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,...
Macro perspective: Fed Chairman Warsh delivered a hawkish speech at the Jackson Hole symposium, lifting market expectations for a September rate hike to around 60 per cent, while the US dollar consolidated amid fluctuations, unsettling the nonferrous metals sector. The Fed's latest Beige Book...
Grow with
AL Circle
According to the Shanghai Metals Market (SMM) survey, China produced 3.562 million tonnes of primary aluminium in December (31 calendar days) 2023. That was an annual increase of 3.6 per cent, leading to a cumulative output of 41.513 million tonnes in the entire year. Production analysis The daily...
On Friday, January 19, China’s A00 aluminium ingot price descended by RMB 60 per tonne to settle at RMB 18,830 per tonne, with the average prices standing between RMB 18,810 per tonne and RMB 18,850 per tonne. The spot contract price may be traded at a premium price of RMB 50 to RMB 90 per tonne....
In the versatile realm of aluminium magnificence, Bharat Metals stands as a paragon of excellence, its roots deeply embedded in the soils of Uttar Pradesh, India. This avant-garde company has sculpted its identity through an unwavering commitment to quality, relentless pursuit of innovation, and an...
The SMM A00 aluminium ingot price graph has marked declining aluminium prices after recording a high rate of RMB 19,480 per tonne on January 2, at the beginning of the year. Since then, the aluminium price has been slowly dampening, finally stopping at RMB 18,890 per tonne on January 18, today,...
On January, Wednesday 17, China’s A00 aluminium ingot price hiked by RMB 60 per tonne to close at RMB 19,000 per tonne, with the average prices standing between RMB 18,980 per tonne and RMB 19,020 per tonne. The spot contract price may be traded at a premium price of RMB 80 per tonne to RMB 120 per...
On Monday, January 15, China’s A00 aluminium ingot price opened the week with a fall of RMB 110 per tonne to settle at RMB 19,020 per tonne. As per the data, a decline of RMB 140 per tonne was witnessed W-o-W from RMB 19,160 per tonne recorded on January 8 . As of today, the spot contract price is...
On Thursday, January 11, China’s A00 aluminium ingot price dropped by RMB 110 per tonne to halt at RMB 19,100 per tonne, with the spot contract price expected to be traded at a premium price of RMB 0 to RMB 40 per tonne. The average prices may stand between RMB 19,080 per tonne and RMB 19,120 per...
According to the Shanghai Metals Market data, China’s aluminium production in the last month of 2023 (31 days) registered a month-on-month increase of 2.12 per cent and a year-on-year rise of 3.6 per cent to reach 3.562 million tonnes. However, the average daily domestic output dropped by 1,400...
On Monday, January 8, China's A00 aluminium ingot price has lost RMB 140 per tonne to settle at RMB 19,160 per tonne, with the spot contract price expected to be traded at a discount price of RMB 20 to a premium price of RMB 20 per tonne. The average prices are expected to be traded between RMB...
According to SMM, the average alumina spot price in China has soared by RMB 35 per tonne to close at RMB 3,292 per tonne, while the alumina price in Shandong, Henan, Shanxi and Guizhou have all escalated by RMB 30 per tonne to officially settle at RMB 3,155 per tonne, RMB 3,330 per tonne, RMB 3,345...
China’s alumina spot price has levitated by RMB 56 per tonne to clock at RMB 3,210 per tonne, whereas the alumina price in Guizhou has gained RMB 85 per tonne to close at RMB 3,200 per tonne. In Henan and Guangxi, the alumina spot prices have jumped up the graph by RMB 70 per tonne, stopping at RMB...
China’s average alumina spot price has continued to grow over the New Year weekend to kickstart 2024 at RMB 3,154 per tonne on Tuesday, January 2. According to the Shanghai Metals Market, the price has surged by RMB 35 per tonne since Friday, marking a week-on-week hike of RMB 128 per tonne from...
Today, on December 28, the SMM A00 aluminium ingot price has skyrocketed by RMB 290 per tonne to officially close at RMB 19,570 per tonne. The average prices have ranged between RMB 19,550 per tonne and RMB 19,590 per tonne. The SMM aluminium price graph has shown upscale movement after the last...
Implemented by Jiaxing Jinmao Aluminum Industry, with a total investment of around RMB 390 million, the second phase of the production line of Guangyuan’s recycled aluminium project is expected to start construction by 2024. Situated in the Zhuangzi Industrial Park, inside the Qingchuan Economic...
According to the Shanghai Metals Market survey, China's average alumina spot price has hiked by RMB 8 per tonne over the weekend to stand at RMB 3,012 per tonne. That marked a rise for the second consecutive day, driven by rising purchase for future use when smelters resume production. In Henan and...
On Friday, December 22, China's average alumina spot price increased by RMB 6 per tonne after remaining unchanged since December 19. As per the data, the alumina price as of today has clocked at RMB 3,004 per tonne, followed by a growth of RMB 10 per tonne in Shandong and Shanxi to close at RMB...
On Wednesday, December 20, the A00 aluminium ingot price in China has grown by RMB 40 per tonne to clock at RMB 18,980 per tonne, with average prices between RMB 18,960 per tonne and RMB 19,000 per tonne. The spot contract price may be traded at a discount price of RMB 10 per tonne to a premium...
Sas Aluminum Metal San. Tic. Inc. is a leading supplier of top-quality Aluminium Ingot, Pyramid Cone, and Hemisphere. The company has become a go-to source for raw material needs of industrial organizations in a wide range of sectors in Turkey and beyond. AL Biz feels euphoric to announce the...
