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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Chinese A00 aluminium ingot price grows RMB40/t; Yunnan Aluminium to commission 100K tonnes of capacity
After an intermittent plunge yesterday from RMB 13,410 per tonne to RMB 13,350 per tonne, the A00 aluminium ingot price has once again recorded a rise today, on February 20, to RMB 13,390 per tonne. This marks a growth of RMB 40 per tonne, according to Shanghai Metals Market. But due to the fall...
Alumina price in China continues downward trend; A00 aluminium ingot price drops after four days of rise
Average spot alumina price continued their downward trend and stood at RMB 2777 per tonne today, Tuesday, February 19. This marked a drop of 0.57 per cent or RMB16 per tonne from RMB2793 per tonne on February 13. The spot price is expected to range within RMB2777 per tonne. Alumina-East and...
Chinese A00 aluminium ingot price records fourth consecutive rise to the highest this month
The A00 aluminium ingot price has once again recorded a rise today, on February 18, by RMB 70 per tonne to stand at RMB 13,410 per tonne, found Shanghai Metals Market. This marks the fourth back-to-back growth and the highest in comparison with the previous three price rise. The aluminium ingot...
Chinese A00 aluminium ingot price records third back-to-back rise; Input costs remain unchanged
According to Shanghai Metals Market, the A00 aluminium ingot price has registered a rise today, on February 15, by RMB 20 per tonne to RMB 13,340 per tonne. This marks the third back-to-back growth in ingot price since February 13. The average prices are expected to range between RMB 13,320 per...
Chinese A00 aluminium ingot price continues to grow even though input costs show restraint
According to Shanghai Metals Market, the A00 aluminium ingot has extended its price today, on February 14, to RMB 13,320 per tonne. On February 13, the price was at RMB 13,290 per tonne, which means today the aluminium ingot price has recorded rise by RMB 30 per tonne. The average prices are...
Netherlands’ aluminium smelter reopens potline one after six years
Aldel, located in Delfzijl, Netherlands, announced the reopening of potline one, which was closed for six years. Acquired by York Capital in November 2017, the smelter is in the process of a significant capital investment programme to return the plant to its original production levels. Full annual...
Chinese spot alumina price drops today after two weeks of restraint; Aluminium ingot price rises
After remaining restrained since the end of January, the alumina spot price today, on February 13, has recorded a plunge by RMB 15 per tonne to RMB 2,793 per tonne, found Shanghai Metals Market. From January 29 to February 12, the price of alumina stood at RMB 2,808 per tonnes with no intermittent...
A00 aluminium ingot price in China shows restraint except at some major markets
After a plunge yesterday from RMB 13,300 per tonne to RMB 13,270 per tonne, the A00 aluminium ingot price decides to remain unchanged today, on February 12, Shanghai Metals Market learned. The average prices are expected to range between RMB 13,250 per tonne and RMB 13,290 per tonne, with spot...
A00 aluminium ingot price slips by RMB30/t after a week-long Chinese New Year break
The Shanghai Metals Market opened today after almost a week-long Chinese New Year Holiday from February 4 to February 10 with a drop in A00 aluminium ingot price. Registering a dip by RMB 30 per tonne, the ingot price today, on February 11, stood at RMB 13,270 per tonne, according to the data found...
Lowered aluminium ingot price and increased billets stocks prompt aluminium alloy price drop
Followed by two back-to-back rises, the A00 aluminium ingot price registers a drop today, on February 1, by RMB 90 per tonne, found Shanghai Metals Market. After increasing on 30 th of January and 31 st of January, the aluminium ingot price had reached RMB 13,390 per tonne, but after a plunge today...
Bauxite price in the spot Chinese market records a drop but ingot price registers back-to-back rise
After almost two months, the spot price of bauxite recorded a change on January 28, according to Shanghai Metals Market. The bauxite price dipped by RMB 20 per tonne and stood at RMB 550 per tonne. Prior to this, the aluminium ore price was at RMB 570 per tonne from December 3, 2018, to January 27,...
Chinese pre-baked anode price shows no change on Weiqiao’s cut of its purchasing prices; Ingot price rises
According to Shanghai Metals Market, Shandong Weiqiao Group reduced its prebaked anode purchasing prices by RMB 140 per tonne for February after it cut prices for January by RMB 1300 per tonne. This brought February’s purchasing prices to RMB 3,320 per tonne in cash and RMB 3,355 per tonne on...
Chinese A00 aluminium ingot price continues to drop on growing inventories and lower transactions
In the background of growing social inventories of primary aluminium by around 31,000 tonnes over the weekend and low transactions in the spot market, the A00 aluminium ingot price has recorded a plunge today, January 29, by RMB 120 per tonne. According to Shanghai Metals Market, yesterday, on...
A00 aluminium ingot price increases further, aluminium alloy (A356) price up by RMB100/t
A00 aluminium ingot price increased further to RMB13470 per tonne on January 24, registering a growth of RMB80 per tonne from the previous day. The average prices today are expected to range between RMB 13450 per tonne and RMB 13490 per tonne, with spot discounts to settle at RMB 70-30 per tonne....
A00 aluminium ingot price in China records growth across all major markets
According to Shanghai Metals Market, the A00 aluminium ingot price has recorded a rise today, on January 23, to stand at RMB 13,390 per tonne. This marks a growth by RMB 50 per tonne from the previous day. The average prices are expected to range between RMB 13,370 per tonne and RMB 13,410 per...
Alumina price in China continues downward trend; A00 ingot price registers a drop
Average spot alumina price in China further dropped to RMB 2836 per tonne on January 22, down RMB18 per tonne from RMB 2854 per tonne as on January 21.The spot price is expected to range within RMB 2836 per tonne today. Alumina-central and alumina –east declined by RMB 20 per tonne and RMB 30 per...
A00 aluminium ingot price climbs higher; aluminium alloy price up by RMB50/t
A00 aluminium ingot price stood at RMB13410 per tonne on January 21, up RMB50 per tonne from RMB13360 per tonne as of January 18. The average prices today are expected to range between RMB 13390 per tonne and RMB 13430 per tonne, with spot discounts to settle at RMB 90-50 per tonne. Aluminium ingot...
Chinese A00 aluminium ingot price extends hike despite sluggish alumina spot price
Despite a fall in alumina spot price on January 16, the A00 aluminium ingot price continues to record a rise today, on January 17, from RMB 13,240 per tonne to RMB 13,300 per tonne, found Shanghai Metals Market. The ingot price is seen oscillating throughout this month so far. Since the beginning,...
