Central China Aluminum Market Sluggish, Prices Fall Amid Weak Demand and Low Selling Interest

Published: Jul 1, 2026 09:54
Today, the transaction atmosphere in the central China market remained sluggish. The decline in SHFE aluminum futures persisted, and downstream processing enterprises showed significant fear of falling prices, with only those not under long-term contracts engaging predominantly in just-in-time procurement. As aluminum prices fell excessively, suppliers' willingness to sell also remained low, and their willingness to hold prices firm was weak. Ultimately, the actual transaction price range in the central China market centered around a premium of –30 to –50 yuan/mt against the SHFE aluminum July contract.

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Today, the transaction atmosphere in the central China market remained - Shanghai Metals Market (SMM)