SHANGHAI, Feb 8 (SMM) - On February 8, SHFE aluminium fluctuated upwards after opening in the morning session, hitting a high of 19,250 yuan/mt and then headed downwards. As of noon, it settled at 19,165 yuan/mt.
The spot goods were in discounts of 60 yuan/mt over SHFE 2302 in east China, flat from the prior day.
In the morning session, the discounts in Wuxi stood at 10 yuan/mt on average against the SMM A00 aluminium prices. In Gongyi, spot discounts expanded 10 yuan/mt from yesterday to about 140 yuan/mt against the SMM A00 aluminium prices.
On the whole, the purchasing demand softened and the spot discounts posted a slowdown in decline.
At present, the downstream consumption has not yet picked up significantly as buyers mainly purchased on rigid demand. The poor performance of outflows may trigger market concerns over the consumption recovery in the future.
![El precio de la alúmina retrocede tras un rápido ascenso con una consolidación de volumen decreciente; el índice spot deja de caer y repunta ligeramente; el patrón de oferta fuerte y demanda débil se mantiene sin cambios [Comentario matutino de SMM sobre la alúmina]](https://imgqn.smm.cn/usercenter/SBQYr20251217171651.jpg)
![El aluminio en la SHFE sigue subiendo; el diferencial de precios Guangdong-Shanghái atrae significativamente el traslado de mercancías [Revisión de mediodía del aluminio al contado de SMM]](https://imgqn.smm.cn/usercenter/VTjoW20251217171653.jpg)
