In August 2026, unwrought aluminium alloy exports were 51,600 tonnes, up 77.6 per cent YoY but down 11.9 per cent M-o-M. Cumulative exports from January to August 2026 were 348,700 tonnes, up 100.1 per cent Y-o-Y. By import source, in August 2026, China’s imports of unwrought aluminium alloy were highly concentrated in Russia and Southeast Asian countries. The top five sources that month—Russia, Malaysia, Thailand, Vietnam, and South Korea—totalled 55,200 tonnes, accounting for 77.2 per cent of total imports. Specifically, Russia ranked first with 18,000 tonnes (25 per cent), followed closely by Malaysia with 17,500 tonnes (24 per cent); Thailand recorded 11,500 tonnes (16 per cent), Vietnam 4,800 tonnes (7 per cent), and South Korea 3,400 tonnes (5 per cent). By export destination, Japan...
Futures: SHFE aluminium closed at RMB 24,375 per tonne in the previous trading session, edging down 0.04 per cent. The price stood above the MA10 (24,304) and MA30 (24,089.5), but slightly below the MA5 (24,258). Short-term moving averages flattened, while the medium-term bullish alignment remained intact, with the market consolidating at highs overall. On the MACD indicator, DIF=129.53 and DEA=139.74. DIF stayed above the zero axis but maintained a death cross, with the histogram at -20.43, indicating weakening bullish momentum and lingering short-term correction pressure. Trading volume rebounded slightly to 54,800 lots, with moderate market activity. The suggested core trading range for SHFE aluminium is 24,000-24,600. LME aluminium closed at USD 3,293.5 per tonne, down 0.20 per cent....
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Three-month LME aluminium lost 1.89% to settle at US$2,435 per tonne in the overnight trading. It is expected to trade between US$2,430-2,490 per tonne today. As of Wednesday, June 2, LME aluminium cash (bid) price stands at US$ 2442 per tonne, LME official settlement price stands at US$ 2442 per tonne; 3-months bid price stands at US$ 2463 per tonne, 3-months offer price is US$ 2463 per tonne; Dec 22 bid price stands at US$ 2463.50 per tonne, and Dec 22 offer price stands at US$ 2463.50 per tonne. The LME aluminium opening stock stood at 1683675 tonnes. Live Warrants totalled 1103875 tonnes, and Cancelled Warrants were 579800 tonnes. LME aluminium 3-months Asian Reference Price is hovering at US$ 2464.01per tonne. SHFE Aluminium Price Trend Benchmark aluminium price for SHFE increased to...
REEL International on 1st June has acquired GE Steam Power’s Aluminum AQCS (Air Quality Control Systems) Technology portfolio and related business in Norway. The know-how acquired includes the technologies developed under the ownerships of FLAKT, ABB and ALSTOM Environment. The acquired business serves primary aluminium smelters and is a technology leader in Emission Control in the following key Products and Technologies: Potline Gas Treatment Centre (GTC) and Bake Ovens Fume Treatment Centre (FTC), including implementation of specific heat exchangers and compact GTC/FTC design. The transaction includes a technology portfolio including numerous references and long-lasting customer relationships, as well as Intellectual Property composed mostly of Patents, Know-how and Tools for New Units...
Vedanta Limited has significantly expanded its aluminium ingot and aluminium products prices for the third time in a row, with effect from Wednesday, June 2, 2021. Vedanta has raised its aluminium ingot price by INR 6,250 per tonne or 2.9 per cent to INR 206,750-219,750 per tonne on June 2. Last week, on May 28, the ingot price was at INR 200,500-213,500 per tonne, climbing by INR 3,250 per tonne from the previous day. With the latest increase, Vedanta’s aluminium wire rod price has come in at INR 214,250-221,750 per tonne, also up by INR 6,250 per tonne from INR 208,000-215,500 per tonne on May 28. The company’s billet price has also seen an increase of INR 6,250 per tonne from INR 208,500 per tonne to INR 214,750 per tonne. Vedanta links its aluminium products and aluminium ingot prices...
