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Spot alumina prices in China on upward track; Chalco alumina registers a jump
16 OCT 20172MINS

Spot alumina prices in China on upward track; Chalco alumina registers a jump

On Oct.13th, Binzhou City, Shandong Province has issued a Notice on Plan of 2017-2018 Industrial Enterprises’ Stagger Production. According to the plan estimate, alumina output in China will reduce by 1.93 million tonnes during heating season. In the meantime, Shanghai Metals Market Statistics...

A00 Ingot prices drop across all Chinese markets, alumina continues its upward track
11 OCT 20172MINS

A00 Ingot prices drop across all Chinese markets, alumina continues its upward track

After two consecutive price rises in last two days after China market reopened on October 9, A00 Aluminium Ingot prices dropped across all major markets. The average price of A00 Aluminium Ingot dropped to stand at RMB 16,130/t from RMB 16,260/t on October 10. The average price of A00 Aluminium...

China market reopens with upward trend, average spot alumina price stands at RMB 3602/tonne
09 OCT 20172MINS

China market reopens with upward trend, average spot alumina price stands at RMB 3602/tonne

China market has reopened today after the week-long Chinese National day holiday. SHFE base metals mostly opened higher on October 9, the first day following Chinese National Day holiday and SHFE aluminium increased over 1%. Shanghai Metals Market Statistics shows the average spot alumina price has...

Continuous alumina price rise likely to boost NALCO’s FY18 net profit by 45%
03 OCT 20172MINS

Continuous alumina price rise likely to boost NALCO’s FY18 net profit by 45%

The continuous price rise in alumina is expected to make a big difference to the FY 2018 net profit of National Aluminium Company Limited (NALCO). The leading Indian aluminium producer with integrated alumina operations expects the annual net profit to grow by 45 per cent, TK Chand, CMD of NALCO...

A higher alumina price index brings in good news for Alcoa, Hydro, and Nalco
02 OCT 20171MINS

A higher alumina price index brings in good news for Alcoa, Hydro, and Nalco

Aluminium price index has been trending higher. The prices of the key aluminium raw material were stable in June and July 2017 around the US$300 per tonne level, but they started gaining momentum up the track last month. Since LME and SHFE aluminium have been strong, alumina too seems to have...

Alumina continues steady rise in China, A00 Aluminum Ingot drops across major market
25 SEPT 20172MINS

Alumina continues steady rise in China, A00 Aluminum Ingot drops across major market

Shanghai Metals Market Statistics shows the average spot alumina price has been rising steadily and slowly through September to stand at RMB 3205.29/tonne for the month average. On September 25, Monday, the average alumina price stands at RMB 3532/tonne, an increase from RMB 3507/tonne yesterday....

Bauxite prices in Henan and Shanxi are rising slowly but steadily through August and September
21 SEPT 20172MINS

Bauxite prices in Henan and Shanxi are rising slowly but steadily through August and September

Despite tight bauxite supply in Shanxi and Henan due to environmental check, local market prices for bauxite rose very slow over August and September. According to Shanghai Metals Market report, the average price for Shanxi Bauxite (6.0≤Al/Si<7.0) in August stood at RMB 371.25/t and Henan Bauxite...

Advance aluminium capacity cut in Henan buoys aluminium prices in China, alumina continues upward track
20 SEPT 20172MINS

Advance aluminium capacity cut in Henan buoys aluminium prices in China, alumina continues upward track

Two aluminium and alumina producers in Henan have started winter capacity cuts in advance, from Sept 19. As reported by SMM, Jiaozuo Wanfang Aluminum will cut aluminum capacity by over 30% based on the number of electrolytic cells, while Chalco Zhongzhou Aluminum will cut alumina capacity by over...

Alumina prices on the rise in China, saleable alumina stocks remain low in September
19 SEPT 20172MINS

Alumina prices on the rise in China, saleable alumina stocks remain low in September

Shanghai Metals Market Statistics shows the average spot alumina price has been rising continuously from September 1 to stand at RMB 2958/tonne for the month average. On September 19, Thursday, the average alumina price stands at RMB 3353/tonne, an increase from RMB 3325/tonne yesterday. Alumina...

