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/Images/icons/news-icon.png Primary Aluminium - News
LME aluminium to fluctuate at lows amid weak fundamentals, SHFE aluminium edges up /Images/icons/OpenNewWindowIcon.gif

LME aluminium has been largely range bound over the last seven days. The light metal which showed a mild uptrend on Thursday (June 22), last week, settled at US$1,868 per tonne after night trading on Friday, June 23. Shanghai Metals Market (SMM) observes that LME aluminium will k ...

AlCircle.com
26/Jun/2017
China produces 9.21 MT of aluminium in H1 2017, Shandong being the top producer /Images/icons/OpenNewWindowIcon.gif

The China Non-Ferrous Metals Industry Association (CNIA) has recently released data covering China’s aluminium industry chain for H1 2017 as well as forecast for aluminium production and consumption by 2020. West China’s 11 provinces produced 9.21 million tonnes of ...

AlCircle.com
23/Jun/2017
LME aluminium edges higher, but any extension further will be capped at US$1,885/t /Images/icons/OpenNewWindowIcon.gif

LME aluminium is showing mild uptrend. The light metal upon failing to break a support zone of US$1,862.50-US$1,871 per tonne, closed at US$1,872 per tonne on Thursday, June 22, marginally up by 0.34 per cent from its previous close of US$1,865.50 per tonne. Reuters’ techn ...

AlCircle.com
23/Jun/2017
A00 ingot prices drop further in major China markets; prebaked anode registers a rise /Images/icons/OpenNewWindowIcon.gif

The prices for A00 Aluminium Ingot for all provinces in the China markets (North, South, North-East and South-West) have plunged continuously in last two days after the last gain on June 21 2017. Currently, among the domestic markets, the prices for A00 Aluminium Ingot for Nor ...

AlCircle.com
23/Jun/2017
Prebaked anode price in East China market strengthens on snug supply and strong demand /Images/icons/OpenNewWindowIcon.gif

Prebaked anode price in East China market edged higher by 2.09 per cent as supply remained tight and demand grew from aluminium smelters restocking in advance. As on Thursday, June 22, prebaked anode price ranged at RMB 3,730-4,080 per tonne; the average price stood at RMB 3,905 ...

AlCircle.com
22/Jun/2017
LME aluminium falls as stocks return to growth, a brief rebound expected shortly /Images/icons/OpenNewWindowIcon.gif

LME aluminium fell from US$1,889 per tonne to US$1,865.50 per tonne after night trading on Wednesday, June 21 as aluminium stocks returned to growth. Unable to hold ground, the light metal shed 1.2 per cent of its brief gain. Shanghai Metals Market forecasts that LME aluminium wi ...

AlCircle.com
22/Jun/2017
A00 aluminium ingot prices keep rising in major China markets /Images/icons/OpenNewWindowIcon.gif

Primary aluminium ingot prices edged higher across major markets in China. As on Wednesday, June 21, A00 aluminium ingot price in North China ranges between RMB 13,770-13,790 per tonne; average price stands at RMB 13,780 per tonne, up 0.58 per cent from its previous price of RMB ...

AlCircle.com
21/Jun/2017
LME aluminium makes a comeback, but will the price rebound sustain? /Images/icons/OpenNewWindowIcon.gif

LME aluminium after lingering at the same level (US$1,861 per tonne) for two consecutive days jumped to US$1,889 per tonne on Tuesday, June 20. The 1.5 per cent rise from the recent low of US$1,861 per tonne marks a comeback for the light metal which has been trending downward fo ...

AlCircle.com
21/Jun/2017
LME aluminium likely to test resistance at US$1,899/t, SHFE aluminium surges on short selling /Images/icons/OpenNewWindowIcon.gif

LME aluminium is finally showing some resilience. The downtrend that has been continuing for seven days at a stretch came to a halt yesterday with the light metal closing at US$1,861.50 per tonne after the night trading on Monday, June 19, marginally up from US$1,861 per tonne on ...

AlCircle.com
20/Jun/2017
MCX-Aluminium stuck within a narrow range /Images/icons/OpenNewWindowIcon.gif

The Aluminium futures contract on the Multi Commodity Exchange fell below a key support level of INR 121.5 a kg in the past week. However, the contract has not witnessed any strong follow-through selling after this break and has been stuck in a narrow range between INR 120 and I ...

thehindubusinessline.com
20/Jun/2017