LME aluminium benchmark price gained 2.37 per cent on Tuesday to close at US$ 2,461.50 per tonne. The price is expected to move between US$ $2,450-2,520 per tonne. On Tuesday, June 1, LME aluminium cash (bid) price and LME official settlement price soared by US$ 57 per tonne to settle at US$ 2,461.50 per tonne compared to US$ 2,404.50 per tonne on Friday, May 28. 3-months bid price and 3-months offer price came in at US$ 2,485 per tonne, up by US$ 51 per tonne from US$ 2,434 per tonne on May 28. Dec 22 bid price and Dec 22 offer price grew 1.97 per cent from US$ 2,438 per tonne to US$ 2,486 per tonne on June 1. LME aluminium opening stock decreased from 1718300 tonnes on May 28 to 1707000 tonnes on June 1. Live Warrants totalled 1117375 tonnes, while Cancelled Warrants stood at 589625...
The premium for aluminium shipments to Japanese buyers has been set at $185 per tonne for July-September. The premium is higher by 24-25 per cent from the current quarter, reported sources involved in market pricing. During April-June quarter, the premiums for aluminium shipments were $148-$149 per tonne. This also registers the fourth straight quarterly hike and the highest premiums since the April-June quarter in 2015, Reuters reported. Japan is the biggest importer of aluminium in Asia and the premiums it agrees to pay for primary aluminium shipments for each quarter over the cash price settled at the London Metal Exchange (LME) set the benchmark for the region.
The London Metal Exchange was closed on Monday for Late May Bank Holiday. On Friday, May 28, LME aluminium cash (bid) price stood at US$ 2404.50 per tonne, LME official settlement price came in at US$ 2404.50 per tonne. LME aluminium is expected to move between US$2,450-2,520 per tonne. Shanghai base metals mostly dropped in the overnight trading amid the lower US index. SHFE aluminium fell 0.72%. SHFE Aluminium Price Trend Benchmark aluminium price for SHFE decreased to stand at US$ 2936 per tonne on Tuesday, 01 June 2021. The most-liquid SHFE 2107 aluminium contract finished the day 0.51% higher at RMB18,825 per tonne on Monday. Open interest fell 2,597 lots to 235,330 lots. The aluminium contract fell 0.72% to settle at RMB18,685 per tonne in the overnight trading. It is expected to...
According to the Shanghai Metals Market, prebaked anode price in East China has soared by RMB 315 per tonne on June 1, 2021, to stand at RMB 4,712.50 per tonne. This marks an increase after almost a month of restraint at RMB 4,397.50 per tonne. The average prices are expected to range between RMB 4,225 per tonne and RMB 5,200 per tonne. In Central China, prebaked anode price has expanded by RMB 230 per tonne to come in at RMB 4,450 per tonne. The average prices are expected to range between RMB 4,300 per tonne and RMB 4,600 per tonne. Among the other primary aluminium input costs, Australian alumina FOB price has gained US$ 3 per tonne to stand at US$ 279 per tonne since the last growth of the same amount to US$ 276 per tonne on May 11, found SMM. Meanwhile, aluminium powder price has...
Iran's aluminium production stood at 42,480 tonnes during the first month of the current fiscal year (ended April 20).That was up by 36% from 31,280 tonnes in the corresponding period of last year, according to the Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO). Iran’s flagship aluminium producer Iran Aluminum Company (IRALCO) produced the highest in the mentioned period. The company contributed 15,000 tonnes of the total output. Iran has an estimated aluminium nameplate capacity of 457,000 tonnes per year. The country now aims at increasing its annual aluminium output to more than 800,000 tonnes by March 2022 and to 1.5 million tonnes by 2025.