A00 Aluminium Ingot prices slopes down in China, alumina continues to rise further
15 SEPT 20171MINS

A00 Aluminium Ingot prices slopes down in China, alumina continues to rise further

The A00 Aluminium Ingot (Al99.70) price in China is on a downward curve for two consecutive days after a rise. . According to Shanghai Metals Market Statistics, today’s price stands at RMB 16,200/t, a drop from RMB 16,250/t yesterday and would range between RMB 16,180 – 16,220/t today. Average...

Average spot alumina price in China continues upward track, prebaked anode price registers a quick rise
14 SEPT 20172MINS

Average spot alumina price in China continues upward track, prebaked anode price registers a quick rise

Average spot alumina price in China moves further up on Sept 14. According to Shanghai Metals Market Statistics, the average spot alumina price has been rising steady from September 1 to stand at RMB 3053/tonne for the month average. On September 14, Thursday, the average alumina price stands at...

Bauxite prices in China register slow rise in Henan and Shanxi throughout August
12 SEPT 20172MINS

Bauxite prices in China register slow rise in Henan and Shanxi throughout August

Despite tight bauxite supply in Shanxi, due to environmental scanning, local market prices for bauxite rose slightly over August and September. According to Shanghai Metals Market report, the average price for Bauxite for August and September has not registered much change. The average prices of...

China’s alumina production soars in August; Henan to slash alumina capacity
12 SEPT 20171MINS

China’s alumina production soars in August; Henan to slash alumina capacity

Despite tight bauxite supply in Shanxi, China’s alumina production increased in August. The country’s alumina production increased 19.1 per cent year-on-year to 5.92 million tonnes in August. The daily average production stood at 1191,100 tonnes, up 2.6 per cent month-on-month, according to SMM...

Average spot alumina prices in moves further up on Sept 11, A00 ingot drops across all market
11 SEPT 20172MINS

Average spot alumina prices in moves further up on Sept 11, A00 ingot drops across all market

Spot alumina prices in China moves further up on Sept 11 throughout all the major markets. According to Shanghai Metals Market Statistics, the average spot alumina price has been rising steady from RMB 2885/tonne on September 1. Average alumina price for the month of September till date stands at...

Both A00 Aluminium Ingot and aluminium alloy prices drop across all Chinese markets
08 SEPT 20171MINS

Both A00 Aluminium Ingot and aluminium alloy prices drop across all Chinese markets

The China aluminium market is fluctuating almost every day over the uncertainty regarding the current aluminium capacity cut in the country. Both A00 Aluminium Ingot and aluminium alloys ingot prices in China have dropped on August 8 throughout all markets. All SHFE base metals prices plunged at...

Average spot alumina prices in China rally through August; stand at RMB 3044/t on Sept 7
07 SEPT 20172MINS

Average spot alumina prices in China rally through August; stand at RMB 3044/t on Sept 7

Spot alumina prices in China are on an upward track and now continue to grow firm throughout all the major markets. According to Shanghai Metals Market Statistics, the average spot alumina price started rising from mid-August when it was hovering around RMB 2521/tonne and reached the highest level...

Shanxi Huaxing Aluminium starts high-temperature digestion line, aluminium and other raw material prices to stay bullish
04 SEPT 20171MINS

Shanxi Huaxing Aluminium starts high-temperature digestion line, aluminium and other raw material prices to stay bullish

Shanxi Huaxing Aluminum Co. has commissioned high-temperature Digestion line for Bayer alumina production. The line will have the capability of processing 1 million tonnes of diasporic bauxite per year, the largest in the world. Chinese companies are also investing in alumina projects around the...

North Korea alumina import is estimated to drop noticeably in 2017
31 AUG 20171MINS

North Korea alumina import is estimated to drop noticeably in 2017

The imports of commodities by North Korea during the last five years have decreased and are estimated to continue in the coming years. The imports of alumina by the country also dropped during the last two years. North Korea‘s alumina import is estimated to fall considerably in 2017....