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: A00 aluminium ingot price ended the week higher; alumina price remained flat
A00 aluminium ingot price started the week with a decline of RMB 130 per tonne on Monday, January 13. The price continued to perform lower at RMB 14300 per tonne and RMB 14200 per tonne on January 14 and January 15. But the week ended higher at RMB14550 per tonne on Friday, January 17, up RMB 240...
Alcoa’s Q4 revenue drops 5% QoQ on lower alumina and aluminium prices
Alcoa Corporation announced fourth quarter and full-year 2019 results. The company reported a net loss of $303 million in Q4 2019 compared with a net loss of $221 million in Q3 2019. Excluding the impact of special items, adjusted net loss stood at $57 million, from adjusted net loss of $82...
Alumina price stands higher at RMB 2454/t; A00 aluminium price drops after three days of rise
The average spot alumina price stands at RMB 2454 per tonne on Monday, 13 January 2020, an increase of RMB 8 per tonne or 0.33 per cent from RMB 2446 per tonne on January 10. The alumina prices in China have increased in all major markets, except South. The average prices of Alumina-East and...
Alumina price in China grows by RMB9/t after week-long restraint; A00 aluminium price marks third rise in a row
After remaining restrained for a week at RMB 2,437 per tonne, the average alumina spot price has recorded an increase today, on January 10, of RMB 9 per tonne to RMB 2,446 per tonne, found Shanghai Metals Market. The alumina price in the east, central, and north has climbed up by RMB 10 per tonne...
Alumina price in China stands at RMB2437/t; Bauxite price in Henan slips by 2.44%
The average spot alumina price stands at RMB 2437 per tonne on Tuesday, 31 December 2019, up RMB 6 per tonne or 0.25 per cent from RMB 2431 per tonne on December 30. The average price of Alumina-North has increased by RMB 15 per tonne to stand at RMB 2450 per tonne. Source: Shanghai Metals Market...
Alumina price in China stands higher at RMB 2431/t; A00 aluminium price down by RMB80/t
The spot alumina prices in China have increased in East and North markets. The average spot alumina price stands at RMB 2431 per tonne on Friday, 27 December 2019, after remaining flat at RMB 2427 per tonne on December 25 and December 26. This records a drop of RMB 4 per tonne or 0.16 per cent....
Recap 2019: A surplus market for alumina at sight; benchmark prices drop about 33% over the year
Alumina market recovered from the price volatility of last year, which was driven by 50% capacity cuts in Alunorte alumina refinery, workers strikes in Alcoa refineries and sanctions against Rusal. Australian alumina FOB price, which shot up to US$ 710 per tonne in April 2018, plunged to the lowest...
Alumina spot price records a marginal rise of RMB2/t and A00 aluminium ingot price grows by RMB40/t
After lowering for over two months ranging between RMB 2,624 per tonne and RMB 2,425 per tonne, the average spot price of alumina has recorded a slight rise of RMB 2 per tonne to come in at RMB 2,427 per tonne on December 24, according to Shanghai Metals Market. In the north China, the price has...
Temporary capacity cut at Hydro's Alunorte refinery not likely to drive alumina prices higher
The benchmark alumina price according to Fastmarkets MB alumina index fob Australia will remain steady around US$280 per tonne at the end of the week despite Hydro’s announcement on Thursday December 19 about 50-70% production cut at its Alunorte alumina refinery for a temporary period. Australian...
A00 aluminium ingot price records the second-highest growth this year of RMB240/t; Alumina price down by RMB4/t
The A00 aluminium ingot price in China has recorded a sweeping growth today, on December 18, of RMB 240 per tonne to stand at RMB 14,360 per tonne, found Shanghai Metals Market. This is the second highest growth this year after the increase of RMB 300 per tonne on August 12, from RMB 13,950 per...
Chinese alumina price extends decline by RMB10/t; A00 aluminium ingot price also falls despite further dip in inventories
The average spot price of alumina in China continues to plunge for the fifth day in a row on December 12 by RMB 10 per tonne to RMB 2,429 per tonne, found Shanghai Metals Market. In all the major markets in the east, north, and central as well, the price has declined by RMB 10 per tonne to RMB...
Alumina price in China continues to fall; Al Fluoride price slumps by RMB 200/t
The average spot alumina price in China has dropped by RMB 19 per tonne or 0.77 per cent to stand at RMB 2439 per tonne on Wednesday, 11 December 2019. Alumina price fell by RMB 9 per tonne yesterday. The drop in alumina prices has continued in all other major markets in China. Source: Shanghai...
Nalco mulls reviving long term alumina contracts with its buyers after the drop in alumina prices
National Aluminium Company Ltd (Nalco) plans to restructure its alumina sales strategy in international markets. The alumina producer, which has been selling its surplus alumina in spot markets instead of its earlier strategy of long term contracts, is planning to switch over to long terms...
Alumina spot price declines by RMB9/t, but A00 aluminium ingot price grows by RMB50/t
After starting the week with restraint at RMB 2,467 per tonne, the average alumina spot price today, on December 10, has recorded a plunge of RMB 9 per tonne to RMB 2,458 per tonne, found Shanghai Metals Market. So far this month, the average alumina spot price has shown a bearish trend like the...
Weekly update: A00 aluminium ingot price resumes their upward movement this week; alumina ends the week lower
The price of A00 aluminium ingot witnessed an upward movement, except Friday, over the week. Ingot price started the week with an increase of RMB 60 per tonne from November 29 to RMB 14050 per tonne on Monday, December 2. The aluminium price ended lower at RMB 14070 per tonne after Friday’s...
Alumina price in China falls further to RMB 2467/t; A00 aluminium price drops after rising for six days
The spot alumina prices in China have dropped across all major markets. The average spot alumina price stands at RMB 2467 per tonne on Friday, 06 December 2019, after remaining flat at RMB 2478 per tonne on December 5. This records a drop of RMB 11 per tonne or 0.44 per cent. Source: Shanghai...
A00 aluminium price edges higher by RMB10/t; expected to range at RMB14110-14150/t
A00 aluminium ingot price continued to edge higher by RMB 10 per tonne or 0.07 per cent to stand at RMB 14130 per tonne on Thursday, 05 December 2019, from its previous price of RMB 14120 per tonne on December 4. This marked the sixth consecutive hike in aluminium price. The price is expected to...
Chinese alumina spot price extends its marginal decline by RMB2/t; A00 aluminium ingot price continues to grow
According to Shanghai Metals Market, the average spot price of alumina continues to decline marginally by RMB 2 per tonne to RMB 2,478 per tonne, as of December 4. In the north of China, the price has dropped too by RMB 5 per tonne to RMB 2,480 per tonne for a week at RMB 2,485 per tonne since...
