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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Futures: The most-traded SHFE aluminium 2609 contract closed at RMB 23,745 per tonne rose by RMB 20 compared to yesterday's settlement price, a gain of 0.08 per cent, opened at RMB 23,800 per tonne during the session, and fluctuated within a range of 23,715 to RMB 23,840 per tonne. The price traded...
Futures: The most-traded SHFE aluminium 2609 contract closed at RMB 23,730 per tonne, up RMB 145 or 0.61 per cent from the previous day’s settlement price. It opened at RMB 23,620 per tonne during the day and fluctuated in a range of RMB 23,535–23,755 per tonne. The price traded above MA5...
The SHFE aluminium 2608 contract opened at RMB 23,400 per tonne today, reached a high of RMB 23,665 per tonne, hit a low of RMB 23,400 per tonne, and closed at RMB 23,625 per tonne, down RMB 10 per tonne or 0.04 per cent from the previous trading day. Trading volume was 12,000 lots, open interest...
Futures: The most-traded SHFE aluminium 2609 contract closed at RMB 23,665 per tonne, unchanged from the previous day's settlement price, with a change of 0.00 per cent. The intraday opening was RMB 23,600 per tonne, and it fluctuated within a range of RMB 23,550-23,695 per tonne. The price traded...
According to SMM statistics, total outside-China aluminium production in July 2026 fell 6.7 per cent Y-o-Y, mainly due to a Y-o-Y decline in operating rates at Middle East aluminium smelters. Outside-China daily average production rebounded 1.6 per cent M-o-M, mainly driven by ongoing production...
China’s overall aluminium processing PMI for July registered 42.2 per cent, a sharp pullback of 4.4 percentage points M-o-M, with all sub-sectors in contraction territory. Aluminium plate/sheet and strip (44.8 per cent), aluminium foil (39.0 per cent), construction extrusion (39.7 per cent),...
PV aluminium extrusion: This week, according to feedback from PV frame enterprises in the survey sample, industry operating rates remained stable overall. According to SMM, China’s module scheduled production was ~38.5 GW in July, and is expected to edge up M-o-M to 39.3 GW in August. Underpinned...
Macro perspective The US Fed announced on Wednesday that it held rates steady at 3.50 per cent-3.75 per cent, marking the fifth consecutive meeting with no change. According to the CME FedWatch Tool, after the Fed’s decision, the probability of rates remaining unchanged in September and October...
According to SMM statistics, China's aluminium production in July 2026 (31 days) increased 1.6 per cent Y-o-Y; and 3.5 per cent M-o-M. Domestic demand was weak, and combined with a pullback in export orders for some downstream products, all industry chain segments were under pressure; however,...
Futures: The most-traded SHFE aluminium contract opened at RMB 23,650 per tonne in the night session on July 30, with a high of RMB 23,725 per tonne, a low of RMB 23,630 per tonne, and finally settled at RMB 23,720 per tonne, up 0.40 per cent from the previous close. During this period, prices...
Today, the most-traded SHFE aluminium 2609 contract closed at RMB 23,625 per tonne, up 240 yuan, or 1.03 per cent. Trading volume was 209,579 lots, and open interest was 250,601 lots, with a daily decrease of 3,175 lots. Capital clearly exited, with both bulls and bears reducing positions to lock...
Market: The most-traded SHFE aluminium contract opened at RMB 23,455 per tonne during the night session on July 29, hit a high of RMB 23,510 per tonne, a low of RMB 23,420 per tonne, and finally closed at RMB 23,480 per tonne, up 0.11 per cent from the previous close. During this session, the price...
In early trading, the operating centre of the SHFE aluminium 2608 contract was higher than the same period of the previous trading day. Affected by weak end-use demand, overall market purchasing today was mainly for essential restocking. Due to the rise in aluminium prices, some traders showed...
Futures: The most-traded SHFE aluminium contract opened at RMB 23,190 per tonne in the night session on July 28, reached a high of RMB 23,535 per tonne, a low of RMB 23,130 per tonne, and settled at RMB 23,445 per tonne, up 0.97 per cent from the previous close. During this period, prices surged on...
The most-traded SHFE aluminium 2609 contract closed at RMB 23,220 per tonne today, up RMB 45 or 0.19 per cent intraday. Trading volume was 194,176 lots, open interest was 251,435 lots, up 268 lots on the day, indicating some new positions were added. There were signs of mild long-short battle in...
Futures: The most-traded SHFE aluminium contract opened in the night session on July 27 at RMB 23,255 per tonne, hit a high of RMB 23,320 per tonne, a low of RMB 23,230 per tonne, and closed at RMB 23,275 per tonne, up 0.34 per cent from the previous close. During this period, prices inched higher...
The most-traded SHFE aluminium 2609 contract closed at RMB 23,195 per tonne today, down RMB 25 for a 0.11 per cent decline. Trading volume stood at 133,450 lots, with open interest at 251,167 lots, a daily decrease of 1,858 lots as open interest edged lower, reflecting signs of minor position...
Futures: In the night session on July 24, the most-traded SHFE aluminium contract opened at RMB 23,195 per tonne, reached a high of RMB 23,220 per tonne and a low of RMB 23,105 per tonne, and finally closed at RMB 23,205 per tonne, down 0.09 per cent from the previous settlement. During this...
