SHFE Aluminum Futures Slip, Central China Market Sees Weak Demand and Ample Supply

Published: Jun 29, 2026 11:49

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Today, SHFE aluminum futures saw a slight correction, and the transaction atmosphere in the central China market was mainly sluggish. Downstream processing enterprises' buying sentiment was low, and recently traders have been selling a large number of low-priced warrants, leading to ample market supply; suppliers were selling in a price-collapse-like manner, and their willingness to hold prices firm was weak. Ultimately, the actual transaction price range in the central China market was around a discount of 20-50 yuan/mt against the SHFE aluminum July contract, with prices showing a weakening trend.

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