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,...
Grow with
AL Circle
China's alumina price records a growth of RMB51/t after two months of decline; A00 aluminium ingot price rises sharply
Shanghai Metals Market found a bullish trend today, as of April 20, throughout the Chinese aluminium market. The prices of alumina to aluminium alloys have recorded significant growth ranging between RMB 50 per tonne and RMB 350 per tonne. According to SMM data, the average alumina spot price has...
Tianjin Zhongwang Co., Ltd. rolling facility certified against ASI Performance Standard
Tianjin Zhongwang Co., Ltd. has received Aluminium Stewardship Initiative (ASI) Performance Standard Certification for its Tianjin operations. The operations include casting, hot and cold rolling, finishing and annealing with outputs of ingot, thick plate, sheets and coil products. The plant has an...
Luxembourg’s Aluminium ingot importation market remains strong during 2017-20
Luxembourg's economy is quite similar to Germany's and the nation enjoys a degree of economic prosperity very rare among industrialized democracies. In Luxembourg, Hydro is present with metal products operations. The company’s largest aluminium remelting operation in Europe is based in Clervaux,...
A00 aluminium ingot price climbs RMB 150/t; Aluminium Alloy (A356) stands at RMB12850/t
A00 aluminium ingot price registered an increase of RMB 150 per tonne or 1.25 per cent from Thursday’s price of RMB 12000 per tonne. The price now stood at RMB 12150 per tonne on Friday, 17 April 2020 and is expected to move within a range of RMB 12130-12170 per tonne. Spot aluminium contract is...
A00 aluminium ingot price extends growth to RMB12,000/t on supply shortage and increased consumption
A00 aluminium ingot price has extended growth today, on April 16, for the sixth day in a row to touch the level of RMB 12,000 per tonne, learned Shanghai Metals Market. Yesterday, the price was RMB 11,910 per tonne, which represents that today it has increased by RMB 90 per tonne. The average...
Alumina price extends drop by RMB 9/t; A00 aluminium ingot price stands at RMB 11910/t
The average spot alumina price in China has dropped by RMB 9 per tonne or 0.43 per cent on Wednesday, 15 April 2020, after a decline of RMB 6 per tonne on Tuesday. The price now stands at RMB 2064 per tonne today. The alumina prices in China have decreased in East and Central markets. The average...
Chinese alumina price lowers decline to RMB6/t, while A00 aluminium ingot price lowers growth to RMB20/t
According to Shanghai Metals Market, the average alumina spot price in China has lowered its decline to RMB 6 per tonne today, on April 14, to stand at RMB 2,073 per tonne. In many parts of China, the price has remained restrained, such as in the east and north at RMB 2,100 per tonne and RMB 2,050...
Iceland’s aluminium ingot export reflects $ billion market 2017-20
Aluminium is the world’s most widely used non-iron and non-steel metal and is the basic ingredient for a wide range of recyclable products. The latter includes beverage cans, construction materials and transport vehicles. Silvery-white in colour, pure aluminium is non-magnetic and is also notable...
China’s primary aluminium inventories extend decline over the weekend on improved demand
Shanghai Metals Market found a further decline in social inventories of primary aluminium ingots over the weekend ended Monday, April 13, bolstered by improved demand and reduced arrivals of stocks to warehouses. According to the SMM data, the inventories decreased 59,000 tonnes from last Thursday,...
Alumina spot price in China declines further by RMB25/t; A00 aluminium ingot price grows on first inventory decline this year
According to Shanghai Metals Market, the average alumina spot price has seen to close the week ending Friday, April 10, at RMB 2121 per tonne, down RMB 25 per tonne from RMB 2,146 per tonne on Thursday, April 9. In the central, the average alumina spot price has decreased by RMB 30 per tonne to RMB...
Primary aluminium inventories mark first decline in China since the Lunar New Year Holiday this year
Social inventories of primary aluminium ingots have fallen this week, as demand improved and aluminium smelters held back on sales and reduced deliveries to social warehouses owing to weaker aluminium prices, learned Shanghai Metals Market. The SMM data shows the primary aluminium inventories...
Average alumina spot price continues to decline while A00 aluminium ingot price records a growth today
The average alumina spot price has extended its decline further by RMB 26 per tonne to stand at RMB 2,146 per tonne, as of Thursday, April 9, found Shanghai Metals Market. This marks the sixth consecutive fall this month, bringing the average alumina spot price down by RMB 429 per tonne over the...
Alumina price stands lower at RMB 2172/t; A00 aluminium price drops after two days of rise
The average spot alumina price stands at RMB 2172 per tonne on Wednesday, 08 April 2020, a decrease of RMB 33 per tonne or 1.50 per cent from RMB 2205 per tonne on April 7. The alumina prices in China have decreased in all major markets, except South. The average prices of Alumina-East and...
Alumina price in China declines by RMB41/t; A00 aluminium ingot price grows on increased demand
The average alumina spot price since the middle of March is recording relentless declines, and today, April 7, is of no exception, found Shanghai Metals Market. The aluminium raw material price in the spot market has registered a decline of RMB 41 per tonne to stand at RMB 2,205 per tonne. In the...
Vedanta's aluminium ingots prices now at INR127,250-140,250/t after sixth consecutive cut
Vedanta for the sixth consecutive time has cut its aluminium ingots prices by nearly 1 per cent, with effect from Wednesday, April 1. The company had cut the prices of these products by 2 to 3 per cent. After the cut with effect from April 1, Vedanta is now selling ingots at INR 127,250 per tonne...
Weekly update: Alumina price in China performed lower over the week; A00 aluminium price ended the week higher
The average spot price of alumina witnessed a downward movement over the week. After declining by RMB 18 per tonne on Friday, the price dropped by RMB 33 per tonne and RMB 27 per tonne to RMB 2370 per tonne and RMB 2343 per tonne on March 30 and March 31. The alumina price ended the week lower at...
Alumina price in China slips 0.93%; Aluminium Fluoride price slumps by RMB 200/t
The average spot alumina price in China has dropped by RMB 21 per tonne or 0.93 per cent on Friday, 03 April 2020, after a decline of RMB 66 per tonne on Thursday. The price now stands at RMB 2246 per tonne today. The drop in alumina prices has continued in all other major markets in China, except...
Saudi Arabia’s aluminium ingot export shows dip during 2017-20
At the desert complex of Saudi Arabia’s north-eastern Gulf coast, refineries, smelters and casting machines transform dull pink rocks into silver aluminium bars, a symbol of the kingdom’s attempt to diversify its economy. After only two years in operation, the $10.8 billion aluminium project at Ras...
