1005results found for 'aluminum price'
Price
News
- SMM ADC12 Price Drops to 24,100 Yuan/mt Amid Weak Aluminum Market and Tight Scrap Supply
[SMM Aluminum Alloy Daily Review] The SMM ADC12 average price was reported at 24,100 yuan/mt today, down 100 yuan/mt from the previous trading day. During the day, both aluminum futures and aluminum prices weakened, dragging on the ADC12 price to some extent. However, structural issues such as tight tax invoices and difficulties in purchasing compliant aluminum scrap have not eased, keeping enterprises' production costs under continuous pressure and providing some support to spot ADC12 prices. Overall, the current ADC12 market presents a pattern of "strong cost support, weak demand follow-up". In the short term, the downside room for prices is limited, but there is also a lack of sufficient driving force for an upward breakout. Prices are expected to move sideways.
Jun 16, 2026 15:12 - Aluminum Prices Slump, Downstream Purchasing Sentiment Recovers [SMM Spot Aluminum Midday Comment]
SMM, June 16: The SHFE aluminum price center in the morning session was far below the same period yesterday. However, affected by the sharp decline in aluminum prices, buyer purchasing sentiment surged, driving seller quotes and transaction prices to strengthen continuously. Some sellers, influenced by the aluminum prices, held back from selling and raised their quotes. The mainstream spot transaction prices were at a discount of 80 to a discount of 90 yuan/mt against the SHFE aluminum July contract. Today, the shipment sentiment index in East China was 2.83, down 0.13 MoM; the purchasing sentiment index was 3.06, up 0.30 MoM. SHFE aluminum futures prices plunged in the night session of the previous day and the morning session today. In the central China market, the buying sentiment of downstream processing enterprises recovered, and their willingness to stockpile increased. Trading firms engaging in both spot and futures markets tended to quickly earn price spreads, and the sentiment of holding prices firm and holding back from selling was strong, keeping market quotes high. Ultimately, the actual transaction price range in the central China market was at a discount of 120-140 yuan/mt against the SHFE aluminum July contract. Today, the shipment sentiment index in the central China market was 2.91, down 0.01 MoM; the purchasing sentiment index was 2.22, up 0.02 MoM. On the inventory front, the aluminum ingot inventory in major consumption areas fell 0.25 MoM today, with destocking mainly driven by Guangdong and Wuxi.
Jun 16, 2026 14:58 - SHFE Aluminum Prices Plunge; Central China Market Sees Increased Buying Sentiment and Firm Quotations
During yesterday's night session and today's morning session, SHFE aluminum futures prices plunged. In the Central China market, downstream processing enterprises' buying sentiment recovered somewhat, and their stockpiling willingness increased. Trading firms engaging in both spot and futures markets were inclined to quickly capture price spreads, with significant sentiment of holding prices firm and holding back from selling, driving market quotations to stay high. Ultimately, the actual transaction price range in the Central China market was around a discount of 120-140 yuan/mt against the SHFE aluminum July contract.
Jun 16, 2026 09:53 - Geopolitical Easing and Manufacturing Weakness Exert Dual Pressure; SHFE and LME Aluminum Prices Plunge Sharply [SMM Aluminum Morning Meeting Summary]
[Geopolitical easing combined with manufacturing slowdown exert dual suppression, SHFE and LME aluminum prices plunge significantly] SMM maintains its forecast that inventory will drop to around 1.28 million mt by late June, and may further approach 1.2 million mt by the end of June or early July, providing some support for aluminum prices. However, the pressure from high domestic inventory remains relatively evident, and coupled with the currently dominant bearish macro sentiment in the market, domestic aluminum prices are expected to mainly be in the doldrums with adjustments in the short term.
Jun 16, 2026 09:05 - US, Iran Sign Memorandum, International Energy Metal Prices Fluctuate
[SMM Aluminum Flash] According to multiple media reports, following the signing of a memorandum of understanding between the U.S. and Iran, prices in the international energy and metals markets fluctuated significantly. WTI crude oil futures fell by over 5%, while European natural gas prices plunged more than 10%. In the metals market, LME aluminum prices declined during the evening session, dropping over 5% to $3,357/mt. China's most-traded SHFE aluminum contract was also affected, with open interest rising by over 14,000 lots and the price falling by as much as 2% to 23,730 yuan/mt. Market concerns now center on persistently high operating aluminum capacity in China, while new and resumed aluminum capacity outside China will also put pressure on LME aluminum prices.
