LME aluminium price chart rises further to $3,325/t; stocks remain stable
The London Metal Exchange (LME) aluminium price chart continues to record an upward trend across the pricing and contract segments on the September 8 trading session, reporting gains over the September 7 close . Opening stocks remained stable, not reporting any further decline. The LME aluminium...
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...
Grow with
AL Circle
China’s A00 aluminium ingot price registers a W-o-W hike of RMB520/t; Input costs expand over weekend
According to the Shanghai Metals Market survey, A00 aluminium ingot price has increased over the weekend for the fifth day in a row by RMB 130 per tonne to reach RMB 18,900 per tonne on December 18. Thus, on a week-on-week basis, China’s primary aluminium ingot price has hiked by RMB 520 per tonne...
Average cost of China’s alumina industry in Nov’23 records M-o-M plunge of RMB38.61/t
Based on data provided by Baichuan Yingfu, the average tax-inclusive total cost of China's alumina industry in November 2023 was RMB 2685.91 per tonne. This is a drop of RMB 38.61 per tonne compared to October 2023, a month-on-month decline of 1.42 per cent and a year-on-year decline of 3.80 per...
Primary aluminium recap: Alcoa desires Spanish Government’s intervention in keeping the San Ciprián smelter active
To address concerns about the San Ciprián complex, which includes an alumina refinery and an aluminium smelter, Alcoa Corporation organised a series of talks with key stakeholders. This week, officials from their Spanish operational companies will meet with representatives from national and...
China’s unwrought aluminium alloy imports in Oct’23 grow 17.5% M-o-M buoyed by outstanding orders
According to the China customs data, China’s unwrought aluminium alloy imports in October 2023 were recorded at 108,900 tonnes, up 17.5 per cent M-o-M and 9.2 per cent Y-o-Y. From January to October 2023, total imports stood at 907,800 tonnes, reflecting a 15.9 per cent fall Y-o-Y. China’s export...
US primary aluminium production drop continues till September 2023
According to the latest data from the US Geological Survey, the United States' primary aluminium production in September 2023 stood at 60,000 tonnes, marking an extended month-on-month dip of 2,000 tonnes or 3.23 per cent. In August 2023, the United States' primary aluminium output had also seen a...
SMM A00 aluminium price augments by RMB140/t today; Low-carbon aluminium earns RMB81/t
Today, the SMM aluminium price chart displays a noticeable increase of RMB 140 per tonne, with the price reaching RMB 18,770 per tonne. The average prices have circulated between RMB 18,750 per tonne and RMB 18,790 per tonne. In the Second Half of 2023, the SMM A00 aluminium ingot prices were...
LME aluminium benchmark price expands by US$54/t to US$2,137/t; SHFE price grows to US$2,649/t
LME aluminium opened at US$2151 per tonne yesterday, with its high and low at US$2220 per tonne and US$2151 per tonne, respectively, before closing at US$2210 per tonne, up US$65 per tonne or 3.03 per cent. On Thursday, December 14, both LME aluminium cash bid price and LME aluminium official...
China aluminium market overview: While the industry grapples with downward prices and demand, auto sales growth adds a silver lining
The prevailing demand deficit for primary aluminium in China continued to affect domestic prices throughout November 2023. Slow metal supply across the market due to production cuts at Yunnan, resulting in rapid inventory fall, could not cast much positive impact on prices. However, it is believed...
LME aluminium price dips lower at the year’s end with 6.19% M-o-M fall; SHFE maintains average status
LME aluminium opened at US$2122.5 per tonne yesterday, with its high and low at US$2147 per tonne and US$2109 per tonne, respectively, before closing at US$2145 per tonne, up 0.99 per cent. The LME aluminium live price chart, on December 13, witnessed a linear movement in aluminium prices, with the...
China’s A00 aluminium ingot price surges by RMB180/t to RMB18,630/t; Low carbon aluminium price hikes by RMB186/t
On Thursday, December 14, China’s A00 aluminium ingot price has hiked by RMB 180 per tonne to settle at RMB 18,630 per tonne, with the average prices standing between RMB 18,610 per tonne and RMB 18,650 per tonne. As per the SMM data, the spot contract price may be traded at a discount price of RMB...
India’s imported aluminium scrap prices witness downward trend following reduced trade activities
The Indian aluminium scrap market is now declining, owing to less trading activity and despite a sluggish buildup of scrap, particularly in the western area due to the winter season and a w-o-w fall in the aluminium LME level. As per reports, the current prices for tense scrap of Middle East origin...
Japanese aluminium premium expected to rise in later 2024 owing to firmer domestic demand
According to trading company Marubeni, the premiums paid by Japanese purchasers for aluminium are expected to stay within the range of $75-$95 per tonne during the first quarter of 2024. However, these premiums are anticipated to progressively increase after that, owing to a tighter supply in Asia...
Global aluminium market trend adversely affects India's non-ferrous metal prices on a W-o-W scale
This week, the London Metal Exchange (LME) experienced a second consecutive decline in the non-ferrous metals market. Similar to LME, the domestic Indian market also showed a downward trend. Trading activities remained moderate throughout the week. The three-month aluminium futures on the LME fell...
SMM aluminium price plummets by RMB980/t Q-o-Q; China’s aluminium output forecast for December seems steady
If we follow the SMM price chart, we can see that the Chinese aluminium market has not seen extreme growth in 2023; instead, the prices stayed around the average of RMB 18,000 per tonne, with a slight recovery on April 20, when the price stood at RMB 19,110 per tonne. Today, on December 13, the SMM...
LME aluminium benchmark price gains US$8/t to US$2,090.5/t; SHFE price hikes by US$12/t
LME aluminium opened at US$2121 per tonne yesterday, with its high and low at US$2143 per tonne and US$2116 per tonne, respectively, before closing at US$2124 per tonne, flat from the previous trading day. On Tuesday, December 12, both LME aluminium cash bid price and LME aluminium official...
Russia's aluminium association warns price drops and sanctions may hurt the industry
Russia’s Aluminium Association has cautioned the domestic industry of the adverse effects of Western sanctions, tariffs, and price drops. The global aluminium prices have dropped to their lowest level since March 2021, while the US and EU almost banned Russian exports. Furthermore, the Russian...
LME benchmark price stoops to US$2082.5/t amidst weaker consumption; SHFE aluminium marginally spikes by US$12/t
LME aluminium opened at US$2139 per tonne yesterday, with its high and low at US$2141 per tonne and US$2116 per tonne respectively before closing at US$2124 per tonne, down 0.47 per cent. On December 11, the LME aluminium live price chart experienced a downward flow in aluminium prices, with the...
China’s A00 aluminium ingot price grows to RMB18,440/t; Low carbon aluminium price surges by RMB87/t
On Tuesday, December 12, the A00 aluminium ingot price in China gained RMB 60 per tonne to clock at RMB 18,440 per tonne, with the average prices expected to stand between RMB 18,420 per tonne and RMB 18,460 per tonne. The spot contract price may be traded at a discount price of RMB 70 to RMB 30...
