SMM A00 Aluminum Ingot(CNY/mt)
On May 6, the SMM aluminum price CNY 19860/Mt, fell by CNY190/Mt from the previous trading day.Entering May 2025, the aluminum production capacity is expected to remain high and aluminum ingot inventory is expected to continue to fluctuate and decline, which will continue to provide strong support for aluminum prices, while the pressure comes from the weakening of demand margins and macroeconomic repetitions. Overall, it is expected that aluminum prices may rise this month, but the upper resistance will increase significantly.
CNY 20,007
Average Price of the Last 3 Days
CNY 20,012
Average Price of the Last 5 Days
CNY 19,860
Average Price of this week