SMM A00 Aluminum Ingot Premium
SMM-AL-AL-002USD/tonne
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Price Details
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Commodity
Aluminum
Location
Shanghai, Wuxi, East China
Definition
In-warehouse Wuxi or Shanghai, China, Premium on top of SHFE current month prices
Quality
99.7% min Al content conforming to GB/T 1196-2023 primary unalloyed Aluminum Ingots "AL99.70" standard
VAT Rate
Original price includes 13% VAT Rate
Tax Rebate Rate
No tax rebate rate
Partial Price Collection Notes
Overview:In the morning session, the price center of the SHFE aluminum 2606 contract was higher than the level at the same time of the previous trading day. Affected by the off-season, market purchasing sentiment remained weak, coupled with ample circulating supply, and price acceptability in the market did not rise. Mainstream transaction prices were at premiums of -10 yuan/mt to -20 yuan/mt against the SHFE aluminum August contract.
Trader: The opening quote was at a premium -20 yuan/mt against the SHFE aluminum August contract, and it traded at this level. Today was average. Yesterday, aluminum prices fell and consumption picked up a bit. Recent arrivals have been very low, and destocking feels quite strong.
Trader: Opening saw a large volume of trades at a premium of -10 yuan/mt against the SHFE aluminum August contract. Downstream buying sentiment was good today, and most deals in the market were done at this price.
Upstream: The opening quote was at a premium of -10 yuan/mt against the SHFE aluminum August contract, and transactions at this price were acceptable today.
Trader: At the open, quotes were received at a premium of -10 yuan/mt against the SHFE aluminum August contract, and later purchases were made at a premium of -20 yuan/mt against the SHFE aluminum August contract. Recently, there has been little upward or downward momentum.
Trader: Opening spot aluminum quotes were at a premium of -10 yuan/mt against the SHFE aluminum August contract. Today, we felt that downstream procurement by our clients was moderate, likely because they had already restocked yesterday, but we would not sell at any lower price.
Historical Data
Daily
1 Month
SMM-AL-AL-002
SMM A00 Aluminum Ingot Premium
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Specification
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Jul 22, 2026
Partial Price Collection Notes
Overview:In the morning session, the price center of the SHFE aluminum 2606 contract was higher than the level at the same time of the previous trading day. Affected by the off-season, market purchasing sentiment remained weak, coupled with ample circulating supply, and price acceptability in the market did not rise. Mainstream transaction prices were at premiums of -10 yuan/mt to -20 yuan/mt against the SHFE aluminum August contract.
Trader: The opening quote was at a premium -20 yuan/mt against the SHFE aluminum August contract, and it traded at this level. Today was average. Yesterday, aluminum prices fell and consumption picked up a bit. Recent arrivals have been very low, and destocking feels quite strong.
Trader: Opening saw a large volume of trades at a premium of -10 yuan/mt against the SHFE aluminum August contract. Downstream buying sentiment was good today, and most deals in the market were done at this price.
Upstream: The opening quote was at a premium of -10 yuan/mt against the SHFE aluminum August contract, and transactions at this price were acceptable today.
Trader: At the open, quotes were received at a premium of -10 yuan/mt against the SHFE aluminum August contract, and later purchases were made at a premium of -20 yuan/mt against the SHFE aluminum August contract. Recently, there has been little upward or downward momentum.
Trader: Opening spot aluminum quotes were at a premium of -10 yuan/mt against the SHFE aluminum August contract. Today, we felt that downstream procurement by our clients was moderate, likely because they had already restocked yesterday, but we would not sell at any lower price.
Historical Data
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