Market Overview

摘要

SHFE AI market in the doldrums, attention on LME SHFE aluminum prices move in a narrow range with very small trading volume In August. The futures price just passively follows the price movement of domestic aluminum spot market and the SHFE aluminum market is gradually losing the value of hedge and speculation. The primary aluminum sector has been one of the major objects of Chinese government's macro-control measure. There have been intense debate and so many policy uncertainties on the primary aluminum sector. As a result, most of market players choose to retreat and stay at the sideline of the SHFE aluminum market.