Shanghai aluminum futures prices plummeted, while the transaction price of aluminum in Zhongyuan remained high.

date
16/06/2026
The price of Shanghai aluminum futures plummeted in the night and early trading yesterday, as downstream processing enterprises in the central market showed a strong desire to purchase and increase their willingness to stock up. Trade merchants are inclined to quickly profit from the price difference, and the reluctance to sell at a low price is significant, driving market prices to remain high. The actual transaction price range in the central market ultimately revolved around a discount of 120-140 yuan/ton for the Shanghai aluminum 07 contract.