LME aluminium price chart rises further to $3,325/t; stocks remain stable
The London Metal Exchange (LME) aluminium price chart continues to record an upward trend across the pricing and contract segments on the September 8 trading session, reporting gains over the September 7 close . Opening stocks remained stable, not reporting any further decline. The LME aluminium...
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...
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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...
China’s alumina price stands marginally higher; Alumina (Imported) price stands at RMB 2460/t
As updated by Shanghai Metals Market, average spot alumina price in China has increased by RMB 2 per tonne on Thursday, 07 January 2021 to come in at RMB 2340 per tonne, after remaining flat at 2338 per tonne since December 29. Alumina price in Shanxi has risen by RMB 5 per tonne to stand at RMB...
A00 aluminium ingot price remains muted at RMB15690/t; Australian alumina FOB price climbs by US$2/t
According to the Shanghai Metals Market, A00 aluminium ingot price has remained restrained at RMB 15,690 per tonne, with average prices expected to range between RMB 15,670 per tonne and RMB 15,710 per tonne, as of Wednesday, January 6. Spot contract is expected to trade at a premium price of RMB...
Weekly update: Aluminium ingot price in China performed lower this week; Aluminium inventories closed the year 2020 at 613,000 tonnes
SMM aluminium ingot price trended lower this week. The price on Monday, 28 December declined by RMB 120 per tonne to stand at RMB 16190 per tonne. The price further dropped on Tuesday and Wednesday, ending the price at RMB 15870 per tonne and RMB 15770 per tonne. Aluminium ingot price ended lower...
AlCircle launches new report - Aluminium Industry Recap 2020
As the year 2020 comes to an end, AlCircle recapitulates the year in its new report Aluminium Industry Recap 2020 . The report compiles the new major innovations, investments, expansions, and policy changes that either shaped or disrupted the global aluminium industry value chain in 2020. The...
World alumina production up by 5.67% Y-o-Y to 11.385MT in Nov’20; Total production during Jan-Nov edged higher by 1%
World alumina production in November 2020 stood at 11.385 million tonnes, representing a month-on-month downfall of 1.10 per cent, according to the data revealed by the International Aluminium Institute (IAI). In October, world alumina output was 11.511 million tonnes, up by 6.04 per cent from...
A00 aluminium ingot price extends decline for the third consecutive day to RMB15770/t; Imported alumina price grows by RMB25/t
A00 aluminium ingot price in China has extended downfall by RMB 100 per tonne to stand at RMB 15,770 per tonne on Wednesday, December 30, marking the third consecutive day of decline, according to the Shanghai Metals Market. The average prices are expected to range between RMB 15,750 per tonne and...
China’s alumina price rises to stand at RMB 2338/t; Alumina (Imported) price climbs by RMB 40/t
The average spot alumina price in China has registered a hike for the second day in a row, as updated by Shanghai Metals Market. The price has marked an increase of RMB 9 per tonne to stand at RMB 2338 per tonne on Tuesday, 29 December 2020. The prices of alumina in Shandong, Henan, Shanxi and...
A00 aluminium ingot price jumps by RMB210/t after three days of decline in a row; Alumina spot price settles at RMB9/t higher
A00 aluminium ingot price in China has registered a hike on Wednesday, December 24, after three consecutive days of decline during December 21-23 from RMB 16,960 per tonne to RMB 16,060 per tonne. The price today is standing at RMB 16,270 per tonne after growing by RMB 210 per tonne, found the...
Recap 2020: Production & consumption balance in alumina market buoys steady price trend amid the COVID-19 pandemic
Alumina market witnessed a controlled price trend in 2020 as there had been a fair balance between production and consumption of the ore, even amid the unprecedented COVID-19 pandemic. In the first few months of the year, the prices trended down significantly due to lower buying interests among...
A00 aluminium ingot price soars by RMB230/t to close the week at RMB16960/t; Alumina spot price grows marginally
A00 aluminium ingot price has soared by RMB 230 per tonne to stand at RMB 16,960 per tonne on Friday, December 18, according to the Shanghai Metals Market. The continuous rise in domestic primary aluminium demand amid limited stocks at warehouses has contributed to the third consecutive day of A00...
Alumina spot price in China expands further to RMB2318/t and so the price of primary aluminium ingot to RMB16720/t
The average alumina spot price in China has continued to grow by RMB 4 per tonne to stand at RMB 2,318 per tonne as of December 11, marking the fourth consecutive increase, according to the Shanghai Metals Market data. In Henan and Shanxi, the alumina price has come in at RMB 2,330 per tonne...
Alumina spot price in China grows for the third day in a row to RMB2314/t; A00 aluminium ingot price surges by RMB200/t
The average alumina spot price in China has extended growth for the third consecutive day by RMB 4 per tonne to RMB 2,314 per tonne, as of Thursday, December 10, according to the Shanghai Metals Market. In Henan and Shanxi, the alumina price has come in at RMB 2,325 per tonne growing by RMB 5 per...
Alumina spot price in China settles higher at RMB2310/t, while A00 aluminium ingot price decreases to RMB16410/t
China’s average alumina spot price has recorded a hike of RMB 7 per tonne on Wednesday, December 9, to come in at RMB 2,310, found the Shanghai Metals Market. In Henan and Shanxi, the price has grown by RMB 10 per tonne to stand at RMB 2,320 per tonne. In Guizhou and Guangxi, alumina price has...
Alumina price in China rises by RMB 11/t; Aluminium ingot price in Foshan stands at RMB 16500/t
As updated by Shanghai Metals Market, average spot alumina price in China has registered a hike after three days of restraint. The price has marked an increase of RMB 11 per tonne to stand at RMB 2303 per tonne on Tuesday, 08 December 2020. The prices of alumina in Shandong, Henan and Shanxi China...
Weekly update: Aluminium ingot price in China saw mixed performance this week; Alumina prices edged higher
SMM aluminium ingot price started the week higher. The price on Monday, 30 November stood at RMB 16770 per tonne, up RMB 440 per tonne from Friday. The price continued to perform higher till Wednesday. Aluminium ingot price ended the week lower at RMB 16610 per tonne on Friday, 4 December 20202020,...
China’s alumina refineries may face losses in Q4 2020 due to higher production costs and lower selling prices: anticipates Joyce Li
At the 2020 Nonferrous Metals Industry Chain Annual Conference in Suzhou, Joyce Li, senior analyst at SMM, noted that China’s alumina market would likely see a supply deficit of 361,000 tonnes in 2020, with annual average operating rate at refineries at 78.03 per cent. “Operating rates at Chinese...
NALCO expands its aluminium ingot and aluminium product prices by over INR5000/t with effect from December 1
National Aluminium Company Limited (NALCO) has expanded the prices of its aluminium ingot and aluminium products with effect from Tuesday, December 1, following a cut last week on November 26. Since the latest hike on December 1, NALCO’s aluminium ingot price has come in at INR 173,850-177,350 per...
