SHFE Aluminum Prices Rise, Market Procurement Sentiment Weakens

Published: Jul 30, 2026 11:26

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[SMM SHFE Aluminum Spot] In early trading, the trading center of the SHFE aluminum 2608 contract was higher than the same period of the previous trading day. The rise in aluminum prices caused a notable decline in market procurement sentiment. During the day, some suppliers quoted at around parity against the SHFE aluminum 2608 contract, and market price acceptance remained weak. Mainstream transaction prices mainly ranged from a discount of 10 yuan/mt against the SHFE aluminum 2608 contract to parity with it. In east China, the shipment sentiment index today was 3.13, down 0.03 from the previous trading day; the procurement sentiment index was 2.90, down 0.10 from the previous trading day.

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