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 showed restraint on Monday at US$ 2,273.50 per tonne but fell the next day, on March 30, to US$ 2227.50 per tonne. On Wednesday, March 31, the price dropped further by 0.67 per cent to settle at US$ 2,212.50 per tonne; however, it rose on Thursday, April 1, by 0.79 per cent to US$ 2,230 per tonne. As of Monday, March 29, LME aluminium cash (bid) price and LME official settle price started the week at US$ 2255.50 per tonne, which on Tuesday, March 30, decreased by US$ 35 per tonne to US$ 2220.50 per tonne. Continuing to decline further, both LME aluminium cash (bid) price and LME official settle price stood at US$ 2212.50 per tonne on Wednesday, March 31. On Thursday, April 1, the prices closed the week restrained. On Monday, March 29, 3-months bid price and...
SMM aluminium ingot price started the week with a hike of RMB 60 per tonne on Monday, March 29 2021 to RMB 17390 per tonne. The price on Tuesday and Wednesday declined to stand at RMB 17340 per tonne and RMB 17160 per tonne. The aluminium price closed the week higher at RMB 17430 per tonne on Friday, 02 April 2021, from Thursday’s price of RMB 17260 per tonne. It is likely to trade between RMB 17410- 17450 per tonne. According to the Shanghai Metals Market, social inventories of primary aluminium rose 8,000 tonnes across eight major consumption areas in China, including SHFE warrants, to come in at 1.251 million tonnes as of Thursday, April 1. The aluminium alloy (ADC12) price remained almost flat. The price did not show any movement on Monday and Tuesday. ADC12 price on Wednesday dropped...
Malaysian aluminium smelter, Press Metal has been adored by the investors as the metal producer focus on ESG practices, while the world’s largest glove producers, Top Glove topples due to environmental, social and governance (ESG) matters. South-east Asia's biggest aluminium smelter gushed 18% in the March quarter to become the best performer on Malaysia's benchmark stock index. The plants those runs on hydropower, it has been noticed that their shares have rallied amid higher prices of the metal and speculates that its products made with low carbon footprint will be in demand. China is stressing to meet a goal of carbon neutrality by 2060, leaving aluminium producers that run on coal-fired power in the government's cross-hairs. Low Jin Wu, an analyst at Hong Leong Investment Bank, said...
Prebaked anode price in Southwest China market has risen by RMB 28 per tonne after a month of restrained. The price currently stands at RMB 4282.5 per tonne on Friday, 02 April 2021 from earlier price of RMB 4002.5 per tonne. It is likely to range at RMB 4135-4430 per tonne. Average prebaked anode prices in Northwest China market has also increased by RMB 280 per tonne to stand at RMB 4410 per tonne on Friday, 02 April. Prebaked anode prices in East China and Central China have remained unchanged at RMB RMB4192.5 per tonne and RMB4110 per tonne respectively. Australian alumina FOB price has climbed from USD274 per tonne to USD274.5 per tonne on Friday. This records a rise of USD0.5 per tonne. SMM aluminium ingot price has witnessed a hike for the second day in a row. The ingot price has...
According to the Shanghai Metals Market, social inventories of primary aluminium rose 8,000 tonnes across eight major consumption areas in China, including SHFE warrants, to come in at 1.251 million tonnes as of Thursday, April 1. Last week, on March 25, inventories stood at 1.243 million tonnes across China as the stocks lost around 7,000 tonnes week-on-week. The chart below indicates the current status of primary aluminium inventories across China in more details: In Hangzhou, primary aluminium inventories grew by 6,000 tonnes to come in at 105,000 tonnes, while the stocks in Wuxi increased by 5,000 tonnes to stand at 464,000 tonnes. Gongyi, Shanghai, Tianjin, and Linyi, the inventories gained only 1,000 tonnes over the week on April 1. In Gongyi and Shanghai, the inventories clocked at...
Three-month LME aluminium settled 0.79 per cent higher at US$ 2,230 per tonne on Thursday, with open interest decreasing 7,546 lots to 712,000 lots. It is expected to move between US$ 2,220-2,250 per tonne today. As of Thursday, April 1, both LME aluminium cash (bid) price and LME official settlement price remained restrained at US$ 2212.50 per tonne. But 3-months bid price and 3-months offer price grew by US$ 1 per tonne to stand at US$ 2236 per tonne. Dec 22 bid price and Dec 22 offer price hovered around US$ 2266 per tonne, down by US$ 10 per tonne from US$ 2256 per tonne on March 31. The LME aluminium opening stock continued to decrease from 1897075 tonnes on Wednesday to 1889400 on Thursday. Live Warrants totalled 1333350 tonnes, while Cancelled Warrants stood at 556050 tonnes. LME...
