Concentrated east China arrivals, slow rebound in SHFE aluminum spot premiums [SMM Aluminum Spot Midday Review]

Published: Aug 19, 2026 17:55

Save

SMM, August 19:

The center of SHFE aluminum 2609 contract futures moved lower today compared with the same period yesterday. Continued arrivals in east China fueled active selling sentiment, making it difficult for spot discounts in the region to narrow significantly. Today, spot premiums for A00 aluminum ingot were transacted at discounts of 40 yuan/mt to parity.

SHFE aluminum futures pulled back, but trading sentiment in the central China market remained sluggish. With the deepening off-season, buying sentiment among downstream processing enterprises stayed low. Against the backdrop of falling aluminum prices, suppliers showed a strong willingness to hold prices firm, but overall trading volume was low. Ultimately, the actual transaction price range in the central China market centered around discounts of 90-120 yuan/mt against the SHFE aluminum 09 contract.

On the inventory side, aluminum ingot inventory in major consumption areas increased by 1,000 mt MoM today, with only Wuxi showing an inventory buildup.

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

59 mins ago

SHFE Aluminum Futures Warrants Down 2,393 mt, Decline by 22.33% Over a Month

[SMM Aluminum Flash] On August 19, SHFE aluminum futures warrants stood at 290,536 mt, down 2,393 mt from the previous trading day; over the past week, SHFE aluminum futures warrants decreased by 12,632 mt, a decline of 4.17%; over the past month, SHFE aluminum futures warrants decreased by 83,513 mt, a decline of 22.33%.

59 mins ago

1 hour ago

LME Aluminum Inventory Remains Unchanged at 246,900 mt, Down 11.74% Over the Past Month

[SMM Aluminum Flash] On August 19, LME aluminum inventory stood at 246,900 mt, unchanged from the previous day; over the past week, LME aluminum inventory decreased by 4,775.00 mt, a decline of 1.90%; over the past month, LME aluminum inventory decreased by 32,900 mt, a decline of 11.74%.

1 hour ago

Andromeda Metals Produces 4N High-Purity Alumina, Commences Pilot Plant Operations in South Australia

Andromeda Metals has successfully produced 4N high-purity alumina (purity of at least 99.99%) at laboratory scale using refined kaolinite from its Great White project and a proprietary processing route. Building on this, the company has completed the commissioning of its pilot plant in South Australia and officially commenced optimization and testing activities. The pilot plant is expected to produce commercial samples of 4N high-purity alumina in H2 2026 for potential clients, supporting their evaluation of the material and advancing Andromeda’s broader commercialization plan.

1 hour ago