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China’s SMM aluminium ingot price plunges 1.79% Y-o-Y; Low-carbon aluminium price loses RMB178/t
30 NOV 20232MINS

China’s SMM aluminium ingot price plunges 1.79% Y-o-Y; Low-carbon aluminium price loses RMB178/t

The Shanghai Metals Market, on November 30, marked a region-wide digression in aluminium price trends, with the SMM A00 aluminium ingot price plummeting by RMB 140 per tonne to close at RMB 18,630 per tonne. The average aluminium prices have circulated between RMB 18,610 per tonne and RMB 18,650...

LME aluminium price grows by US$13.5/t to US$2,178/t; SHFE price loses US$24/t to US$2,624/t
30 NOV 20232MINS

LME aluminium price grows by US$13.5/t to US$2,178/t; SHFE price loses US$24/t to US$2,624/t

LME aluminium opened at US$2224 per tonne in the previous trading day, with its low and high at US$2207.5 per tonne and US$2231.5 per tonne, respectively, before closing at US$2217.5 per tonne, down 0.18 per cent. On Wednesday, November 29, both LME aluminium cash bid price and LME aluminium...

Press Metal Aluminium’s nine-month net profit lags behind consensus forecasts, marking a 21% Y-o-Y fall
29 NOV 20233MINS

Press Metal Aluminium’s nine-month net profit lags behind consensus forecasts, marking a 21% Y-o-Y fall

On Tuesday, November 28, Press Metal Aluminium Holdings published its third quarter fiscal report, showing a lag from the consensus forecasts. Nonetheless, market analysts have maintained their recommendations on the company, with expectations that aluminium prices will remain subdued. Press Metal...

LME benchmark aluminium price shrinks by US$12.5/t to US$2164.5/t; SHFE aluminium price drops US$4/t
29 NOV 20232MINS

LME benchmark aluminium price shrinks by US$12.5/t to US$2164.5/t; SHFE aluminium price drops US$4/t

LME aluminium opened at US$2213 per tonne in the previous trading day, with its low and high at US$2199.5 per tonne and US$2225.5 per tonne, respectively, before closing at US$2218.5 per tonne, up US$6 per tonne or 0.27 per cent. On November 28, the LME aluminium live price chart registered a...

China’s A00 aluminium ingot price contracts by RMB80/t to RMB18,770/t; Aluminium powder price inches down by US$0.1/kg
29 NOV 20232MINS

China’s A00 aluminium ingot price contracts by RMB80/t to RMB18,770/t; Aluminium powder price inches down by US$0.1/kg

On Wednesday, November 29, China’s A00 aluminium ingot price has contracted by RMB 80 per tonne to clock at RMB 18,770 per tonne, with the average prices standing between RMB 18,750 per tonne and RMB 18,790 per tonne. The spot contract price may be traded at a discount price of RMB 60 per tonne to...

Beer Institute launches MWP website to educate consumers & lawmakers about aluminium tariffs
28 NOV 20232MINS

Beer Institute launches MWP website to educate consumers & lawmakers about aluminium tariffs

The Beer Institute, the longest-standing national trade organisation advocating for the beer industry, has launched MidwestPremiumExposed.org to enlighten consumers and legislators about the Midwest Premium (MWP). The MWP, or Metal Weight Premium, is a pricing mechanism that enables aluminium...

SMM A00 aluminium ingot price reflects Q-o-Q drop of RMB50/t; Low-carbon aluminium price negates RMB28/t
28 NOV 20232MINS

SMM A00 aluminium ingot price reflects Q-o-Q drop of RMB50/t; Low-carbon aluminium price negates RMB28/t

On November 28, the Shanghai Metals Market witnessed a more or less uniform slump in aluminium prices, with the SMM A00 aluminium ingot price losing RMB 40 per tonne to close at RMB 18,850 per tonne. The average aluminium prices have circulated between RMB 18,830 per tonne and RMB 18,870 per tonne....

LME aluminium benchmark price moves down by US$2/t to US$2,177/t; SHFE price adds US$7/t
28 NOV 20232MINS

LME aluminium benchmark price moves down by US$2/t to US$2,177/t; SHFE price adds US$7/t

LME aluminium opened at US$2221.5 per tonne in the previous trading day, with its low and high at US$2209 per tonne and US$2235 per tonne, respectively, before closing at US$2211.5 per tonne, down 0.65 per cent. On Monday, November 27, both LME aluminium cash bid price and LME aluminium official...

LME aluminium benchmark price drops US$4/t; up 1.51% M-o-M; SHFE aluminium price earns US$6/t
27 NOV 20232MINS

LME aluminium benchmark price drops US$4/t; up 1.51% M-o-M; SHFE aluminium price earns US$6/t

LME aluminium opened at US$2228 per tonne last Friday, with its low and high at US$2213.5 per tonne and US$2228 per tonne respectively before closing at US$2225 per tonne, up US$3 per tonne or 0.14 per cent. The LME aluminium live price chart , on November 24, witnessed an overall slump in...

