SHANGHAI, Apr 17 (SMM) – The most-traded SHFE 2305 aluminium contract opened at 18,765 yuan/mt at last Friday’s night session and climbed to 18,830 yuan/mt, but then fell back to 18,700 yuan, closing up 5 yuan/mt or 0.03%.
LME aluminium opened at $2,362/mt last Friday and closed at $2,390/mt, up $28/mt or 1.14%.
On the macro level, market was betting that the US Fed would pause interest rate hike amid growing fears of US economic recession, boosting the aluminium market.

![Alumina recua após rápida alta com consolidação de volume em queda; índice à vista interrompe queda e sobe levemente; padrão de oferta forte e demanda fraca permanece inalterado [Comentário matinal da SMM sobre alumina]](https://imgqn.smm.cn/usercenter/SBQYr20251217171651.jpg)
![Alumínio da SHFE continua em alta, spread de preços Guangdong-Xangai atrai significativamente transferências de carga [Análise de Meio-Dia do Alumínio Spot da SMM]](https://imgqn.smm.cn/usercenter/VTjoW20251217171653.jpg)