Morgan Stanley and ICBC Standard Bank are considering selling part of a loan, which they lend to a crucial business unit of Sanjeev Gupta’s GFG Alliance. This is a hint which speaks that lenders are gradually losing confidence in the metal producing group. According to an industry professional, the two financial giants have initiated discussions with potential buyers of their exposure to debt that financed GFG subsidiary Liberty Industries France’s acquisition of Rio Tinto’s aluminium smelter in 2018. However, it has also been stated by the industry professional: “The process is at an early stage and may not lead to a sale” All three parties have not commented on the transaction, as of yet. The aluminium plant at Dunkirk, northern France is Europe’s largest aluminium smelter and is...
After a month-long restraint at RMB 3902.50 per tonne, prebaked anode price in east China has surged by RMB 290 per tonne on April 1, 2021, to clock at RMB 4,192.50 per tonne. The average prices are expected to range between RMB 3,885 per tonne and RMB 4,500 per tonne. In central China, prebaked anode price has climbed by RMB 230 per tonne to stand at RMB 4,110 per tonne, with average prices expected to range between RMB 3,960 per tonne and RMB 4,260 per tonne. A00 aluminium ingot price in China has increased by RMB 100 per tonne on Thursday, April 1, after three consecutive days of decline from RMB 17,330 per tonne to RMB 17,160 per tonne, found the Shanghai Metals Markets. According to the data, the price is standing at RMB 17,260 per tonne, with average prices likely to range between...
Three-month LME aluminium dropped 0.67% to settle at US$2,212.5 per tonne on Wednesday, 31 March 2021. SMM expects the contract to move between US$2,210-2,250 per tonne today. As of Wednesday, March 31, LME aluminium cash (bid) price stands at US$ 2212.50 per tonne, LME official settlement price stands at US$ 2212.50 per tonne; 3-months bid price stands at US$ 2235 per tonne, 3-months offer price is US$ 2235 per tonne; Dec 22 bid price stands at US$ 2256 per tonne, and Dec 22 offer price stands at US$ 2256 per tonne. The LME aluminium opening stock stood at 1897075 tonnes. Live Warrants totalled 1330350 tonnes, and Cancelled Warrants were 566725 tonnes. LME aluminium 3-months Asian Reference Price is hovering at US$ 2229.11 per tonne. SHFE Aluminium Price Trend Benchmark aluminium price...
The global leading aluminium producer, Rusal has invested over $1billion in environmental projects between 2011 and 2020. The environmental measures and initiatives implemented by RUSAL over the past decade are highly praised, as the volume of emissions from the Company's enterprises has reduced by almost 20%, industrial wastewater discharges have dropped by more than twice and the consumption of freshwater has shrunk by a third. The introduction of modern production and environmental technologies as part of the modernization and development of existing production was accredited for such results. In 2020, the Company prioritised its work towards achieving its strategic environmental goals. Thus, last year the EcoSoderberg technology was introduced across the Krasnoyarsk aluminium plant...
According to a recent report, the Q2 2021 premiums for aluminium shipments to Japanese buyers are set at $148-$149 per tonne, which reflect a hike of 14-15 per cent from the March quarter. In Q1 ending on March 31, 2021, the premiums were agreed at $139-$140, an increase of 57-59 per cent from the previous quarter. Premiums have increased for the upcoming quarter primarily due to a tight container market and demand recovery from the COVID-19 induced slump, said four sources directly involved in pricing talks. The April-June premiums mark the third consecutive quarterly rise and represent the highest premiums since the same quarter in 2015. Japan is Asia's biggest importer of the light metal and the premiums for primary metal shipments it agrees to pay each quarter over the London Metal...
SMM aluminium ingot price dropped for the second time in a row. The aluminium price reduced by RMB 180 per tonne from Tuesday’s price of RMB 17340 per tonne. As on Wednesday, 31 March 2021, the price came in at RMB 17160 per tonne and is expected to move within a range of RMB 17140-17180 per tonne. In Foshan and Wuxi, the price slipped by RMB 170 per tonne and RMB 180 per tonne to stand at RMB 17160 per tonne on Wednesday, 31 March 2021. Aluminium prices in Hangzhou and Chongqing were RMB 17190 per tonne and 17140 per tonne, down RMB 160 per tonne each. Aluminium ingot prices in Shenyang, Tianjin, Linyi, and Gongyi decreased to stand at RMB 17160 per tonne, RMB 17190 per tonne, RMB 17180 per tonne, and RMB 17030 per tonne. The aluminium alloy (ADC12) price was down by RMB 50 per tonne to...
