SHFE Aluminum Futures Sideways, Central China Market Sluggish Amid Low Restocking Interest

Published: Sep 21, 2026 11:25

Save

Today, SHFE aluminum futures moved sideways with adjustments, while trading sentiment in the central China market remained sluggish. At the start of the week, downstream processing enterprises showed limited willingness to restock, having already made substantial purchases at previously low prices, which drove current market quotes lower. Additionally, with the holiday approaching, suppliers tended to reduce inventory and showed little inclination to hold prices firm, with only some major players maintaining high premiums. Ultimately, actual transaction prices in the central China market were around a discount of 70-100 yuan/mt against the SHFE aluminum October contract.

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

1 hour ago

Aug Unwrought Aluminum Alloy Imports Continued to Recover MoM, Export Growth Narrowed [SMM Analysis]

[SMM Analysis]Overall, aluminum alloy imports rose MoM for the second consecutive month in August, with import volumes continuing to recover, though they remained basically flat YoY. Exports, while still posting strong YoY growth, pulled back MoM for the second straight month, suggesting that the earlier high-growth momentum in exports has weakened somewhat.

1 hour ago

China's Secondary Aluminum Alloy Ingots Inventory Rises 28 MT to 12,720 MT

[SMM Aluminum Flash] The daily inventory of secondary aluminum alloy ingots in the three major consumption regions in China was reported at 12,720 mt today, an increase of 28 mt from the previous trading day.

1 hour ago

2 hours ago

Destocking continues as the holiday approaches, aluminum prices continue to consolidate at highs [SMM Aluminum Morning Meeting Summary]

[Destocking continues as the short holiday approaches, aluminum prices continue to consolidate at highs] Overall, aluminum prices are expected to continue to consolidate at highs in the short term.

2 hours ago