The local prices are expected to be released soon, stay tuned!
Got it
+86 021 5155-0306
Language:
SMM
Sign In
Base Metals
Aluminum
Copper
Lead
Nickel
Tin
Zinc
New Energy
Solar
Lithium
Cobalt
Lithium Battery Cathode Material
Anode Materials
Separator
Electrolyte
Lithium-ion Battery
Sodium-ion Battery
Used Lithium-ion Battery
Hydrogen Energy
Energy Storage
Minor Metals
Silicon
Magnesium
Titanium
Bismuth/Selenium/Tellurium
Tungsten
Antimony
Chromium
Manganese
Indium/Germanium/Gallium
Niobium/Tantalum
Other Minor Metals
Precious Metals
Rare Earth
Gold
Silver
Palladium
Platinum/Ruthenium
Rhodium
Iridium
Scrap Metals
Copper Scrap
Aluminum Scrap
Tin Scrap
Ferrous Metals
Iron Ore Index
Iron Ore Price
Coke
Coal
Pig Iron
Steel Billet
Finished Steel
International Steel
Others
Futures
SMM Index
MMi
February 26: SHFE Aluminum Consolidates at High Levels, Processing Fees Struggle to Rise with Moderate Transactions [Daily Review of Spot Aluminum Billets]
Feb 26, 2025, at 12:14 pm
Domestic aluminum billet inventory: aluminum billet inventory in Guangdong was 157,700 mt, and in Wuxi was 72,200 mt, with a total decrease of 300 mt. SHFE aluminum interrupted its consecutive downward trend and achieved a rebound today. Aluminum prices remained in a high-level consolidation, while aluminum billet processing fees lacked the strength to stand firm on quotes. Affected by bearish sentiment downstream, market demand remained insufficient, and transaction performance weakened compared to yesterday.
SMM, February 26: On February 26, SMM A00 aluminum was quoted at 20,530 yuan/mt, up 140 yuan, with a discount of 30 yuan against the March contract, up 20 yuan. SMM A00 aluminum (Foshan) was quoted at 20,520 yuan/mt, up 140 yuan, with a discount of 35 yuan against the current-month contract, narrowing by 20 yuan. (Unit: yuan/mt) Regarding domestic aluminum billet inventory, aluminum billet inventory in Guangdong stood at 157,700 mt, and in Wuxi at 72,200 mt, with a total decrease of 300 mt. Today, SHFE aluminum interrupted its continuous downward trend and rebounded, with aluminum prices consolidating at high levels. Aluminum billet processing fees lacked support to stand firm on quotes, while downstream demand remained insufficient due to bearish sentiment, leading to weaker transactions compared to yesterday. Today, Foshan aluminum billet market processing fees were quoted at 190–240 yuan/mt, down 50 yuan; Wuxi market processing fees were quoted at 180–230 yuan/mt, down 40 yuan; Nanchang market processing fees were quoted at 180–230 yuan/mt, down 70 yuan. (Unit: yuan/mt) 》Subscribe to View SMM Historical Spot Prices for Metals 》Click to Access the SMM Aluminum Industry Chain Database
