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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A00 aluminium ingot price grows by RMB110/t over the weekend after four straight declines; Aluminium alloy (A356) price up by RMB100/t
The A00 aluminium ingot price has recorded a hike of RMB 110 per tonne over the weekend ending July 20 to stand at RMB 14,480 per tonne, following four consecutive declines from RMB 15,320 per tonne to RMB 14,370 per tonne during July 13-17, according to the Shanghai Metals Market. The average...
Nalco decreases aluminium ingot price by nearly 2% to INR 140,750-144,250/t w.e.f July 18
National Aluminium Company has decreased its aluminium ingot and aluminium product prices with effect from Saturday, July 18, following a hike on July 10. The company has cut its aluminium ingot price by INR 2,700 per tonne or 1.88 per cent to INR 140,750-144,250 per tonne. After the last hike with...
Hindalco cuts its aluminium ingot and product prices by INR2250/t with effect from July 17
Hindalco Industries Limited has cut its aluminium ingot and product prices with effect Friday, July 17, following three consecutive hikes last week. The aluminium ingot price of the company has been reduced by INR 2,250 per tonne or 1.56 per cent to INR 141,250 per tonne. After the last hike on...
Vedanta reduces aluminium ingot price by 1.50% to INR140000-153000/t w.e.f July 17
According to the latest update, Vedanta Limited has cut its aluminium ingot and product prices with effect from today, July 17, following three consecutive hikes during July 8-10. The company’s aluminium ingot price is now ranging between INR 140,000-153,000 per tonne, down by INR 2,250 per tonne...
A00 aluminium ingot price inches down by RMB160/t; Aluminium alloy (A356) price stands at RMB15000/t
A00 aluminium ingot price registered a decrease of RMB 160 per tonne from Thursday’s price of RMB 14530 per tonne. The price now stood at RMB 14370 per tonne on Friday, 17 July 2020 and is expected to move within a range of RMB 14350-14390 per tonne. In Foshan and Wuxi, the price dropped by RMB 170...
A00 aluminium ingot price extends decline to RMB14530/t; Premium spot price grows by RMB250/t on brisk trading
According to the Shanghai Metals Market, the A00 aluminium ingot price has expanded its downfall than the previous day by about RMB 170 per tonne to stand at RMB 14,530 per tonne, as of Thursday, July 16. Yesterday, the price fell by RMB 120 per tonne, and today, it declined by RMB 290 per tonne....
A00 aluminium ingot price extends drop by RMB 80/t; Al Fluoride price stands at RMB 7600/t
A00 aluminium ingot price edged lower by RMB 80 per tonne to stand at RMB 14820 per tonne on Wednesday, 15 July 2020, from Tuesday’s price of RMB 14900 per tonne. This marked the second consecutive fall in aluminium ingot price. The price is expected to range at RMB 14800-14840 per tonne. In Foshan...
A00 aluminium ingot price declines by RMB420/t after three consecutive hikes; Australian alumina FOB price grows by US$13/t
Following the three consecutive hikes from RMB 14,320 per tonne to RMB 15,320 per tonne, the A00 aluminium ingot price has recorded a sharp decline today, July 14, of RMB 420 per tonne to stand at RMB 14,900 per tonne, found Shanghai Metals Market. The average prices are expected to range between...
Iran's aluminium production inches up by 63% YoY in the first three months
Iran's production of aluminium ingots stood at 101,195 tonnes during the first three months of the current Iranian year (March 20-June 20), an increase of 563% compared with the same period last year, according to the Iranian Mines and Mining Industries Development and Renovation Organization...
Alumina (Imported) price rose to RMB 2450 per tonne; A00 aluminium ingot price registered a big jump
The average spot alumina price has continued their upward track and stood at RMB 2495 per tonne on Monday, 13 July 2020, registering an increase of RMB50 per tonne from RMB 2445 per tonne. The alumina prices increased across all major markets in China, except south. The average prices of...
Hindalco expands its aluminium ingot price hike to INR143500/t with effect from July 10
Hindalco Industries Limited has further expanded the price hike of its aluminium ingot and aluminium product for the third consecutive day, with effect from Friday, July 10. With the latest hike, Hindalco’s aluminium ingot price is now standing at INR 143,500 per tonne, up by INR 3,250 per tonne or...
Nalco sharply increases its aluminium ingot price by nearly 4% w.e.f July 10 in line with upbeat global prices
National Aluminium Company (NALCO) has increased its aluminium ingot price sharply by INR 5,400 per tonne or 3.9 per cent with effect from Friday, July 10, following the cut on Wednesday, July 8, to INR 138,050-141,550 per tonne. Hence, the company’s aluminium ingot price is now hovering at INR...
Vedanta’s aluminium ingot price now stands at INR 142,250-155,250/t
Vedanta hikes its aluminium products price for the third time in a row. With effect from Friday 10 July 2020, the prices of some aluminium ingots are in the range of INR 142,250-155,250 per tonne, an increase of 2.34% or INR 3,250 per tonne from INR 139,000-152,000 per tonne on July 9. With the...
A00 aluminium ingot price soars by RMB230/t on continued fall in inventories; Alumina spot price expands growth to RMB26/t
A00 aluminium ingot price has recorded a sharp jump by RMB 230 per tonne to stand at RMB 14,700 per tonne on Friday, July 10, according to Shanghai Metals Market. The average prices are expected to range between RMB 14,680 per tonne and RMB 14,720 per tonne, with spot contract to be traded at a...
Vedanta hikes its aluminium products price by INR 2,250 per tonne
Vedanta hikes its aluminium products price for the second time in a row. With effect from Thursday 9 July 2020, the prices of some aluminium ingots are in the range of INR 139,000-152,000 per tonne, an increase of 1.65% or INR 2,250 per tonne from INR 136,750-149,750 per tonne on July 8. With the...
Hindalco’s aluminium ingot price stands at INR 140,250 per tonne with effect from July 9
Hindalco Industries Ltd has raised its aluminium products price for the second time in a row. With effect from Thursday July 9, Hindalco aluminium ingots price now stands at INR 140,250 per tonne, an increase of 1.45% or INR 2,000 per tonne from INR 138,250 per tonne on July 8. The company is now...
Hindalco increases its aluminium ingot price by 1 per cent to INR138250/t with effect from July 8
Following the cut on Saturday, July 4, Hindalco Industries Limited has increased its aluminium ingot price with effect from Wednesday, July 8. With the latest hike, the company’s ingot price has come in at INR 138,250 per tonne compared to INR 136,750 per tonne on July 4, meaning an increase of INR...
Nalco’s aluminium ingot price down by over INR 2000/t after two consecutive hikes
National Aluminium Company Limited (NALCO) has cut its aluminium ingot and product prices with effect from Wednesday, July 8, following two consecutive hikes on June 20 and July 1. Nalco’s aluminium ingot price has been reduced by INR 2,100 per tonne or 1.5 per cent to INR 138,050-141,550 per...
