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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During the February cycle (February 6 to March 6), despite the increased support from raw material costs, aluminium fluoride prices still experienced a significant decline due to the impact of previous price drops and the continued weakness in downstream demand. As of now, SMM aluminium fluoride...
During the February cycle (February 6 to March 6), SMM prebaked anode prices increased significantly. The March 2025 procurement benchmark price of a certain aluminium smelter in Shandong was RMB 5,066 per tonne, up 23.26 per cent M-o-M. According to SMM, March prebaked anode export order prices...
Today, the most-traded SHFE aluminium 2504 contract opened at RMB 20,600 per tonne, with a high of RMB 20,660 per tonne and a low of RMB 20,560 per tonne, closing at RMB 20,620 per tonne, up 0.22 per cent. The trading volume was 77,000 lots, and the open interest was 183,000 lots. SMM Comments: The...
In late February, domestic aluminium inventory still showed no significant improvement, with inventory buildup remaining on the "fast track." The recent upward trend in aluminium prices has also been somewhat hindered by inventory performance. According to SMM data, as of February 24, 2025, the...
In the overnight session, the most-traded alumina 2505 futures contract opened at RMB 3,348 per tonne, reached a high of RMB 3,380 per tonne and a low of RMB 3,348 per tonne, and finally closed at RMB 3,370 per tonne, up 0.66 per cent. Open interest stood at 168,000 lots, down 5,797 lots. Regarding...
According to SMM statistics, China's aluminium production in February 2025 (28 days) increased by 0.4 per cent Y-o-Y but decreased by 95,000 tonnes M-o-M. The operating capacity of domestic aluminum increased M-o-M, mainly driven by the resumption of production at previously curtailed enterprises...
In the early trading session, SHFE aluminium front-month contract fluctuated. As it was the weekend, downstream restocking combined with active trading by traders improved the activity in the spot market today. Specifically, in East China, trading was active, and spot discounts remained unchanged...
On Friday, spot primary aluminium rose by RMB 50 per tonne compared to the previous trading day, with SMM A00 spot price closing at RMB 20,600 per tonne. Aluminium scrap market quotations fluctuated rangebound following aluminium prices. Today's concentrated quotations for baled UBC aluminium scrap...
According to SMM data, China's metallurgical-grade alumina production in February 2025 (28 days) decreased by 8.5 per cent M-o-M but was up 10.4 per cent Y-o-Y. As of February 28, China's existing metallurgical-grade alumina capacity stood at approximately 105.02 million tonnes, with operating...
Futures Market: During the night session, the most-traded alumina 2505 futures contract opened at RMB 3,347 per tonne, reached a high of RMB 3,385 per tonne, a low of RMB 3,320 per tonne, and closed at RMB 3,366 per tonne, up RMB 19 per tonne or 0.58 per cent, with an open interest of 170,000 lots....
Futures Market: Overnight, the most-traded SHFE aluminium 2504 contract opened at RMB 20,670 per tonne, hit a high of RMB 20,730 per tonne, a low of RMB 20,590 per tonne, and closed at RMB 20,600 per tonne, down RMB 135 per tonne or 0.65 per cent. Yesterday, LME aluminium opened at USD 2,677 per...
Futures market: During the night session, the most-traded alumina 2505 futures contract opened at RMB 3,400 per tonne, with a high of RMB 3,420 per tonne and a low of RMB 3,391 per tonne, eventually closing at RMB 3,402 per tonne, up RMB 18 per tonne or 0.52 per cent, with an open interest of...
According to the Shanghai Metals Market survey, the operating rate of China's primary aluminium alloy industry in January was 49.88 per cent, down 5.17 percentage points M-o-M, with a significant decline due to the Chinese New Year holiday. Based on the SMM survey, during the last week before the...
Futures: Yesterday, the SHFE aluminium 2504 contract opened at RMB 20,865 per tonne, peaked at RMB 20,895 per tonne, hit a low of RMB 20,820 per tonne, and closed at RMB 20,860 per tonne, up RMB 70 per tonne or 0.34 per cent from the previous day. LME aluminium opened at USD 2,687 per tonne,...
This morning, the SHFE aluminium front-month contract fluctuated at highs near RMB 20,750 per tonne, slightly above the daily moving average. In the East China market, aluminium prices rebounded to high levels, with market sentiment dominated by a wait-and-see approach, leading to sluggish...
Today, aluminium prices rebounded again. SMM A00 spot aluminium closed at RMB 20,690 per tonne, up RMB 90 per tonne from the previous trading day. Aluminium scrap market quotations were generally stable with slight increases. The quotation for baled UBC aluminium scrap rose by RMB 0-100 per tonne...
In the overnight session, the most-traded alumina 2505 futures contract opened at RMB 3,449 per tonne, reached a high of RMB 3,449 per tonne and a low of RMB 3,408 per tonne, and finally closed at RMB 3,420 per tonne, down 0.87 per cent. Open interest stood at 158,000 lots, an increase of 1,424...
Futures market: Yesterday, the most-traded SHFE aluminium 2504 contract opened at RMB 20,645 per tonne, reached a high of RMB 20,690 per tonne, a low of RMB 20,585 per tonne, and closed at RMB 20,660 per tonne, down RMB 50 per tonne from the previous day, with a 0.24 per cent increase. Yesterday,...
