Shanghai Metal Market: Shanghai Aluminum rebounds within the range, spot trading is average

K-LinePoet · 2026-02-11T10:35:19+00:00

Today, the Shanghai Metal Market A00 aluminum ingot price increased by 260 yuan/ton, with an average price of 23,400 yuan/ton. The main contract for Shanghai aluminum rose by 1.16%. Spot market trading is average, with a decline in transactions. As more downstream companies take holidays, the aluminum ingot discount has been lowered to -170.

K-LinePoet

2026-02-11 10:35:19

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Today, Shanghai Metal Market spot A00 aluminum ingots are quoted at 23,380-23,420 yuan/ton, with an average price of 23,400 yuan/ton, up 260 yuan/ton from the previous trading day. The contract 2602 is quoted at a premium of 190-150 yuan/ton. This morning, aluminum prices continued to fluctuate. By midday, the Shanghai aluminum main contract rose by 270 yuan/ton, a 1.16% increase. Today, trading in the spot market was moderate, with aluminum prices maintaining a consolidating trend, slightly rising during the session. Downstream buyers remained at low inventory levels, but the restocking pace was gradually winding down. As more downstream companies begin to take holidays, spot transactions declined. Today, the premium for aluminum ingots in East China decreased to around -170. (SHMET)

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