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Top Stories

SMM

High raw material costs keep secondary aluminium prices firm
Recycled AL
Aluminium scrap: The aluminium scrap market overall fluctuated at highs this week, tracking primary aluminium price fluctuations. As of June 4, the SMM A00 spot aluminium price closed at RMB 24,120 per tonne, down RMB 20 per tonne W-o-W. On the price difference between primary metal and scrap, th ...
Cost pressure continued to Intensify, June aluminium fluoride tender price cut implemented
Alumina
This week, the aluminium fluoride tender price from downstream benchmark enterprises was finalised, and aluminium fluoride prices declined. As of now, SMM aluminium fluoride prices closed at RMB 11,280-11,700 per tonne; cryolite prices remained stable, with SMM cryolite quoted at RMB 7,000-8,500 p ...

Primary AL
Futures: The most-traded SHFE aluminium 2607 contract closed at RMB 24,310 per tonne, down 0.29 per cent. The price was running below the MA5 (24,466.00), MA10 (24,440.50), MA30 (24,582.83), and MA60 (24,674.17) moving averages. Short- and medium-term moving averages were gradually turning downwar ...
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US fed rate watch: Geopolitical tensions disrupt short-term aluminium price movement pace
Primary AL
04 Jun 2026
Futures: The most-traded SHFE aluminium 2607 contract closed at RMB 24,385 per tonne, down 1.14 per cent. The price was running below MA5 (24,472.00), MA10 (24,467.00), MA30 (24,606.67), and MA60 (24,688.67), with short- and medium-term moving averages gradually turning downward. The overall stru ...
Geopolitical uncertainties persist, domestic and international aluminium prices diverge in volatile trading
Primary AL
03 Jun 2026
Futures: The most-traded SHFE aluminium 2607 contract closed at RMB 24,775 per tonne, up 0.79 per cent. The price moved near the range of MA5 (24,503.00), MA10 (24,490.00), MA30 (24,641.50), and MA60 (24,701.33), with short- and medium-term moving averages intertwined and converging. The overall s ...
East China Gongyi market weakened, premiums under pressure
Primary AL
03 Jun 2026
During the morning session, the SHFE aluminium 2606 contract fluctuated upward, with the overall price centre rising compared to the previous trading day. Affected by higher aluminium prices, downstream purchase sentiment weakened significantly, and selling sentiment was notably higher than purcha ...
Middle East tensions disturbed aluminium market, domestic and international aluminium prices diverged in fluctuating trends as they moved sideways
Primary AL
02 Jun 2026
Futures: SHFE aluminium 2607 contract closed at RMB 24,435 per tonne, up 0.49 per cent (RMB +120 per tonne). The price is currently running near key moving averages, having risen above MA5 (24,367.00) and MA10 (24,426.00), but still below MA30 (24,654.33) and MA60 (24,698.08). The moving averages ...
Liquid aluminium proportion increased more than expectations in May, expected to edge up in June
Primary AL
01 Jun 2026
According to SMM statistics, China's aluminium production in May 2026 (31 days) was up 2.1 per cent YoY and up 3.8 per cent M-o-M. Although the pace of China's end-use demand recovery remained slow, the widening aluminium supply gap outside China significantly boosted domestic aluminium semis exp ...
China inventory continued to decline this week, aluminium prices showed LME outperforms SHFE in the short term
Primary AL
01 Jun 2026
Futures: The SHFE aluminium 2607 contract closed at RMB 24,265 per tonne, down 0.31 per cent. The price fell below the key moving average MA5 (24,375), trading below MA10 (24,426), MA30 (24,691.67), and MA60 (24,704.92). The moving averages were in a bearish alignment, indicating a clearly weak sh ...
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