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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Weekly update: Alumina prices remain flat over the week; A00 aluminium price in China performed lower
The alumina price in China continued to remain flat over the week. The average spot price started the week higher at RMB 2495 per tonne on Monday, July 13, up RMB 50 per tonne from Friday. Alumina price remained unchanged in the last four days of the week. Other raw materials like Bauxite...
Alcoa’s Q2 revenue declined 10% to $2.1 billion due to lower aluminium and alumina prices
Alcoa Corporation announced second quarter 2020. The company reported improved productivity and continued operational stability during the COVID-19 pandemic. Alcoa said all of its global operations have maintained production without interruption. Alcoa’s overall third-party aluminium shipment...
A00 aluminium ingot price declines by RMB420/t after three consecutive hikes; Australian alumina FOB price grows by US$13/t
Following the three consecutive hikes from RMB 14,320 per tonne to RMB 15,320 per tonne, the A00 aluminium ingot price has recorded a sharp decline today, July 14, of RMB 420 per tonne to stand at RMB 14,900 per tonne, found Shanghai Metals Market. The average prices are expected to range between...
Alumina (Imported) price rose to RMB 2450 per tonne; A00 aluminium ingot price registered a big jump
The average spot alumina price has continued their upward track and stood at RMB 2495 per tonne on Monday, 13 July 2020, registering an increase of RMB50 per tonne from RMB 2445 per tonne. The alumina prices increased across all major markets in China, except south. The average prices of...
China’s June alumina production grows by nearly 2% from a month ago to 5.71 million tonnes
According to Shanghai Metals Market data, China’s alumina production stood at 5.71 million tonnes in June, including 5.5 million tonnes of metallurgical-grade alumina. The daily output came in at 183,000 tonnes, 1.82 per cent higher from a month ago but down by 4.57 per cent on the year....
Alcoa releases preliminary Q2 results, indicate growth in production and cash balance amid COVID-19 crisis
Alcoa Corporation, on Wednesday, July 8, released preliminary second-quarter results of 2020, which indicated that even amidst the COVID-19 pandemic, the company’s cash balance showed positive sentiment along with increased productivity and steadily growing operations. The cash balance is estimated...
Chinese alumina price growth slows down to RMB11/t, A00 aluminium ingot price jumps by RMB150/t
The average alumina spot price in China has continued to grow for the sixth straight day, albeit slower, by RMB 11 per tonne to come in at RMB 2,419 per tonne on July 9, found Shanghai Metals Market. In the central and north, the price has grown by RMB 10 per tonne to RMB 2,425 per tonne, while...
Average alumina spot price in China expands growth to stand at RMB2408/t, A00 aluminium ingot price declines higher
According to Shanghai Metals Market, the average alumina spot price in China has recorded a higher hike today, on July 8, by RMB 38 per tonne to stand at RMB 2,408 per tonne. In the east, the alumina price has grown by RMB 50 per tonne to RMB 2,400 per tonne, while that in the central and north has...
Chinese alumina spot price expands by RMB35/t on market sentiment boost, A00 aluminium ingot price down by RMB20/t
The average alumina spot prices in China have continued to rally upon the market boost on Chalco’s announcement of alumina production cut, found Shanghai Metals Market. On Tuesday, July 7, the average alumina spot price has expanded by RMB 35 per tonne to stand at RMB 2,370 per tonne. In the...
Australian alumina FOB price up USD 2/t; A00 aluminium ingot price stands at RMB 14440/t
The average spot alumina price in China is up by RMB 2 per tonne on Monday, 06 July 2020 to stand at RMB 2335 per tonne. Alumina prices remain unchanged across all major markets in China, except East. The average spot alumina price in East China is up by RMB 10 per tonne. Alumina price stands at...
Alumina price increased on news of Chalco alumina production cuts
The alumina prices in China increased last week after Chalco announced it would cut alumina production. Alumina prices rose RMB 46 per tonne from thursday to RMB2,333 per tonne in the week ended July 3, according to SMM assessments. Alumina price trended higher over the week. Profit recovery at...
Weekly update: Alumina price and A00 aluminium price in China performed higher over the week
The alumina price in China performed higher over the week, except Monday. The price on Tuesday increased by RMB 15 per tonne to stand at RMB 2276 per tonne, after remaining flat on Monday. The price stood at RMB 2333 per tonne on Friday July 3, up RMB 46 per tonne from RMB 2287 per tonne on...
Chinese alumina spot price marks second-highest growth this year climbing RMB46/t, A00 aluminium ingot price shows restraint
The average alumina spot price in China has recorded a significant hike for the fourth day in a row, higher from the earlier three days, found Shanghai Metals Market. SMM data shows the price has climbed by RMB 46 per tonne or 2.01 per cent to stand at RMB 2,333 per tonne, as of Friday, July 3,...
Bauxite price in Shanxi stands at RMB 380/t; A00 aluminium ingot price extends growth
The average Bauxite (4.5≤Al/Si＜5.5) price in Shanxi stands at RMB 380 per tonne on Thursday, 02 July 2020, an increase of RMB 10 per tonne, after remaining flat at RMB 370 per tonne since June 24. The average price is expected to move within a range of RMB 360-RMB 400 per tonne. The average spot...
Australian alumina FOB price climbs to stand at USD 262/t; A00 aluminium ingot price up by RMB 190/t
The average spot alumina price in China is up by RMB 5 per tonne on Wednesday, 01 July 2020. Alumina price stands at RMB 2281 per tonne, after rising by RMB 15 per tonne on June 30. Alumina prices have increased across all major markets in China, except South. The prices of alumina in East,...
Alumina price in China edges higher by RMB15/t; A00 aluminium price stands at RMB14170/t
As updated by Shanghai Metals Market, average spot alumina price in China has increased to RMB 2276 per tonne on June 30, after remaining flat at RMB 2261 since June 18. This marks an increase of RMB 15 per tonne. The prices of alumina in East, Central, and North China markets have risen by RMB 25...
Weekly update: Alumina price in China ended the week flat; A00 aluminium price saw mixed performance
The alumina price in China continued to remain flat over the week. The price on Tuesday increased by RMB 12 per tonne to stand at RMB 2259 per tonne, after remaining flat on Monday. The price stood at RMB 2261 per tonne on June 18, up RMB 2 per tonne. The price did not show any movement on Friday....
Alumina price in China stands marginally higher; Australian alumina FOB price up USD2/t
The average spot alumina price in China has risen by RMB 2 per tonne or 0.09 per cent on Thursday, after remaining flat on Wednesday. Alumina price stands at RMB 2261 per tonne. Alumina prices have remained unchanged across all major markets, except North China market. The price of alumina in North...
