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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The SHFE aluminium 2608 contract opened at RMB 22,850 per tonne, reached a high of RMB 23,080 per tonne, dipped to a low of RMB 22,785 per tonne, and closed at RMB 22,940 per tonne, up RMB 105 per tonne or 0.46 per cent from the previous trading day. Trading volume was 146,200 lots and open...
Futures: The most-traded SHFE aluminium contract opened at RMB 22,850 per tonne in the night session on July 6, reached a highest price of RMB 22,950 per tonne, a lowest price of RMB 22,790 per tonne, and finally closed at RMB 22,900 per tonne, up 0.07 per cent from the previous close. During this...
The SHFE aluminium 2606 contract traded with its centre higher than the previous trading day’s corresponding level in the morning session. Pressured by rising aluminium prices, selling sentiment improved from the previous day, but buying sentiment was relatively soft, as some downstream players had...
The most-traded SHFE aluminium contract opened at RMB 22,685 per tonne in the night session on July 3, with a high of RMB 22,830 per tonne, a low of RMB 22,685 per tonne, and closed at RMB 22,795 per tonne, down 0.20 per cent from the previous settlement. This session saw a rebound from lows,...
In early June, according to public information, the Kazakh Prime Minister met with the Vice Chairman of Xinfa Group. Xinfa expected that, based on its entire industry chain industrial park construction plan, the project will create a highly integrated production system, achieving full chain...
According to SMM statistics, on July 2, aluminium billet inventory in major domestic consumption areas fell to 130,000 tonnes, down 4,000 tonnes from last Monday and 10,000 tonnes from last Thursday, with the pace of destocking visibly accelerating. On a year-over-year basis, it was down 23,500...
Futures: SHFE aluminium closed at RMB 22,510 per tonne, edging up 0.09 per cent. The price remained below the MA5 (22,580) and all medium and long-term moving averages, with the bearish alignment of the moving average system continuing, but it has moved sideways around 22,500 for two consecutive...
In the early session, the trading centre of the SHFE aluminium 2606 contract was higher than the same period of the previous trading day. Market warrant supply continued to flow out, and overall circulating spot supply was loose. Downstream saw only sporadic restocking, and with bearish sentiment...
Futures: SHFE aluminium closed at RMB 22,485 per tonne yesterday, unchanged. The price barely held at the MA5 (22,485) but remained well below the MA10 (23,155), MA30 (23,943.67), and MA60 (24,383.33). The bearish alignment of moving averages persisted, with the price finding temporary MA5 support...
In morning trading, the operating centre of the SHFE aluminium 2606 contract was lower than the same period on the previous trading day. Affected by low aluminium prices, some sellers continued to hold back from selling. Downstream just-in-time procurement demand, combined with bearish sentiment,...
Futures: SHFE aluminium daytime session closed at RMB 22,610 per tonne, edging up 0.11 per cent. The price is far below all key moving averages (MA5 ≈ 22,876, MA10 ≈ 23,323.5, MA30 = 24,021.67, MA60 = 24,425.75), with the moving average system in a bearish alignment and diverging, keeping the weak...
According to SMM statistics, China's aluminium production in June 2026 (30 days) rose 2.2 per cent Y-o-Y and fell 3.1 per cent M-o-M. Although weak domestic demand dragged down various sectors broadly under pressure, export demand for aluminium semis provided effective support for domestic liquid...
SHFE aluminium settled at RMB 22,515 per tonne, plunging 2.19 per cent, with an intraday fluctuation range of 22,455–22,990. The price was well below all key moving averages (MA5=22,985, MA10≈23,622, MA30=24,085.5, MA60=24,460.67), with the moving average system in a bearish alignment and...
Futures: SHFE aluminium closed at RMB 23,115 per tonne last Friday, up 0.81 per cent, with intraday fluctuations within 22,890-23,190. Prices are far below all key moving averages (MA5=23,119, MA10=23,622, MA30=24,149, MA60=24,501.5). The moving averages are in a bearish alignment and diverging at...
With the continued expansion of aluminium processing and downstream industries in Southeast Asia, regional aluminium billet production, consumption and trade markets have attracted growing attention. Malaysia, Thailand and Vietnam are not only important aluminium billet production and consumption...
This week, the operating rate at China's leading downstream aluminium processing enterprises came in at 63 per cent, down 0.4 percentage points M-o-M. Weighed down by the deepening seasonal off-season across the sector, downstream purchase willingness was broadly subdued, and operating rates across...
During morning trading, the centre of SHFE aluminium 2606 contract was higher than the same period of the previous trading day. Impacted by the rise in aluminium prices and yesterday's restocking, overall procurement sentiment weakened today. However, supported by sellers' willingness to hold...
Futures: The most-traded SHFE aluminium 2608 contract closed at RMB 22,935 per tonne, down RMB 40 or 0.17 per cent from the previous settlement price. It opened at RMB 22,950 per tonne and fluctuated between RMB 22,810 and 23,030 per tonne. The price is trading below the MA5 (23,389.00), MA10...
