SMM App
AndroidiOS
Holiday Pricing ScheduleFREE TRIALCompliance CentreAnnouncements
gloablLanguage:  language-iconlanguage-iconlanguage-iconlanguage-iconlanguage-iconlanguage-iconlanguage-iconlanguage-icon
MarketsNews
Non-ferrous
Non-ferrous
Base Metals
Rare Earth
Scrap Metals
Minor Metals
Precious Metals
Ferrous Metals
Ferrous Metals
Iron Ore IndexIron Ore PriceCokeCoalPig IronSteel BilletFinished Steel
New Energy
New Energy
SolarLithiumCobaltCathode MaterialPhosphorusCarbon AnodeSeparatorElectrolyteBattery Cell And ModuleBattery RecyclingNickel And ManganeseOther MaterialsSodium-ion BatteryHydrogen Energy
Price CenterDatabaseProReportsEventsCar Insight
Home / Metal News / [Al] CBI Morning Review - 2008/12/26 Aluminum Market

[Al] CBI Morning Review - 2008/12/26 Aluminum Market

iconDec 7, 2009 13:16

SHANGHAI, Dec. 26 (CBI China) -- LME aluminum closed yesterday for the Christmas holidays. Yesterday domestic aluminum prices surged due to the reserves news. However, as part of the longs withdrew from the trading after profit-taking in the afternoon, at-the-close order rose slightly. From yesterday's performance of the spot market, the downstream was unlikely to accept the higher prices, with sluggish market sentiment. SHFE aluminum prices are likely to fall significantly today, the dominant contract will test the price at RMB 11000/mt, but with fewer support.


Copyright © 2008, CBI (Shanghai) Co., Ltd. All Rights Reserved.

None of this material may be used for any commercial or public use in any form or means, without the prior written consent of CBI China. For reproduction issue, please contact us by email: metalresearch@cbichina.com or tel:86-21-51550040

Aluminum Al
CBI China CBMB
Market movement
Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

For queries, please contact Lemon Zhao at lemonzhao@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

SMM Events & Webinars

All
MOST POPULAR
1.Benchmarking Analysis Of the Development  Direction Of MHP And Nickel Matte
2.Technical Due Diligence Survey Of Nickel Product Unit
3.Long-term Price Forecast Of Nickel Industry
4.Feasibility Study Of Nickel Industry Investment
5.Indonesia Ni Industry Analysis
Shanghai Metals Market
Privacy PolicyCompliance CentreSMM Credit ServiceContact UsAbout UsTerms & ConditionsSitemapHoliday Pricing Schedule
Notice: By accessing this site you agree that you will not copy or reproduce any part of its contents (including, but not limited to, single prices, graphs or news content) in any form or for any purpose whatsoever without the prior written consent of the publisher.
Drop us a line
service.en@smm.cn
How can we help you?
+86 021 5155-0306
Live chat via WhatsApp
Copyright © 2025 SMM Information & Technology Co., Ltd. All rights reserved.