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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Chinese alumina price expands by RMB19/t and provides further boost to A00 aluminium ingot price
According to Shanghai Metals Market, the spot price of alumina has recorded further expansion today, May 13, from RMB 2,784 per tonne to RMB 2,803 per tonne. This is the second consecutive growth in alumina spot price after remaining restrained from May 6 to May 9 at RMB 2,778 per tonne. Shanghai...
A00 aluminium ingot price up by RMB90/t; alumina price in China increases further
The prices of aluminium ingot price have extended gain today, May 10, across all major markets in China. Shanghai Metals Markets data shows that A00 aluminium ingot price has increased RMB90 per tonne to RMB14170 per tonne. The average price is expected to range between RMB14150-14190 per tonne. On...
South Africa’s alumina import to rise in 2019 after a drop last year
The aluminium industry in South Africa is one of the driving forces of the country’s economy. Along with the economic impact and contribution to the fiscus, the industry generates significant foreign exchange revenues and provides an estimated 11,600 employees in the sector with decent jobs....
Average spot alumina price in China continues upward track; A00 ingot price down by RMB100/t
Alumina spot price has recorded a rise today after the Labour Day holiday. The price increased by RMB 18 per tonne to stand at RMB 2,778 per tonne on Monday, 06 May 2019. The alumina spot price is expected to range within RMB 2,778 per tonne. In the east and central market, the alumina price has...
Century Aluminum’s Q1 2019 shipments up 4% QoQ driven by restart at Hawesville
Century Aluminum Company on Tuesday announced its first quarter 2019 results. The company reported a net loss of $34.6 million for the first quarter of 2019. The adjusted net loss stood at $66.6 million in Q1 2019 compared to an adjusted net loss of $40.7 million in Q4 2018. Shipments of primary...
Bauxite price in China records a drop today while alumina price rises
According to Shanghai Metals Market, the price of Bauxite(6.0≤Al/Si＜7.0)Shanxi has recorded a fall today, April 30, by RMB 10 per tonne to stand at RMB 540 per tonne. January 1, 2019, was the last time when Bauxite(6.0≤Al/Si＜7.0)Shanxi price had recorded a fall from RMB 570 per tonne to RMB 550 per...
Alumina price marks sixth consecutive growth today; A00 aluminium ingot price also rises on further inventory decline
According to Shanghai Metals Market, the alumina spot price has recorded further rise today, April 29, by RMB 26 per tonne to stand at RMB 2,750 per tonne. The alumina spot price started rising since April 22 and today marks the sixth consecutive growth. So, over the week, the alumina spot price...
A00 aluminium ingot price drops again in China despite alumina price rise
The A00 aluminium ingot price in China has once again dropped today, April 26, despite a rise in the alumina spot price, Shanghai Metals Market found. Followed by a rise to 6-months high, the ingot price has declined by RMB 60 per tonne to clock at RMB 14,170 per tonne, as of today. The average...
Alumina price in China moves further up on April 25; A00 aluminium ingot price records a rise after a drop yesterday
Average spot alumina price moves further up on Thursday, 25 April 2019 throughout all the major markets in China. Alumina price in China today stands at RMB2715 per tonne, up RMB10 per tonne from yesterday. The average price is expected to range within RMB2715 per tonne. Alumina price in East and...
Rise in alumina price fails to push up the A00 aluminium ingot price today; other input costs dwindle
According to Shanghai Metals Market, the average alumina spot price has recorded a growth today, April 24, by RMB 10 per tonne to come in at RMB 2,705 per tonne. In the major markets including east, central, north, and south, the alumina price has climbed by RMB 10 per tonne and hovering at RMB...
Alumina price in China up RMB20/t; A00 aluminium ingot price remains on upward trend
Average spot alumina price in China stood at RMB2695 per tonne on Tuesday, 23 April 2019, which indicates a 0.75 per cent increase compared with RMB2675 per tonne. The average price is expected to range within RMB2695 per tonne. Spot alumina price in Central China and North China increased RMB20...
Rise in alumina spot price and decline in aluminium inventories lead to a sharp growth of A00 aluminium ingot price
According to Shanghai Metals Market, the alumina spot price has recorded a rise over the weekend ended on April 22, by RMB 10 per tonne to come in at RMB 2,675 per tonne. After a continued fall since the beginning of the year, the alumina spot price first rose this year on April 18 from RMB 2,646...
Alumina price growth in China today leads to further rise in A00 aluminium ingot price
According to Shanghai Metals Market, the average alumina price has recorded a rise today, on April 18, after continually falling for over three months. From the beginning of 2019 until yesterday, the alumina price saw an incessant fall, ranging between RMB 2,934 per tonne and RMB 2,646 per tonne....
Concord Resources doubled profits in 2018 on higher alumina and aluminium prices
The metals trading startup Concord Resources reported double profits in 2018 on account of price volatility in alumina and aluminium market driven by US sanctions on Rusal. “It was a year of exceptional opportunities,” said Chief Executive Officer Mark Hansen. “The sanctions on Rusal created...
Chinese primary aluminium inventory drops 5,000/t; A00 aluminium ingot price records a rise today
Social inventories of primary aluminium across eight consumption areas in China, including SHFE warrants, decreased some 5,000 tonnes from Thursday April 4 to 1.636 million tonnes as of Thursday April 11, Shanghai Metals Market data showed. In Shanghai and Nanhai, Guangdong, inventories of primary...
A00 aluminium ingot price records a rise in all individual markets; Australian alumina FOB price down 0.25%
Shanghai Metals Market data shows that A00 aluminium ingot price had a rise on April 10 to RMB13830 per tonne. This was up RMB50 per tonne from yesterday. Spot aluminium contract is likely to be traded at discount of RMB20 per tonne to premiums of RMB20 per tonne. The average price is expected to...
Alumina prices in China remain on downward track; A00 ingot price extends rise across China
Average spot alumina price in China has seen another drop on Monday, 08 April 2019. The average price of alumina has dropped to RMB2646 per tonne, down RMB26 per tonne or 0.97 per cent from its previous price of RMB 2672 per tonne. Spot alumina price in the South China market has witnessed the...
Alumina price in China declines by RMB22/t and the ingot price by RMB180/t
According to Shanghai Metals Market, the average alumina price starts off the second quarter of the calendar year 2019 with a drop today by RMB 22 per tonne to come in at RMB 2,672 per tonne. On March 22, the average alumina price had recorded the last plunge from RMB 2,704 per tonne to RMB 2,694...
