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...
Grow with
AL Circle
Chinese A00 aluminium ingot price grows over the weekend after two consecutive falls last week
Followed by two consecutive falls last week, the A00 aluminium ingot price is found rebounded over the weekend, showed Shanghai Metals Market on Monday, March 4, 2019. While the spot price of aluminium ingot has grown to RMB 13,630 per tonne from RMB 13,550 per tonne, the average prices are...
A00 aluminium ingot price in China shrinks RMB50/t to mark second consecutive fall
The A00 aluminium ingot price starts off the month with a decline by RMB 50 per tonne, found Shanghai Metals Market. Today, on March 1, the price has stooped down from RMB 13,600 per tonne to RMB 13,550 per tonne. The average prices are expected to range between RMB 13, 530 per tonne and RMB 13,570...
Alumina price in China registers marginal drop; ingot price declines after six days
Average spot alumina price dropped from RMB 2777 per tonne to RMB2775 per tonne on Thursday, February 28, representing a decrease of RMB2 per tonne or 0.07 per cen. The spot price is expected to range within RMB2775 per tonne. Alumina-East price decreased RMB50 per tonne or 1.77 per cent today. The...
Weiqiao Group to further cut prebaked anode purchasing prices by RMB140/t
As updated by Shanghai Metals Market, Shandong Weiqiao Group, one of the top alumina producers in China, planned to reduce prebaked anode purchasing prices by RMB140 per tonne for March. The price for March now stands at RMB3,180 per tonne in cash and RMB3,215 per tonne on acceptance. As far as...
Chinese A00 aluminium ingot price extends growth by RMB10/t on restrained input costs
According to Shanghai Metals Market, the A00 aluminium ingot price extends its growth today, February 27, yet again to stand at RMB 13,620 per tonne. Yesterday, on February 26, the ingot price was at RMB 13,610 per tonne, which indicates that today the price has risen by RMB 10 per tonne. This is...
Chinese A00 aluminium ingot price rises to the highest in 2019 so far; input costs remain muted
As most downstream consumers returned from CNY break and took active participation in trading in the spot aluminium market yesterday, the A00 aluminium ingot price once again extends its growth by RMB 80 per tonne to RMB 13,510 per tonne, found Shanghai Metals Market. This marks the third...
Alumina Limited’s net profit after tax surges 87% in FY 2018
Alumina Limited has reported an 87% increase year-on-year in statutory net profit after tax to US$635.4 million for the full-year ended 31 December 2018. The company has declared a final, fully franked dividend of 14.1 US cents per share. This makes total dividends of 22.7 US cents per share for...
Alumina price in China continues downward trend; A00 aluminium ingot price drops after four days of rise
Average spot alumina price continued their downward trend and stood at RMB 2777 per tonne today, Tuesday, February 19. This marked a drop of 0.57 per cent or RMB16 per tonne from RMB2793 per tonne on February 13. The spot price is expected to range within RMB2777 per tonne. Alumina-East and...
China’s January alumina production up 7.4% from a year ago
According to Shanghai Metals Market, China produced 6.13 million tonnes of alumina (metallurgical grade) in January, an increase of 7.4% from a year ago. The average daily output stood at 198,000 tonnes, down 1,000 tonnes from 199,000 tonnes in December 2018. Gas installation issues at Chiping...
Chinese A00 aluminium ingot price records third back-to-back rise; Input costs remain unchanged
According to Shanghai Metals Market, the A00 aluminium ingot price has registered a rise today, on February 15, by RMB 20 per tonne to RMB 13,340 per tonne. This marks the third back-to-back growth in ingot price since February 13. The average prices are expected to range between RMB 13,320 per...
Chinese A00 aluminium ingot price continues to grow even though input costs show restraint
According to Shanghai Metals Market, the A00 aluminium ingot has extended its price today, on February 14, to RMB 13,320 per tonne. On February 13, the price was at RMB 13,290 per tonne, which means today the aluminium ingot price has recorded rise by RMB 30 per tonne. The average prices are...
Chinese spot alumina price drops today after two weeks of restraint; Aluminium ingot price rises
After remaining restrained since the end of January, the alumina spot price today, on February 13, has recorded a plunge by RMB 15 per tonne to RMB 2,793 per tonne, found Shanghai Metals Market. From January 29 to February 12, the price of alumina stood at RMB 2,808 per tonnes with no intermittent...
A00 aluminium ingot price in China shows restraint except at some major markets
After a plunge yesterday from RMB 13,300 per tonne to RMB 13,270 per tonne, the A00 aluminium ingot price decides to remain unchanged today, on February 12, Shanghai Metals Market learned. The average prices are expected to range between RMB 13,250 per tonne and RMB 13,290 per tonne, with spot...
A00 aluminium ingot price slips by RMB30/t after a week-long Chinese New Year break
The Shanghai Metals Market opened today after almost a week-long Chinese New Year Holiday from February 4 to February 10 with a drop in A00 aluminium ingot price. Registering a dip by RMB 30 per tonne, the ingot price today, on February 11, stood at RMB 13,270 per tonne, according to the data found...
Alba reports net loss of US$ 47 million in Q4 on higher alumina prices
Aluminium Bahrain B.S.C. (Alba) released its Full-Year and Fourth Quarter of 2018 results on Thursday February 07, 2019.The company reported a net loss of BD 17.5 million (US$ 47 million) in Q4 2018, down by 175% from a net Income of BD 23.4 million (US$ 62.4 million) in Q4 2017. Alba reported a...
Bauxite price in the spot Chinese market records a drop but ingot price registers back-to-back rise
After almost two months, the spot price of bauxite recorded a change on January 28, according to Shanghai Metals Market. The bauxite price dipped by RMB 20 per tonne and stood at RMB 550 per tonne. Prior to this, the aluminium ore price was at RMB 570 per tonne from December 3, 2018, to January 27,...
Why buy "Aluminium Industry Recap 2018: A Look Back at the Global Aluminium Value Chain" report?
Aluminium has been the most talked-about non-ferrous metal in the year 2018 for many reasons. New tariffs, sanctions, trade wars on one hand; and developments and expansions on the other across the entire value chain emerged as non-avoidable circumstances in the year gone by. To start with, the...
Chinese A00 aluminium ingot price continues to drop on growing inventories and lower transactions
In the background of growing social inventories of primary aluminium by around 31,000 tonnes over the weekend and low transactions in the spot market, the A00 aluminium ingot price has recorded a plunge today, January 29, by RMB 120 per tonne. According to Shanghai Metals Market, yesterday, on...
