Non-ferrous

Base Metals

Rare Earth

Scrap Metals

Minor Metals

Precious Metals

Ferrous Metals

Iron Ore Index Iron Ore Price Coke Coal Pig Iron Steel Billet Finished Steel

New Energy

Solar Lithium Cobalt Cathode Material Phosphorus Carbon Anode Separator Electrolyte Battery Cell And Module Battery Recycling Nickel And Manganese Other Materials Sodium-ion Battery Hydrogen Energy

Price Center DatabasePro Reports Events Car Insight

Home / Metal News / [Al Price] SMM Aluminum Market Morning Review (2015-7-28)

[Al Price] SMM Aluminum Market Morning Review (2015-7-28)

Jul 28, 2015 09:26

Source:SMM

LME aluminum opened at USD 1,645/mt on Monday.

SHANGHAI, Jul. 28 (SMM) –LME aluminum opened at USD 1,645/mt on Monday. The light metal fell to near six-year low of USD 1,633/mt, but then recovered some losses, and ended down USD 2/mt or 0.12%. Trading volumes were up 33 lots to 8,485 lots, and positions were up 681 to 884,000. LME aluminum inventories fell 9,275 mt to 3,471,225 mt.

SHFE 1510 aluminum contract is expected to move at RMB 12,200-12,300/mt on Tuesday. In China’s spot market, spot discounts of RMB 90-130/mt are expected over SHFE 1508 aluminum contract.

Al price

LME aluminum prices

SHFE 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

SHFE 1708 aluminum moved down after opening at RMB 14,090/mt on Tuesday, touching an intraday low of RMB 14,005/mt in the afternoon.

Jul 4, 2017 18:02

SMM Comments

SHFE 1708 Aluminum Drifts Lower (2017-7-4)

LME Aluminum to Struggle around Moving Averages (2017-6-2)

LME aluminum will continue struggling around moving averages and move between USD 1,920-1,940/mt today.

Jun 2, 2017 09:51

SMM Comments

LME Aluminum to Struggle around Moving Averages (2017-6-2)

SHFE 1707 Aluminum Falls Sharply (2017-5-31)

Offshore yuan surged in morning trading, increasing risks of tightening market liquidity in the short term.

May 31, 2017 18:38

SMM Comments

SHFE 1707 Aluminum Falls Sharply (2017-5-31)

SHFE 1707 Aluminum Falls as Longs Withdraw (2017-5-24)

SHFE 1707 aluminum dipped to RMB 13,950/mt due to short selling after opening at RMB 14,055/mt on Wednesday.

May 24, 2017 17:40

SMM Comments

SHFE 1707 Aluminum Falls as Longs Withdraw (2017-5-24)

SHFE 1606 Aluminum Resistant to Declines (2016-4-20)

On Tuesday’s night session, SHFE 1606 aluminum hit RMB 12,115/mt after opening at RMB 12,055/mt, and finally ended at RMB 12,110/mt.

Apr 20, 2016 18:01

SMM Comments

LME Aluminum to Challenge Resistance (2016-4-19)

LME aluminum has climbed above the 5-day moving average on long buying and will challenge USD 1,570/mt on Tuesday, moving in a range of USD 1,550-1,570/mt.

Apr 19, 2016 09:08

SMM Comments

SHFE Aluminum to Gather Strength on Softer Dollar (2016-3-30)

US Fed Chair Yellen’s cautious attitude toward rate hike path will soften the US dollar.

Mar 30, 2016 09:26

SMM Comments

SHFE Aluminum to Hover at Highs (2016-3-3)

SHFE 1605 aluminum has found solid support at the 5-day moving average, and should move highs at RMB 11,300-11,420/mt on Thursday.

Mar 3, 2016 09:17

SMM Comments

LME Aluminum Poised for More Gains Next Week

LME aluminum is on track for gains next week on improved market sentiment, SMM says.

Feb 20, 2016 13:34

SMM Insight

SHFE Aluminum Breaks Through RMB 11,000/mt (2016-2-16)

SHFE 1604 aluminum opened at RMB 10,900/mt on Tuesday.

Feb 16, 2016 16:47

SMM Comments

SMM Events & Webinars

All

Oct
14
- SMM LME Metals Seminar 2025
  Oct 14 - 14,2025
  London , the United Kingdom
Oct
20
- Li-ION BATTERY China
  Oct 20 - 21,2025
  Xiamen, China
Oct
20
- APAC (10th) Stainless Steel Industry Conference 2025
  Oct 20 - 21,2025
  Xiamen, China

[Al Price] SMM Aluminum Market Morning Review (2015-7-28)

SMM Events & Webinars

SMM LME Metals Seminar 2025

Li-ION BATTERY China

APAC (10th) Stainless Steel Industry Conference 2025