Non-ferrous
Non-ferrous
Base Metals
Rare Earth
Scrap Metals
Minor Metals
Precious Metals
Ferrous Metals
New Energy
DashboardDatabaseProReportsEventsCar InsightSHANGHAI, Jun. 24 (SMM) – Mainstream traded prices for spot aluminum in Shanghai were RMB 14,410-14,430/mt on Monday, a discount of RMB 10-30/mt over SHFE 1307 aluminum contract prices. Low-iron aluminum was traded around RMB 14,570/mt. SHFE 1310 aluminum contract held stable, boosting market confidence. Cargo holders remained eager to sell against tightening liquidity, and downstream producers and middlemen stepped up purchases before liquidity tightens further, helping mainstream traded prices hold stable at RMB 14,420/mt. Overall trading was modest.
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