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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Alumina price in China continues to increase to RMB 2347/t; Aluminium Alloy (A356) price drops by RMB150/t
As updated by Shanghai Metals Market, average spot alumina price in China has risen by RMB 17 per tonne on Monday, August 24 2020, to stand at RMB 2347 per tonne. This marks the third consecutive hike in alumina price. The prices in all other major markets have also increased today, except South....
Average alumina spot price grows for the second day in a row to RMB2330/t; A00 aluminium ingot price expands by RMB50/t
After remaining restrained at RMB 2,302 per tonne during August 19-20, the average alumina spot price has recorded an increase of RMB 16 per tonne today, on August 21, for the second consecutive day, to stand at RMB 2,330 per tonne according to the Shanghai Metals Market. In the central and north,...
Alumina price in China rises by RMB 12/t after staying flat for three days; Australian alumina FOB price stands USD 271/t
As updated by Shanghai Metals Market, average spot alumina price in China has risen by RMB 12 per tonne on Thursday, 20 August 2020.The price now stands at RMB 2314 per tonne after remaining flat at RMB 2302 per tonne for the three days in a row. The prices in all other major markets have also...
A00 aluminium ingot price climbs by RMB 120/t; Aluminium alloy (A356) price stands at RMB15150/t
The A00 aluminium ingot price has increased by RMB 120 per tonne on Tuesday, 18 August 2020 after two consecutive drops. The price now stands at RMB 14540 per tonne today and is expected to move within a range of RMB 14520-14560 per tonne. In Foshan and Wuxi, the price has inched up by RMB 120 per...
Alumina (Imported) price fell to RMB 2320/t; A00 aluminium ingot inches down by RMB 60/t
As updated by Shanghai Metals Market, average spot alumina price in China has extended its decline by RMB 12 per tonne on Friday, 14 August 2020. The price now stands at RMB 2302 per tonne today. The prices in all other major markets have also declined today, except South. The prices of alumina in...
Alumina spot price in China declines by RMB25/t after a week-long restraint, A00 aluminium ingot price surges by RMB170/t
The average alumina spot price in China has recorded a decline of RMB 25 per tonne to stand at RMB 2,314 per tonne, following restraints at RMB 2,339 per tonne during August 6-12, found Shanghai Metals Market on August 13. In the north, the price has decreased by RMB 30 per tonne to RMB 2,300 per...
Press Metal Aluminium Holdings in Malaysia projects stronger earnings in coming years
“Press Metal Aluminium Holdings Bhd is expected to post stronger earnings in the next two years as aluminium prices are likely to strengthen on better demand,” according to UOB Kay Hian Research. The research firm has increased its earnings forecasts for Press Metal for the financial years ending...
China’s alumina production rose 3.5% M-o-M to 5.91 million tonnes in July 2020
Shanghai Metals Market found China’s alumina production stood at 5.91 million tonnes in July 2020, including 5.7 million tonnes of metallurgical-grade alumina. The output increased by 3.50 per cent from 5.71 million tonnes in June 2020. China’s total alumina output in the first seven months of the...
A00 aluminium ingot price in China falls sharply by RMB270/t; Alumina spot price dwindles to RMB2339/t
The A00 aluminium ingot price has recorded a steep fall of RMB 270 per tonne today, August 6, to RMB 14,650 per tonne, found the Shanghai Metals Market data. The average prices are expected to range between RMB 14,630 per tonne and RMB 14,670 per tonne, with spot contract to be traded at a premium...
Alumina spot price in China extends decline by RMB8/t pulling down the price of A00 aluminium ingot to RMB14920/t
The average alumina spot price in China has extended its decline on Wednesday, August 5, however, slower than the previous day. Today, the price has decreased by RMB 8 per tonne to stand at RMB 2,347 per tonne versus the fall of RMB 32 per tonne last day, according to the Shanghai Metals Market. In...
Average alumina spot price in China declines to RMB2355/t, while A00 aluminium ingot price touches RMB15000/t level
Following restraints in the past two days at RMB 2,387 per tonne, the average alumina spot price has declined today, on August 4, by RMB 32 per tonne to RMB 2,355 per tonne, found the Shanghai Metals Market. In the central, the alumina price has decreased by RMB 35 per tonne to RMB 2,355 per tonne...
Alumina price in China slips by RMB27/t; A00 aluminium ingot extends rise to RMB 14780/t
The average spot alumina price in China has dropped by RMB 27 per tonne on Wednesday, 29 July 2020 to stand at RMB 2416 per tonne. Alumina prices declined across all major markets in China, except South. The prices of alumina in East, Central, and North China markets have declined by RMB 25 per...
Alumina spot price in China records second consecutive drop of RMB24/t, while A00 aluminium ingot price grows to RMB14670/t
According to the Shanghai Metals Market, the average alumina spot price has declined for the second consecutive day by RMB 24 per tonne to stand at RMB 2,443 per tonne, as of Tuesday, July 28. The price in the east China market has dropped the highest by RMB 40 per tonne to RMB 2,425 per tonne,...
Alumina price in China stands at RMB2467/t; A00 aluminium ingot price edges higher by RMB40/t
The average spot alumina price in China is down by RMB 24 per tonne on Monday, 27 July 2020. Alumina price stands at RMB 2467 per tonne, after declining by RMB 4 per tonne on Friday. Alumina prices have decreased in Central and North markets in China. The prices of alumina in Central, and North...
China’s average alumina spot price drops by RMB4/t following back-to-back restraints; A00 aluminium ingot price down by RMB10/t
The Shanghai Metals Market data shows that the average spot price of alumina has dropped by RMB 4 per tonne after remaining restrained for the last ten days. On Friday, July 24, the alumina price has come in at RMB 2,491 per tonne compared to RMB 2,495 per tonne during July 13-23, found SMM. In the...
Norsk Hydro: Higher production costs of alumina may affect company’s profit in Q3 2020
Despite the robust second-quarter earnings, Norsk Hydro analysed that it might face higher production costs going ahead in the third quarter of 2020. The overall production costs of alumina fell to a four-year low of $192 per tonne in Q2 2020, but in the third quarter, rising costs would likely add...
Amid COVID-19: Hydro’s primary aluminium production grows 5% YoY in Q2'20, underlying EBIT grows attributing to Alunorte production hike
Hydro has released its second-quarter results of 2020, wherein it has reported a year-on-year increase of 5 per cent in primary aluminium production. From 486,000 tonnes in Q2 2019, Hydro’s primary aluminium output in Q2 2020 surged to 509,000 tonnes. However, on a quarter-on-quarter comparison,...
A00 aluminium ingot price grows by RMB110/t with premium spot price lowered at RMB130-170/t, Australian alumina FOB price down to $281/t
According to the Shanghai Metals Market, the A00 aluminium ingot price has increased by RMB 110 per tonne to RMB 14,520 per tonne on Wednesday, July 22, following a decline from RMB 14,480 per tonne to RMB 14,410 per tonne on the previous day. Today, the average prices are expected to range between...
