SHFE Aluminum 2608 Contract Trades High, Spot Premiums and Market Sentiment Improve

Published: Aug 11, 2026 16:51

Save

In the morning session, the SHFE aluminum 2608 contract continued to trade at high levels, with prices above 24,000 yuan/mt exerting some dampening effect on downstream procurement, while trading among traders was relatively active. Today, the main trading center for SHFE aluminum spot premiums was between 8-40 yuan/mt and 08-20 yuan/mt. Today, the east China market shipment sentiment index was 3.16, up 0.01 MoM, and the procurement sentiment index was 3.20, up 0.04 MoM.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

16 mins ago

[Auto Association] Delta Metal (Holdings) Limited invites you to attend SMM ASCC2026 (8th) Automotive Supply Chain Conference

16 mins ago

1 hour ago

Data: SHFE, DCE market movement (Aug 11)

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 11 Aug , 2026

1 hour ago

2 hours ago

Norsk Hydro Cuts Alumina Production by 50% in Brazil Due to Gas Supply Disruption

[SMM Aluminum Express News] Norsk Hydro has reduced alumina production at its Alunorte refinery in Brazil to 50% following disruptions to natural gas supply from CELBA, part of New Fortress Group. To mitigate the disruption, Alunorte is purchasing spot gas, seeking direct access to the Barcarena LNG receiving and regasification terminal, and pursuing alternative long-term gas supplies. Hydro said production will begin ramping back to full capacity once gas availability normalizes. Hydro estimates the disruption could negatively impact its Bauxite & Alumina business by US$75–100 million in Q3 2026, reflecting both lower alumina production and gas purchases above the contracted price. The company said the ultimate financial impact remains uncertain.

2 hours ago