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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Shanghai Metals Market found a week-on-week decline of 41,000 tonnes in primary aluminium ingot inventories to stand at 1.02 million tonnes as of Thursday, May 20. Stocks fell across eight major consumption areas in China except for Chongqing as the last two consecutive days of decrease in A00...
Three-month LME aluminium fell 1.48 per cent to close at US$ 2,429.50 per tonne on Wednesday, May 19. It is expected that the contract will trade between US $2,350-2,450 per tonne today. LME aluminium cash (bid) price and LME official settlement price plunged by US$ 65.50 per tonne after the last...
As updated by Shanghai Metals Market, social inventories of primary aluminium across eight consumption areas in China, including SHFE warrants, reduced by 54,000 tonnes from the week before to 1.06 million tonnes as of Thursday, 13 May 2021. The chart below shows the status of the primary aluminium...
Aluminium billet inventories in China decreased this week, ending on May 13, following a slight rise last week. According to the Shanghai Metals Market data, 6063 aluminium billet stocks shrank by 33,900 tonnes across the five major Chinese consumption areas to come in at 105,200 tonnes. SMM...
According to the Shanghai Metals Market, 6063 aluminium billet inventories in China have increased by 9 per cent or 5,100 tonnes after eight consecutive weeks of decline. On May 6, 2021, aluminium billet inventories are standing at 139,100 tonnes compared to 134,000 tonnes last week on April 29....
As updated by Shanghai Metals Market, social inventories of primary aluminium across eight consumption areas in China, including SHFE warrants, remained unchanged from last Thursday to 1.12 million tonnes as of Thursday, 06 May 2021. The chart below shows the status of the primary aluminium...
Three-month LME aluminium rose 0.56% to close at US$2,413.5 per tonne on Thursday. Aluminium stocks increased 56,350 tonnes and Klang inventory grew 61,150 tonnes, and the upward pressure appeared, SMM reported. The contract is likely to trade between US$2,400-2,430 per tonne today. As of Thursday...
According to the Shanghai Metals Market, 6063 aluminium billet inventories in China have decreased by 28,700 tonnes week-on-week across the five major consumption areas as of Thursday, April 29. SMM data shows the billet stocks have totalled 134,000 tonnes today compared to 162,800 tonnes last...
As updated by Shanghai Metals Market, social inventories of primary aluminium across eight consumption areas in China, including SHFE warrants, continued to decline this week. The stocks dropped by 25,000 tonnes from last Thursday to 1.12 million tonnes as of Thursday, 29 April 2021. The chart...
Three-month LME aluminium climbed 1.48 per cent to settle at US$ 2,404 per tonne on Monday, and is expected to move between US$ 2,390-2,410 per tonne today. LME aluminium cash (bid) price and LME official settlement price gained US$ 14.50 per tonne to stand at US$ 2,388 per tonne on Monday, April...
Three-month LME aluminium settled 0.3 per cent lower at US$ 2,358.50 per tonne on Thursday, April 22, and is expected to move between US$ 2,340-2,390 per tonne today. LME aluminium cash (bid) price and LME official settlement price increased by US$ 29 per tonne to stand at US$ 2,373.50 per tonne on...
According to the latest report from the US Geological Survey, US domestic primary aluminium production stood at 69,000 tonnes in February 2021. The average daily output came in at 2,470 tonnes, slightly down from January 2021 and 18% less from February 2020. Total aluminium recovered from scrap was...
Aluminium billet inventories in China have decreased relatively slower this week on April 22 by 2,500 tonnes or 1.5 per cent from the previous week, found the Shanghai Metals Market. Data shows the inventories across the five major Chinese consumption areas have come in at 162,800 tonnes. Last week...
As updated by Shanghai Metals Market, social inventories of primary aluminium across eight consumption areas in China, including SHFE warrants, declined this week by 43,000 tonnes from last Thursday. The stocks stood at 1.14 million tonnes as of Thursday, 22 April 2021. The chart below shows the...
According to the Shanghai Metals Market, primary aluminium inventories in China extended decline this week by 45,000 tonnes across eight major consumption areas, including SHFE warrants, as of Thursday, April 15. Data showed the stocks stood at 1.18 million tonnes on April 15 in comparison with...
According to the Shanghai Metals Market, aluminium billet inventories in China have shrunk by 15,800 tonnes week-on-week across five major consumption areas to stand at 165,200 tonnes as of April 15, 2021. This marks the sixth consecutive week of decline since March 11, 2021. On last Thursday,...
According to the recent data revealed by the Shanghai Metals Market, China’s primary aluminium production improved 10.2 per cent year-on-year to 3.35 million tonnes in March 2021 (31 production days). However, on a month-on-month basis, the production stood 10.93 per cent down from 3.02 million...
According to Shanghai Metals Market, stocks of aluminium billet across five major consumption areas in China declined by 12,800 tonnes from a week ago to 181,000 tonnes as of Thursday April 8. Aluminium billet outbound quantity decreased by 9,200 tonnes on the week to 56,800 tonnes last week. The...
