H1 2026 sees more renewable energy than ever: Here’s a region-by-region guide to renewable energy supply in the recent past
In the first half of 2025, humanity generated more electricity from renewables than from coal for the first time ever. What led to it? It was possible only because of two decades of falling solar panel prices, taller wind turbines, and governments finally treating clean power like an economic...
US Treasury yields rise, pressuring aluminium prices to consolidate at highs amid mixed signals
Futures: The most-traded SHFE aluminium 2610 contract closed at RMB 23,990 per tonne, down RMB 15 from yesterday's settlement price, a decline of 0.06 per cent. It opened at RMB 23,995 per tonne during the day and fluctuated within a range of RMB 23,950-24,055 per tonne. Prices traded below the MA5...
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The gradual recovery of Bangladeshi aluminium import market during 2017-20
The economy of Bangladesh is a developing market economy and it the 39 th largest in the world in nominal terms, and 29 th largest by purchasing power parity. It is classified among the Next Eleven emerging market middle income economies and a frontier market. In the first quarter of 2019,...
China’s aluminium billet inventories drop for second consecutive week
As updated by Shanghai Metals Market, inventories of aluminium billet in China continued to decline for the second consecutive week. Stocks of 6063 aluminium billet across five major consumption areas in China stood at 197,600 tonnes as of Thursday March 19, a decrease of 1,700 tonnes from March...
Coronavirus brings in collapse at Chinese aluminium prices: Alumina price declines by RMB2/t, while A00 aluminium ingot price by RMB790/t
After remaining restrained for a day, the average alumina spot price in China is back with a drop of RMB 2 per tonne to RMB 2,566 per tonne, found Shanghai Metals Market. In the east, the price has declined by RMB 10 per tonne to RMB 2,565 per tonne; while in the other parts of China, the price...
Primary aluminium production in China records 2.4% growth even amidst Coronavirus outbreak: NBS
According to the National Bureau of Statistics, aluminium production in China during January-February 2020 increased 2.4 per cent year-on-year to come in at 5.85 million tonnes. The bureau has revealed no separate production figure for January and February due to the extended holiday for...
Coronavirus outbreak continues to affect Chinese primary aluminium and aluminium alloys prices; Fall by RMB 50-100/t
According to Shanghai Metals Market, the A00 aluminium ingot price has continued to record a decline today, as on March 18. Registering a fall of RMB 80 per tonne, the price today is RMB 12,520 per tonne. The average prices are expected to range between RMB 12,500 per tonne and RMB 12,540 per...
Inventories of primary aluminium up by 38,000 tonnes over the weekend
Shanghai Metals Market found social inventories of primary aluminium ingots increased 38,000 tonnes over the weekend ended Monday, March 16, across eight major consumption areas, including SHFE warrants. The inventories stood at 1.631 million tonnes in contrast to 1.559 million tonnes on Monday,...
Aluminium billet inventories recorded fall on Thursday after three consecutive weeks of rise
According to Shanghai Metals Market report on Thursday, March 12, aluminium billet inventories fell after three consecutive weeks of increase, as the deliveries from warehouses outweighed arrivals. Data showed the stocks of 6063 aluminium billets across five major consumption areas in China shrank...
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...
China’s automobile sales in February witnessed steep decline to 310,000 units: CAAM data shows
On Thursday, March 12, the China Association of Automobile Manufacturers (CAAM) showed the automobile sales in China declined 83.9 per cent month-on-month to 310,000 units in February. Over the year, the sales stood lower by 79.1 per cent, according to the data. In January, China’s automobile sales...
China issues fourth batch of aluminium scrap quotas for 2020 allowing 100 tonnes
China’s environmental authorities on Saturday, March 7, announced the fourth batch of aluminium scrap import quotas for 2020, which would allow 100 more tonnes of high-grade aluminium scrap to China. With this quota, the total aluminium scrap import allowed for this year comes to 284,549 tonnes....
China’s unwrought aluminium and aluminium products exports dropped 25.2% YoY in two months’ time
China Customs data showed a drop in China’s exports of unwrought aluminium and aluminium products in the first two months of the year, primarily attributing to the production shut amid the outbreak of the COVID-19. The exports by China in January and February totalled at 669,000 tonnes after...
Car passenger sales in China fell 78.5% YoY in February; NEVs production tumbled 77.4% over the year
According to the China Passenger Car Association (CPCA) data, the passenger car sales fell last month due to the outbreak of the epidemic Coronavirus. The retail sales of sedans, multi-purpose vehicles (MPVS), and sport utility vehicles (SUVs) totalled at 252,308 units in February, down 85.3 per...
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...
China’s primary aluminium production shrank in February to 2.87 million tonnes: SMM
According to Shanghai Metals Market, the primary aluminium production in China shrank to 2.87 million tonnes in February, but year-on-year it was up by 6.9 per cent. Operating rates were down by 0.2 percentage point from the end of January to 89.3 per cent, as newly-commissioned projects were still...
China’s daily alumina production dropped 0.52% M-o-M in February
China in February 2020 produced 5.4 million tonnes of alumina, of which metallurgical-grade materials accounted for 5.17 million tonnes, according to Shanghai Metals Market. Daily production of metallurgical-grade alumina averaged 178,000 tonnes, 8.19 per cent lesser than February 2019 and 0.52 per...
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 aluminium billet inventories record a rise, but slower from last week
According to Shanghai Metals Market, aluminium billet inventories in China have extended their growth this week, although slower from a week ago. Increased shipments from warehouses have been the main reason behind another week of a rise in billet inventories. SMM data shows the stocks of 6063...
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....
