium alloy ad2512 contract opened at the day's high of RMB 20,735 per tonne overnight, hit a low of RMB 20,580 per tonne, and closed at RMB 20,680 per tonne, down RMB 35 per tonne or 0.17 per cent from the previous close. Trading volume was 989 lots, and open...
According to SMM data, China's metallurgical-grade alumina production in September 2025 (30 days) increased by 1.52 per cent M-o-M and 10 per cent Y-o-Y. By the end of September, China's existing metallurgical-grade alumina capacity was about 110.32 million tonnes, and the actual operating capacity...
On October 17, the AICE 2025 SMM (14th) Aluminum Industry Annual Conference, hosted by SMM Information & Technology Co., Ltd. (SMM), successfully concluded in Zhengzhou, Henan. The conference brought together renowned experts, scholars, and prominent enterprise leaders from the global aluminium...
Futures: The most-traded cast aluminium alloy 2512 contract opened at RMB 20,705 per tonne overnight, hit a high of RMB 20,760 per tonne and a low of RMB 20,680 per tonne, and closed at RMB 20,705 per tonne, up RMB 80 per tonne or 0.39 per cent from the previous close. Trading volume was 3,107...
Futures: The most-traded cast aluminium alloy 2512 contract opened at RMB 20,460 per tonne overnight, hitting a high of RMB 20,515 per tonne and a low of RMB 20,435 per tonne, before closing at RMB 20,435 per tonne, down RMB 25 per tonne, or 0.12 per cent, from the previous close. Trading volume...
