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 extends growth by RMB30/t; Australian alumina FOB stands at USD293/t
A00 aluminium ingot price started the week higher at RMB 14310 per tonne on Monday, 23 September 2019. That was up by RMB 30 per tonne or 0.21 per cent from its previous price of RMB 14280 per tonne on Friday. The price is expected to move within a range of RMB 14290-14330 per tonne. Wuxi witnessed...
A00 aluminium ingot price saw mixed performance over the week; Alumina price performed higher
The price of A00 aluminium ingot in China witnessed fluctuations over the week. The week started with a decline of RMB 150 per tonne from Friday, September 12. The price continued lower at RMB 14400 per tonne and RMB 14330 per tonne on Monday, September 16 and Tuesday, September 17. But the week...
Increase in average alumina price, low inventories result in A00 aluminium ingot price rise today
According to Shanghai Metals Market, the average spot price of alumina has extended its rise today, September 20, by RMB 13 per tonne to stand at RMB 2,592 per tonne to conclude the week with another price hike. This marks the two consecutive rises in alumina spot price after two days of restraints...
Alumina price in China up by RMB10/t after staying flat for two days; Australian alumina FOB registers a hike
The average spot alumina price increased by RMB 10 per tonne or 0.39 per cent on Thursday, 19 September 2019, after remaining flat on September 17 and September 18. Alumina price in China stood at RMB 2579 per tonne, from RMB 2569 per tonne. The prices of alumina rose across East and Central China...
A00 aluminium ingot price records a slight rise today after two significant declines; Input costs remain restrained
After the two significant declines by RMB 150 per tonne and RMB 70 per tonne on September 16 and September 17, the A00 aluminium ingot price has recorded a slight rise today, on September 18, by RMB 10 per tonne to stand at RMB 14,340 per tonne, found Shanghai Metals Market. The average prices are...
Week-long alumina price restraint ends with a growth of RMB22/t; A00 aluminium ingot price declines significantly
After remaining restrained at RMB 2,547 per tonne from September 6-12, the average spot price of alumina has recorded a growth of RMB 22 per tonne today, on September 16, to stand at RMB 2,569 per tonne, found Shanghai Metals Market. Witnessing the highest rise the alumina spot price in the north...
China and world alumina market in the first two weeks of September
The month of September marks the end of third quarter of the financial year for a number of companies. The month indicates how the market and industry is going to turn out in the next quarter. Let’s browse through how the alumina industry and the market fared in the first two weeks of September....
A00 aluminium ingot prices continued higher this week; Alumina prices remain unchanged
The price of A00 aluminium ingot witnessed an upward movement, except Monday, over the week. Ingot price started the week with a decline of RMB 30 per tonne from September 6 to RMB 14390 per tonne on Monday, September 9. A00 aluminium ingot price ended RMB 80 per tonne higher at RMB 14550 per tonne...
China’s daily average alumina production in August drops by 4,000 tonnes M-o-M
Shanghai Metals Market found the alumina output in China stood at 5.82 million tonnes in August, with metallurgical-grade alumina accounting for 5.57 million tonnes. Daily average production of metallurgical-grade alumina came in at 180,000 tonnes in August, down 4,000 tonnes or 2.2 per cent...
A00 aluminium ingot price extends gain by RMB50/t; Australian alumina FOB down by USD3/t
A00 aluminium ingot price has edged higher by RMB 50 per tonne or 0.35 per cent to stand at RMB 14470 per tonne on Wednesday, 11 September 2019, from its previous price of RMB 14420 per tonne on September 10. The price is expected to range at RMB 14450-14490 per tonne. Spot aluminium price is...
Alumina Ltd CEO forecasts alumina surplus of around 0.5 mt in China in next three years
Michael Peter Ferraro, Alumina Limited - MD, CEO & Executive Director forecasts a modest surplus of alumina during the remaining months of 2019. He also forecasts on the Chinese alumina supply/demand balance over the next few years. He sees small alumina surpluses of around 0.5 million tonnes or...
A00 aluminium ingot price continued upward trend over the week; Alumina prices follow suit
A00 aluminium ingot price continued to remain on an upward trend throughout the week. The week started higher at RMB14310 per tonne on Monday, 02 September 2019, up RMB20 per tonne from August 30. The price did not show any change on Thursday but ended the week higher at RMB14420 per tonne on...
Alumina price rise and low primary aluminium inventories bolster A00 aluminium ingot price growth today
According to Shanghai Metals Market, the average spot price of alumina has extended its rise today, on September 6, by RMB 5 per tonne to stand at RMB 2,547 per tonne. In the central and south, the price has grown by RMB 10 per tonne to RMB 2,550 per tonne and RMB 2,505 per tonne, while that in the...
Alumina price in China continues to rise to reach RMB 2542/t; A00 aluminium ingot price shows no change
As on Thursday, 05 September 2019, the average spot price of alumina further recorded an increase of RMB 9 per tonne or 0.36 per cent from September 4. The price stood at RMB 2542 per tonne. The prices of alumina rose across major China markets today. The average alumina spot price in South China...
Average alumina price grows by RMB5/t and A00 aluminium ingot price by RMB10/t
After gliding down through July and remain restrained until the mid of August, the average alumina spot price started spurring significantly and reached RMB 2,533 per tonne, as of Wednesday, September 4, found Shanghai Metals Market. Month-on-month, the alumina price is standing high by RMB 91 per...
Alumina Limited reports 26% drop in H1 2019 profits on lower alumina price; interim dividend cut to half
Alumina Limited updated on the company’s Q2 and H1 financial results during Q2 2019 Earnings Conference Call on August 22. Alumina's H1 2019 profit has fallen by 26 per cent on lower alumina prices. The company has cut its interim dividend to half after the results. The company cut its interim...
A00 aluminium ingot price fluctuated over the week while alumina price performed higher
A00 aluminium ingot price in China fluctuated throughout the week. Ingot price started the week with a decline of RMB 60 per tonne to RMB 14250 per tonne on Monday.A00 aluminium ingot price continued higher in the next two days at RMB 14270 per tonne and RMB 14340 per tonne. Shanghai Metals Market...
China’s alumina and aluminium prices rise by RMB 20/t and RMB 30/t
The average alumina prices in four major markets have witnessed growth on Friday, 30 August 2019. The average spot alumina price stands at RMB 2520 per tonne, up RMB 20 per tonne from the previous average alumina price of RMB 2500 per tonne. Alumina price in East China is hovering around RMB 2530...
