Core Viewpoint - The London Metal Exchange (LME) aluminum futures prices are experiencing fluctuations, with a slight increase observed on September 5, 2023, indicating ongoing volatility in the aluminum market [1]. Group 1: Price Movements - On September 5, 2023, LME aluminum futures opened at $2592 per ton and were reported at $2597.5 per ton, reflecting a 0.29% increase [1]. - The trading range for September 5 saw a high of $2598 per ton and a low of $2590 per ton [1]. - On September 4, 2023, LME aluminum futures closed at $2590 per ton, down by 0.92% from the previous day [2]. Group 2: Inventory and Market Data - As of September 4, 2023, LME registered aluminum warrants totaled 468,750 tons, with canceled warrants at 10,850 tons, remaining unchanged [2]. - The total aluminum inventory on LME was reported at 479,600 tons, also unchanged [2]. - On the same day, the Shanghai Futures Exchange (SHFE) reported aluminum warrants at 59,583 tons, an increase of 26 tons compared to the previous trading day [2]. Group 3: Import and Profitability Metrics - The electrolytic aluminum spot price ratio between Shanghai and London was recorded at 7.92, indicating the profitability of imports [2]. - The import loss for aluminum was reported at -1,320.0 yuan per ton, a slight improvement from the previous day's loss of -1,357.06 yuan per ton [2].

Group 1 - The core viewpoint of the news is that LME aluminum futures prices are experiencing a slight upward trend, with current trading prices showing a minor increase compared to previous sessions [1][2]. - On September 2, LME aluminum futures opened at $2619.5 per ton and reached a current price of $2624 per ton, reflecting a 0.17% increase [1]. - The trading range for LME aluminum on September 1 included an opening price of $2614.0, a high of $2620.0, a low of $2605.0, and a closing price of $2619.5, indicating a 0.04% change [2]. Group 2 - As of September 1, the Shanghai Futures Exchange reported aluminum warehouse receipts at 58,529 tons, which is a decrease of 100 tons compared to the previous trading day [2]. - The electrolytic aluminum spot price ratio between Shanghai and London was recorded at 7.9, with an import loss of -1,323.15 yuan per ton, compared to -1,288.51 yuan per ton on the previous trading day [2]. - LME's registered aluminum warehouse receipts stood at 468,750 tons, with canceled receipts at 12,300 tons, indicating no change, while total aluminum inventory remained at 481,050 tons, also unchanged [2].

Group 1 - LME aluminum futures prices are experiencing a weak trend, opening at $2614 per ton and currently at $2611 per ton, with a decline of 0.31% [1] - The highest price during the day reached $2619 per ton, while the lowest dipped to $2608.5 per ton [1] - On August 29, LME aluminum futures opened at $2607.5, peaked at $2622.0, and closed at $2618.5, reflecting a change of 0.40% [2] Group 2 - As of August 29, the Shanghai Futures Exchange reported aluminum warehouse receipts at 58,629 tons, an increase of 1,354 tons compared to the previous trading day [2] - The electrolytic aluminum spot price ratio between Shanghai and London was 7.93, with an import loss of -1,288.51 yuan per ton, slightly improved from -1,318.71 yuan per ton the previous day [2] - LME registered aluminum warehouse receipts totaled 468,750 tons, with canceled receipts at 12,300 tons, a decrease of 100 tons, and total aluminum inventory at 481,050 tons, also down by 100 tons [2]

Group 1 - LME aluminum futures prices are experiencing weak fluctuations, opening at $2593 per ton and currently at $2586 per ton, with a decline of 0.27% [1] - On August 21, LME aluminum futures opened at $2577.0, reached a high of $2594.0, and closed at $2594.0, reflecting an increase of 0.64% [2] - As of August 21, the LME registered aluminum warehouse receipts totaled 465,475 tons, with canceled receipts at 14,050 tons, and total aluminum inventory remaining stable at 479,525 tons [2] Group 2 - The Shanghai Futures Exchange reported a decrease in aluminum warehouse receipts to 59,890 tons, down by 3,048 tons compared to the previous trading day [2] - The electrolytic aluminum spot price ratio between Shanghai and London is 8.01, with an import loss of -1,151.67 yuan per ton, slightly improved from -1,153.56 yuan per ton on the previous trading day [2]

Group 1 - LME aluminum futures prices continue to decline, opening at $2569 per ton and currently at $2561.5 per ton, reflecting a decrease of 0.23% [1] - On August 19, LME aluminum futures closed at $2565.5 per ton, with a decrease of 0.89% from the previous day [2] - The highest price during the trading session on August 20 was $2569 per ton, while the lowest was $2558 per ton [1] Group 2 - As of August 19, the Shanghai Futures Exchange reported aluminum warehouse receipts at 65,467 tons, a decrease of 25 tons compared to the previous trading day [2] - The electrolytic aluminum spot price ratio between Shanghai and London was 7.96, with an import loss of 1,289.26 yuan per ton, improving from a loss of 1,402.42 yuan per ton the previous day [2] - LME registered aluminum warehouse receipts totaled 465,475 tons, with 14,050 tons canceled, remaining unchanged; total aluminum inventory was 479,525 tons, also unchanged [2]

