SMM App
AndroidiOS
Holiday Pricing ScheduleFREE TRIALCompliance Centre
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 PriceFinished SteelCokeCoalPig IronSilicon Steel
New Energy
New Energy
SolarLithiumCobaltLithium Battery Cathode Precursor and MaterialAnode MaterialsArtificial GraphiteDiaphragmElectrolyteOther MaterialsChemical CompoundLithium-ion BatteryUsed Lithium-ion BatterySodium-ion BatteryHydrogen EnergyEnergy Storage
Price CenterDatabaseProReportsEventsCar Insight
Home / Metal News / SMM Aluminum Market Daily Review (2015-5-29)

SMM Aluminum Market Daily Review (2015-5-29)

iconJun 1, 2015 09:00
Source:SMM
SHFE 1508 aluminum contract hovered narrowly above RMB 13,200/mt last Friday and ended the day at an intraday high of RMB 13,225/mt.
SHANGHAI, Jun. 1 (SMM) –SHFE 1508 aluminum contract hovered narrowly above RMB 13,200/mt last Friday and ended the day at an intraday high of RMB 13,225/mt. Trading volumes totaled 24,516 lots, and positions were up 3,570 to 127,372.      
 
Spot aluminum largely traded between RMB 12,970-12,980/mt in Shanghai last Friday, discounts of RMB 110-120/mt over SHFE 1506 aluminum contract, versus RMB 12,950-12,970/mt in Wuxi, and RMB 13,000-13,010/mt in Hangzhou. Market supply fell because more traders just finished delivery under term contracts. Demand picked up before the weekend, allowing prices to rebound. In the afternoon, market turned quiet.  
 
 
 
 
 
SHFE aluminum prices
Shanghai aluminum prices

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

Related news

SMM Events & Webinars

All
MOST POPULAR
1.NEV Magnet Wire Industry Opportunity Discovery
2.Copper Substitution Market Study-Consumer Durables
3.Copper Substitution Market Study-Construction
4.Copper Substitution Market Study-Power Distribution
5.Copper Substitution Market Study-Power Transmission
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.