LME aluminium price rises to $3,310/t: Can EGA and Alba repairs bring back 2025 levels?
The London Metal Exchange (LME) aluminium price reported improvements across the pricing and contract segments on the September 7 close, recovering from the downward trend reported at the September 4 session . As the repair and operations stabilise at the facilities of Emirates Global Aluminium...
WEEKLY: China alumina extends losses on capacity overhang, even as basis trade lifts physical offtake
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...
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Alumina price in Shandong stands RMB 10/t higher; Australian alumina FOB down by USD 4/t
As updated by Shanghai Metals Market, alumina price in Shandong China market has marked a hike after two days of restraint. The price has increased by RMB 10 per tonne to stand at RMB 2340 per tonne on Wednesday, 10 March 2021. Alumina price in other major markets remained unchanged today....
China’s alumina production extends downfall in February 2021 to 5.86 million tonnes, but daily output grows by 10% M-o-M
According to the latest data revealed by the Shanghai Metals Market, China produced 5.86 million tonnes of alumina in February 2021, marking the second consecutive month of decline, albeit slower than the previous month. In January, China’s alumina production was at 5.90 million tonnes, meaning the...
Weekly update: Aluminium ingot price in China saw mixed performance this week; Alumina price remained flat
SMM aluminium ingot price saw mixed performance this week. The price declined by RMB 220 per tonne and RMB 150 per tonne to stand at RMB 17050 per tonne and RMB 16900 per tonne on Monday,1 March and Tuesday, 2 March. The price on Thursday stood higher by RMB 150 per tonne to RMB 17580 per tonne,...
Alumina spot price in China shrinks to RMB2332/t after a week-long restraint; A00 aluminium ingot price declines by RMB480/t
The average alumina spot price in China has recorded a drop of RMB 12 per tonne to close the week on Friday, March 5, at RMB 2,332 per tonne, following a week-long restraint at RMB 2,344 per tonne, found the Shanghai Metals Market. In Shandong and Guangxi, the alumina spot price has decreased by...
Alumina production in East & Central Europe declines 1.4% M-o-M to 410,000 tonnes; Output in West Europe grows 0.63%
In East & Central Europe, alumina production in January 2021 stood at 410,000 tonnes, recording a downfall of RMB 6,000 tonnes or 1.44 per cent month-on-month, found the International Aluminium Institute. In December 2020, alumina production in East & Central Europe increased 3.48 per cent...
China’s alumina spot price shrinks by RMB18/t to RMB2344/t; A00 aluminium ingot price stands at RMB16740/t
The average alumina spot price in China has slipped by RMB 18 per tonne to stand at RMB 2,344 per tonne on Wednesday, February 24, after two consecutive days of restraint at RMB 2,362 per tonne on February 22 and 23, found the Shanghai Metals Market. SMM data shows the alumina spot price in...
China’s alumina price slips by RMB 26/t; Aluminium ingot price stands RMB 220/t higher
As updated by Shanghai Metals Market, average spot alumina price in China has decreased by RMB 26 per tonne after six days of restrained. The price now stands at RMB 2362 per tonne as of Friday, 19 February 2021. Alumina prices in Henan and Shanxi have reduced by RMB 32.5 per tonne each to stand at...
China’s average alumina spot price stands lower at RMB2388/t after a restraint last day; A00 aluminium ingot price extends decline
The average alumina spot price in China has recorded a decline of RMB 14 per tonne to stand at RMB 2,388 per tonne on Wednesday, February 3, following a restraint last day at RMB 2,402 per tonne, found Shanghai Metals Market data. In Henan and Shanxi, alumina price has plunged by RMB 17.50 per...
China’s alumina price stands at RMB 2402/t; Alumina (Imported) price declines by RMB 15/t
As updated by Shanghai Metals Market, average spot alumina price in China has decreased by RMB 1 per tonne today after two days of restrained at RMB 2403 per tonne. The price now stands at RMB 2402 per tonne as of Monday, 1 February 2021. Alumina price in Shandong has declined by RMB 20 per tonne...
World alumina output surges 5% in December; total production stands at 133.775 MT in 2020
Global alumina production stood at 11.840 million tonnes in December 2020, an increase of 5.06% from 11.270 million tonnes in December 2019, according to the latest data showed by the International Aluminium Institute (IAI) on Tuesday, 26 January 2021. On a month-on-month comparison, the output...
China’s alumina spot price settles higher for the fourth consecutive day at RMB2403/t; A00 aluminium ingot price extends downfall
Extending hike for the fourth day in a row by RMB 5 per tonne, the average alumina spot price in China is standing at RMB 2,403 per tonne on Wednesday, January 27, according to Shanghai Metals Market data. All the major Chinese markets have also witnessed the growth of RMB 5 per tonne. In Shandong,...
Alumina spot price in China expands for the third day to clock at RMB2,398/t; A00 aluminium ingot price losses RMB70/t
The average alumina spot price in China has recorded growth for the third consecutive day to stand at RMB 2,398 per tonne on Tuesday, January 26, according to Shanghai Metals Market. In Guizhou and Guangxi, alumina price is hovering around RMB 2,360 per tonne, registering a hike of RMB 10 per tonne...
Chinese alumina spot price further expands to settle at RMB 2,394/t; A00 aluminium ingot price gains RMB30/t
Average alumina spot price in China has opened the week on Monday, January 25, with a further hike of RMB 9 per tonne to stand at RMB 2,394 per tonne, according to Shanghai Metals Market data. In Shandong, Guizhou, and Guangxi, alumina spot price has increased the highest by RMB 15 per tonne, found...
China’s alumina spot price gains RMB9/t after remaining restrained for a day; A00 aluminium ingot price sheds RMB20/t
After a restraint last day at RMB 2,376 per tonne, the average alumina spot price has recorded a growth of RMB 9 per tonne to close the week on Friday, January 22, at RMB 2,385 per tonne, according to Shanghai Metals Market. However, the hike today has not touched upon all the major Chinese cities,...
China’s alumina spot price edges higher at RMB2376/t after two days of restraint; A00 aluminium ingot price declines
Average alumina spot price in China has recorded a growth of RMB 9 per tonne on Wednesday, January 20, after remaining restrained at RMB 2,367 per tonne in the past two consecutive days. The price today has clocked at RMB 2,376 per tonne, according to Shanghai Metals Market data. In Shandong and...
Weekly update: Aluminium ingot price in China trended lower this week; Alumina price remained flat
SMM aluminium ingot price trended lower, except Friday. The price declined by RMB 310 per tonne and RMB 350 per tonne to stand at RMB 15400 per tonne and RMB 15050 per tonne on Monday,11 January and Tuesday,12 January. The price further dropped to RMB 14720 per tonne on Thursday, down from RMB...
China’s alumina price rises by RMB 27/t; Alumina (Imported) price declines to RMB 2445/t
As updated by Shanghai Metals Market, average spot alumina price in China has increased by RMB 27 per tonne today after five days of restrained at RMB 2340 per tonne. The price now stands at RMB 2367 per tonne as of Friday, 15 January 2021. Alumina prices in Shandong and Henan have risen by RMB 20...
China’s A00 aluminium ingot price declines the highest this month to RMB15,050/t; Alumina price in Shandong gains RMB10/t
A00 aluminium ingot price in China has recorded the highest downfall of January 2021 and the second-highest since the fall of RMB 430 per tonne on December 21, as of Tuesday, January 12. According to Shanghai Metals Market data, the price has plunged by RMB 350 per tonne to stand at RMB 15,050 per...
