[Al Price] LME Aluminum to Fall to $ 1,550-1,600 Next Week

Published: Aug 7, 2015 15:58

Save

LME aluminum will fall to $ 1,550-1,600 per tonne next week, Shanghai Metals Market foresees.

SHANGHAI, Aug. 7 (SMM) – LME aluminum will fall to $ 1,550-1,600 per tonne next week, Shanghai Metals Market foresees.

The US dollar index has been firm, and moving averages of LME aluminum are pointing downward.

SHFE 1510 aluminum will hover around 12,000 yuan per tonne.

In China’s spot market, sellers will hold back goods at lows, while buyers will show little interest. Spot discounts of 0-50 yuan per tonne are expected over SHFE 1508 contract.

For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.

A00 Aluminum Ingot 7 Day Chart

Al price LME aluminum prices SHFE aluminum prices aluminum price forecast SMM review & forecast

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

Feb 6, 2026 16:42

Terminal Performance "Uneven," Zinc Oxide Chinese New Year Break Up YoY

Feb 6, 2026 16:42

Feb 6, 2026 16:38

Dual Pressures Force Die-Casting Zinc Alloy Firms to Lengthen Chinese New Year Holidays

Approaching the 2026 Chinese New Year, SMM conducted communication and research on the pre-holiday break arrangements of domestic die-casting zinc alloy enterprises. This survey covered 20 enterprises, with a total annual capacity of 829,000 mt, involving a zinc consumption scale during the holiday period of approximately 45,548 mt.

Feb 6, 2026 16:38

Feb 6, 2026 16:14

Data: SHFE, DCE market movement (Feb 06)

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 06 Feb , 2026

Feb 6, 2026 16:14