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 and prebaked anode price drop by RMB18/t and RMB25/t; A00 aluminium ingot price also declines
According to Shanghai Metals Market, the average spot price of alumina has started the month with a drop of RMB 18 per tonne to RMB 2,457 per tonne, as of August 1, 2019. With this, the price records a month-on-month decline of RMB 301 per tonne. Since the end of May, the spot alumina price is...
Alumina (Imported) price drops by RMB 200/t; A00 ingot price registers a hike after a drop yesterday
The average spot price of alumina registered a drop of RMB 30 per tonne on Tuesday, 30 July 2019, after remaining flat on Monday. Alumina price dropped from RMB 2505 per tonne to RMB 2475 per tonne. The prices of alumina fell across major China markets. Spot alumina prices in Central China and...
Vedanta Limited announces about 12% drop in net profit in Q1 FY20; alumina production cost falls by 17%
Vedanta Limited announced its unaudited consolidated results for the First quarter (Q1) ended 30 June 2019 on Friday, July 26. Revenue for Q1 FY 2020 stood at INR 21,167 crore, lower 4% y-o-y, primarily due to lower commodity prices partially offset by higher aluminium sales, volume addition from...
Alumina price in China stands at RMB2505/t; A00 ingot prices increase for second consecutive day
The average spot price of alumina registered a drop of RMB 12 per tonne to stand at RMB 2505 per tonne on Friday, 26 July 2019. The prices of alumina fell across major China markets today. Spot alumina prices in East China, Central China, and North China markets dropped by RMB 10 per tonne each....
A00 aluminium ingot price in China increases by RMB70/t on weekly decline in inventories
After three consecutive drops this week, the A00 aluminium ingot price has recorded a rise on Thursday, July 25, by RMB 70 per tonne to stand at RMB 13,860 per tonne, found Shanghai Metals Market. Week-on-week, the price is standing higher by RMB 10 per tonne. The average prices are expected to...
Alumina price in China declines by RMB10/t; A00 ingot price in Foshan up RMB10/t
The average spot price of alumina further recorded a decline of RMB 10 per tonne to stand at RMB 2517 per tonne on Wednesday, 24 July 2019. The prices of alumina fell across major China markets today. Spot alumina prices in East China, Central China, North China, and South China markets dropped by...
Alumina price in China drops by RMB20/t; A00 aluminium ingot drops across all market
Spot alumina prices in China dropped further on Monday throughout all the major markets. On July 22, the average alumina price stood at RMB 2527 per tonne, a decline of RMB 20 per tonne from RMB 2547 per tonne. Spot alumina prices in East China, Central China, North China, and South China markets...
A00 aluminium price remains strong over the week; SMM expects further drop in alumina price
A00 aluminium ingot price started its upward trend at the beginning of the week and continued rising throughout the week. On Monday, July 15, the price increased RMB 80 per tonne or 0.58 per cent to RMB13800 per tonne. Aluminium ingot price on Thursday recorded no movement from RMB 13850 per tonne....
A00 aluminium ingot price ends the week with a jump of RMB70/t; Alumina price remains unchanged
After remaining restrained on Thursday, July 18, the A00 aluminium ingot price has decided to end the week with a jump of RMB 70 per tonne to stand at RMB 13,920 per tonne, as of July 19, found Shanghai Metals Market. With this rise, the A00 aluminium ingot price is standing RMB 20 per tonne or...
Alumina price continues downward trend; A00 aluminium prices increase in major markets
As on Tuesday, 16 July 2019, the average spot alumina price stands at RMB 2547 per tonne, down by RMB 35 per tonne from its previous price of RMB 2582 per tonne on July 15. Average alumina price in East China is hovering around RMB 2650 per tonne, down RMB 30 per tonne from its previous price....
China’s daily average aluminium output hit record high in June, according to Reuters Calculations
According to Reuters’ calculations, China’s daily average aluminium output hit record levels in June and pegged at 99,000 tonnes, up from 96,000 tonnes in May and also higher than the previous record levels of around 98,400 tonnes in December 2018. But despite an increase in daily production, the...
Alumina spot price declines by RMB25/t but A00 aluminium ingot price rises by RMB80/t on improved spot transaction
The average spot price of alumina has further recorded a decline across China by RMB 25 per tonne to stand at RMB 2,582 per tonne, found Shanghai Metals Market. The domestic price since the beginning of the month has been displaying a sluggish sentiment on increasing demand for imported alumina,...
Global alumina prices drop below pre-Alunorte closure levels; oversupplied market and slow demand to keep prices low
The global alumina market is mostly driven by Australia, Brazil and China alumina market. Australia and Brazil are the two main alumina suppliers in the world after China. China drives the alumina market both as a producer as well as a consumer. Alumina prices have been on a steady downward trend...
Prebaked anode price in Southwest China drops by RMB 100/t; alumina prices decline in major markets
Prebaked anode price in Southwest market has edged lower by 2.70 per cent today. As on Friday, July 12, prebaked anode price ranged at RMB 3500-3700 per tonne; the average price stood at RMB 3600 per tonne, down by 100 RMB from its previous price of RMB 3700 per tonne on April 4. The average prices...
Alumina prices in major China markets on downward track; A00 aluminium ingot prices increase
Average alumina prices in four major China markets have registered a drop on Wednesday, 10 July 2019. The average spot alumina price stands at RMB 2631 per tonne, down RMB 36 per tonne from the previous average alumina price. Alumina price in East China is hovering around RMB 2640 per tonne, down...
China’s alumina and aluminium prices extend their decline by RMB 56/t and RMB60/t
The average spot alumina price recorded a decline of RMB 56 per tonne or 2.06 per cent on Tuesday, 09 July 2019, after remaining flat on June 8. Alumina price stood at RMB 2667 per tonne, from RMB 2723 per tonne. Alumina price in East and Central registered a drop of RMB 50 per tonne each to stand...
Alumina and aluminium prices performed mixed over the week; dropping alumina prices likely to weigh on aluminium prices
A00 aluminium ingot price started the month of July lower at RMB13760 per tonne and continued to move in a lower range till Wednesday, July 3. The price registered a hike in the last two days of the week at RMB 13760 per tonne and RMB13810 per tonne on Thursday and Friday. Aluminium price in other...
Alumina production in China records 3.4% YoY fall in June
According to Shanghai Metals Market, China’s production of metallurgical-grade alumina came in at 5.76 million tonnes in June, from revised production of 5.86 million tonnes in May. Alumina production registered a drop of 3.42 per cent year-on-year. Production of alumina stood at 34.8 million...
