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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According to customs data, China's prebaked anode exports in July 2026 totalled 211,700 tonnes, up 21.86 per cent Y-o-Y and down 24.40 per cent M-o-M. In terms of price, the average export price of prebaked anode in July was approximately USD 1,031.80 per tonne, up 24.94 per cent Y-o-Y and up 12.34...
Aluminium scrap: This week, domestic aluminium scrap prices in China followed the primary aluminium pullback, showing a pattern of high-level weakness. However, cost support remained, limiting the decline. On August 20, SMM A00 spot aluminium ingot prices closed at RMB 23,600 per tonne, down RMB...
This week, China’s social inventory of cast aluminium alloy ingots recorded 28,100 mt, up 2,500 mt WoW, marking the second consecutive week of inventory buildup, with the buildup magnitude further widening from last week. Currently in the demand off-season, downstream purchase willingness is low,...
US retail sales and consumer confidence data weakened in July, and corporate inflation expectations pulled back slightly. Adjustments in overseas US Treasury operations, a consolidating US dollar, and expectations for US Fed interest rate cuts repeatedly disrupted the base metals sector. CME data...
According to SMM statistics, as of August 20, aluminium billet inventory in China's major consumption areas recorded 143,000 tonnes, with an inventory buildup of 500 tonnes from last Monday and 6,000 tonnes from last Thursday, maintaining a continuous buildup pace. Compared with the same period,...
Futures: The most-traded SHFE aluminium contract opened at RMB 23,500 per tonne in the night session on August 20, hit a high of RMB 23,615 per tonne and a low of RMB 23,465 per tonne, and closed at RMB 23,520 per tonne, down 0.32 per cent from the previous settlement. Dragged by the LME's...
On July 31, 2026, the European Commission published Implementing Regulation (EU) 2026/1740, correcting a number of default values, production-route indicators and product-code entries under the Carbon Border Adjustment Mechanism (CBAM). The corrections apply retroactively from January 1, 2026,...
Futures: The most-traded SHFE aluminium contract opened at RMB 23,655 per tonne in the night session on August 19, hit a high of RMB 23,720 per tonne, a low of RMB 23,630 per tonne, and closed at RMB 23,685 per tonne, up 0.04 per cent from the previous close. After the sharp decline, futures...
Today, the centre of SHFE aluminium futures fell from the previous trading day, market shipment sentiment was relatively pronounced, and overall spot aluminium transactions shifted to discounts. Today, market transactions for A00 aluminium ingot premiums were between a discount of RMB 40 per tonne...
The centre of the SHFE aluminium 2609 contract futures moved lower today compared with the same period yesterday. Continued arrivals in east China fuelled active selling sentiment, making it difficult for spot discounts in the region to narrow significantly. Today, spot premiums for A00 aluminium...
Futures: The most-traded SHFE aluminium contract opened at RMB 24,015 per tonne in the night session on August 17, with a high of RMB 24,015 per tonne and a low of RMB 23,870 per tonne, and settled at RMB 23,935 per tonne, down 0.33 per cent from the previous close. Prices rebounded to test the MA5...
In the morning session, the SHFE aluminium 2608 contract continued to trade at elevated levels. Today was the last trading day for the SHFE aluminium 2608 contract, and the price spread between near-month contracts was contango 20-contango RMB 50 per tonne. Today, spot premiums for SHFE aluminium...
Futures: The most-traded SHFE aluminium contract opened at RMB 23,960 per tonne in the night session on August 14, with a high of RMB 24,000 per tonne and a low of RMB 23,835 per tonne, and closed at RMB 23,945 per tonne, up 0.25 per cent from the previous close. Prices pulled back to MA5...
This week, trading sentiment among domestic aluminium fluoride enterprises was moderate, and aluminium fluoride prices remained stable. As of this report, SMM mainstream aluminium fluoride quotations stood at RMB 11,200-11,800 per tonne; cryolite spot prices held steady, and SMM cryolite quotations...
Macro perspective The latest US inflation data were released. Data from the US Labour Department showed that the US July unadjusted CPI Y-o-Y growth rate slowed to 3.4 per cent, the core CPI YoY growth rate slowed to 2.5 per cent, seasonally adjusted CPI rose 0.1 per cent M-o-M, and core CPI rose...
AL Circle has joined the SMM AICE 2026 Southeast Asia Aluminium Conference as an Official Media Partner, supporting greater industry visibility and access to market developments, business opportunities, and industry connections across Southeast Asia’s evolving aluminium value chain. Through this...
Aluminium scrap: This week, China's aluminium scrap market prices consolidated in a narrow range alongside primary aluminium, and the price difference between A00 aluminium and aluminium scrap widened again as aluminium scrap struggled to catch up. On August 13, SMM A00 spot aluminium prices closed...
Domestic ore supply disruptions linger, mainstream prices remain stable Affected by coking coal-related events in Shanxi, mining at domestic bauxite main producing areas such as Shanxi and Henan was somewhat disrupted in the short term, and ore supply showed phased changes. Meanwhile, alumina...
