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 remained on downward track over the week in absence of cost support
A00 aluminium ingot price started its downward trend on Tuesday, 28 May 2019, after two back-to-back increases on May 24 and May 27. Aluminium ingot price started the week noticeably higher at RMB14350 per tonne on Monday and ended the week lower at RMB14180 per tonne on Friday, May 31, 2019. A00...
Chalco to increase alumina import only if the prices drop though fear of alumina shortage looms large
Though there is a fear of alumina shortage in China due to environmental checks, Chalco or Aluminum Corp of China Ltd will increase its alumina import alumina only if the international prices are low enough compared to domestic alumina. A company executive from its trading unit said this on...
Alumina price drops for second consecutive day; A00 aluminium ingot price declines in major China markets
The average spot alumina price registered a drop of RMB41 per tonne or 1.31 per cent on Thursday, 30 May 2019. Alumina price declined from RMB3119 per tonne to RMB3078 per tonne today. This marks the second consecutive drop in alumina price. Alumina price in East and Central dropped RMB20 per tonne...
Alumina price records decline after more than a month to RMB3119/t; A00 aluminium ingot price extends downfall
According to Shanghai Metals Market, the average spot price of alumina has recorded a dip today, May 29, to RMB 3,119 per tonne, after being remained restraint at RMB 3,163 per tonne from May 23 to May 28. After more than a month, the average alumina spot price has registered a decline. Since April...
Bauxite price in Henan up by 6%; A00 aluminium ingot price jumps RMB120/t
The average Bauxite (6.0≤Al/Si ＜7.0) price in Henan increased from RMB 500 per tonne to RMB 530 per tonne on Monday, 27 May 2019. This records a growth of RMB 30 per tonne or 6 per cent. The average price is expected to stay within a range of RMB 510-RMB 550 per tonne. The average Bauxite...
A00 aluminium ingot price registers an increase after five days; Australian alumina FOB down USD3/t
A00 aluminium ingot price registers an increase after five days of fall. Ingot price on Friday, 24 May 2019 increased from RMB14160 per tonne to RMB14230 per tonne. This marks a growth of RMB70 per tonne or 0.49 per cent. The average price is expected to range at RMB14210-14250 per tonne today....
Alumina Limited warns shareholders of a less lucrative year ahead on lower alumina prices and growth spending
Alumina Limited warned its shareholders that the company is getting into a period of increased spending on growth which might affect shareholder returns in the coming years. The warning came after Alunorte had resumed production with the lifting of the embargo. The company management told its...
A00 aluminium ingot price extends decline to RMB14160/t; alumina spot price grows marginally
A00 aluminium ingot price has further declined today, on May 23, to stand at RMB 14,160 per tonne, found Shanghai Metals Market. The ingot price yesterday was at RMB 14,220 per tonne, which means it has dropped by RMB 60 per tonne over a day. Since April 17 the ingot price has been decline and...
Alumina price in China up by RMB40/t; A00 aluminium ingot price registers a drop
The average spot alumina price rose from RMB 3116 per tonne to RMB 3156 per tonne on Wednesday, 22 May 2019. Alumina price recorded RMB40 per tonne or 1.28 per cent growth from yesterday. The price also increased across all major markets in China. Alumina price in East and Central rose RMB 50 per...
A00 aluminium ingot price extends decline for the third day in a row; alumina price hikes across major markets
According to Shanghai Metals Market, the A00 aluminium ingot price has extended downfall today, on May 21, to RMB 14,240 per tonne. This is the third consecutive decline since May 17. The average prices are expected to range between RMB 14,220 per tonne and RMB 14,260 per tonne. In Foshan, Tianjin...
Chinalco again raises alumina floor price by RMB200/t
Aluminium Corporation of China (Chinalco) again increased the floor price of non-metallurgical alumina, as further shutdowns in Shanxi province grew market concerns about lower supplies, as updated by Shanghai Metals Market. The company raised alumina floor price for the fifth time since April....
A00 aluminium ingot price drops across major China markets; Australian alumina FOB price up by RMB18/t
A00 aluminium ingot price records two back-to-back downfalls on Monday, 20 May 2019. The ingot price stood at RMB 14280 per tonne on May 20, down RMB 60 per tonne or 0.42 per cent from RMB 14340 per tonne on May 17. The price is expected to range within RMB14260-14320 per tonne today. Foshan...
LME continues upward trend supported by higher alumina cost; SHFE follows trend
The US dollar rose to the highest since May 3, at 97.88, as better-than-expected US data boosted investors’ risk appetite, even as the US and China remained locked in a trade dispute. LME base metals advanced for the most part and aluminium gained 0.19%. SHFE aluminium ended 0.24% higher. Lower...
Spot alumina price expands further to RMB3087/t, while aluminium ingot price dwindles by RMB20/t
According to Shanghai Metals Market, the spot price of alumina has recorded a further hike today, May 17, to RMB 3087 per tonne. Yesterday, the price was at RMB 2,990 per tonne, which means the price today has increased by RMB 97 per tonne. Over the month, the alumina spot price has risen from RMB...
Alumina price in China up by 1.32%; A00 aluminium ingot price extends growth
The average spot alumina price stood at RMB2990 per tonne on Thursday, 16 May 2019, representing an increase of RMB39 per tonne or 1.32 per cent from yesterday. Alumina price also increased across major markets in China today. Alumina price in Central and North rose by RMB40 per tonne each to stand...
Alumina price in China continues to stay high; A00 aluminium ingot price edges higher
Alumina spot prices increased across China major markets on Wednesday, 15 May 2019. The average alumina spot price rose from RMB 2850 per tonne on May 14 to RMB 2951 per tonne on Wednesday, May 15. The price is expected to range within RMB 2951-2951per tonne today. As updated by Shanghai Metals...
Chinalco raises alumina floor price for the fourth time to RMB 3050/tonne
According to Shanghai Metals Market, Aluminium Corporation of China (Chinalco) further raised the floor price of non-metallurgical alumina. This is the fourth time since April that Chinalco has increased the floor price of alumina. The further rise brings the price to RMB 3,050 per tonne, which...
Alumina price in China up by RMB47/t; A00 aluminium ingot price registers a drop
Average spot alumina price continued their upward track and stood at RMB2850 per tonne on Tuesday, 14 May 2019, up RMB47 per tonne from RMB2803 per tonne on Monday, 13 May 2019. Alumina price in the East, Central and North rose RMB50 per tonne to stand at RMB2860 per tonne, RMB2850 per tonne and...
