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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A00 aluminium ingot price records a slight rise further, while input costs remain restrained
According to Shanghai Metals Market, the A00 aluminium ingot price has recorded a growth of RMB 10 per tonne to stand at RMB 14,000 per tonne. This marks the fourth consecutive rise, but the price still stands lower by RMB 30 per tonne, compared with RMB 14,030 per tonne during the same period last...
A00 aluminium ingot price in China remains restrained and so the input costs
Followed by the rise in the last two days, the A00 aluminium ingot price today, on October 25, has decided to end the week with restraint, as found by Shanghai Metals Market. The price has continued to remain at RMB 13,990 per tonne, with average expected prices to range between RMB 13,970 per...
Hydro’s Q3 underlying EBIT down by 4% on lower aluminium and alumina prices; EBIT for primary aluminium drops
Hydro reported an underlying EBIT of NOK 1,366 million in the third quarter of 2019, down from NOK 2,676 million in the third quarter of 2018. The decline was due to lower aluminium and alumina prices, partly offset by lower raw material costs and positive effects from higher production in Brazil....
LME alumina contract starts trading based on CRU's API and Fastmarkets' FOB Australia alumina index
The London Metal Exchange's alumina contract has started trading last week and multiple lots of 50 tonnes were traded on Thursday 17 October 2019 at US$284 per tonne for November 2019 and US$294 per tonne on the January 2020 contract. The contracts were settled on a basket of CRU's alumina price,...
Alumina price in China stands at RMB2623/t; A00 aluminium ingot price up by RMB10/t after two days of decline
As updated by Shanghai Metals Market, average spot alumina price in China has dropped from RMB 2624 per tonne on October 22 to RMB 2623 per tonne on October 23. The prices of alumina in East, Central, North, and South China markets remain unchanged at RMB 2650 per tonne, RMB 2640 per tonne, RMB...
Chinese alumina price declines by RMB19/t after a week-long restraint, A00 aluminium ingot price plunges too
After remaining restrained for the past one week at RMB 2,643 per tonne, the average spot price of alumina has decided to record a movement today, October 22, by falling to RMB 2,624 per tonne, meaning a decline of RMB 19 per tonne, found Shanghai Metals Market. This marks the first drop this month...
A00 aluminium ingot price performed higher over the week; alumina prices remain flat
A00 aluminium ingot price started the week with a decline of RMB 170 per tonne on Monday, October 14. The price continued lower at RMB 13800 per tonne and RMB 13770 per tonne on October 14 and October 15. But the week ended higher at RMB14000 per tonne on Friday, October 18, up RMB 40 per tonne...
Alcoa’s Q3 2019 revenue declines 5% QoQ due to lower alumina prices
Alcoa Corporation has announced its third quarter 2019 results. The company has reported a net loss of $221 million in Q3 2019 compared with a net loss of $402 million in Q2 2019. Excluding the impact of special items, third quarter 2019 adjusted net loss stands at $82 million, from adjusted net...
Alumina price in East China market up by RMB10/t; A00 aluminium ingot price registers a hike after four days
Alumina price in East China market stands at RMB 2660 per tonne on Wednesday, 16 October 2019, indicating an increase of RMB 10 per tonne. The average price is likely to move within a range of RMB 2640 per tonne and RMB 2680 per tonne. The average spot alumina price remained unchanged at RMB 2643...
Alumina price in China stands at RMB2643/t; A00 aluminium ingot price plunges by RMB170/t
The average spot alumina price increased by RMB 15 per tonne or 0.57 per cent from Friday to at RMB 2643 per tonne on Monday, 14 October 2019. This is the fifth consecutive day of increase in alumina prices. The prices of alumina rose across East, Central, North China markets today. Alumina prices...
Alumina price in China up by RMB9/t; Australian alumina FOB stands at USD280/t
The average spot alumina price in China increased from RMB 2618 per tonne on October 9 to RMB 2627 per tonne on October 10. This marks the third consecutive increase in alumina price after a long holiday. Alumina prices rose across major markets in China. Spot alumina prices in East China, Central...
Alumina price in China continues upward trend; Cryolite price down by RMB400/t
As on Wednesday, 09 October 2019, the average spot alumina price stands at RMB 2618 per tonne, an increase of RMB 5 per tonne from its previous price of RMB 2613 per tonne on October 8. The average alumina price in North China is hovering around RMB 2640 per tonne, up RMB 10 per tonne from its...
China’s alumina and aluminium prices performed higher after week-long holiday
The average spot alumina price registered an increase of RMB 9 per tonne on Tuesday, 08 October 2019, after a week-long holiday. Alumina price in China stood at RMB 2613 per tonne, from RMB 2604 per tonne. Spot alumina prices in East China, Central China, and North China markets climbed by RMB 10...
The month of September closed with a slight rise in alumina price in China; international prices remain low
According to Shanghai Metals Market, the alumina output in China stood at 5.82 million tonnes in August and is likely to be about 5.8 million tonnes in September. Shanghai Metals Market report shows, the average spot price of alumina in China has extended its rise in September, which started during...
Australia’s Department of Industry lowers price forecast for alumina and aluminium over next three years
Australia’s Department of Industry on Monday it has lowered its aluminium price forecast for 2019 by 5% from its June forecast to US$1,793/t due to the bearish market conditions driven by trade tensions between the US and China. The revised forecasts were published in its latest Resources and...
A00 aluminium price closed the week lower at RMB 14310/t; Alumina price performed flat
A00 aluminium ingot price continued higher in the beginning of the week at RMB 14310 per tonne and RMB 14320 per tonne on Monday, September 23 and Tuesday, September 24. The price witnessed a downward movement in the next three days of the week. A00 aluminium ingot price ended the week lower at RMB...
Alumina price in China stands at RMB 2604/t; A00 aluminium ingot price registers a drop after three days of rise
The average alumina prices in major China markets have witnessed growth on Wednesday, 25 September 2019. The average spot alumina price stands at RMB 2604 per tonne, up RMB 12 per tonne from the previous average alumina price of RMB 2592 per tonne. Alumina East China and Central China stand at RMB...
A00 aluminium ingot price continues to rise on low stocks; Input costs remain restrained
Back on the continued decline in social inventories of primary aluminium, the price of A00 aluminium ingot has extended its rise today, September 24, by RMB 10 per tonne to stand at RMB 14,320 per tonne, found Shanghai Metals Market. This marks the third consecutive growth in the aluminium ingot...
