Strong Buying Sentiment in Central China Before Dragon Boat Festival, Transactions Active but Prices Weak

Published: Jun 18, 2026 16:35
On the last day before the Dragon Boat Festival, downstream processing enterprises in central China showed strong buying sentiment. Overall market transactions were relatively active, but actual transaction prices were relatively weak. Traders holding goods tended to sell in large quantities before the festival to mitigate the risk of price changes during the holiday period. Ultimately, the actual transaction price range in the Central China market centered around a discount of 70-100 yuan/mt against the SHFE aluminum July contract.

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On the last day before the Dragon Boat Festival, downstream processing - Shanghai Metals Market (SMM)