Metals News
[Al Price] SMM Aluminum Market Daily Review (2015-8-5)
price review forecast
Aug 6,2015

SHANGHAI, Aug. 6 (SMM) –SHFE 1510 aluminum hovered around RMB 12,090/mt after opening at RMB 12,140/mt on Wednesday. The light metal followed LME aluminum up to RMB 12,140/mt in the afternoon, but then fell back before ending lower at RMB 12,120/mt. Trading volumes were down 13,514 lots to 18,196 lots, and positions were up 1,026 lots to 146,000 lots. 

Aluminum prices were mainly between RMB 11,960-11,970/mt in Shanghai on Wednesday, discounts of RMB 40-30/mt over August aluminum on the SHFE, versus RMB 11,930-11,960/mt in Wuxi and RMB 11,960-11,970/mt in Hangzhou. Downstream consumption was sluggish. Prices in Shanghai and Hangzhou held stable, those in Wuxi slipped RMB 10/mt. Ample supply prevented prices from rising. In the afternoon, some raised offers to RMB 11,980-12,000/mt after SHFE aluminum rose.  

Al price
SHFE aluminum prices
Shanghai aluminum prices
For queries, please contact Frank LIU at
For more information on how to access our research reports, please email
Related Price

No Data