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 / SMM Aluminum Market Morning Review (2015-9-9)

SMM Aluminum Market Morning Review (2015-9-9)

Sep 9, 2015 09:18

Source:SMM

LME aluminum opened at USD 1,603/mt on Tuesday.

SHANGHAI, Sept. 9 (SMM) –LME aluminum opened at USD 1,603/mt on Tuesday. The light metal rose to USD 1,635/mt as US stock market rebounded and the US dollar index fell. Finally, LME aluminum ended up USD 34.5/mt at USD 1,632.5/mt. Trading volumes were up 4,426 lots to 11,374 lots, and positions were down 1,935 to 844,000.

SHFE 1511 aluminum followed LME aluminum up above the 20-day moving average to RMB 12,045/mt during Tuesday’s night session. The most active contract should move at RMB 11,970-12,050/mt on Wednesday. In China’s spot market, demand will remain slack, which will widen spot discounts to RMB 100-60/mt over SHFE 1509 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

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

Mar 30, 2016 09:26

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

About 32% of Chinese Aluminum Smelters Bearish toward Aluminum Prices This Week, SMM Survey

About 32% of the 25 Chinese aluminum smelters surveyed by SMM paint a dismal picture of aluminum prices this week.

Jan 19, 2016 10:16

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

SMM Aluminum Market Morning Review (2015-10-29)

LME aluminum opened at USD 1,484/mt on Wednesday.

Oct 29, 2015 09:34

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 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

SMM Aluminum Market Morning Review (2015-9-9)

SMM Events & Webinars

SMM LME Metals Seminar 2025

Li-ION BATTERY China

APAC (10th) Stainless Steel Industry Conference 2025