SHFE aluminium closed at RMB 23,955 per tonne in the daytime session, down 0.27 per cent, with the price above the MA5 (23,951.01) but below the MA10 (24,016.00), MA30 (24,320.67), and MA60 (24,546.75), remaining below all key moving averages overall, while the bearish alignment of moving averages from top to bottom persisted. On the MACD indicator, DIF = -157.2476, DEA = -148.8593, the bearish crossover moved downward, and the negative histogram value was -16.7766. Although bearish momentum slightly eased, the bearish dominance remained unchanged.
Trading volume stayed low at 38,029 lots, reflecting sluggish market participation. The recommended core trading range for SHFE aluminium is RMB 23,300-24,000 per tonne. LME aluminium closed at USD 3,360 per tonne, falling below the MA60 (3,542.64) and remaining below all moving averages (MA5 = 3,387.10, MA10 = 3,427.10, MA30 = 3,568.60).
The moving average system has turned bearish, and the medium-term trend weakened. On the MACD indicator, DIF = -60.1064, DEA = -34.3315, the bearish crossover continued, and the negative histogram widened to -51.5498, with bearish momentum strengthening further. The recommended core trading range for LME aluminium is USD 3,250-3,450 per tonne.