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 / SHFE Aluminum Hits New Low as Bearishness Rules (Aug. 24, 2015)

SHFE Aluminum Hits New Low as Bearishness Rules (Aug. 24, 2015)

Aug 24, 2015 17:28

Source:SMM

SHFE 1510 aluminum took a freefall to RMB 11,805/mt after opening at RMB 11,950/mt on Monday.

SHANGHAI, Aug. 24 (SMM) – SHFE 1510 aluminum took a freefall to RMB 11,805/mt after opening at RMB 11,950/mt on Monday. Finally, the most active contract ended down RMB 160/mt or 1.33% at RMB 11,830/mt. Trading volumes were up 29,996 lots to 55,470 lots, and positions were down 4,672 lots to 127,000 lots. LME aluminum tumbled, the major drag on SHFE aluminum. Besides, poor consumption was also blamed for lower prices.

Al price

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

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 Falls as Shorts Dominate (2016-1-12)

SHFE 1603 aluminum tumbled to RMB 10,760/mt during Monday’s night session, due to plunging crude oil prices and the PBOC’s intervention in RMB market.

Jan 12, 2016 17:06

SMM Comments

38% of Chinese Aluminum Smelters Bearish toward Aluminum Prices This Week, SMM Survey

38% of the 42 Chinese aluminum smelters surveyed by SMM are bearish toward this week’s aluminum prices.

Dec 29, 2015 10:15

SMM Comments

East China Aluminum Prices Rebound After Continuous Falls (Oct. 27, 2015)

In east China spot aluminum market, suppliers continued holding back goods.

Oct 27, 2015 16:12

SMM Comments

SMM Aluminum Market Morning Review (2015-10-27)

LME aluminum climbed to USD 1,516/mt after opening at USD 1,500/mt on Monday.

Oct 27, 2015 09:24

SMM Comments

East China Aluminum Prices Tumbled on Panic Selling (Oct. 23, 2015)

In east China spot aluminum market, suppliers scrambled to sell in panic at lower prices after SHFE aluminum slumped.

Oct 23, 2015 13:07

SMM Comments

East China Aluminum Prices Continue Falling, Spot Discounts Widen Further (Oct. 22, 2015)

SHFE 1511 aluminum fell to RMB 10,750/mt on Thursday morning.

Oct 22, 2015 13:07

SMM Comments

SMM Aluminum Market Daily Review (2015-10-21)

SHFE 1601 aluminum contract became the most active one, whose positions surged 10,838 to 148,000.

Oct 22, 2015 09:11

SMM Comments

SHFE Aluminum Fell Below RMB 10,900/mt as Shorts Flood in (Oct. 21, 2015)

SHFE 1601 aluminum contract became the most active one, whose positions surged 10,838 to 148,000.

Oct 21, 2015 16:17

SMM Comments

SMM Aluminum Market Daily Review (2015-9-7)

SHFE 1511 aluminum rose to RMB 11,915/mt after opening at RMB 11,840/mt on Monday.

Sep 8, 2015 09:50

SMM Comments

SMM Events & Webinars

All

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
Oct
22
- 2025 15th APAC TIN INDUSTRY CONFERENCE
  Oct 22 - 24,2025
  The 2025 Tin Industry Annual Conference will focus on "Opportunities and Challenges in a New Era.
  Yunnan · Gejiu

SHFE Aluminum Hits New Low as Bearishness Rules (Aug. 24, 2015)

SMM Events & Webinars

Li-ION BATTERY China

APAC (10th) Stainless Steel Industry Conference 2025

2025 15th APAC TIN INDUSTRY CONFERENCE