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 and alloy prices up across major China markets
A00 aluminium ingot price stood at RMB14010 per tonne on Thursday March 21, up RMB70 per tonne from RMB13940 per tonne yesterday. The average prices today are expected to range between RMB 13990 per tonne and RMB 14030 per tonne, with spot premium to settle at RMB 250-290 per tonne. Aluminium ingot...
A00 aluminium ingot price extends rise across China; Spot premium plunges RMB10/t
The A00 aluminium ingot price continues to grow today, on March 19, to reach RMB 13,870 per tonne, found Shanghai Metals Market. Yesterday, on March 18, the price was at RMB 13,810 per tonne, which represents that it has grown today by RMB 60 per tonne. The average prices are expected to range...
A00 aluminium ingot price increases over the weekend; expected to range RMB13790-13830/t
A00 aluminium ingot price has increased over the weekend by RMB10 per tonne to clock at RMB13810 per tonne as of Monday, 18 March 2019. The average price is expected to range between RMB13790 per tonne and RMB13830 per tonne, with spot premium to settle at RMB230 per tonne and RMB270 per tonne. In...
Alumina price in China sees marginal decline; A00 aluminium ingot price up by RMB100/t
Average spot alumina price declined further to RMB 2726 per tonne on Thursday, 14 March 2019. This was down 0.18 per cent or RMB5 per tonne from RMB2731 per tonne. The average price is expected to range within RMB2726 per tonne. The fall in alumina price can be seen in the following graph....
A00 aluminium ingot price extends its rise today while input costs remain muted
According to Shanghai Metals Market, the A00 aluminium ingot price continued to rise today to RMB 13,730 per tonne. Yesterday the price was at RMB 13,680 per tonne, which indicates that the price today grew by RMB 50 per tonne. The average prices are expected to range between RMB 13,710 per tonne...
Aluminum Association reports 4% increase in aluminium demand in North America in 2018
According to the latest report from Aluminum Association aluminium demand in the United States and Canada (shipments by domestic producers plus imports) was up 4% over the 2017 to an estimated 12.8 million tonnes in 2018. Demand for semi-fabricated (mill) products was also up 4% to 9.2 million...
A00 aluminium ingot price drops over the weekend by RMB40/t; input costs record no change
According to Shanghai Metals Market, the A00 aluminium ingot price has dropped over the weekend by RMB 40 per tonne to stand at RMB 13,610 per tonne. The average prices are expected to range between RMB 13,590 per tonne and RMB 13,630 per tonne, with spot discounts to settle at RMB 50 per tonne to...
Alumina spot price in China extends its fall, but A00 aluminium ingot price rises
According to Shanghai Metals Market, the alumina spot price further extends its decline today to stand at RMB 2,731 per tonne. Compared with the downfall by RMB 14 per tonne yesterday, today the alumina spot price has shown a slower decline by RMB 7 per tonne. Since the beginning of the month, the...
Further decline of alumina spot price pulls down A00 aluminium ingot price across China
After remaining restraint last day at RMB 2,749 per tonne, the alumina spot price again plunged today, on March 7, by RMB 14 per tonne to stand at RMB 2,735 per tonne, found Shanghai Metals Market. This is the third fall of alumina spot price this month, hinting a continued downward trend. The...
Aluminium ingot prices record change in northern Chinese markets; average ingot price shows restraint
Today, on March 6, the aluminium price as well its raw materials’ on Shanghai Metals Exchange seem to have decided to mark the day with no movements, neither upward nor downward. To start with, the A00 aluminium ingot price is found to continue at RMB 13,700 per tonne, since when it jumped from...
Chinese A00 aluminium ingot price grows over the weekend after two consecutive falls last week
Followed by two consecutive falls last week, the A00 aluminium ingot price is found rebounded over the weekend, showed Shanghai Metals Market on Monday, March 4, 2019. While the spot price of aluminium ingot has grown to RMB 13,630 per tonne from RMB 13,550 per tonne, the average prices are...
A00 aluminium ingot price in China shrinks RMB50/t to mark second consecutive fall
The A00 aluminium ingot price starts off the month with a decline by RMB 50 per tonne, found Shanghai Metals Market. Today, on March 1, the price has stooped down from RMB 13,600 per tonne to RMB 13,550 per tonne. The average prices are expected to range between RMB 13, 530 per tonne and RMB 13,570...
Alumina price in China registers marginal drop; ingot price declines after six days
Average spot alumina price dropped from RMB 2777 per tonne to RMB2775 per tonne on Thursday, February 28, representing a decrease of RMB2 per tonne or 0.07 per cen. The spot price is expected to range within RMB2775 per tonne. Alumina-East price decreased RMB50 per tonne or 1.77 per cent today. The...
Chinese A00 aluminium ingot price extends growth by RMB10/t on restrained input costs
According to Shanghai Metals Market, the A00 aluminium ingot price extends its growth today, February 27, yet again to stand at RMB 13,620 per tonne. Yesterday, on February 26, the ingot price was at RMB 13,610 per tonne, which indicates that today the price has risen by RMB 10 per tonne. This is...
A00 aluminium ingot price climbs higher; Aluminium alloy (A356) price up by RMB50/t
A00 aluminium ingot price continued its upward trend and stood at RMB 13610 per tonne as of Tuesday, February 26. Aluminium ingot price increased 0.15 per cent or RMB20 per tonne today. The average price is expected to range between RMB13590 per tonne and RMB13630 per tonne, with spot discounts to...
Bauxite price in Guangxi drop by RMB 30/t; Prebaked Anode prices decline in major markets
As on February 25 2019, as reported by Shanghai Metals Market; average Bauxite (6.5≤Al/Si＜7.5) price in Guangxi dropped RMB 30 per tonne to RMB 270 per tonne. The average price is expected to stay within a range of RMB 220-RMB 320 per tonne. The average Bauxite (5.5≤Al/Si＜6.5) price also declined...
Chinese A00 aluminium ingot price rises to the highest in 2019 so far; input costs remain muted
As most downstream consumers returned from CNY break and took active participation in trading in the spot aluminium market yesterday, the A00 aluminium ingot price once again extends its growth by RMB 80 per tonne to RMB 13,510 per tonne, found Shanghai Metals Market. This marks the third...
Chinese A00 aluminium ingot price continues to grow while input costs decide to show restraint
According to Shanghai Metals Market, the A00 aluminium ingot price records a rise yet again on February 21, 2019, Shanghai Metals Market found. From RMB 13,390 per tonne, as of February 20, the price today has increased by RMB 40 per tonne to RMB 13,430 per tonne. With this rise today, the A00...
