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, China’s social inventories of primary aluminium have continued to fall on Thursday, August 5, albeit slower than the previous week. SMM found the inventories fell 26,000 tonnes week-on-week across China’s eight major consumption areas, including SHFE...
According to Shanghai Metals Market, stocks of 6063 aluminium billet across five major consumption areas in China registered a hike of 4,200 tonnes from the previous week to stand at 103,200 tonnes on Thursday, 05 August 2021. The stocks are expected to increase next week. Aluminium billet outbound...
Century Aluminum Industry has reported net sales of $528 million for the second quarter of 2021 ended on June 30, an increase of 19 per cent from $444 million driven by higher aluminum prices and increased regional premiums. On Wednesday, August 4, the company unveiled its Q2 financial and...
Three-month LME aluminium inched up 0.04 per cent to end at US$ 2,597.50 per tonne on Friday, with open interest increasing 5,575 lots to 676,000 lots, and is expected to trade between US$ 2,570-2,620 per tonne today. LME aluminium cash (bid) price and LME official settlement price soared by US$...
According to Shanghai Metals Market, stocks of 6063 aluminium billet across five major consumption areas in China dropped by 20,600 tonnes from the previous week to 99,000 tonnes on Thursday, July 29, 2021. China’s aluminium billet outbound volume rose 6,700 tonnes to 53,200 tonnes last week. The...
According to the Shanghai Metals Market, China’s social inventories of primary aluminium have continued to fall for the fourth week in a row, ending on Thursday, July 29. Extending the downfall by 51,000 tonnes week-on-week across eight consumption areas, including SHFE warrants, the inventories...
According to Shanghai Metals Market, stocks of 6063 aluminium billet across five major consumption areas in China declined by 0.9% 1,200 tonnes from the previous week to 119,600 tonnes on Thursday, July 22, 2021. Aluminium billet outbound volume fell by 1,800 tonnes to 46,500 tonnes last week. The...
Social inventories of primary aluminium in China have continued to fall this week by 23,000 tonnes across eight major consumption areas, including the SHFE warrants, found the Shanghai Metals Market. Data shows the inventories have thus come in at 809,000 tonnes as of Thursday, July 22, compared to...
According to Shanghai Metals Market, stocks of 6063 aluminium billet across five major consumption areas in China declined by 2% this week. The inventories fell by 3,000 tonnes from the previous week to 120,800 tonnes on Thursday, July 15, 2021. Aluminium billet outbound volume rose by 800 tonnes...
According to the Shanghai Metals Market, China’s primary aluminium inventories continue to fall this week by 26,000 tonnes across eight major consumption areas, including SHFE warrants. Therefore, as of Thursday, July 15, China’s primary aluminium inventories have come in at 832,000 tonnes compared...
According to the Shanghai Metals Market, aluminium billet inventories have built up 12,600 tonnes or 11 per cent this week on Thursday, July 8, to stand at 123,800 tonnes. SMM found that with the arrival of the traditional off-season, the demand and consumption of downstream aluminium fell,...
As updated by Shanghai Metals Market, social inventories of primary aluminium across eight consumption areas in China, including SHFE warrants, dropped 18,000 tonnes this week. The stocks stood at 858,000 tonnes as of Thursday, 08 July 2021. The chart below shows the status of the primary aluminium...
According to the Shanghai Metals Market, social inventories of primary aluminium gained 2,000 tonnes this week across eight major consumption areas, including SHFE warrants. Thus, the inventories came in at 876,000 tonnes as of Thursday, July 1. Last week on June 24, the inventories stood at...
According to Shanghai Metals Market, stocks of 6063 aluminium billet across five major consumption areas in China increased by 1,400 tonnes from previous week to stand at 111,200 tonnes as of Thursday, 1 July 2021. Aluminium billet outbound volume rose by 12,800 tonnes to 51,100 tonnes last week,...
According to the data released by the United States Geological Survey for April 2021, US domestic primary aluminium production stood at 72,000 tonnes – 4 per cent or 3,000 tonnes less than 75,000 tonnes produced in March 2021. On a year-on-year calculation, the output edged 21.74 per cent or 20,000...
Aluminium billet inventories in China have dropped by 3,500 tonnes week-on-week across the five major consumption areas to come in at 97,300 tonnes on Thursday, June 24. Last week on June 17, aluminium billet inventories stood at 100,700 tonnes, registering a week-on-week increase of 12,400 tonnes....
According to the Shanghai Metals Market, China’s social inventories of primary aluminium have continued to decline this week ending on Thursday, June 24. SMM data found the inventories fell 16,000 tonnes to come in at 874,000 tonnes compared to 890,000 tonnes last week on June 17. The chart below...
From Russian Ambassador’s visit to Klil in Israel to the fair possibility of trade dispute resolve between the EU & US concerning aluminium tariffs, the global downstream aluminium market has witnessed a plethora of events this week from June 14 to June 18. Russian ambassador Anatoly Viktorov...
