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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According to the SMM data, on Thursday, July 27, China's A00 aluminium ingot price surged by US$140 per tonne to close at RMB 18,490 per tonne. The spot contract price is expected to be traded at a premium price of RMB 0 to RMB 40 per tonne, and the average prices are expected to stand between RMB...
On Monday, July 26, China's A00 aluminium ingot price extended its growth for the fifth consecutive day. As per SMM, the price has gained RMB 10 per tonne to close at RMB 18,350 per tonne, with the spot contract price expected to be traded at a premium price of RMB 0 to RMB 40 per tonne. The...
The average alumina spot price in China has climbed up for the seventh consecutive day to reach RMB 2,852 per tonne on Tuesday, July 25, found the Shanghai Metals Market. The price has increased by RMB 3 per tonne to tower RMB 11 per tonne over a week. However, today's growth has only touched upon...
The Shanghai Metal Market (SMM), today, on July 24, has recorded a growth of RMB 10 per tonne to settle at RMB 18,320 per tonne. On a Y-o-Y calculation, the price expanded by RMB 480 per tonne from RMB 17,840 per tonne recorded on July 25 2022. The average price as of today is expected to range...
On July 20, 2023, analysts and traders said that Chinese alumina prices escalated to their highest on constraint provision in more than a month amid augmented demand from aluminium smelters in the southwestern Yunnan province. On July 20, the Shanghai Futures Exchange witnessed a remarkable surge...
The average alumina spot price in China has continued to grow for the fifth day in a row by RMB 2 per tonne to close the week on Friday, July 21, at RMB 2,847 per tonne, found the Shanghai Metals Market survey. On a week-on-week basis, the price stood at 0.57 per cent or RMB 16 per tonne higher...
On Thursday, July 20, the Shanghai Metal Market (SMM) notified that the average alumina spot price has ascended by RMB 3 per tonne to close at RMB 2,845 per tonne. On M-o-M calculation, a growth of RMB 31 per tonne was witnessed from RMB 2,814 per tonne recorded on June 20. As of today, the prices...
The Shanghai Metal Market, today, on July 19, notified that China’s aluminium ingot price has deflected RMB 100 per tonne downwards to officially settle at RMB 18,270 per tonne, with average prices circling between RMB 18,250 per tonne and RMB 18,290 per tonne. The SMM aluminium price today is...
On Tuesday, July 18, China’s A00 aluminium ingot price has grown by RMB 20 per tonne to close at RMB 18,370 per tonne. On a W-o-W calculation, a hike of RMB 120 per tonne was witnessed from RMB 18,250 per tonne recorded on July 12. As of today, the average prices are estimated to range between RMB...
The average alumina spot price has grown by RMB 2 per tonne over the weekend after an intermittent restraint at RMB 2,831 per tonne on Friday, July 14, according to the Shanghai Metals Market data. On Monday, July 17, the price has stopped at RMB 2,833 per tonne, up by RMB 11 per tonne from RMB...
According to the Shanghai Metal Market, today, on July 13, China’s aluminium ingot price has skyrocketed by RMB 210 per tonne to officially settle at RMB 18,440 per tonne, with average prices ranging between RMB 18,420 per tonne and RMB 18,460 per tonne. At the beginning of July, China’s aluminium...
According to the Shanghai Metals Market survey, China’s metallurgical-grade alumina production in June 2023 (30 calendar days) totalled 6.46 million tonnes, down by 1.22 per cent from 6.54 million tonnes in May (31 calendar days). The daily average production in the said month was recorded at...
On Wednesday, July 12, the average alumina spot price in China has grown by RMB 2 per tonne to close at RMB 2,827 per tonne. On M-o-M calculation, the alumina price has fallen by RMB 6 per tonne from RMB 2,833 per tonne recorded on June 12. As of today, the price in Shanxi has grown by RMB 10 per...
The alumina spot price in China has shifted up the graph by RMB 3 per tonne, officially stopping at RMB 2,825 per tonne, followed by RMB 10 per tonne augmentation in Shanxi to close at RMB 2,810 per tonne. As per the records of the Shanghai Metal Market, today, on July 11, China’s aluminium spot...
The Shanghai Metal Market, today, on July 7, has recorded an RMB 70 per tonne slump in China’s aluminium spot price, with it officially resting at RMB 18,210 per tonne, with average prices hovering between RMB 18,190 per tonne and RMB 18,230 per tonne. The highest bid price recorded this year was...
On Thursday, July 6, A00 aluminium ingot price in China has dropped by RMB 40 per tonne to close at RMB 18,280 per tonne. The average prices are expected to range between RMB 18,260 per tonne and RMB 18,300 per tonne, and the spot prices may be traded at a discount price of RMB 20 per tonne to a...
According to the Shanghai Metal Market, the aluminium spot price in China has spiked by RMB10 per tonne to RMB 18,550 per tonne, with average prices hovering between RMB 18,530 per tonne and RMB 18,570 per tonne, today, July 3. The aluminium spot price has returned to the price range it started the...
On Friday, June 30, China’s A00 aluminium ingot price closed the week with a fall of RMB 10 per tonne to close at RMB 18,540 per tonne, with the spot contract price expected to be traded at a premium price of RMB 250 per tonne to RMB 290 per tonne. The average prices are expected to orbit between...
