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 alumina price hikes by RMB 4/t; Aluminium ingot price edges higher to RMB 17080/t
As updated by Shanghai Metals Market, average spot alumina price in China has hiked for the second time in a row. The price registered an increase of RMB 4 per tonne to stand at RMB 2292 per tonne on Wednesday, 02 December 2020. The prices of alumina in Shandong, Henan and Shanxi China markets have...
Press Metal Aluminium’s Q3 revenue down by 12.2% due to Covid-19 pandemic
Press Metal Aluminium reported results for the third quarter of 2020. The Group’s revenue stood at RM1.86 billion in Q3 2020, a decrease of RM0.26 billion or 12.2% from RM2.12 billion in Q3 2019 due to the impact of Covid-19 pandemic. The Group reported a profit before tax of RM172.92 million in Q3...
China’s alumina spot price dips by RMB2/t to RMB2281/t; Aluminium alloys (ADC12) price jumps above RMB17000/t
China’s average alumina spot price has recorded a dip of RMB 2 per tonne to close the week on Friday, November 27, at RMB 2,281 per tonne, according to the Shanghai Metals Market. The price has recorded a change today after remaining restrained for the last two consecutive days on November 25 & 26....
Alumina price in China rises by RMB 4/t; Australian alumina FOB price stands at USD 283/t
As updated by Shanghai Metals Market, average spot alumina price in China has increased by RMB 4 per tonne on Tuesday, 24 November 2020 to stand at RMB 2283 per tonne, after a decline of RMB1 per tonne since yesterday. Alumina price in Shanxi has risen by RMB 10 per tonne to stand at RMB 2280 per...
China’s A00 aluminium ingot price grows closer to RMB16000/t; Alumina price declines to RMB2279/t
A00 aluminium ingot price has grown by RMB 50 per tonne to stand closer to RMB 16,000 per tonne, as of Monday, November 23. Shanghai Metals Market data shows the primary aluminium ingot price today is hovering at RMB 15,980 per tonne, with average prices expected to range between RMB 15,960 per...
Weekly update: Aluminium ingot price in China performed higher this week; Alumina prices remained flat
SMM aluminium ingot price performed higher over the week, except Tuesday. The price on Monday, 16 November stood at RMB 15670 per tonne, up RMB 40 per tonne from Friday. The price dropped by RMB 80 per tonne to RMB 15590 per tonne on Tuesday. Aluminium ingot price ended the week higher at RMB 15930...
China’s alumina production exceeds 6 MT in October 2020 surging by 4.23% M-o-M: SMM
According to the Shanghai Metals Market, China’s alumina production in October 2020 came in at 6.16 million tonnes, including 5.95 million tonnes of metallurgical-grade alumina. This marked an increase of 4.23 per cent from 5.91 million tonnes of output in September 2020. The average daily output...
Weekly update: Aluminium ingot price in China saw mixed performance this week; Alumina prices remained unchanged
SMM aluminium ingot price witnessed fluctuations over the week. The price on Monday and Tuesday stood higher at RMB 15050 per tonne and RMB 15150 per tonne. The price dropped by RMB 10 per tonne to RMB 15080 per tonne on Thursday, after declining by RMB 60 per tonne on Wednesday. Aluminium ingot...
A00 aluminium price rises by RMB10/t; expected to range at RMB15070-15110 /t
SMM aluminium ingot price has risen by RMB 10 per tonne from its earlier price to RMB15090 per tonne on Friday, 06 November 2020. The price has registered a hike after two days of decline. It expected to move within a range of RMB 15070-15110 per tonne. In Foshan and Wuxi, the price has increased...
A00 aluminium ingot price drops for the second day in a row to RMB15,080/t; Australian alumina FOB price dips by $2/t
According to the Shanghai Metals Market, A00 aluminium ingot price in China has extended its downfall on November 5, albeit lower than the previous day, to stand at RMB 15,080 per tonne. The price today has fallen by RMB 10 per tonne compared with the decline of RMB 60 per tonne on November 4. The...
Weekly update: Aluminium ingot price in China performed lower this week; Alumina prices remained flat
SMM aluminium ingot price continued to trend lower this week. The price on Tuesday, 27 October, declined by RMB 10 per tonne to stand at RMB 14880 per tonne, after remaining flat on Monday. The price dropped by RMB 140 per tonne and RMB 30 per tonne on Wednesday and Thursday, ending the price at...
Alumina price in China stands at RMB 2280/t; Aluminium price climbs by RMB 120/t
As updated by Shanghai Metals Market, average spot alumina price in China has decreased by RMB 10 per tonne on Friday, 30 October 2020 to stand at RMB 2280 per tonne, after remaining flat at 2290 per tonne since October 29. Alumina price in Shandong has declined by RMB 10 per tonne to stand at RMB...
Chinese alumina spot price sheds RMB4/t to settle at RMB2290/t; A00 aluminium ingot price falls sharply by RMB140/t
The average alumina spot price in China has recorded a dip of RMB 4 per tonne to stand at RMB 2,290 per tonne on Wednesday, October 28, according to the Shanghai Metals Market data. In Henan, alumina price is standing at RMB 2,290 per tonne as well but by declining RMB 10 per tonne from the...
Alumina price in China slips by RMB 7/t; Alumina (Imported) price stands at RMB 2310/t
As updated by Shanghai Metals Market, average spot alumina price in China has decreased by RMB 7 per tonne to stand at RMB 2294 per tonne on Friday, 23 October 2020, after declining by RMB 5 per tonne on October 22. The prices of alumina in Shanxi, Guizhou, and Guangxi China markets have dropped by...
China’s alumina spot price dips by RMB5/t to RMB2301/t after a restraint last day; A00 aluminium ingot price rises
The average alumina spot price in China has recorded a drop of RMB 5 per tonne to stand at RMB 2,301 per tonne on Thursday, October 22, after remaining restrained last day, found the Shanghai Metals Market,. In Shanxi, the price has declined by RMB 10 per tonne to come in at RMB 2,290 per tonne,...
Decline in alumina spot price by RMB14/t in China after five days of restraint leads to A00 aluminium ingot downfall
The average alumina spot price in China has declined by RMB 14 per tonne to stand at RMB 2,306 per tonne on Tuesday, October 20, following a restraint at RMB 2,320 per tonne from October 14 to 19, according to the Shanghai Metals Market. In Shandong, the price has decreased by RMB 35 per tonne to...
Weekly update: Aluminium ingot price in China ended lower; Alumina prices remained flat over the week
SMM aluminium ingot price started the week with an increase of RMB 90 per tonne and RMB 30 per tonne on Monday and Tuesday, ending the price at RMB 14940 per tonne and RMB 14970 per tonne on October 12 and October 13. The price registered a drop on Thursday and Friday. Aluminium ingot price ended...
Alcoa Corporation’s revenue increases by 10% QoQ in Q3; Aluminium shipment declines by 3%
Alcoa Corporation reported results for the third quarter 2020 results. The company sets new production records for Alcoa-operated bauxite mines and the Alumina segment. In Alumina, Alcoa’s third-party shipments rose approximately 6 percent sequentially, primarily due to the timing of shipments and...
