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 data showed primary aluminium inventories in China lost 23,000 tonnes across eight major consumption areas, including SHFE areas, to stand at 1.23 million tonnes as of April 8, 2021. Last week on April 1, the inventories stood at 1.251 tonnes across China, climbing by 8,000...
The London Metal Exchange was closed on Friday and Monday for Good Friday and Easter Monday. On Thursday, 1 April, Three-month LME aluminium settled 0.79 per cent higher at US$ 2,230 per tonne. As of Thursday, April 1, both LME aluminium cash (bid) price and LME official settlement price remained...
According to the Shanghai Metals Market, social inventories of primary aluminium rose 8,000 tonnes across eight major consumption areas in China, including SHFE warrants, to come in at 1.251 million tonnes as of Thursday, April 1. Last week, on March 25, inventories stood at 1.243 million tonnes...
According to Shanghai Metals Market, stocks of aluminium billet across five major consumption areas in China drooped by 4,300 tonnes from a week ago to 193,800 tonnes as of Thursday April 1. Aluminium billet shipments increased by 200 tonnes on the week to 66,000 tonnes. The chart below indicates...
The first month of 2021 (January) saw a month-on-month rise in the United States primary aluminium production, although marginal, found the latest data of the US Geological Survey. From 77,000 tonnes in December 2020, the US domestic primary aluminium output rose 1,000 tonnes to stand at 78,000...
China is reportedly mulling to sell nearly 500,000 tonnes of aluminium from state reserves, in an attempt to calm the market and meet the Asian nation’s carbon emissions objectives, according to a person familiar with the plan. Selling off some of the highly carbon-intensive aluminium stocks is...
As updated by Shanghai Metals Market, social inventories of primary aluminium across eight consumption areas in China, including SHFE warrants, reduced by 7,000 tonnes from last week. The stocks came in at 1.24 million tonnes as of Thursday, March 25 2021. The chart below shows the status of the...
Shanghai Metals Market data showed on Thursday, March 25, that aluminium billet inventories in China decreased by 34,700 tonnes from a week ago across five major consumption areas, including SHFE warrants, to come in at 198,200 tonnes. Lower aluminium prices in the previous two days led to...
Three-month LME aluminium rose 0.36 per cent to close at US$ 2,256 per tonne on Thursday. It is expected to trade between US$ 2,230-2,260 per tonne today. LME aluminium cash (bid) price and LME official settlement price decreased by US$ 12.50 per tonne on Thursday, March 25, to stand at US$ 2208...
Three-month LME aluminium rose 2.82 per cent to close at US$ 2,277.50 per tonne on Friday. It is expected to fluctuate between US$ 2,190-2,220 per tonne today. LME aluminium stocks increased nearly 70,000 tonnes to 1.97 million tonnes. The contract is expected to fluctuate at US$ 2,200-2,270 per...
According to Shanghai Metals Market, stocks of aluminium billet across five major consumption areas in China reduced by 3,900 tonnes from a week ago. The inventories came in at 232,900 tonnes as of Thursday March 18. The chart below indicates the current status of aluminium billet inventories...
According to the Shanghai Metals Market, social inventories of primary aluminium have further expanded by 22,000 tonnes across eight major consumption areas in China, including SHFE warrants. Thus, the stocks this week, as of March 18, have come in at 1.25 million tonnes, compared to 1.23 million...
According to Shanghai Metals Market, stocks of aluminium billet across five major consumption areas in China declined for the first time after the Chinese New Year. Inventories of aluminium billet decreased 9,500 tonnes from a week ago to 236,800 tonnes as of Thursday March 11. The chart below...
According to the Shanghai Metals Market, China’s primary aluminium ingot inventories have increased by 55,000 this week across eight major consumption areas, including SHFE warrants. Data shows the stocks have come in at 1.23 million tonnes on March 11 compared to 1.17 million tonnes on March 4....
Benchmark aluminium price on London Metal Exchange slightly up by 0.4 per cent to US$ 2149.5 per tonne on Wednesday, March 10, from US$ 2141 per tonne on Tuesday. As of Wednesday, March 10, LME aluminium cash (bid) price stands at US$ 2149.50 per tonne, LME official settlement price stands at...
According to the Shanghai Metals Market, China’s primary aluminium production stood at 3.02 million tonnes in February 2021, reflecting a downfall of 9.04 per cent from 3.32 million tonnes in January 2021. However, on a year-on-year calculation, the output improved by 5.23 per cent from 2.87...
The United States domestic primary aluminium production stood at 77,000 tonnes in December 2020, up by 3,000 tonnes or 4.05 per cent from 74,000 tonnes in November, showed the recent data released by the United States Geological Survey. With this, the total aluminium production in 2020 came in at...
SMM aluminium ingot price saw mixed performance this week. The price declined by RMB 220 per tonne and RMB 150 per tonne to stand at RMB 17050 per tonne and RMB 16900 per tonne on Monday,1 March and Tuesday, 2 March. The price on Thursday stood higher by RMB 150 per tonne to RMB 17580 per tonne,...
