Futures: The most-traded SHFE aluminium contract opened at RMB 24,240 per tonne in the night session on September 4, with a high of RMB 24,355 per tonne, a low of RMB 24,220 per tonne, and a close of RMB 24,320 per tonne, up 0.12 per cent from the previous close. Futures stabilised and rebounded,...
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...
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Futures market: Overnight, the most-traded alumina 2509 futures contract opened at RMB 3,191 per tonne, with a high of RMB 3,228 per tonne, a low of RMB 3,153 per tonne, and closed at RMB 3,199 per tonne, down RMB 30 per tonne or 0.94 per cent, with open interest at 393,000 lots. Image for...
Today, SHFE aluminium fluctuated in the morning session, with its centre moving higher. From the perspective of the spot market performance, destocking exceeded expectations, providing support for local spot premiums. Amid high aluminium prices, downstream purchase willingness declined, while...
Today, SHFE aluminium fluctuated in the morning session, with its centre moving higher. From the perspective of spot market performance, social inventory destocking provided support for local spot premiums. Downstream enterprises purchased aluminium as needed amid high aluminium prices. Image for...
This week, the price of domestic bauxite in Guizhou fell by RMB 30 per tonne, mainly due to alumina refineries driving down prices when purchasing bauxite. Image source: https://www.earth.com/ As of today, in Shanxi, the transaction price of bauxite with an Al/Si ratio of 5.0 and 60 per cent...
Recently, news has been circulating widely in the market that an energy giant has established aluminium positions exceeding 1 million tonnes on the London Metal Exchange (LME). The scale of this position is staggering—as of May 15, LME aluminium inventory stood at only 397,300 tonnes (with Rusal...
Today, spot primary aluminium prices rose by RMB 140 per tonne compared to the previous trading day. SMM A00 aluminium ingot prices closed at RMB 20,350 per tonne. Today, spot primary aluminium prices rose by RMB 140 per tonne compared to the previous trading day. SMM A00 aluminium ingot prices...
They say "Old is Gold". Well, this is indeed true for the brands in question as Rio Tinto and Sumitomo Metal Mining (SMM), who are old allies since 2000, have signed a definitive agreement for conducting the Winu Project joint venture. The striking partnership between the two firms emerged for...
On May 13, SMM A00 aluminium was quoted at RMB 20,010 per tonne, up RMB 200 per tonne from the previous trading day, with a RMB -20 per tonne spread against the May contract, down RMB 20 per tonne from the previous trading day. On the same day, SMM A00 aluminium (Foshan) was quoted at RMB 19,930...
Impacted by the US reciprocal tariff, the most-traded SHFE aluminium contract began a sharp decline from above the RMB 20,000 threshold in early April, and then continued to oscillate within the range of RMB 19,000-20,000 per tonne. In April (calendar month), the SMM average spot aluminium price...
According to SMM data, China's metallurgical-grade alumina production in April 2025 (30 days) decreased by 6.17 per cent M-o-M but increased by 6.31 per cent Y-o-Y. As of the end of April, China's existing capacity of metallurgical-grade alumina was around 109.22 million tonnes, with the actual...
According to SMM statistics, domestic aluminium production in April 2025 (30 days) increased by 2.6 per cent Y-o-Y but decreased by 2.9 per cent M-o-M. The proportion of liquid aluminum in the domestic aluminum industry fluctuated slightly in April, with the monthly industry proportion of liquid...
Futures market: Before the holiday, the most-traded SHFE aluminium 2506 contract opened at RMB 20,035 per tonne, with a high of RMB 20,035 per tonne, a low of RMB 19,900 per tonne, and closed at RMB 19,910 per tonne, down 0.65 per cent. Trading volume was 73,500 lots, and open interest was 184,000...
Driven mainly by pre-holiday restocking demand, and with the slower pace of arrivals since the second half of April, coupled with the temporary end of disruptions from imported supplies, the destocking of domestic aluminium ingot inventory accelerated again by the end of April, approaching the...
In line with market development trends, SMM Information & Technology Co., Ltd. (SMM) meticulously organised the selection of the Top 20 High-Quality Suppliers in China's Secondary Aluminium Industry. The event aimed to identify a group of aluminium scrap suppliers and secondary aluminium alloy...
As of Thursday this week, the SMM Alumina Index stood at RMB 2,895.93 per tonne, up RMB 4.29 per tonne W-o-W from last Thursday. In Shandong, prices were reported at RMB 2,820-2,880 per tonne, down RMB 10 per tonne W-o-W from last Thursday. In Henan, prices were reported at RMB 2,870-2,930 per...
In 2026, the release of production from already commissioned projects and the commissioning of new projects are expected to further increase the supply of imported bauxite in China. China's bauxite supply is expected to shift to a surplus, with prices fluctuating around USD 70 per tonne. On the...
On April 30, SMM A00 aluminium was quoted at RMB 20,060 per tonne, up RMB 40 per tonne from the previous trading day, with a discount of RMB 10 per tonne against the May contract, down RMB 10 per tonne from the previous trading day. On April 30, SMM A00 aluminium (Foshan) was quoted at RMB 19,980...
Today, SHFE aluminium futures fluctuated in the morning session after a significant pullback earlier. Near 10 am, the futures market surged rapidly, approaching RMB 20,000 per tonne. In the spot market, trading conditions differed between eastern China and central China. Specifically, in eastern...
