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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The Shanghai Metals Market, on April 16, saw a downward trend in aluminium prices, with the SMM A00 aluminium ingot price de-escalating by RMB 490 per tonne to settle at RMB 20,260 per tonne. This can be considered the first dip in a long while, i.e. from April 9, the SMM aluminium price has been...
China’s A00 aluminium ingot price gains RMB 260 per tonne to settle at RMB 20,560 per tonne, with average prices between RMB 20,540 per tonne and RMB 20,580 per tonne. The spot contract price may be traded at a discount price of RMB 20 per tonne to a premium price of RMB 20 per tonne. On M-o-M...
On Tuesday, April 2, the average alumina spot price in China lost RMB 2 per tonne to settle at RMB 3,299 per tonne. As per the SMM data, W-o-W, a fall of RMB 14 per tonne was witnessed from RMB 3,313 per tonne, as recorded on March 26. As of today, the prices in Henan and Shanxi have dropped by RMB...
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According to the International Aluminium Institute survey, alumina production in Africa & Asia (ex-China) during February 2024 recorded a significant annual growth of 13.8 per cent but a month-on-month fall of 3.06 per cent. As per the data, Africa & Asia’s (ex-China) alumina production in February...
The Shanghai Metals Market on April 1 showed considerable growth in aluminium prices, with the SMM A00 aluminium ingot price halting at RMB 19,520 per tonne, adding RMB 50 per tonne. The average prices ranged between RMB 19,500 per tonne and RMB 19,540 per tonne. The SMM aluminium price has...
On Friday, March 29, China's A00 aluminium ingot price increased by RMB 140 per tonne to arrive at RMB 19,470 per tonne. The spot contract price is expected to be traded at a discount price of RMB 130 per tonne and RMB 90 per tonne. The average price may be between RMB 19,450 per tonne and RMB...
The Shanghai Metals Market, on March 28, witnessed an overall upward streak, with the SMM A00 aluminium ingot price arriving at RMB 19,330 per tonne, experiencing RMB 60 per tonne growth. On a Week-on-Week scale there has been a slump of RMB 10 per tonne from RMB 19,340 per tonne recorded on March...
The Shanghai Metals Market on March 26 showed peak rises in the cost of aluminium, with the SMM A00 aluminium ingot price registering a rate of RMB 19,450 per tonne, gaining RMB 110 per tonne. If the aluminium price on March 19 last week is considered, we can see a stark Week-on-Week augmentation...
The Shanghai Metals Market, on March 22, today has shown mixed price trends with the SMM A00 aluminium ingot price shedding RMB 40 per tonne to officially close at RMB 19,300 per tonne. The eight central provinces in China have all displayed fluctuations in aluminium prices, with the only spike...
The Shanghai Metals Market has been on the lower side today, with the A00 aluminium ingot price arriving at RMB 19,240 per tonne, a slight decrease of RMB 10 per tonne. If we consider the price recorded on March 13, there can be seen an escalation of RMB 90 per tonne, or 0.47 per cent, from the RMB...
According to the National Bureau of Statistics (NBS), China’s primary aluminium production during January-February 2024 amounted to 7.1 million tonnes, up 5.5 per cent from the same period of the previous year. Although the combined data for two months reflect a year-on-year increase, output fell...
On Friday, March 15, China’s A00 aluminium ingot price slumped by RMB 80 per tonne to settle at RMB 19,180 per tonne, with the spot contract price expected to be traded at a premium price of RMB 10 to RMB 50 per tonne. The average prices may orbit between RMB 19,160 per tonne and RMB 19,200 per...
According to the Shanghai Metals Market survey, China’s average alumina spot price has dipped by RMB 1 per tonne on Thursday, March 14, marking the fourth consecutive day of fall. Thus, the price stands at RMB 3,321 per tonne, down by RMB 11 per tonne or 0.33 per cent week-on-week compared to RMB...
On Wednesday, March 13, China’s A00 aluminium ingot price ascended by RMB 20 per tonne to settle at RMB 19,150 per tonne, with the average prices between RMB 19,130 per tonne and RMB 19,170 per tonne. The spot contract price may be traded at a discount price of RMB 50 to RMB 10 per tonne. The...
According to the Shanghai Metals Market survey, the average alumina spot price has dropped by RMB 2 per tonne, marking a second consecutive day of fall. On the previous day, the average alumina price decreased by RMB 4 per tonne to stand at RMB 3,328 per tonne. Today, the price has come in at RMB...
On Monday, March 11, China’s A00 aluminium ingot price dropped by RMB 70 per tonne to settle at RMB 19,090 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 may orbit between RMB 19,070 per tonne and RMB 19,110 per...
According to the Shanghai Metals Market survey, China’s average alumina spot price has continued to decline since the beginning of March and today marks the fourth consecutive day. As per SMM data, the alumina price has experienced a drop of RMB 3 per tonne on Wednesday, March 6, to stand at RMB...
On Tuesday, March 5, China's average alumina spot price declined by RMB 7 per tonne to arrive at RMB 3,335 per tonne. As per the SMM data, the prices in Bayuquan, Henan and Lianyungang have plunged by RMB 30 per tonne, RMB 15 per tonne and RMB 10 per tonne to arrive at RMB 3,260 per tonne, RMB...
