Fundamental weakness makes it difficult to sustain upward momentum in aluminium prices; short-term price correction observed
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Update time : 2025-02-25 16:48:53
Futures Market: Overnight, the most-traded SHFE aluminium 2504 contract opened at RMB 20,670 per tonne, hit a high of RMB 20,730 per tonne, a low of RMB 20,590 per tonne, and closed at RMB 20,600 per tonne, down RMB 135 per tonne or 0.65 per cent. Yesterday, LME aluminium opened at USD 2,677 per tonne, reached a high of USD 2,679 per tonne, a low of USD 2,641 per tonne, and closed at USD 2,652.5 per tonne, down USD 23 per tonne or 0.86 per cent.
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