LME aluminium prices edged lower on September 4 compared with the previous trading day, while aluminium stocks also declined marginally. The most notable movement was in cancelled warrants, which fell by more than 38 per cent day on day. On September 4, the LME aluminium cash bid price stood at USD...
The London Metal Exchange (LME) aluminium price faltered across the pricing and contract segments on the September 2 close. The trend reflected a contrast of the surge reported in the September 1 session . The LME aluminium cash bid pulled back by 0.18 per cent day-on-day on September 2, down to...
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According to the Shanghai Metals Market, social inventories of primary aluminium across eight major Chinese consumption areas, including SHFE warrants, have gained 4,000 tonnes over the week ended Thursday, September 1, to reach 683,000 tonnes. From Monday, August 29, the inventories are up by...
Social inventories of aluminium ingot across eight major Chinese consumption areas, including SHFE warrants, grew by 3,000 tonnes over the weekend to stand at 682,000 tonnes as of Monday, August 29, found the Shanghai Metals Market. But week-on-week, the inventories stood 1,000 tonnes lower than...
According to the Shanghai Metals Market, primary aluminium inventories in China witnessed a decrease of 1,000 tonnes week-on-week across eight major consumption areas, including SHFE warrants. Therefore, on Thursday, August 25, the inventories totalled 679,000 tonnes, which in comparison with the...
On Thursday, August 25, China’s aluminium billet inventories increased by 3,900 tonnes W-o-W across four major consumption areas to settle at 120,200 tonnes. Except in Foshan, where the inventory dropped after the period of centralised shipments ended. Overall, the power restriction in Sichuan...
Social inventories of primary aluminium in China have witnessed a slight rise of 3,000 tonnes over the weekend across eight major consumption areas, including SHFE warrants. Shanghai Metals Market data shows the inventories have totalled 683,000 tonnes as of August 22, compared to 680,000 tonnes on...
On Thursday, August 18, the aluminium billet inventories in China dropped by 5,200 tonnes W-o-W to settle at 116,300 tonnes, from 121,500 tonnes recorded last week. The inventory has increased in three major consumption areas and has decreased in two regions. The billets inventory stopped rising...
In May 2022, the United States domestic primary aluminium production stood at 84,000 tonnes, reflecting a month-on-month increase of 2,000 tonnes or 2.44 per cent, found the US Census Bureau data. On a year-on-year calculation, the output in May 2022 edged 12 per cent or 9,000 tonnes higher than...
According to the Shanghai Metals Market, China’s social inventories of primary aluminium ingot across eight major consumption areas, including SHFE warrants, accumulated 5,000 tonnes over the weekend to stand at 698,000 tonnes as of Monday, August 15. But compared to the same period last year, the...
On Monday, August 8, China’s social inventories of primary aluminium recorded a W-o-W hike yet again for three weeks in a row since July 25, 2022. According to the Shanghai Metals Market, inventories across eight major consumption areas, including SHFE warrants, totalled 687,000 tonnes witnessing...
On Thursday, August 4, China's aluminium billets inventory increased by 8,800 tonnes W-o-W to close at 116,400 tonnes, from 107,600 tonnes recorded last week. Since upstream output remained steady primarily, the supply doesn't appear to be decreasing. The stockpile of aluminium billets will most...
China’s social inventories of primary aluminium continued to increase by 7,000 tonnes week-on-week as of Monday, August 1, found the Shanghai Metals Market. The inventories grew across eight major consumption areas, including SHFE warrants, to clock at 678,000 tonnes. However, compared to the same...
According to the Shanghai Metals Market, primary aluminium inventories in China witnessed an augmentation of 3,000 tonnes week-on-week across eight major consumption areas, including SHFE warrants. Therefore, on Thursday, July 28, the inventories totalled 671,000 tonnes, which in comparison with...
On Thursday, July 28, the aluminium billet inventory heightened by 12,200 tonnes from 95,400 tonnes recorded last week. The inventory as of Thursday, July 28, closed at 107,600 tonnes. As per the SMM data, the inventories in Foshan and Huzhou witnessed growth, whereas, on the other hand,...
According to the latest data found by the US Geological Survey, the United States produced 82,000 tonnes of primary aluminium in April 2022, which was down by 2,000 tonnes from the output in March. But on a year-on-year basis, the output recorded a surge of 10,000 tonnes or 13.9 per cent from...
According to the Shanghai Metals Market, social inventories of primary aluminium gained 3,000 tonnes over the weekend across eight major consumption areas, including SHFE warrants. After several consecutive weeks of fall, primary aluminium inventories built-up to stand at 671,000 tonnes, but...
According to the Shanghai Metals Market, primary aluminium inventories in China witnessed a steep downfall of 29,000 tonnes week-on-week across eight major consumption areas, including SHFE warrants. Therefore, on Thursday, July 21, the inventories totalled 668,000 tonnes, which in comparison with...
On Thursday, July 21, the aluminium billet inventories in China dropped by 3,100 tonnes W-o-W to close at 95,400 tonnes, from 98,500 tonnes a week ago. Except for Foshan and Huzhou, all major markets saw a decrease in inventories, partially attributable to fewer exports from smelters in northwest...
According to the Shanghai Metals Market, primary aluminium inventories continued to decrease over the weekend ended July 18 by 15,000 tonnes across eight major consumption areas in China, including SHFE warrants. As per the data, inventories came in at 682,000 tonnes as of July 18, compared to...