Jun 16, 2026 00:17 - Aluminum Prices Remain at High Levels, Downstream Purchasing Sentiment Is Somewhat Suppressed[SMM Spot Aluminum Midday Review]
SMM June 15 news: In the morning session, the SHFE aluminum 2606 contract fluctuated, with aluminum prices holding at relatively high levels. However, high aluminum prices dampened downstream purchasing sentiment, pushing quotes and transaction prices lower. Mainstream spot transaction prices were at a discount of 90–100 yuan/mt against the SHFE aluminum 2607 contract. Today, the selling sentiment index in East China stood at 2.96, flat MoM, while the purchasing sentiment index came in at 2.76, down 0.06 MoM. During the night session, aluminum futures prices rose again. Before the opening, quotes in the central China market had already shown a softening trend. After the opening, absolute prices pulled back, but downstream processing enterprises largely stayed on the sidelines, leading to weak purchasing sentiment. Suppliers showed little willingness to hold prices firm, and quotes declined steadily. Ultimately, actual transaction prices in central China centered around a discount of 170–190 yuan/mt against the SHFE aluminum 2607 contract. Today, the selling sentiment index in central China was 2.92, up 0.01 MoM, while the purchasing sentiment index was 2.20, down 0.01 MoM. On the inventory front, aluminum ingot inventory in major consuming areas fell by 0.7 MoM today, with destocking mainly driven by Guangdong and Wuxi.
Jun 15, 2026 18:23
Announcements
Dear User, Greetings! To assist secondary aluminum enterprises in accurately grasping the regional supply-demand pattern within the domestic market, obtaining real-time spot aluminum scrap price information from core production areas, effectively reducing information barriers and communication costs in transaction processes, and further improving the price system and research dimensions of the secondary aluminum industry chain, SMM, after multiple rounds of market surveys and data accumulation, plans to revise the content of the original price points. The specific update arrangements are as follows for market reference. Explanation of Modifications to the Original Aluminum Scrap Price Points: The content changes for the following four price points—Shredded Aluminum Tense Scrap (Foshan), Shredded Aluminum Tense Scrap (Anhui), Shredded Aluminum Tense Scrap (Changege), and Shredded Aluminum Cast Scrap (Foshan)—only involve supplementary modifications to the names, specifications, and definitions of the previous price points and do not affect the reference and viewing of corresponding historical prices. 1. Price Point Name: Shredded Aluminum Tense Scrap (Foshan) revised to Shredded Aluminum Tense Scrap Liquid Aluminum Price (Foshan) Specification: Water yield rate 90-93% revised to Water yield rate 90-93%, Copper >1.5% Definition: Transaction price, self pick-up price at goods yard revised to Liquid aluminum price, settled based on actual metal yield, guidance price for self pick-up at goods yards in the Foshan area. 2. Price Point Name: Shredded Aluminum Tense Scrap (Anhui) revised to Shredded Aluminum Tense Scrap Liquid Aluminum Price (Anhui) Specification: Water yield rate 90-93% revised to Water yield rate 90-93%, Copper >1.5% Definition: Transaction price, self pick-up price at goods yard revised to Liquid aluminum price, settled based on actual metal yield, guidance price for self pick-up at goods yards in the Anhui area. 3. Price Point Name: Shredded Aluminum Tense Scrap (Changege) revised to Shredded Aluminum Tense Scrap Liquid Aluminum Price (Changege) Specification: Water yield rate 90-93% revised to Water yield rate 90-93%, Copper >1.5% Definition: Transaction price, self pick-up price at goods yard revised to Liquid aluminum price, settled based on actual metal yield, guidance price for self pick-up at goods yards in the Changege area. 4. Price Point Name: Shredded Aluminum Cast Scrap (Foshan) revised to Shredded Aluminum Cast Scrap Liquid Aluminum Price (Foshan) Definition: Transaction price, self pick-up price at goods yard revised to Liquid aluminum price, settled based on actual metal yield, guidance price for self pick-up at goods yards in the Foshan area. Effective Time: The modifications to the aforementioned price points will be officially released starting November 12, 2025, and updated every working day. This revision aims to more accurately reflect market price levels through more refined grade classifications and provide market participants with more targeted decision-making references. Should you have any questions, please feel free to contact Chen Chichang at 021-51595820. SMM Aluminum Industry Research Team November 12, 2025
