Contract Is About to Roll Over, Spot Aluminum Shows No Signs of Improvement [SMM South China Spot Aluminum Daily Review]

Published: Apr 15, 2026 17:26

Save

SMM April 15 News:

[SMM] On April 15, SMM A00 aluminum (Foshan) was quoted at 24,640, up 10, at a discount of 165 to the current-month contract and a discount of 250 to the next-month contract, widening by 5 (unit: yuan/mt).

SHFE aluminum 04 contract remained stable today. The spot market in South China continued to show weak performance. Buyer purchasing sentiment remained sluggish overall today, with downstream participants still cautious about high prices and no increase in purchasing enthusiasm. Although destocking signs emerged again today, due to the continued fermentation of the impact of reduced-tax invoices, traders were cautious and took fewer orders with demand falling to a trough, and suppliers were also forced to lower prices to facilitate shipments. Mainstream transaction prices in the market today were concentrated in the range of SHFE aluminum 04 contract premium -185 yuan/mt to SHFE aluminum 04 contract premium -145 yuan/mt.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

47 mins ago

Aluminum Alloy 2606 Futures Decline, Spot Prices Stable Amid Weak Demand

[SMM Aluminum Alloy Daily Review] Futures side, the most-traded aluminum alloy 2606 contract opened at 24,140 yuan/mt today, rose to a high of 24,245 yuan/mt during the session before weakening, hitting a low of 23,935 yuan/mt, and finally closed at 24,040 yuan/mt, down 115 yuan/mt from the previous close, a decline of 0.48%. Spot side, ADC12 market prices remained largely stable today. The upward momentum in primary aluminum prices slowed, weakening cost-side drivers. Meanwhile, downstream demand remained persistently weak, with purchases mainly driven by rigid demand. Against the backdrop of ample low-priced supply and intensifying price competition, enterprises generally lacked the motivation to raise their quoted prices. However, purchase activities by futures-spot traders provided som

47 mins ago

1 hour ago

Domestic Port Bauxite Inventory Down by 90,000 mt

【SMM Port Inventory of Imported Bauxite】According to SMM's statistics on April 17, the total bauxite inventory at ten domestic ports decreased by 90,000 mt from the previous week.

1 hour ago

2 hours ago

Data: SHFE, DCE market movement (Apr 17)

The following table shows the ferrous and nonferrous metals movement on the SHFE and DCE on 17 Apr , 2026

2 hours ago