Overnight, the most-traded SHFE 2307 aluminum contract closed at 17,940 yuan/mt, down 5 yuan/mt or 0.03%. LME aluminum closed at $2,228/mt, a drop of $7.5/mt or 0.67%.
It is estimated that the possibility of the Fed raising interest rates by 25 percentage points in June is about 66%, which would be the 11th consecutive interest rate hike.
Fundamentally, the domestic aluminum supply grew while demand weakened. But stockpiling by downstream producers driven by high aluminium liquid ratio and lower aluminium prices continued to reduce aluminium ingot inventories. Aluminum price may be under pressure and fluctuate around 18,000 yuan/mt.
![L'alumine recule après une hausse rapide, avec une consolidation sur des volumes en baisse ; l'indice au comptant cesse de baisser et progresse légèrement ; le schéma d'offre forte et de demande faible reste inchangé [Commentaire matinal SMM sur l'alumine]](https://imgqn.smm.cn/usercenter/SBQYr20251217171651.jpg)
![SHFE l'aluminium poursuit sa hausse, l'écart de prix Guangdong-Shanghai attire significativement les transferts de marchandises [Revue de midi de l'aluminium au comptant SMM]](https://imgqn.smm.cn/usercenter/VTjoW20251217171653.jpg)
