Central China Aluminum Market Sees Sluggish Trading and Falling Prices Post-Mid-Autumn Festival
On the first trading day after the Mid-Autumn Festival, downstream processing enterprises in the central China market showed limited stockpiling sentiment, and stockpiling for the National Day holiday had largely concluded. Although SHFE aluminum futures edged lower again, overall trading activity in the market remained sluggish. Suppliers leaned toward selling quickly to clear inventory, with little inclination to hold prices firm, and transaction prices continued to decline. Ultimately, actual transaction prices in the central China market were around a discount of 20-70 yuan/mt against the SHFE aluminum October contract.