Cloudy outlook for SHFE aluminium after prices fall amid Covid-19 curbs

Aluminium prices on the Shanghai Futures Exchange have fallen to their lowest since 2022, with market participants largely worrying about the light metal’s short-term outlook amid measures to contain the spread of Covid-19 in China.

Prices have been falling continually after the April 30-May 4 Labor Day break in the country. By Monday May 9, the front-month aluminium contract on the exchange had fallen by...

Published

Yiwen Ju

May 11, 2022

10:49 GMT

Shanghai