China's domestic spot alumina prices continued their gradual downward trend last week, with sporadic discounted transactions emerging in the market, based on Mysteel's survey. The pressure was partly contributed by the persistent expectation of fresh supply coming online in southern China, leaving...
A NewPro study supports a staged 2,000-to-4,000-tonne-per-year high-purity alumina plant on the US Gulf Coast, with a post-tax NPV of about USD373 million and a 42.3 per cent IRR. Impact Minerals is advancing plans for a modular high-purity alumina (HPA) plant in the US after an independent scoping...
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Alumina price on October 21 opened with the continual trend of an all-time high of RMB 4642 per tonne, with an increase of 7.8 per cent since last week. Apart from the recent incident of flood in Guinea, which affected the bauxite supply in China, the country's domestic supply has been humungously...
This week, the upstream sector of the aluminium industry, comprising bauxite, alumina, and primary aluminium, witnessed some important events. One of the notable events would be the alumina price exceeding the RMB 4500 mark, breaking all the records of the past thirteen years. The alumina prices...
On October 18, Friday, the week has closed with a continuous upward price trend in alumina. As a matter of fact, most other aluminium commodities have seen a downward price except for alumina. Alumina has gained another RMB 51 per tonne, soaring to a new high of RMB 4607 (USD 647) per tonne. In the...
On Wednesday, October 16, Alcoa Corporation, the world’s eighth-largest aluminium producer, announced its third-quarter results that reflected sequential increases in net income and Adjusted EBITDA amid declines in production and shipments. According to the figures revealed by Alcoa, the company...
The Shanghai Metals Market (SMM) price indicator for alumina on Thursday, October 17, shows a gain of RMB 57 per tonne, totalling RMB 4556 per tonne. In Shandong and Henan regions, the price reached average RMB 4550 per tonne (ranging between RMB 4450-4650 per tonne in Shandong and RMB 4500-4600...
On Wednesday, October 16, the average alumina spot price has skyrocketed by RMB 101 per tonne to settle at RMB 4,499 per tonne. As per the data, the alumina prices in Shandong, Guangxi and Shanxi have gained RMB 100 per tonne to clock at RMB 4,475 per tonne, RMB 4,435 per tonne and RMB 4,575 per...
According to the Shanghai Metals Market (SMM), the average alumina spot price has surged significantly by RMB 94 per tonne to clock at RMB 4,398 per tonne. The prices have grown in most provinces, with the highest in Shandong and Shanxi, where it has skyrocketed by RMB 100 per tonne to settle at...
On Monday, October 14, the average alumina spot price in China opened the week with a surge of RMB 63 per tonne to halt at RMB 4,304 per tonne. W-o-W, the alumina price had grown by RMB 196 per tonne from RMB 4,108 per tonne. As of today, the prices in regions like Shanxi and Shandong have gained...
Alumina futures on the Shanghai Futures Exchange soared to a new record, driven by bauxite supply disruptions from Guinea and sustained demand from China. On Friday, alumina prices surged by as much as 6.4 per cent, reaching RMB 4,630 ($655) per tonne on the Shanghai Futures Exchange, marking the...
On Friday, October 11, the average alumina spot price in China hiked by RMB 27 per tonne to settle at RMB 4,241 per tonne. As per the Shanghai Metals Market (SMM) price analysis, the alumina price on a M-o-M surged by RMB 298 per tonne or 7.55 per cent. As of today, the prices have grown in most of...
China's non-ferrous metal market has seen a historical price movement of the average alumina spot price as it has leapt by RMB 44 per tonne overnight to exceed RMB 4,200 per tonne. According to the Shanghai Metals Market, China's domestic alumina price clocked at RMB 4,214 per tonne on Thursday,...
On Wednesday, October 9, China’s A00 aluminium ingot price declined by RMB 150 per tonne to settle at RMB 20,450 per tonne, with the spot contract price expected to be traded at a discount price of RMB 60 to RMB 20 per tonne. The average prices are expected to range between RMB 20,430 per tonne and...
According to the Shanghai Metals Market, China’s domestic alumina market has resumed after a week-long National Day holiday with a price surge of RMB 16 per tonne to stand at RMB 4,108 per tonne as of Tuesday, October 8. With the latest rise, China’s domestic alumina price has recorded a...
In September 2024, the global aluminium industry witnessed significant developments across production, sustainability, and market dynamics. Aluminium producers continued to push for greener technologies, as the global primary aluminium producers are focusing on expanding their low-carbon aluminium...
According to the Shanghai Metal Market (SMM), today, the week initiated with a surge in average prices of raw materials like alumina by RMB 18 per tonne to reach RMB 4,092 per tonne. This increased the price by RMB 189 per tonne in three months from RMB 3,903 per tonne. The price has expanded in...
According to the Shanghai Metal Market (SMM), today, the weekends have a surge in average prices of raw materials like alumina by RMB 16 per tonne, reaching RMB 4,074 per tonne. This brings the price higher by RMB 158 per tonne in one month from RMB 3,916 per tonne. The price has increased in some...
According to the Shanghai Metal Market, the price of raw materials like alumina has again surged by RMB 15 per tonne, bringing the average price to RMB 4,058 per tonne. Also, in some regions, the alumina price is high, like in Shanxi, where the price has improved by RMB 25 per tonne to peg at RMB...
According to the Shanghai Metals Market (SMM) survey, as of September 24, 2024, the average alumina price has shown steady growth, indicating the growing demand for the raw materials. As of today, the alumina price has surged by RMB 13 per tonne to peg at RMB 4,039 per tonne. Region wise price rise...
