SHANGHAI, Aug. 14 (SMM) – Last week, SHFE 1710 aluminum hit 16,460 yuan/tonne, its highest since April 2012, and LME aluminum touched its highest since December 2014 at $2,046.5/tonne. Where will the light metal go after recent big gains?
China Aluminum Stocks to Exceed 1.8 Million Tonnes in Q1 2018, SMM Predicts
Fading positive factors should expose aluminum prices small downward corrections this week, SMM predicts.
Massive Output Cuts Not Enough to Reverse Oversupply in China Aluminum Market, SMM Says
SHFE 1710 aluminum will fall back to 15,750-16,200 yuan/tonne, while LME aluminum will drop to $ 1,970-2,030/tonne.
In domestic spot market, spot discounts will narrow to around 100 yuan/tonne before delivery of SHFE 1708 aluminum, but will expand to about 200 yuan/tonne after the delivery.
For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.
![Los futuros de aleación de aluminio y los precios al contado cayeron conjuntamente; el ADC12 se moverá lateralmente en el corto plazo [Informe diario de precios del ADC12]](https://imgqn.smm.cn/usercenter/KXEYG20251217171725.jpg)
![El aluminio de la SHFE cayó, mejoró el sentimiento de consumo al contado [Comentario de mediodía sobre aluminio al contado de SMM]](https://imgqn.smm.cn/usercenter/GEsWk20251217171650.jpg)
![Giro intradía repentino hacia la acumulación de inventarios; la prima sufre otro golpe [SMM: Revisión diaria del aluminio al contado en el sur de China]](https://imgqn.smm.cn/usercenter/BrEfh20251217171652.jpg)
