Aluminium billet inventories rose 3,900 mt on week on larger arrivals

Xinjiang Boyuan Aluminum Co., Ltd. is making every effort to advance the construction of its new-type aluminum semis project with an annual capacity of 150,000 mt. Located in the Huoshaoshan Aluminum Downstream Industrial Park of Xinjiang Zhundong Economic and Technological Development Zone, the project involves a total investment of 180 million yuan and covers an area of 64 mu. It is planned to build two standardized production workshops with a total floor area of 23,000 m². In terms of production line configuration, the project will be equipped with two aluminum rod production lines, eight cast-rolling aluminum coil and strip production lines, and one cold-rolling aluminum coil and strip production line. Once fully completed and put into operation, the project is expected to achieve an annual production capacity of 60,000 mt of aluminum wire and 90,000 mt of aluminum coil.

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 02 Sep , 2026

On September 2, Foshan aluminum billet Φ90 was quoted at RMB 24,360/t, with processing fee at RMB 60/t (down RMB 30 from the previous trading day); Φ120 at RMB 24,310/t, with processing fee at RMB 10/t (down RMB 30); Φ178 at RMB 24,310/t, with processing fee at RMB 10/t (down RMB 30). SMM A00 aluminum spot (Foshan) stood at RMB 24,300/t. On September 2, Wuxi aluminum billet Φ90 was quoted at RMB 24,410/t, with processing fee at RMB 330/t (up RMB 10 from the previous trading day); Φ120 at RMB 24,320/t, with processing fee at RMB 240/t (up RMB 10); Φ178 at RMB 24,310/t, with processing fee at RMB 230/t (up RMB 10). SMM A00 aluminum spot stood at RMB 24,080/t. On September 2, Nanchang aluminum billet Φ90 was quoted at RMB 24,250/t, with processing fee at RMB 170/t (flat from the previous trading day); Φ120 at RMB 24,200/t, with processing fee at RMB 120/t (flat); Φ178 at RMB 24,200/t, with processing fee at RMB 120/t (flat). SMM A00 aluminum spot stood at RMB 24,080/t.