China’s A00 aluminium ingot price grows by RMB70/t; Aluminium powder price moves up to RMB21.4/kg
27 NOV 20232MINS

China’s A00 aluminium ingot price grows by RMB70/t; Aluminium powder price moves up to RMB21.4/kg

On Monday, November 27, China’s A00 aluminium ingot price has grown by RMB 70 per tonne to clock at RMB 18,890 per tonne. The average prices are expected to stand between RMB 18,870 per tonne and RMB 18,910 per tonne, with the spot contract price expected to be traded at a discount price of RMB 40...

SMM A00 aluminium ingot price gains RMB10/t today, down 1.46% Y-o-Y; China’s low-carbon aluminium price adds RMB3/t
24 NOV 20232MINS

SMM A00 aluminium ingot price gains RMB10/t today, down 1.46% Y-o-Y; China’s low-carbon aluminium price adds RMB3/t

The Shanghai Metals Market, on November 24, marked a slight digression in aluminium prices, with the SMM A00 aluminium ingot price rising by RMB 10 per tonne to close at RMB 18,820 per tonne. The average aluminium prices have hovered between RMB 18,800 per tonne and RMB 18,840 per tonne. If the SMM...

LME aluminium benchmark price falls to US$2,183/t; SHFE price moves up by US$6/t
24 NOV 20232MINS

LME aluminium benchmark price falls to US$2,183/t; SHFE price moves up by US$6/t

LME aluminium opened at US$2223 per tonne in the previous trading day, with its low and high at US$2215 per tonne and US$2233 per tonne, respectively, before closing at US$2222 per tonne, up US$0.5 per tonne or 0.02 per cent. On Thursday, November 23, both LME aluminium cash bid price and LME...

India's  ADC12 aluminium alloy price maintains stagnancy due to lower trade activities
23 NOV 20232MINS

India's ADC12 aluminium alloy price maintains stagnancy due to lower trade activities

Aluminium ADC12 alloy ingot prices in India have remained stable at INR 182,000 per tonne, while tense scrap prices have also remained largely unchanged at INR 155,000 per tonne ex Delhi due to limited demand. The price of China Silicon 553 has decreased by 1.8 per cent w-o-w and is currently...

FACE claims EU’s sanction on Russian aluminium will backfire on the domestic economy
23 NOV 20233MINS

FACE claims EU’s sanction on Russian aluminium will backfire on the domestic economy

The Federation of Aluminium Consumers in Europe (FACE) is of the opinion that the European Union's twelfth package of sanctions on Russian aluminium will harm Europe's economy more than Russia's. In response to the report last week that European Union (EU) countries are contemplating imposing new...

China’s A00 aluminium ingot price falls by RMB70/t to RMB18,810/t; Low carbon aluminium price loses RMB98/t
23 NOV 20232MINS

China’s A00 aluminium ingot price falls by RMB70/t to RMB18,810/t; Low carbon aluminium price loses RMB98/t

On Thursday, November 23, China’s A00 aluminium ingot has dropped by RMB 70 per tonne to clock at RMB 18,810 per tonne, with the average prices standing between RMB 18,790 per tonne and RMB 18,830 per tonne. The spot contract price may be traded at a discount price of RMB 30 to a premium price of...

LME benchmark aluminium price notes US$199.50/t Y-o-Y slump reaching US$2194.50/t; SHFE aluminium price descends by 0.79%
23 NOV 20232MINS

LME benchmark aluminium price notes US$199.50/t Y-o-Y slump reaching US$2194.50/t; SHFE aluminium price descends by 0.79%

On November 22, the LME aluminium live price chart experienced mixed price trends, with the LME aluminium cash bid price and the LME aluminium official price shedding US$7 per tonne or 0.32 per cent to officially close at US$2,194 per tonne and US$2,194.50 per tonne. When the LME aluminium price on...

China’s average alumina spot price loses RMB1/t; SMM A00 aluminium ingot price eliminates RMB120/t
22 NOV 20232MINS

China’s average alumina spot price loses RMB1/t; SMM A00 aluminium ingot price eliminates RMB120/t

China’s average alumina spot price has gone down the graph by RMB 1 per tonne to close at RMB 2,996 per tonne. The alumina price in Shandong has tumbled by RMB 5 per tonne to officiate at RMB 2,945 per tonne. The Australian Alumina FOB price has faced a substantial fall of RMB 7.13 per tonne to...

LME aluminium benchmark price grows by US$9.5/t to US$2,201.5/t; SHFE price falls by US$13/t
22 NOV 20232MINS

LME aluminium benchmark price grows by US$9.5/t to US$2,201.5/t; SHFE price falls by US$13/t

LME aluminium opened at US$2244.5 per tonne in the previous trading day, with its low and high at US$2233.5 per tonne and US$2264 per tonne, respectively, before closing at US$2255.5 per tonne, up US$11.5 per tonne or 0.51 per cent. On Tuesday, November 21, both LME aluminium cash bid price and LME...