LME aluminium price rises to $3,310/t: Can EGA and Alba repairs bring back 2025 levels?
The London Metal Exchange (LME) aluminium price reported improvements across the pricing and contract segments on the September 7 close, recovering from the downward trend reported at the September 4 session . As the repair and operations stabilise at the facilities of Emirates Global Aluminium...
LME aluminium offer price slips to $3,292.5/t as lower exchange stocks point to tighter availability
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...
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Chinese primary aluminium inventories rise on new stocks arrivals in Guangdong
According to Shanghai Metals Market, social inventories of primary aluminium across eight major consumption areas in China, including SHFE warrants, rose 1,000 tonnes over the weekend ended on March 18 to come in at 1.755 million tonnes. New arrivals of stocks in Guangdong in the amount of 13,000...
A00 aluminium ingot price declines on inventory gain; alumina price records a drop too
As the primary aluminium inventories have gained over the week ended on March 14 across China, the A00 aluminium ingot price has recorded a drop today, on March 15, by RMB 30 per tonne to RMB 13,800 per tonne, found Shanghai Metals Market. The average prices are expected to range between RMB 13,780...
Aluminium billet inventory drops on higher consumption; Aluminium alloy (A356) price up RMB50/t
Stocks of 6063 aluminium billet across five major consumption areas in China declined 6,500 tonnes from a week ago to stand at 144,500 tonne as of Thursday March 14, Shanghai Metals Market data showed. Higher consumption and limited arrivals accounted for the decrease in aluminium billet stocks....
Chinese primary aluminium inventory gains 5,000 tonnes on week
As updated by Shanghai Metals Market, social inventories of primary aluminium across eight consumption areas in China, including SHFE warrants, came in at 1.75 million tonnes as of Thursday March 14. Stocks increased 5,000 tonnes from Thursday March 7. In Guangdong province, a buildup of stocks...
Chinese primary aluminium inventories drop over the weekend on active purchases by downstream consumers
According to Shanghai Metals Market, social inventories of primary aluminium across eight major consumption areas in China, including SHFE warrants, dropped 9,000 tonnes over the weekend and came in at 1.74 million tonnes, as on Monday, March 11. This marks the first decline after the Chinese New...
Chinese primary aluminium inventories slowed further as consumption recovered
Social inventories of primary aluminium across eight consumption areas in China, including SHFE warrants, stood 1.749 million tonnes as of Thursday March 7, up some 5,000 tonnes from Thursday February 28, Shanghai Metals Market data showed. Inventories declined about 6,000 tonnes from Monday March...
6063 aluminium billet stocks increase marginally over the week: SMM
According to Shanghai Metals Market, 6063 aluminium billet stocks across five major consumption areas in China increased this week with varying consumptions in markets. Over the week ended on March 7, inventories gained 4,300 tonnes of aluminium billet to stand at 151,000 tonnes. Last week, on...
Aluminium shipment in North America up 3.5% in 2018; semi-finished shipment is also on the rise
According to the latest report from Aluminum Association, aluminium net shipments (including exports) by domestic U.S. and Canadian facilities totalled an estimated 982,481 tonnes during January 2019, an increase of 4.3 per cent over the January 2018 total of 941,657 tonnes. Shipments of aluminium...
Chinese primary aluminium inventories rise 11,000 tonnes to 1.755 million tonnes
Social inventories of primary aluminium across eight consumption areas in China, including SHFE warrants, stood at 1.755 million tonnes as of Monday March 4, an increase of 11,000 tonnes from Thursday February 28, Shanghai Metals Market data showed. The weekend gain of 11,000 tones is smaller than...
US domestic primary aluminium production up about 18% YoY for the period from January to November 2018
According to the latest report from US Geological Survey, US domestic primary aluminium production in November 2018 was 88,000 tonnes. The average daily production in November was 2,920 tonne, 8% more than that in October 2018, 44% more than that in November 2017 and 43% more than that in November...
Chinese primary aluminium inventories extend gains on higher arrivals
Social inventories of primary aluminium across eight consumption areas in China, including SHFE warrants, increased 72,000 tonnes from Thursday February 21, Shanghai Metals Market data showed. As of Thursday February 28, social stocks of primary aluminium came in at 1.744 million tonnes. The chart...
6063 aluminium billet stocks decline W-o-W in China on fewer arrivals to warehouses
According to Shanghai Metals Market, stocks of 6063 aluminium billet across five major consumption areas further extended decline in China. SMM research found that after plunging over the week, billet stocks came in at 146,700 tonnes today, on February 28. Last week, on February 21, the inventories...
Primary aluminium inventories in China up 45,000 tonnes on higher arrivals
Social inventories of primary aluminium across eight consumption areas in China, including SHFE warrants, increased 45,000 tonnes from Thursday February 21, Shanghai Metals Market data showed. As of Monday February 25, social stocks of primary aluminium stood at 1.72 million tonnes. The chart below...
Processing charges of aluminium rod increase in China
As updated by Shanghai Metals Market, expectations of greater orders at downstream manufacturers of aluminium wire and cable drove them to stockpile aluminium rod as raw materials in the first week after the Chinese New Year break. This could be accounted for the increase in the processing charges...
Primary aluminium inventories in China gain 55,000 tonnes on lower consumption
Social inventories of primary aluminium across eight consumption areas in China, including SHFE warrants, gained 55,000 tonnes from Thursday February 14, Shanghai Metals Market data showed. As of Thursday February 21, social stocks of primary aluminium came in at 1.67 million tonnes. Consumption...
China’s aluminium billet stocks decline some 4,800 tonnes; aluminium alloys (A356) price up RMB50/t
Stocks of 6063 aluminium billet across five major consumption areas in China declined some 4,800 tonnes from Thursday February 14. Aluminium billet inventories now stood at 164,500 tonne as of Thursday February 21, Shanghai Metals Market data showed. Limited cargoes arrived at warehouses and this...
Spot aluminium trades in east China were brisk yesterday on lowered aluminium prices
Shanghai Metals Market found enthusiastic sentiment across spot aluminium traders on Tuesday morning, February 19, in east China markets, as downstream consumers returned normal production and aluminium prices declined after four consecutive days of rising. Thus, the trades were brisk. Spot deals...
Chinese primary aluminium inventories up by 33,000 tonnes over weekend
Social inventories of primary aluminium across eight consumption areas in China, including SHFE warrants, increased 33,000 tonnes from Thursday February 14, to 1.65 million tonnes as of Monday February 18, Shanghai Metals Market data showed. For the same period, stocks in Wuxi, Jiangsu and Nanhai,...
