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
Hindalco hikes its aluminium ingot price by 1.79% with effect from March 14
Hindalco Ltd has raised prices of its aluminium ingots by 1.79% from Friday. With effect from March 14, the price for Hindalco aluminium ingots now stands at INR 142,500 per tonne, from INR 140,000 per tonne on March 13. The company has hiked aluminium ingot price after cutting the price of the...
Alumina price in China dips by RMB2/t after week-long restraint; A00 aluminium ingot price rises by RMB90/t
After remaining restrained at RMB 2,575 per tonne last week, the average alumina spot price has recorded a dip today, on March 16, by RMB 2 per tonne to RMB 2,573 per tonne, found Shanghai Metals Market. In the north, the price has decreased by RMB 5 per tonne to RMB 2,585 per tonne, while in the...
Iran's annual aluminium production to rise 60% Y-o-Y
Iran’s aluminium production capacity is expected to reach 775,000 tonnes in the current Iranian calendar year (ends on March 19 th ). The figure clearly states 60% more than the previous year. As per the reports of the country’s national development plan for the mining sector and based on the...
A00 aluminium ingot price continues to drop for the third consecutive day on further rise in inventories this week
According to Shanghai Metals Market, the A00 aluminium ingot price today, March 13 has dropped for the third consecutive day. As per the data, the price has plunged by RMB 100 per tonne to stand at RMB 12,650 per tonne. The average prices are expected to range between RMB 12,630 per tonne and RMB...
Hindalco hikes aluminium ingot price after two cuts in a row
Hindalco Industries Ltd has increased the price of its aluminium ingot after cutting them two times in a row. With effect from March 12, the price for Hindalco aluminium ingot now stands at INR 141,500 per tonne, an increase of 1.25% from INR 139,750 per tonne on March 10. The prices of wire rods...
A00 aluminium ingot price drops by RMB 60/t; Aluminium Alloy (A356) stands lower at RMB13450/t
A00 aluminium ingot price decreased by RMB 60 per tonne or 0.47 per cent on Thursday, 12 March 2020. The price now stood at RMB 12750 per tonne and is expected to move within a range of RMB 12730-12770 per tonne. Spot aluminium contract is likely to be traded at a discount of RMB 40 per tonne. In...
Hindalco cuts its aluminium ingot price by 1.89% with effect from March 7
Hindalco Industries Ltd has reduced the prices of aluminium ingots by 1.89% on Saturday, 7 March, after raising the price of the same product by 1.93% on Thursday. With effect from March 7, the price for Hindalco aluminium ingots now stands at INR 142,500 per tonne, down from INR 145,250 per tonne...
A00 aluminium ingot price remains restrained after sharp decline last day; Bauxite(4.5≤Al/Si＜5.5)Shanxi price drops
After a sharp decline of RMB 240 per tonne last day, the price of A00 aluminium ingot in China has remained restrained today, on March 10, at RMB 12,830 per tonne, found Shanghai Metals Market. The average prices are expected to range between RMB 12,810 per tonne and RMB 12,850 per tonne, with spot...
Further rise in primary aluminium inventories push down the A00 aluminium ingot price to as low as RMB12830/t
On the further rise of the social inventories of primary aluminium, the A00 aluminium ingot price has recorded a sharp decline of RMB 240 per tonne to RMB 12,830 per tonne. For the first time in the last one year, the A00 aluminium ingot price has come below the RMB 13,000 per tonne level. The...
Hindalco raised its aluminium ingot price by 2% with effect from March 5
Hindalco Industries Ltd has increased the prices of aluminium ingots by 1.93% on Thursday, after raising it by 1.97% on Wednesday. This is the third time in a row that the company has raised the prices of its products. With effect from March 5, the price for Hindalco aluminium ingots now stands at...
China’s primary aluminium inventories jumped 103,000 tonnes; A00 aluminium ingot price extends growth by RMB10/t
As updated by Shanghai Metals Market, social inventories of primary aluminium across eight consumption areas in China, including SHFE warrants, came in at 1.488 million tonnes as of Thursday, 5 March 2020, an increase of 103,000 tonnes from February 27. Aluminium inventories increased this week, as...
Chinese A00 aluminium ingot price grows by RMB50/t, and so the price of aluminium alloys (A356)
According to Shanghai Metals Market, the A00 aluminium ingot price has recorded a hike of RMB 50 per tonne on Thursday, March 5, followed a significant decline of RMB 130 per tonne to RMB 13,010 per tonne. The ingot price today stands at RMB 13,060 per tonne, down by RMB 330 per tonne week-on-week....
A00 aluminium ingot price plunges by RMB 130/t; Aluminium Alloy (A356) stands at RMB13750/t
A00 aluminium ingot price registered a drop of RMB 130 per tonne or 0.99 per cent from Tuesday’s price of RMB 13140 per tonne. The price now stood at RMB 13010 per tonne and is expected to move within a range of RMB 12990-13030 per tonne. Spot aluminium contract is likely to be traded at a discount...
Hindalco raises its aluminium ingots price by 1.82% with effect from Tuesday
Hindalco Industries Ltd has hiked the prices of aluminium ingots by 1.82% on Tuesday, after cutting it by 1.26% on Friday. With effect from March 3, the aluminium ingot price stands at INR 139,750 per tonne, from INR 137,250 per tonne on February 28. The prices of wire rods and billets have climbed...
A00 aluminium ingot price records a growth of RMB90/t after three consecutive declines on continued inventory rise
After the three consecutive declines to RMB 13,050 per tonne, as of March 2, the A00 aluminium ingot price has recorded a rise of RMB 90 per tonne on 3 rd of March to come in at RMB 13,140 per tonne, found Shanghai Metals Market. The average prices are expected to range between RMB 13,120 per tonne...
Alumina price in China edges higher by RMB9/t; A00 aluminium price stands at RMB13050/t
As updated by Shanghai Metals Market, average spot alumina price in China has increased from RMB 2565 per tonne on February 28 to RMB 2574 per tonne on March 2. This marks an increase of RMB 9 per tonne or 0.35 per cent on Friday. The prices of alumina in East, Central, and North China markets have...
Alumina spot price in China recorded growth of RMB49/t this week; A00 aluminium ingot price declined by RMB240/t
As the week comes to an end, let’s look back at the status of Chinese aluminium and input costs recorded throughout the week. The average alumina spot price during February 24-28 recorded interrupted growth of RMB 49 per tonne ranging between RMB 2,516 per tonne and RMB 2,565 per tonne, showed...
Hindalco drops its aluminium ingots price by 1.26% with effect from February 28
Hindalco Industries Ltd has reduced the prices of aluminium ingots by 1.26% on Friday, 28 February 2020, after raising it by 1.09% on Wednesday. With effect from February 28, the aluminium ingot price now stands at INR 137,250 per tonne, from INR 139,000 per tonne on February 26. The company has...
