SHFE Aluminum Futures Decline, Central China Sees Increased Downstream Buying Interest

Published: Jun 10, 2026 11:48

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[SMM Central China Spot Aluminum Midday Review] SHFE aluminum futures prices continued to decline. Today, the buying sentiment of downstream processing enterprises in central China recovered slightly, and their willingness to purchase on dips increased somewhat. Moreover, with low absolute prices, the price spread between central China and SHFE aluminum was relatively small, prompting trading firms engaging in both spot and futures markets to sell in large volumes in a concentrated manner, aiming to capture the price spread accrued earlier. Ultimately, actual transaction prices in the central China market ranged around a discount of 60-90 yuan/mt against the SHFE aluminum June contract.

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