PriceNov 12, 2025 17:09With the development of the scrap metal industry, companies are paying more attention to scrap aluminum varieties and price points across different geographical regions. To meet market demands and provide more comprehensive spot price information, SMM, after extensive market research and preliminary communication, have launched the following price points for local scrap metal prices in Malaysia and Thailand on November 3, 2025: Malaysian Aluminium Scrap – Talon (Aluminium Wire and Cable) Malaysian Aluminium Scrap – UBC (Used Beverage Cans) Thai Aluminium Scrap – Talon (Aluminium Wire and Cable) Thai Aluminium Scrap – UBC (Used Beverage Cans) Introduction to the new SMM Malaysian scrap aluminum price points: SMM, taking into account the local and international demand for overseas aluminium scrap prices primarily in Southeast Asia, and based on overseas policies and market changes, has decided to launch several price points in reflection of the Southeast Asian aluminium scrap markets and trade. The specific details are as follows: Price Point 1: Addition of Malaysian Aluminium Scrap – Talon (Aluminium Wire and Cable) Name and Definition : Malaysian Aluminium Scrap – Talon (Aluminium Wire and Cable), ExWorks Malaysia, including VAT, MYR/tonne Launch Date : November 3, 2025 (Launched) Updated Frequency : The new price point will be updated before 12:00 PM on the first working day of each week (Kuala Lumpur time) Price Point 2: Addition of Malaysian Aluminium Scrap – UBC (Used Beverage Cans) Name and Definition : Malaysian Aluminium Scrap – UBC (Used Beverage Cans), ExWorks Malaysia, including VAT, MYR/tonne Launch Date : November 3, 2025 (Launched) Updated Frequency : The new price point will be updated before 12:00 PM on the first working day of each week (Kuala Lumpur time) Price Point 3: Addition of Thai Aluminium Scrap – Talon (Aluminium Wire and Cable) Name and Definition : Thai Aluminium Scrap – Talon (Aluminium Wire and Cable), ExWorks Thailand, including VAT, THB/tonne Launch Date : November 3, 2025 (Launced) Updated Frequency : The new price point will be updated before 12:00 PM on the first working day of each week (Kuala Lumpur time) Price Point 4: Addition of Thai Aluminium Scrap – UBC (Used Beverage Cans) Name and Definition : Thai Aluminium Scrap – UBC (Used Beverage Cans), ExWorks Thailand, including VAT, THB/tonne Launch Date : November 3, 2025 (Launched) Updated Frequency : The new price point will be updated before 12:00 PM on the first working day of each week (Kuala Lumpur time) We welcome more companies from both upstream and downstream industries to participate and support SMM in better serving the new energy industry chain. If you have any questions, please feel free to contact Liu Xiaolei at (+86)15021973263 or Chin Khai Yuen at (+60)124247012, or email adrian.chin@metal.com.
PriceNov 3, 2025 17:51With the development of the scrap metal industry, companies are paying more attention to scrap aluminum varieties and price points across different geographical regions. To meet market demands and provide more comprehensive spot price information, SMM, after extensive market research and preliminary communication, plans to launch the following price points for local scrap metal prices in Malaysia and Thailand on November 3, 2025: Malaysian Aluminium Scrap – Talon (Aluminium Wire and Cable) Malaysian Aluminium Scrap – UBC (Used Beverage Cans) Thai Aluminium Scrap – Talon (Aluminium Wire and Cable) Thai Aluminium Scrap – UBC (Used Beverage Cans) Introduction to the new SMM Malaysian scrap aluminum price points: SMM, taking into account the local and international demand for overseas aluminium scrap prices primarily in Southeast Asia, and based on overseas policies and market changes, has decided to launch several price points in reflection of the Southeast Asian aluminium scrap markets and trade. The specific details are as follows: Price Point 1: Addition of Malaysian Aluminium Scrap – Talon (Aluminium Wire and Cable) Name and Definition : Malaysian Aluminium Scrap – Talon (Aluminium Wire and Cable), ExWorks Malaysia, including VAT, MYR/tonne Launch Date : November 3, 2025 Updated Frequency : The new price point will be updated before 12:00 PM on the first working day of each week (Kuala Lumpur time) Price Point 2: Addition of Malaysian Aluminium Scrap – UBC (Used Beverage Cans) Name and Definition : Malaysian Aluminium Scrap – UBC (Used Beverage Cans), ExWorks Malaysia, including VAT, MYR/tonne Launch Date : November 3, 2025 Updated Frequency : The new price point will be updated before 12:00 PM on the first working day of each week (Kuala Lumpur time) Price Point 3: Addition of Thai Aluminium Scrap – Talon (Aluminium Wire and Cable) Name and Definition : Thai Aluminium Scrap – Talon (Aluminium Wire and Cable), ExWorks Thailand, including VAT, THB/tonne Launch Date : November 3, 2025 Updated Frequency : The new price point will be updated before 12:00 PM on the first working day of each week (Kuala Lumpur time) Price Point 4: Addition of Thai Aluminium Scrap – UBC (Used Beverage Cans) Name and Definition : Thai Aluminium Scrap – UBC (Used Beverage Cans), ExWorks Thailand, including VAT, THB/tonne Launch Date : November 3, 2025 Updated Frequency : The new price point will be updated before 12:00 PM on the first working day of each week (Kuala Lumpur time) We welcome more companies from both upstream and downstream industries to participate and support SMM in better serving the new energy industry chain. If you have any questions, please feel free to contact Liu Xiaolei at (+86)15021973263 or Chin Khai Yuen at (+60)124247012, or email adrian.chin@metal.com.
PriceOct 27, 2025 17:51