Aluminium prices drift higher as September peak season operations recover amid low inventory
Futures: The most-traded SHFE aluminium contract opened at RMB 24,400 per tonne in the night session on September 7, reached a high of RMB 24,470 per tonne and a low of RMB 24,335 per tonne, and closed at RMB 24,450 per tonne, up 30 from the previous close, a gain of 0.12 per cent. Prices traded...
Macro disturbances cap upside room, while destocking continues to support aluminium price stabilisation
Futures: The most-traded SHFE aluminium contract opened at RMB 24,240 per tonne in the night session on September 4, with a high of RMB 24,355 per tonne, a low of RMB 24,220 per tonne, and a close of RMB 24,320 per tonne, up 0.12 per cent from the previous close. Futures stabilised and rebounded,...
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Raffmetal S.p.A. certified against Aluminium Stewardship Initiative Performance Standard
Raffmetal S.p.A. has received Aluminium Stewardship Initiative Performance Standard certification for its refining operation in Casto, Italy. The facility produces standardized and industrial aluminium alloys in ingot form, continuous bar castings and in the liquid state from a broad range of...
A00 aluminium ingot price inches down by RMB 140/t; Aluminium alloy (A356) price stands at RMB15200/t
A00 aluminium ingot price registered a drop after remaining unchanged yesterday. The price reduced by RMB 140 per tonne to stand at RMB 14580 per tonne on Wednesday, 09 September 2020 and is expected to move within a range of RMB 14560-14600 per tonne. In Foshan and Wuxi, the price declined by RMB...
Average alumina spot price declines for the second consecutive day to RMB2346/t; A00 aluminium ingot price remains muted
Average alumina spot price in China has recorded a plunge from RMB 2,354 per tonne to RMB 2,346 per tonne, as of Tuesday, September 8, found the Shanghai Metals Market. This marks the second consecutive day of decline following a week-long restraint at RMB 2,360 per tonne during August 28-September...
Alumina price in China down by RMB 6/t; Alumina (Imported) price stands at RMB 2375/t
As updated by Shanghai Metals Market, average spot alumina price in China has dropped by RMB 6 per tonne on Monday, 07 September 2020, to stand at RMB 2354 per tonne, after remaining flat at 2360 per tonne since August 28. The prices of alumina in Shanxi, Guizhou, Guangxi China markets have...
Weekly update: A00 aluminium price witnessed fluctuations over the week; Alumina price in China remained unchanged
A00 aluminium ingot price in China saw mixed performance over the week. The week started with a increase of RMB 80 per tonne to stand at RMB 14760 per tonne on Monday August 31. The price continued to trend lower at RMB 14700 per tonne and RMB 14520 per tonne on Tuesday and Wednesday. The week...
A00 aluminium ingot price plunges by RMB70/t to RMB14470/t, while input costs remain muted
According to the Shanghai Metals Market, A00 aluminium ingot price has recorded a plunge of RMB 70 per tonne to stand at RMB 14,470 per tonne, as of Friday, September 4, following a build-up of 6,000 tonnes in primary aluminium inventories on Thursday, September 3. The average aluminium ingot...
Primary aluminium inventories increase by 6,000 tonnes W-o-W, following a decline last Thursday
According to the Shanghai Metals Market, the social inventories of primary aluminium have gained 6,000 tonnes over the week ending Thursday, September 3. The stocks have increased across eight major consumption areas in China, including SHFE warrants, to stand at 761,000 tonnes compared to 755,000...
A00 aluminium price climbs RMB 20/t; Aluminium alloy (ADC12) stands at RMB 14050/t
A00 aluminium ingot price climbed by RMB 20 per tonne to stand at RMB 14540 per tonne on Thursday, 03 September 2020, from Wednesday’s price of RMB 14520 per tonne. The price registered an increase after two days of decline. The price is expected to range at RMB 14520-14560 per tonne. In Foshan and...