New Zealand’s only aluminium smelter, NZAS has a reported loss and a large write-down of its assets at a time when aluminium prices are recovering. Pacific Aluminium, a joint venture between the Anglo-Australian multinational Rio Tinto holding 79.36% stake in NZAS, and the Tokyo-based Sumitomo Chemical Company hold 20.64% has reported a net loss after tax of $100 million at the Tiwai Point smelter and an asset write-down of $223 million for the financial year ending December’20. Stew Hamilton, CEO, NZAS, said: “The result reflected the challenging market environment of 2020.” “In 2021 we have seen an improved aluminium market and in conjunction with the new electricity agreement for the smelter, announced in January 2021, this enables a sustainable extension of operations at Tiwai Point.”...
Three-month LME aluminium went up 0.78% to close at US$2,506 per tonne last Friday. SMM expects the contract to trade between US$2,480-2,540 per tonne today. As of Friday, May 28, LME aluminium cash (bid) price stands at US$ 2404.50 per tonne, LME official settlement price stands at US$ 2404.50 per tonne; 3-months bid price stands at US$ 2434 per tonne, 3-months offer price is US$ 2434 per tonne; Dec 22 bid price stands at US$ 2438 per tonne, and Dec 22 offer price stands at US$ 2438 per tonne. The LME aluminium opening stock stood at 1718300 tonnes. Live Warrants totalled 1127600 tonnes, and Cancelled Warrants were 590700 tonnes. LME aluminium 3-months Asian Reference Price is hovering at US$ 2460.66 per tonne. SHFE Aluminium Price Trend Benchmark aluminium price for SHFE increased to...
Primary aluminium market has witnessed a rise in LME aluminium benchmark price this week during May 24-28. The Chinese domestic aluminium ingot price has also seen a surge of RMB 480 per tonne through the week. Besides, the market has encountered hikes in Vedanta’s and Hindalco’s aluminium ingot prices and decrease in Nalco’s aluminium price. Let us now take a quick view to each of the events in the global primary aluminium market this week. LME aluminium cash (bid) price and LME official settlement price increased this week during May 24-28 by US$ 99.50 per tonne. The prices started the week nosedived by US$ 98 per tonne to US$ 2,305 per tonne on Monday but surged throughout the week to come in at US$ 2,404.50 per tonne. Benchmark aluminium price for SHFE gained US$ 119 per tonne through...
SMM aluminium ingot price started the week with a decrease of RMB 110 per tonne on Monday, 24 May 2021 to RMB 18,340 per tonne. The price increased on Tuesday and Wednesday to stand at RMB 18370 per tonne and RMB 18390 per tonne, up by RMB 30 per tonne and RMB 20 per tonne. The aluminium price closed the week higher at RMB 18820 per tonne on Friday, 28 May 2021, a jump of RMB 450 per tonne from Thursday. It is likely to trade between RMB 18800- 18840 per tonne. According to the Shanghai Metals Market, social inventories of primary aluminium have decreased by 58,000 tonnes or 5.69 per cent across eight major consumption areas in China, including SHFE warrants, to come in at 962,000 tonnes as of Thursday, May 27. The alumina price in China stood higher by RMB 18 per tonne to stand at RMB...
Hindalco Industries Limited has further raised its aluminium ingot and aluminium products prices for the second time in a row with effect from Friday, May 28. Hindalco’s aluminium ingot price has seen an increase of INR 3,500 per tonne or 1.77 per cent to come in at INR 201,000 per tonne. On May 26, the company’s aluminium ingot price was at INR 197,500 per tonne, climbing by INR 2,500 per tonne from the previous day. Hindalco is now selling its aluminium wire rod price at INR 212,100 per tonne with effect from May 28, also up by INR 3,500 per tonne from INR 208,600 per tonne on May 26. Hindalco’s aluminium billets price is now at INR 208,100 per tonne compared to INR 204,600 per tonne on May 26. Hindalco links its aluminium ingot and aluminium products prices to the three-month futures...
