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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Chalco’s 2018 net profit slumps 38% despite growth in production
Aluminium Corporation of China Limited (Chalco), the listed arm of China’s biggest state-run aluminium firm Chinalco, reported that it recorded a net loss of RMB 626.1 million ($92.92 million) in the fourth quarter of 2018. According to Refinitiv Eikon data, the company faced the first quarterly...
A00 aluminium ingot price extends decline; Alloy (A356) price drops by RMB50/t
A00 aluminium ingot price further extends its decline to RMB13900 per tonne on Wednesday, 27 March 2019. This records a decline of RMB50 per tonne or 0.36 per cent from yesterday. The price is expected to range between RMB13880-13920 per tonne, with spot premium to settle at 270-310 per tonne....
A00 aluminium ingot price records further decline by RMB20/t; Input costs remain same
According to Shanghai Metals Market, the A00 aluminium ingot price has recorded a further decline today, on March 26, to RMB 13,950 per tonne. Yesterday the price was at RMB 13,970 per tonne, which represents that today the price has dropped by RMB 20 per tonne. The average prices are expected to...
China’s alumina exports record significant M-o-M decline in February
According to the latest data from China Customs, China’s alumina exports in February came in at 3,443 tonnes, after declining 139,000 tonnes from January. This data represents that China’s alumina exports in January 2019 had pegged at 142,443 tonnes. {newsStudioGallery} China Customs data found...
Bauxite prices in Henan drop by RMB20/t; Australian alumina FOB price up by USD8/t
The average Bauxite (6.0≤Al/Si＜7.0) price in Henan dropped RMB20 per tonne to stand at RMB530 per tonne on Monday, 25 March 2019. The average price is expected to range between RMB510-550 per tonne, as updated by Shanghai Metals Market. The average Bauxite (4.5≤Al/Si＜5.5) price stood at RMB440 per...
Alumina prices in China extend drops; A00 ingot price up by RMB10/t
Alumina spot prices declined across China major markets on Friday, 22 March 2019.The average alumina spot price dropped from RMB 2704 per tonne on March 20 to RMB 2694 per tonne on March 22. Average price of Alumina-East has fallen by RMB 20 per tonne to stand at RMB 2690 per tonne; Alumina-Central...
Alumina price continues downward trend; A00 ingot price up RMB70/t
Average spot alumina price stood at RMB2704 per tonne as of Wednesday, 20 March 2019. This records a drop of RMB9 per tonne or 0.33 per cent. The average price is expected to range within RMB2704 per tonne. The downward trend in alumina prices can be seen in the following graph. Alumina-East and...
A00 aluminium ingot price declines on inventory gain; alumina price records a drop too
As the primary aluminium inventories have gained over the week ended on March 14 across China, the A00 aluminium ingot price has recorded a drop today, on March 15, by RMB 30 per tonne to RMB 13,800 per tonne, found Shanghai Metals Market. The average prices are expected to range between RMB 13,780...
Alumina price in China sees marginal decline; A00 aluminium ingot price up by RMB100/t
Average spot alumina price declined further to RMB 2726 per tonne on Thursday, 14 March 2019. This was down 0.18 per cent or RMB5 per tonne from RMB2731 per tonne. The average price is expected to range within RMB2726 per tonne. The fall in alumina price can be seen in the following graph....
CRU completes independent assurance review for its leading Alumina Price Index (CRU-API)
CRU has announced the successful completion of the independent assurance review for its leading, transaction-only based, CRU-API (Alumina Price Index) price. The review was carried out by independent professional services company PricewaterhouseCoopers LLP (PwC). This report was prepared to...
LME launches seven new contacts including alumina and aluminium premium contracts
The London Metal Exchange (LME) launched seven new cash-settled futures contracts on Monday, March 11, including contracts on alumina and aluminium premium. The new contracts are launched to attract more business after profits fell last year. London Metal Exchange (LME) announced about the launch...
A00 aluminium ingot price extends its rise today while input costs remain muted
According to Shanghai Metals Market, the A00 aluminium ingot price continued to rise today to RMB 13,730 per tonne. Yesterday the price was at RMB 13,680 per tonne, which indicates that the price today grew by RMB 50 per tonne. The average prices are expected to range between RMB 13,710 per tonne...
A00 aluminium ingot price increases RMB70/t; Australian alumina FOB price up 2.05%
According to Shanghai Metals Market, A00 aluminium ingot price rose from RMB13610 per tonne to RMB13680 per tonne as of Tuesday, 12 March 2019, representing an increase of RMB70 per tonne or 0.51 per cent. The price is expected to range between RMB13660 per tonne and RMB 13700 per tonne, with spot...
A00 aluminium ingot price drops over the weekend by RMB40/t; input costs record no change
According to Shanghai Metals Market, the A00 aluminium ingot price has dropped over the weekend by RMB 40 per tonne to stand at RMB 13,610 per tonne. The average prices are expected to range between RMB 13,590 per tonne and RMB 13,630 per tonne, with spot discounts to settle at RMB 50 per tonne to...
Alumina spot price in China extends its fall, but A00 aluminium ingot price rises
According to Shanghai Metals Market, the alumina spot price further extends its decline today to stand at RMB 2,731 per tonne. Compared with the downfall by RMB 14 per tonne yesterday, today the alumina spot price has shown a slower decline by RMB 7 per tonne. Since the beginning of the month, the...
Further decline of alumina spot price pulls down A00 aluminium ingot price across China
After remaining restraint last day at RMB 2,749 per tonne, the alumina spot price again plunged today, on March 7, by RMB 14 per tonne to stand at RMB 2,735 per tonne, found Shanghai Metals Market. This is the third fall of alumina spot price this month, hinting a continued downward trend. The...
Aluminium ingot prices record change in northern Chinese markets; average ingot price shows restraint
Today, on March 6, the aluminium price as well its raw materials’ on Shanghai Metals Exchange seem to have decided to mark the day with no movements, neither upward nor downward. To start with, the A00 aluminium ingot price is found to continue at RMB 13,700 per tonne, since when it jumped from...
Alumina price in China continues downward trend; ingot prices extend gains
Spot alumina prices in China are dropping from November 23 continuing in March. As updated by Shanghai Metals Market, average spot alumina price has dropped from RMB2764 per tonne on March 4 to RMB2749 per tonne on March 5, 2019. The fall in alumina price can be seen in the following graph....