US primary aluminium output stands at 89,000 tonnes in June 2020; secondary recovery increases 4% MoM
According to the latest report from the US Geological Survey, US domestic primary aluminium production was 89,000 tonnes in June 2020. The average daily production stood at 2,980 tonnes, 3% less than that in May 2020 and slightly less than that in June 2019. Total aluminium recovered from scrap was...
A00 aluminium ingot price slips RMB 180/t; Prebaked anode spot price in Southwest China stands at RMB 3260/t
A00 aluminium ingot price slipped by RMB 180 per tonne from Tuesday’s price of RMB 14700 per tonne. The price now stood at RMB 14520 per tonne on Wednesday, 02 September 2020 and is expected to move within a range of RMB 14500-14540 per tonne. In Foshan and Wuxi, the price inched down by RMB 190...
BAGR Berliner Aluminiumwerk commences a new casting line to manufacture high-quality aluminium rolling ingots
BAGR Berliner Aluminiumwerk GmbH, Europe's leading independent secondary aluminium slab producer, has announced on Tuesday, September 1, that it has started a fully-automated continuous casting line to manufacture high-quality rolling ingots in large widths. On commissioning of the new casting...
Prebaked anode price in East China market edged higher by RMB 80/t; Aluminium Fluoride stood at RMB 7850/t
Prebaked anode price in East China market has edged higher by RMB 80 per tonne after remaining flat at RMB 2930 per tonne since August 3. As of Tuesday, 01 September 2020, prebaked anode price ranged at RMB 2840-3180 per tonne; the average price stood at RMB 3010 per tonne. Prebaked anode prices in...
A00 aluminium ingot price begins the week with a rise of RMB80/t, while aluminium alloy(A356) price grows to RMB15350/t
According to the Shanghai Metals Market, A00 aluminium ingot price has grown by RMB 80 per tonne on Monday, August 31, to stand at RMB 14,760 per tonne, following two consecutive declines of RMB 40 per tonne and RMB 50 per tonne to come in at RMB 14,680 per tonne. The average prices today are...
Bauxite price in Shanxi up by RMB10/t; Alumina price stands at RMB 2360/t
The average Bauxite (4.5≤Al/Si＜5.5) price in Shanxi stands at RMB 390 per tonne on Friday, 28 August 2020, an increase of RMB 10 per tonne, after remaining flat at RMB 380 per tonne since July 2. The average price is expected to move within a range of RMB 360-RMB 420 per tonne. The average spot...
Primary aluminium inventories in China loss 7,000 tonnes this week, stocks standing at 755,000 tonnes
Primary aluminium inventories in China have recorded a plunge of 7,000 tonnes this week ended on Thursday, August 27, following a rise of 25,000 tonnes in the week earlier, found Shanghai Metals Market. According to the data, the social inventories of primary aluminium have declined across eight...
A00 aluminium ingot price shrinks by RMB40/t after two consecutive hikes; Aluminium alloy(A356) price down by RMB50/t
On Thursday, August 29, A00 aluminium ingot price in China has declined by RMB 40 per tonne to RMB 14,730 per tonne, following two consecutive hikes from RMB 14,700 per tonne to RMB 14,770 per tonne, according to the data found by Shanghai Metals Market. Week-on-week, the price is down by RMB 60...
ASI certifies ALVANCE Aluminium Dunkerque with Performance Standard Certification
Aluminium Stewardship Initiative has acknowledged ALVANCE Aluminium Dunkerque with its Performance Standard certification for smelting and casthouse operation. The plant produces aluminium by electrolysis of alumina in the form of rolling slabs and ingots. The news came after ASI announced that it...
Alumina (Imported) price stands higher at RMB 2365/t; A00 aluminium ingot price inches up by RMB 20/t
Alumina (Imported) price has increased to RMB 2365 per tonne, representing a growth of RMB 65 per tonne after remaining unchanged at RMB 2300 per tonne since August 18. The average price is expected to move within a range of RMB 2350-2380 per tonne. Alumina price in other major China markets...