Three-month LME aluminium advanced 0.44 per cent to settle at US$ 2,390 per tonne on Monday but fell 0.19 per cent on Tuesday to close at US$ 2,385.50 per tonne. On Wednesday, the price rose 1.17 per cent to US$ 2,413.50 per tonne and closed higher on Thursday at US$ 2,486.50 per tonne. LME aluminium cash (bid) price and LME official settlement price increased this week during May 24-28 by US$ 99.50 per tonne. The prices started the week nosedived by US$ 98 per tonne to US$ 2,305 per tonne but rebounded through the week. On Tuesday, the prices grew to US$ 2,341 per tonne and further expanded to US$ 2,359.50 per tonne on Wednesday, May 26. On Thursday, May 27, both LME aluminium cash (bid) price and LME official settlement price extended their growth to come in at US$ 2,388 per tonne and...
Vedanta has continued to raise its aluminium products price by more than 1%. With effect from Friday, 28 May 2021, the prices of some aluminium ingots have inched up by INR 3,250 per tonne to stand at INR 200,500-213,500 per tonne from INR 197,250-210,250- per tonne on May 26. The company’s billets price stands at INR 208,500 per tonne on Friday, 28 May 2021, an increase of 1.58% or INR 3,250 per tonne from INR 205,250per tonne on May 26. The Indian aluminium producers generally link prices of its products to the three-month futures of aluminium on London Metal Exchange. The aluminium price on stood at US$ 2,388 per tonne on Thursday, May 27, an increase from US$ 2,359.5 per tonne on May 26. Vedanta’s aluminium business typically accounts for one-third of the company’s consolidated sales....
National Aluminium Company Limited (NALCO) has reduced its aluminium ingot and aluminium products prices for the third time with effect from Thursday, May 27. NALCO’s aluminium ingot price has come in at INR 196,350-199,850 per tonne after being reduced by INR 4,000 per tonne or 2 per cent from INR 200,350-203,850 per tonne on May 22. With the latest cut, NALCO’s aluminium wire rod price is ranging between INR 199,850-204,200 per tonne compared to INR 203,850-208,200 per tonne on May 22. NALCO’s aluminium billets price has also witnessed a cut of INR 4,000 per tonne from INR 203,800-206,450 per tonne to INR 199,800-202,450 per tonne. NALCO, like any other Indian aluminium producers, links its aluminium ingot and aluminium products prices to the three-month futures of aluminium on the...
A00 aluminium ingot price in China has surged by RMB 450 per tonne to come in at RMB 18,820 per tonne on Friday, May 28, found the Shanghai Metals Market. The average prices are expected to range between RMB 18,800 per tonne and RMB 18,840 per tonne, with spot contract to be traded at a premium price of RMB 10-30 per tonne, down by RMB 10 per tonne from the previous day. In Chongqing, primary aluminium ingot price has soared by RMB 455 per tonne to stand at RMB 18,845 per tonne, followed by the hike of RMB 450 per tonne in Gongyi and Foshan to RMB 18,810 per tonne and RMB 18,990 per tonne, respectively. In Shenyang and Tianjin, A00 aluminium ingot price has climbed by RMB 430 per tonne to peg at RMB 18,805 per tonne and RMB 18,800 per tonne, while the price in Wuxi and Hangzhou has...
Three-month LME aluminium rose 3.02% to close at US$2,486.5 per tonne on Thursday. SMM expects the contract to trade between US$2,460-2,500 per tonne today. As of Thursday, May 27, LME aluminium cash (bid) price stands at US$ 2388 per tonne, LME official settlement price stands at US$ 2388 per tonne; 3-months bid price stands at US$ 2421 per tonne, 3-months offer price is US$ 2421 per tonne; Dec 22 bid price stands at US$ 2432.50 per tonne, and Dec 22 offer price stands at US$ 2432.50 per tonne. The LME aluminium opening stock stood at 1724075 tonnes. Live Warrants totalled 1136900 tonnes, and Cancelled Warrants were 587175 tonnes. LME aluminium 3-months Asian Reference Price is hovering at US$ 2423.14 per tonne. SHFE Aluminium Price Trend Benchmark aluminium price for SHFE increased to...