Three-month LME aluminium fell 2.02 per cent to close at US$ 2227.50 per tonne on Tuesday. It is expected to trade between US$ 2220-2280 per tonne today. As of Tuesday, March 30, LME aluminium cash (bid) price and LME official settlement price extended decline by US$ 35 per tonne to stand at US$ 2220.50 per tonne. 3-months bid price and 3-months offer price came in at US$ 2246 per tonne, down by US$ 33 per tonne from US$ 2279 per on March 29. Dec 22 bid price and Dec 22 offer price hovered around US$ 2259.50 compared to US$ 2284 per tonne on the previous day. The LME aluminium opening stock declined from 1917075 tonnes on Monday to 1905375 on Tuesday, March 30. Live Warrants totalled 1267750 tonnes, while Cancelled Warrants stood at 637625 tonnes. LME aluminium 3-months Asian Reference...
The British industrialist Sanjeev Gupta’s GFG Alliance is on the radar of the French government for preliminary investigation towards the disappearance of a loan dispensed by Greensill Capital to a French aluminium smelting plant. Greensill filed for insolvency protection on 8 th March 2021. According to the sources, the case recounts a government-backed loan worth about €18 million issued to a GFG-owned facility, Liberty Aluminium Poitou, in central France. The local investigators will look up to ascertain whether any criminal offence occurred, as revealed by an official from the Ministry of Industry, France. As per the report, Liberty Aluminium Poitou smelting plant secured the loan in December’20 but Greensill then solicited the money to be sent back in line with a two-month waiting...
Aluminium Bahrain (Alba), the world’s largest aluminium smelter ex-China, has received the British Safety Council’s the International Safety Award from the British Safety Council. The company has won award in recognition of its commitment to manage the risk of workplace injury and ill health in 2020. Alba’s Chief Executive Officer Ali Al Baqali said: “There is no limit when it comes to the Safety and well-being of our employees and contractors’ workers. Our priority on ‘Safety First & Always’ has helped us build a strong Safety culture all-year-round as well as empowered us to successfully navigate through the challenging times of COVID-19. We are pleased to be recognised again by the British Safety Council which is vote of confidence that we are what we repeatedly do – Safety Excellence...
Vedanta has raised its aluminium products price by more than 1% today. With effect from Saturday, 27 March 2021, the prices of some aluminium ingots came in at INR 188,000-201,000 per tonne, an increase of 1.29% or INR 2,500 per tonne from INR 185,500-198,500 per tonne on March 25. Billets price stands at INR 196,000 per tonne on Saturday, 27 March 2021, indicating a growth of INR 2,500 per tonne from INR 193,500 per tonne on March 25. 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 LME has been increasing since October. The price has climbed nearly 14% in the October-December. Vedanta’s aluminium business typically accounts for one-third of the company’s consolidated sales....
Three-month LME aluminium remained unchanged to close at US$2,273.5 per tonne on Monday. SMM expects the contract to trade between US$2,240-2,280 per tonne today. As of Monday, March 29, LME aluminium cash (bid) price stands at US$ 2255.50 per tonne, LME official settlement price stands at US$ 2255.50 per tonne; 3-months bid price stands at US$ 2279per tonne, 3-months offer price is US$ 2279 per tonne; Dec 22 bid price stands at US$ 2284 per tonne, and Dec 22 offer price stands at US$ 2284per tonne. The LME aluminium opening stock stood at 1917075 tonnes. Live Warrants totalled 1267750 tonnes, and Cancelled Warrants were 649325 tonnes. LME aluminium 3-months Asian Reference Price is hovering at US$ 2288.89per tonne. SHFE Aluminium Price Trend Benchmark aluminium price for SHFE decreased...
A00 aluminium ingot price in China has decreased by RMB 50 per tonne to stand at RMB 17,340 per tonne on Tuesday, March 30, following the three consecutive days of hike from RMB 17,080 per tonne to RMB 17,390 per tonne, according to Shanghai Metals Market. The average prices are expected to range between RMB 17,320 per tonne and RMB 17,360 per tonne, with spot contract to be traded at a premium price of RMB 30-10 per tonne. In Shenyang, A00 aluminium ingot price has declined by RMB 85 per tonne to RMB 17,305 per tonne, followed by the decrease of RMB 80 per tonne in Linyi to RMB 17,320 per tonne. In Hangzhou, primary aluminium ingot price has dwindled by RMB 70 per tonne to RMB 17,350 per tonne, while the price in Foshan and Chongqing has dropped by RMB 60 per tonne to come in at RMB...
