Non-ferrous

Non-ferrous
Base Metals

Rare Earth

Scrap Metals

Minor Metals

Precious Metals

New Energy
Price CenterDatabaseProReportsEventsCar Insight
SHANGHAI, Jan. 15 (SMM) – Spot aluminum was mainly traded at RMB 14,930-14,950/mt in Shanghai on Tuesday, with premiums at RMB 0-20/mt. Low-iron aluminum was traded at RMB 15,050-15,060/mt. SHFE 1303 aluminum contract prices bucked the trend and lost support at RMB 15,000/mt, souring market sentiment. Mainstream traded prices of spot aluminum dropped RMB 100/mt as a result. Traders were in a hurry to sell at the same price as the current-month contract. Downstream producers purchased only as needed, with only middlemen active in bargain-hunting. Trading was brisk at RMB 14,930/mt.
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