Non-ferrous
Non-ferrous
Base Metals
Photovoltaic
Rare Earth
Scrap Metals
Minor Metals
Precious Metals
Ferrous Metals
New Energy
DashboardDatabaseProReportsEventsCar InsightSHANGHAI, Mar. 4 (SMM) – Spot aluminum was mainly traded at RMB 14,330-14,360/mt in Shanghai on Monday, with discounts at RMB 70-100/mt. Low-iron aluminum was traded around RMB 14,450/mt. SHFE current-month aluminum contract prices extended losses and lost 0.48% at midday. Most traders continued to move goods at discounts, while some stood on the sidelines due to continuously falling SHFE aluminum prices. Traders in Wuxi and Hangzhou saw no improvement in downstream purchases and were anxious to sell out of their growing pessimism over current aluminum prices.
For queries, please contact Michael Jiang at michaeljiang@smm.cn
For more information on how to access our research reports, please email service.en@smm.cn