Weekly SHFE Aluminium Price Review (Mar 27-31, 2023)

SHANGHAI, Apr 3 (SMM) – Buoyed by fading impact from macro headwinds and improving fundamentals, SHFE aluminium prices rebounded last week. The most-traded SHFE 2305 aluminium contract opened at 18,405 yuan/mt last Monday, with its weekly low and high at 18,395 yuan/mt and 18,895 yuan/mt respectively before closing at 18,470 yuan/mt as of CST 15:00 on Friday, up 240 yuan/mt or 1.32% on the week.