SHFE Aluminum Futures Dip Slightly as Traders Stockpile Ahead of Month-End Contracts

Published: Jul 24, 2026 11:44

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SHFE aluminum futures edged slightly lower today. Coinciding with pre-weekend stockpiling and the last month-end delivery day for long-term contracts, traders in the central China market purchased heavily to fulfill long-term contracts, while stockpiling sentiment among downstream processing enterprises also recovered slightly. This led suppliers to keep their offer prices high throughout the session, with a pronounced willingness to hold prices firm and hold back from selling. Ultimately, the actual transaction price range in the central China market centered around a premium of -100 to -120 yuan/mt against the SHFE aluminum August contract.

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