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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On the previous trading day's night session, the most-traded SHFE aluminium 2506 contract opened at RMB 19,950 per tonne, with a high of RMB 19,995 per tonne, a low of RMB 19,920 per tonne, and closed at RMB 19,970 per tonne, down RMB 60 per tonne or 0.30 per cent from the previous close. LME...
SHFE aluminium fluctuated in the morning session, trading above RMB 20,000 per tonne during the first trading period. In the spot market, trading in eastern China and central China was moderate, mainly due to increased spot market supply and aluminium prices returning to RMB 20,000 per tonne, which...
On April 24, SMM A00 aluminium was quoted at RMB 19,980 per tonne, up RMB 70 per tonne from the previous trading day, with a premium of RMB 10 per tonne against the May contract, down RMB 10 per tonne from the previous trading day. On April 24, SMM A00 aluminium (Foshan) was quoted at RMB 19,930...
Futures: In the night session, the most-traded alumina 2509 contract opened at RMB 2,811 per tonne, with a high of RMB 2,824 per tonne, a low of RMB 2,787 per tonne, and closed at RMB 2,814 per tonne, down RMB 17 per tonne, a decrease of 0.61 per cent, with an open interest of 219,000 lots. Ore: As...
According to data from the General Administration of Customs, China's exports of unwrought aluminium and aluminium products reached 506,000 tonnes in March 2025, showing a year-on-year slight decrease of 1.17 per cent but a significant month-on-month increase of 24.02 per cent. Cumulative exports...
On Monday, the most-traded SHFE Aluminium contract closed at RMB 19,685 per tonne, up 0.31 per cent. LME Aluminium rose 0.51 per cent, closing at USD 2,369 per tonne. The average spot price by SMM was RMB 19,760 per tonne, up RMB 180 per tonne, with a discount of RMB 10 per tonne. The average spot...
Alumina was in the doldrums, with the AO2505 contract closing at RMB 2,816 per tonne overnight, down 0.81 per cent, and open interest decreased by 744 lots to 132,000 lots. SHFE aluminium was also in the doldrums, with the AL2505 contract closing at RMB 19,680 per tonne overnight, down 0.18 per...
According to the SMM survey, the operating rate of the secondary aluminium industry in March 2025 rebounded significantly by 10.5 percentage points MoM to 43.9 per cent, but declined by 4.4 per cent Y-o-Y. With the fading of holiday factors, increased working days, and seasonal recovery in demand,...
According to SMM statistics, domestic aluminium production in March 2025 (31 days) increased by 3.7 per cent Y-o-Y and 11.2 per cent M-o-M. Domestic aluminium operating capacity increased M-o-M, mainly due to the gradual resumption of production at aluminium smelters, with some resumptions in...
According to SMM data, China's metallurgical-grade alumina production in March 2025 (31 days) increased by 8.86 per cent M-o-M and 11.32 per cent Y-o-Y. As of the end of March, China's metallurgical-grade alumina existing capacity was around 105.02 million tonnes, with actual operating capacity...
Futures market: During the night session, the most-traded alumina 2505 contract opened at RMB 2,937 per tonne, with a high of RMB 2,957 per tonne, a low of RMB 2,921 per tonne, and closed at RMB 2,950 per tonne, up RMB 14 per tonne, or 0.47 per cent, with an open interest of 201,000 lots. Ore side:...
Approaching the end of March, domestic aluminium ingot inventory plummeted by 25,000 tonnes mid-week, nearing the 800,000 tonnes mark. According to SMM statistics, on March 27, the inventory of aluminium ingots in major domestic consumption areas was 802,000 tonnes, with 676,000 tonnes being...
SHFE aluminium opened higher this morning but then fluctuated and dropped back slightly. The spot market was stimulated by continued destocking, coupled with insufficient arrivals, leading suppliers to stand firm on quotes and narrowing spot discounts. Downstream purchasing was generally as needed,...
SMM Alumina Morning Comment 3.25 Futures: The most-traded 2505 alumina contract opened at RMB 3,075 per tonne, reached a high of RMB 3,015 per tonne, a low of RMB 3,069 per tonne, and closed at RMB 3,074 per tonne, up RMB 1 per tonne or 0.04 per cent. Open interest was 214,000 lots. Ore: As of...
Today, the most-traded SHFE aluminium 2505 contract opened at RMB 20,650 per tonne, with a high of RMB 20,770 per tonne, a low of RMB 20,570 per tonne, and closed at RMB 20,705 per tonne, up 0.27 per cent. Trading volume was 10,600 lots, and open interest was 240,000 lots. Image for...
Today, the most-traded alumina 2505 contract opened at RMB 3,130 per tonne, with a high of RMB 3,152 per tonne, a low of RMB 3,100 per tonne, and closed at RMB 3,114 per tonne, down 0.48 per cent. The trading volume was 75,000 lots, and the open interest was 217,000 lots. SMM Comments: Recently,...
Futures market: In the night session, the most-traded alumina 2505 contract opened at RMB 3,137 per tonne, with a high of RMB 3,147 per tonne and a low of RMB 3,121 per tonne, finally closing at RMB 3,125 per tonne, down RMB 22 per tonne or 0.69 per cent. Open interest stood at 217,000 lots. Ore...
Today, the most-traded SHFE aluminium 2504 contract opened at RMB 20,905 per tonne, with a high of RMB 20,925 per tonne, a low of RMB 20,615 per tonne, and closed at RMB 20,845 per tonne, down 0.12 per cent. Trading volume was 17 lots, and open interest was 172,000 lots. SMM Comments: On the macro...
