SHANGHAI, Sept. 16 (SMM) – SHFE 1511 aluminum dipped to RMB 11,875/mt after opening at RMB 11,930/mt on Wednesday. But the contract rebounded later as Chinese stock market rebounded significantly, ending up RMB 35/mt or 0.29% at RMB 11,935/mt. Trading volumes were down 9,152 lots to 18,628 lots, and positions were down 604 lots to 114,000 lots.

![US Treasury yields continue to hit new highs, hawkish US Fed expectations drag aluminum prices down [SMM Aluminum Morning Meeting Summary]](https://imgqn.smm.cn/usercenter/GEsWk20251217171650.jpg)
![Ex-China prices decline, import losses persist [SMM cast aluminum alloy morning comment]](https://imgqn.smm.cn/usercenter/XLWyP20251217171654.jpg)
