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...
Grow with
AL Circle
China’s domestic aluminium billet inventory heightened by 22,700 tonnes or 21.45 percent W-o-W to stop at 128,600 tonnes, as of May 5, 2022. Because of the pandemic's ongoing interruption of consumption, downstream purchasers have become increasingly cautious. However, when aluminium prices fall...
China’s aluminium billet inventory had fallen by 9.88 per cent W-o-W to settle at105,900 tonnes as of Thursday, April 28. The epidemic hampered transportation and downstream purchases in east China. Overall due to downstream restocking, social inventories are likely to fall more after the vacation....
In February 2022, domestic primary aluminium production in the United States was at 75,000 tonnes, reflecting a downfall of 7,000 tonnes or 8.54 per cent month-on-month, following an increase in the previous month. In January 2022, the output grew by 3,000 tonnes or 3.8 per cent from 79,000 tonnes...
According to the Shanghai Metals Market, primary aluminium inventories in China have decreased this week by 34,000 tonnes or 11 per cent across eight major consumption areas, including SHFE warrants. Thus, compared to 1.02 million tonnes last Thursday, April 21, primary aluminium inventories have...
LME aluminium opened at US$3,087per tonne on Tuesday and closed at US$3,080 per tonne, down US$2 per tonne or 0.06 per cent. On 26 th April, the LME aluminium cash bid price stood at US$3,102 per tonne, increasing by 0.42 per cent or US$13 per tonne. LME aluminium official settlement price halted...
On Thursday, April 21, China’s aluminium billet inventories plunged by 11.37 percent W-o-W to stop at 119,100 tonnes. East China's transportation efficiency is unlikely to increase considerably in the near future, keeping stocks relatively steady. The peak season in south China drove destocking. As...
According to the Shanghai Metals Market, social inventories of primary aluminium in China continued to record week-on-week fall since the last drop of 3,000 tonnes on the previous Thursday, April 14. But compared to the prior week, the inventories fell extensively this Thursday by 42,000 tonnes...
LME aluminium opened at US$3,269 per tonne on Thursday and closed at US$3,302.5 per tonne, an increase of US$39.5 per tonne or 1.21 per cent. On 21 st April, LME aluminium cash bid price stood at US$3,261 per tonne and LME aluminium official settlement price halted at US$3,262. The former recorded...
On Thursday, April 14, China’s aluminium billet inventory declined by 8.02 percent W-o-W to halt at 146,400 tonnes. The epidemic significantly impacted both freight inflows and outflows, therefore inventories in east China did not alter substantially. The adjustments in east China's inventory will...
On Thursday, April 14, China’s social inventories of primary aluminium dipped after two weekly hikes. The Shanghai Metals Market data showed the inventories dropped by 3,000 tonnes week-on-week across eight major consumption areas, including SHFE warrants, to total 1.063 million tonnes. Last...
In March 2022, the average operating rate of Chinese aluminium plate/sheet and strip producers was 79.22 per cent, up by 1.81 percentage points from the previous month but down by 1.14 percentage points on the year. The operating rate grew in line with the increased orders during the traditional...
LME aluminium opened at US$3,392 per tonne last Friday and closed at US$3,372 per tonne, down US$28 per tonne or 0.82 per cent. Prices of commodities might be on the rise once again as East of Ukraine is still being vacated for this might just be the beginning of the end. LME aluminium cash bid...
In January 2022, the United States domestic primary aluminium production stood at 82,000 tonnes, reflecting a second monthly rise of 3,000 tonnes or 3.8 per cent, found the US Census Bureau. In December 2021, the United States primary aluminium production was 79,000 tonnes, up by 4,000 tonnes from...
According to the Shanghai Metals Market, China’s social inventories of primary aluminium have continued to grow this week by 25,000 tonnes across eight major consumption areas, including SHFE warrants. Thus, SMM data shows the inventories have come in at 1.066 million tonnes, as of Thursday, April...
China’s aluminium billet inventory has been on the decline side since Thursday, March 10. As per the latest data by SMM, on Thursday, April 7, aluminium billet inventory has augmented by 8,100 tonnes or 5.12 percent W-o-W to score at 165,600 tonnes. Because of the pandemic's impact on mainstream...
According to the Shanghai Metals Market, social inventories of primary aluminium in China totalled 1.04 million tonnes this week, as of March 31, 2022, across eight major consumption areas, including SHFE warrants. Compared to a week ago, March 24, primary aluminium inventories built up by 2,000...
On Thursday, March 31, China’s aluminium billet inventory had plunged by 7,900 tonnes or 4.67 per cent W-o-W across five major regions to total at 157,500 tonnes, found the Shanghai Metals Market. Under the effect of the pandemic, trades in the spot aluminium billet market were slow. The inventory...
The last few months has been tumultuous and yet interesting for the European Aluminium industry. The shortage of aluminium in the European market has propelled the regional prices to spike and then navigated to a fluctuating mode, which in turn has created opportunities for commodity traders to...
