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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Vedanta Ltd increases its aluminium ingot and billet prices by INR1250/t with effect from July 8
Vedanta Limited has increased its aluminium ingot and aluminium billet prices with effect from July 8, following the two consecutive cuts on July 1 and July 4. The aluminium ingot price has been raised by INR 1,250 per tonne or 1 per cent to INR 136,750-149,750 per tonne. After the last cut,...
Average alumina spot price in China expands growth to stand at RMB2408/t, A00 aluminium ingot price declines higher
According to Shanghai Metals Market, the average alumina spot price in China has recorded a higher hike today, on July 8, by RMB 38 per tonne to stand at RMB 2,408 per tonne. In the east, the alumina price has grown by RMB 50 per tonne to RMB 2,400 per tonne, while that in the central and north has...
Belgium’s import of Aluminium alloy ingot remains to fluctuate marginally during 2017-20
In spite of its small size, Belgium's economy has consistently placed among the top 20 economies of the world and remains strong. The major industries that support the economy of Belgium are Metallurgy, steel, textiles, chemicals, glass, paper, and food processing are the dominant industries....
Australian alumina FOB price up USD 2/t; A00 aluminium ingot price stands at RMB 14440/t
The average spot alumina price in China is up by RMB 2 per tonne on Monday, 06 July 2020 to stand at RMB 2335 per tonne. Alumina prices remain unchanged across all major markets in China, except East. The average spot alumina price in East China is up by RMB 10 per tonne. Alumina price stands at...
Hindalco Industries’ aluminium ingot price stands at INR 136,750 per tonne with effect from July 4
Hindalco Industries Ltd has reduced its aluminium products price after hiking it the price of the same products on July 1. With effect from Saturday July 4, Hindalco aluminium ingots price now stands at INR 136,750 per tonne, a decrease of 2.15% or INR 3,000 per tonne from INR 139,750 per tonne on...
Vedanta cuts its aluminium products price by INR 3,000 per tonne
Vedanta cuts its aluminium products price after raising it for the second time in a row. With effect from Saturday 4 July 2020, the prices of some aluminium ingots are in the range of INR 135,500-148,500 per tonne, a decrease of 2.17% or INR 3,000 per tonne from INR 138,500-151,500 per tonne on...
NALCO’s aluminium ingots price stands at INR 140,150 – 143,650/t with effect from July 1
National Aluminium Company Limited (NALCO) has increased its aluminium products price for third time in a row. With effect from Wednesday July 1, NALCO's aluminium ingots price stood at INR 140,150 – 143,650 per tonne, registering a hike of INR 100 or 0.07 per cent from INR 140,050-145,550 per...
Hindalco again increases its aluminium prices by 1% w.e.f July 1 in line with rallying LME prices
Hindalco Industries Limited has increased its aluminium products prices by again 1 per cent for the second consecutive time, with effect from July 1, 2020. With the latest hike, the company’s aluminium ingot price has come in at INR 139,750 per tonne compared to INR 138,000 per tonne on June 27,...
Vedanta increases its aluminium ingot price by INR 1,750/t to INR 138,500-151,500/t
Vedanta hiked its aluminium products price on Wednesday, July 1, marking the second consecutive rise in price. With effect from Wednesday 1 July 2020, the prices of some aluminium ingots are in the range of INR 138,500-151,500 per tonne, a rise of INR 1,750 per tonne or 1.28% from INR...
Azerbaijan’s export of non-alloyed aluminium ingot reflects strong rise during 2017-19: Estimated de-growth by 7.52% in 2020
The non-alloyed aluminium ingot export of Azerbaijan has been reflecting with a very strong rise during 2017-19, as the total export volume stands at 68,848 tonnes and revenue earning posted was $135.30 million. The estimated export volume for 2020 has been analysed at 20,876 tonnes and the revenue...
Alumina price in China edges higher by RMB15/t; A00 aluminium price stands at RMB14170/t
As updated by Shanghai Metals Market, average spot alumina price in China has increased to RMB 2276 per tonne on June 30, after remaining flat at RMB 2261 since June 18. This marks an increase of RMB 15 per tonne. The prices of alumina in East, Central, and North China markets have risen by RMB 25...
Hindalco hikes its aluminium ingot price by INR2,750/t to stand at INR 138,000/t
Hindalco Industries Ltd has raised its aluminium products price after cutting it by more than 1% on June 26. With effect from Saturday June 27, Hindalco aluminium ingots price now stands at INR 138,000 per tonne, an increase of 2.03% or INR 2,750 per tonne from INR 135,250 per tonne on June 26. The...
Chinese primary aluminium inventories decline shrink to 4,000 tonnes since last Wednesday
Shanghai Metals Market found further downfall, although slower, in Chinese primary aluminium ingots inventories over the past three-day Dragon Boat Festival holiday. According to the data, the inventories across eight major consumption areas, including SHFE warrants, decreased 4,000 tonnes from...
A00 aluminium ingot price in China edges higher by RMB80/t amid muted input costs; Aluminium alloy (A356) price up by RMB50/t
According to Shanghai Metals Market, the A00 aluminium ingot price has recorded a hike over the Chinese Dragon Boat Festival Holiday by RMB 80 per tonne to stand at RMB 14,090 per tonne on Monday, June 29. The average prices are expected to range between RMB 14,070 per tonne and RMB 14,110 per...
Vedanta hikes its aluminium products price by INR 3,000/t with effect from June 27
Vedanta has raised its aluminium products price after cutting the price of the same product for the second time in a row. With effect from Saturday 27 June 2020, the prices of some aluminium ingots are in the range of INR 136,750-149,750 per tonne, marking an increase of INR 3,000 per tonne or...
Hindalco’s aluminium ingot price stands at INR135,750/t after second consecutive day of cut on June 26
Hindalco Industries Limited has again cut its aluminium prices today, on June 26, just after reducing them yesterday by INR 2000 per tonne. This marks the second back-to-back day in a week that Hindalco has trimmed its aluminium prices. Today, the company has cut the prices by INR 1750 per tonne,...
Vedanta’s aluminium ingot price stands at INR 133,750-146,750/t with effect from June 26
Vedanta has reduced its aluminium products price for the second time in a row. With effect from Friday 26 June 2020, the prices of some aluminium ingots are in the range of INR 133,750-146,750 per tonne. This marks a drop of INR 2000 per tonne or 1.47% from INR 135,750-148,750 per tonne on June 25....
Czech Republic’s Aluminium ingot importation displays “unsteady” movement during 2017-20
Czech Republic’s largest sector is the automotive industry. The Czech industry produces mainly electrical, electronic and optical equipment, as well as cars, transport vehicles and machines. Most of the produced components are exported abroad - an important revenue factor for the Czech Republic....