Group 1 - LME aluminum futures prices are experiencing weak fluctuations, opening at $2602.5 per ton and currently at $2594 per ton, with a decline of 0.35% [1] - On August 15, LME aluminum futures opened at $2621.5, reached a high of $2631.5, and closed at $2600.5, reflecting a decrease of 0.91% [2] - The registered aluminum warehouse receipts at LME totaled 465,450 tons, with canceled receipts at 14,100 tons, showing a decrease of 125 tons [2] Group 2 - As of August 15, the Shanghai Futures Exchange reported aluminum warehouse receipts of 65,191 tons, an increase of 7,245 tons compared to the previous trading day [2] - The current import loss for electrolytic aluminum is -1,459.53 yuan per ton, compared to -1,359.21 yuan per ton on the previous trading day [2] - LME aluminum inventory stands at 479,550 tons, with a reduction of 125 tons [2]

Group 1 - Marubeni Corp reports that aluminum inventory at Japan's three major ports decreased to 315,400 tons by the end of July 2025, a reduction of 0.4% from the previous month [1] - Yokohama and Nagoya saw a decline in inventory, while Osaka experienced an increase [1] - This marks the second consecutive month of declining aluminum inventory at Japanese ports, indicating relatively weak demand as the aluminum premium in Q3 significantly dropped compared to Q2 levels [1] Group 2 - Specific inventory levels as of July 2025: Yokohama at 136,900 tons (down 0.87% month-on-month), Nagoya at 159,700 tons (down 1.60% month-on-month), and Osaka at 18,800 tons (up 15.34% month-on-month) [2] - Year-on-year changes show Nagoya's inventory increased by 12.70%, while Yokohama and Osaka saw decreases of 1.23% and 2.59% respectively [2] - Overall, the total inventory of 315,400 tons reflects a 5.27% increase compared to July 2024 [2]

Core Viewpoint - The LME aluminum futures prices are experiencing weak fluctuations, with a slight decline observed in the latest trading session [1] Group 1: LME Aluminum Futures Performance - On August 8, LME aluminum futures opened at $2612.5 per ton and are currently at $2608 per ton, reflecting a decrease of 0.10% [1] - The trading session on August 7 saw LME aluminum futures open at $2619.0, reach a high of $2641.5, a low of $2501.0, and close at $2610.0, marking a decline of 0.51% [1] Group 2: Market Data and Inventory - As of August 7, the Shanghai Futures Exchange reported aluminum warehouse receipts at 42,031 tons, a decrease of 631 tons compared to the previous trading day [1] - The electrolytic aluminum spot price ratio between Shanghai and London was recorded at 7.87, with an import loss of -1662.79 yuan per ton, compared to -1293.96 yuan per ton on the previous trading day [1] - LME registered aluminum warehouse receipts stood at 455,275 tons with 14,225 tons canceled, while total aluminum inventory increased by 1,575 tons to 469,500 tons [1]

Group 1 - LME aluminum futures prices experienced a slight increase, opening at $2566 per ton and currently trading at $2569.5 per ton, reflecting a 0.18% rise [1] - The highest price during the trading session reached $2571 per ton, while the lowest dipped to $2560 per ton [1] - On August 5, LME aluminum futures closed at $2567 per ton, showing a decrease of 0.10% from the previous day [1] Group 2 - As of August 5, the Shanghai Futures Exchange reported aluminum warehouse receipts at 44,287 tons, a decrease of 2,362 tons compared to the previous trading day [1] - The electrolytic aluminum spot price ratio between Shanghai and London was recorded at 7.99, with an import loss of -1,333.86 yuan per ton, slightly improved from -1,357.76 yuan per ton the previous day [1] - LME registered aluminum warehouse receipts totaled 452,950 tons, with 13,075 tons canceled, resulting in a net increase of 1,575 tons; total aluminum inventory rose by 2,300 tons to 466,025 tons [1]

Core Viewpoint - The LME aluminum futures prices are experiencing low-level fluctuations, with a slight decrease observed on August 4, 2023, indicating a stable but cautious market environment [1]. LME Aluminum Futures Overview - On August 4, 2023, LME aluminum futures opened at $2570.5 per ton and are currently at $2568.5 per ton, reflecting a decline of 0.12%. The intraday high reached $2574 per ton, while the low was $2559 per ton [1]. - On August 1, 2023, LME aluminum futures had an opening price of $2565.0, a high of $2576.0, a low of $2543.0, and a closing price of $2569.5, showing a change of 0.18% [1]. Aluminum Market Updates - As of August 1, 2023, the registered aluminum warehouse receipts at LME totaled 449,300 tons, with 13,500 tons canceled, a reduction of 525 tons. The total aluminum inventory increased by 1,775 tons to reach 462,800 tons [1]. - The electrolytic aluminum spot price ratio between Shanghai and London was reported at 7.99 on August 1, 2023, with an import loss of 1,408.38 yuan per ton, slightly improved from the previous day's loss of 1,448.75 yuan per ton [1]. - On August 1, 2023, aluminum futures warehouse receipts amounted to 48,658 tons, which is a decrease of 511 tons compared to the previous trading day [1].