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 A00 aluminium ingot price records a drop on increased inventory and lowered alumina price
Following the growth of primary aluminium stocks by 39,000 tonnes to 1.303 million tonnes yesterday, the price of A00 aluminium ingot has registered a drop today, on January 25, to RMB 13,400 per tonne, Shanghai Metals Market found. This marks the primary aluminium price drop by RMB 70 per tonne...
London Metal Exchange to launch new alumina and aluminium premium contracts in March
According to a Reuter’s report, the London Metal Exchange (LME) has announced seven new contracts to be launched on March 11. LME has not been very successful in launching new products and are mostly dependent on its core base metal contracts. LME hopes to boost trading activities in the exchange...
Recap 2018: Primary Aluminium Market was on a slight deficit; aluminium import tariffs and Rusal sanctions drove the momentum (Part II)
(Continued from Part I ) LME/SME price trends An analysis of the LME and SME price trends in H1, H2 and the whole year 2018 will give us an idea about how the prices were impacted by the events in the aluminium supply scenario. As the sanctions hit the market in April and LME prices were pushed...
Alumina price in China continues downward trend; A00 ingot price registers a drop
Average spot alumina price in China further dropped to RMB 2836 per tonne on January 22, down RMB18 per tonne from RMB 2854 per tonne as on January 21.The spot price is expected to range within RMB 2836 per tonne today. Alumina-central and alumina –east declined by RMB 20 per tonne and RMB 30 per...
AlCircle launches Aluminium Industry Recap 2018: A Look Back at the Global Aluminium Value Chain
As the year 2018 wrapped up and 2019 has started, AlCircle is coming up with a comprehensive Aluminium Industry Recap 2018 . The recap will give you an opportunity to look back at the significant developments that shaped or disturbed the industry value chain. This edition of Aluminium Industry...
Alumina price in China stands at RMB2854/t; A00 aluminium continues upward trend
Average spot alumina price in China dropped from RMB 2862 per tonne to RMB 2854 per tonne on January 18. The spot price is expected to range within RMB 2854 per tonne today. Alumina-central is down by RMB 20 per tonne to stand at RMB 2880 per tonne. The price is expected to range between RMB 2860...
Alcoa’s 2018 EBITDA up 27% on higher alumina and aluminium prices
Alcoa Corporation, a global leader in bauxite, alumina, and aluminium products, announced fourth quarter and full-year 2018 results. The company reported net income of $227 million in 2018, from $217 million in 2017.Excluding special items, adjusted net income stood at $675 million. Adjusted EBITDA...
Chinese A00 aluminium ingot price extends hike despite sluggish alumina spot price
Despite a fall in alumina spot price on January 16, the A00 aluminium ingot price continues to record a rise today, on January 17, from RMB 13,240 per tonne to RMB 13,300 per tonne, found Shanghai Metals Market. The ingot price is seen oscillating throughout this month so far. Since the beginning,...
Alumina price in China registers a drop; A00 aluminium ingot prices rise after two consecutive falls
Average spot alumina price in China decreased by RMB 17 per tonne to RMB 2862 per tonne on January 16. The spot price is expected to range within RMB 2862 per tonne today. Alumina-north is down by RMB 40 per tonne to stand at RMB 2820 per tonne. The price is expected to range between RMB 2800 per...
Chinese A00 aluminium ingot price continues to drop; Input costs record no change
According to Shanghai Metals Market, the A00 aluminium ingot price today, on January 15, has extended its plunge further from RMB 13,240 per tonne to RMB 13,200 per tonne. This marks the second consecutive fall of aluminium ingot prices since the week began. Yesterday, on January 14, the ingot...
Chinese A00 aluminium ingot price shows restraint after more than week-long activities
After over week-long ups and downs, the A00 aluminium ingot price has decided to record no change today, January 11, according to Shanghai Metals Market. The price thus continues to hover at RMB 13,310 per tonne. The average prices are expected to remain the same as well between RMB 13,290 per...
Chinese A00 aluminium ingot price records a rise against alumina price fall
According to Shanghai Metals Market, the A00 aluminium ingot price has shown a little rise today, January 10, from RMB 13,290 per tonne to RMB 13,310 per tonne. This marks a growth of RMB 20 per tonne, compared to the plunge yesterday by RMB 20 per tonne. The average prices are expected to range...
Chinese authorities express concerns about excessive production capacity of alumina: SMM
According to a report by Shanghai Metals Market, Chinese authorities had raised concerns about the possibility of excessive production capacity across the alumina industry in China at the end of last year. They had even cited the projects which were in the pipeline. The news came based on the...
China’s alumina production up 11.2% YoY in December
According to Shanghai Metals Market, China’s total alumina production in December came in at 6.18 million tonnes, a growth by 11.22% from a year ago. The average daily output stood at 199,000 tonnes, from 203,000 tonnes in November. In 2018, China's alumina production totalled 70.48 million tonnes,...
Chinese alumina price drop further pulls down the ingot price across all major markets
Since the beginning of the New Year 2019, the alumina spot price has been found to record either a plunge or restraint; and today is not an exception. The alumina spot price in China has again registered a drop to RMB 2,893 per tonne after being at RMB 2,928 per tonne from January 4 to January 8,...
Chinese A00 aluminium ingot price drops amidst lower demand and bearish input costs
After rising back-to-back last two days, the A00 aluminium ingot price has recorded a plunge once again in China today, on January 8, 2019, Shanghai Metals Market found. The ingot price after rising in last two consecutive days had reached RMB 13,350 per tonne but today it dropped RMB 40 per tonne...
Chinese A00 aluminium ingot price extends rise amidst muted input costs
The A00 aluminium ingot price in China has extended its growth today, on January 7, from RMB 13,300 per tonne to RMB 13,350 per tonne, found Shanghai Metals Market. Thus, the price today has marked a jump by RMB 50 per tonne against a growth of RMB 30 per tonne on the previous day, January 4, from...
China aluminium market weekly summary; aluminium prices to remain under pressure on growing inventory and no cost support
According to the latest Weekly macro report from Shanghai Metals Market, aluminium prices in China are likely to trade under pressure in the near term as recent supply cuts in seven major smelters slowed down. Last week, social inventories of aluminium across eight consumption areas in China grew...
