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 / SMM Aluminum Market Morning Review (2015-7-1)

SMM Aluminum Market Morning Review (2015-7-1)

iconJul 1, 2015 09:45
LME aluminum opened at USD 1,700/mt on Tuesday.
SHANGHAI, Jul. 1 (SMM) –LME aluminum opened at USD 1,700/mt on Tuesday. US economic recovery kept investors alert about a possible interest rate hike. Greece default triggered worries over the euro zone. As a consequence, LME aluminum fell to USD 1,680/mt before ending down USD 11/mt at USD 1,690/mt. Trading volumes were down 2,616 lots to 11,701 lots, and positions were down 6,205 to 873,000. 
 
On Tuesday night, SHFE 1509 aluminum contract moved lower after opening at RMB 12,620/mt, and ended the night session at RMB 12,540/mt. Positions were up 4,280 lots to 129,230 lots. 
 
The unsolved Greek debt issue will leave SHFE 1509 aluminum contract weak between RMB 12,530-12,580/mt on Wednesday. In China’s spot market, spot discounts of RMB 80-100/mt are expected over SHFE 1507 aluminum contract.
 
 
LME aluminum prices
SHFE aluminum prices
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

Related news

SMM Events & Webinars

All
MOST POPULAR
1.China Lithium Market Dynamics and Lithium Procurement Study
2.Battery Recycling Technology Understanding
3.Solid State Battery Market
4. China Scrap Steel Quality Analysis
5.China Scrap Steel Cost Curve
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.