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...
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On Friday, July 14, A00 aluminium ingot price in China has expanded by RMB 70 per tonne to score at RMB 18,510 per tonne. The average prices are expected to orbit between RMB 18,490 per tonne and RMB 18,530 per tonne, with the spot contract price expected to be traded at a discount price of RMB 110...
According to the Shanghai Metal Market, today, on July 13, China’s aluminium ingot price has skyrocketed by RMB 210 per tonne to officially settle at RMB 18,440 per tonne, with average prices ranging between RMB 18,420 per tonne and RMB 18,460 per tonne. At the beginning of July, China’s aluminium...
On Wednesday, July 12, the average alumina spot price in China has grown by RMB 2 per tonne to close at RMB 2,827 per tonne. On M-o-M calculation, the alumina price has fallen by RMB 6 per tonne from RMB 2,833 per tonne recorded on June 12. As of today, the price in Shanxi has grown by RMB 10 per...
According to the Shanghai Metals Market survey on Monday, July 10, A00 aluminium ingot price has begun the week with an increase of RMB 60 per tonne after four consecutive days of fall since last Tuesday, July 4. As per the data, the aluminium ingot price has pegged at RMB 18,270 per tonne versus...
On Thursday, July 6, A00 aluminium ingot price in China has dropped by RMB 40 per tonne to close at RMB 18,280 per tonne. The average prices are expected to range between RMB 18,260 per tonne and RMB 18,300 per tonne, and the spot prices may be traded at a discount price of RMB 20 per tonne to a...
A00 aluminium ingot price in China has plummeted by RMB 220 per tonne to settle at RMB 18,320 per tonne on Wednesday, July 5, found the Shanghai Metals Market. The drastic fall has lowered the price week-on-week by RMB 250 per tonne and month-on-month by RMB 90 per tonne. Today, the average prices...
On Tuesday, June 4, A00 aluminium ingot price in China has dropped by RMB 10 per tonne to halt at RMB 18,540 per tonne, as heavy rainfall in the Yunnan region has resulted in a drop in production. The spot contract price is expected to be traded at a premium price of RMB 150 and RMB 190 per tonne....
Aluminium prices offered by Vedanta and Hindalco have shown a fluctuating trend this week from June 26-30. Vedanta aluminium ingot price started the week on Tuesday, June 27, at INR 203,000-227,000 tonnes, reflecting a drop of about 0.80 per cent from INR 204,750-228,750 per tonne on June 24. The...
On Friday, June 30, China’s A00 aluminium ingot price closed the week with a fall of RMB 10 per tonne to close at RMB 18,540 per tonne, with the spot contract price expected to be traded at a premium price of RMB 250 per tonne to RMB 290 per tonne. The average prices are expected to orbit between...
According to Shanghai Metal Market, the aluminium spot price in China has gone up the graph by RMB 70 per tonne, officially closing at RMB 18,570 per tonne today, June 28. The average aluminium price trends are between RMB 18,550 per tonne and RMB 18,590 per tonne. Aluminium prices rose by 1.41% to...
On Monday, June 26, the A00 aluminium ingot price in China opened the week after the Dragon Boat Festival with a downfall of RMB 360 per tonne or 1.91 per cent to peg at RMB 18,470 per tonne. However, on M-o-M calculation , a surge of RMB 310 per tonne was recorded from RMB 18,160 per tonne on May...
Aluminium Stewardship Initiative has presented Performance Standard V2 (2017) Certification to Aluphoenix srl for its remelting and casting facility in Riese Pio X, Italy. The facility has an annual production capacity of around 50,000 tonnes of aluminium ingots destined for transportation....
Aluminium Steward Initiative has acknowledged seven facilities of Yunnan Aluminium Co., Ltd. with Performance Standard V3 (2022) and Chain of Custody Standard certifications. All of them are located across six prefectures of Yunnan, China. Yunnan Aluminium has vertically integrated operations...
The data revealed by Iranian Mines and Mining Industries Development and Renovation Organization (IMIDRO) indicates a 2 per cent year-on-year decline in Iran’s aluminium ingot production during the first two months of the calendar year 1402 (March 21-May 21). The output dropped from 114,850 tonnes...
One of the fastest growing aluminium extrusion companies in West Bengal, Kolkata, La Reliant Aluminium Pvt. Ltd was founded in 2009, with commercial production set in motion in 2011. The firm has almost a decade of expertise in delivering the highest quality aluminium profiles for houses, offices,...
As per the aluminium price index displayed in the Shanghai Metal Market, the aluminium spot price has experienced an RMB 40 per tonne loss, officially stopping at RMB 18,780 per tonne today, June 19. The average aluminium price trends are between RMB 18,760 per tonne and RMB 18,800 per tonne....
According to the Shanghai Metals Market, the average alumina spot price in China has dwindled for the fifth day in a row by RMB 9 per tonne to close the week at RMB 2,814 per tonne on Friday, June 16. After declining throughout the week, the alumina spot price records a W-o-W fall of 1.02 per cent...
On Wednesday, June 14, China’s A00 aluminium ingot price has expanded by RMB 180 per tonne to settle at RMB 18,580 per tonne. As the balance sheets of the companies are showing improvement due to economic recovery in China, companies are showing interest in purchasing aluminium stocks. Also, with...
