Energy costs drive China's August inflation as non-ferrous metals surge 20.8%
China's producer inflation accelerated in August as higher energy and non-ferrous metal prices pushed industrial costs higher, while weak domestic demand kept consumer inflation subdued. China's factory-gate inflation accelerated in August, with non-ferrous metal smelting and processing prices...
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...
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China’s aluminium semis exports tapered down in August due to weak aluminium foils and strips shipments
China’s aluminium semis exports in August 2023 recorded a drop of 9 per cent month-on-month to reach 439,500 tonnes, according to China customs data. On a year-on-year basis, the exports dwindled by 14.6 per cent. The declining trend also reflected in China’s total aluminium semis exports in the...
LME aluminium benchmark price dumps US$17/t with M-o-M hike of 2.75%; SHFE aluminium price sheds US$10/t
LME aluminium opened at US$2,241.50 per tonne on Monday, with its high and low at US$2,241.50 per tonne and US$2,121.20 per tonne respectively before closing at US$2,234 per tonne, a decrease of US$17 per tonne or 0.76 per cent. On September 25, the LME aluminium live price chart witnessed...
China’s A00 aluminium ingot price marks new week with a drop of RMB10/t, but remains W-o-W higher by 2%
According to the Shanghai Metals Market survey, A00 aluminium ingot price has opened this week on Monday, September 25, with a marginal drop of RMB 10 per tonne to stand at RMB 19,730 per tonne. The average prices are estimated to range between RMB 19,710 per tonne and RMB 19,750 per tonne, with a...
LME aluminium price hikes by US$33/t owing to Indonesia’s bauxite export ban; SHFE price gains US$28/t
LME aluminium opened at US$2,222 per tonne last Friday and hit a high of US$2,250.5 per tonne before closing at US$2,250.5 per tonne, an increase of US$28.5 per tonne or 1.29 per cent. One of the main reasons for the price hike can be attributed to Indonesia's potential export ban on bauxite, which...
LME benchmark aluminium price discards US$35.5/t; SHFE aluminium price sheds US$6/t
LME aluminium opened at US$2,248 per tonne on Thursday, then reached its high at US$2248.5 per tonne and finally closed at US$2,222 per tonne, a decrease of US$32 per tonne or 1.42 per cent. On September 21, the LME aluminium live price chart experienced decreasing aluminium rates, with the LME...
China’s A00 aluminium ingot price hikes to RMB 19,740/t; Alumina price grows by RMB34/t W-o-W
On Friday, September 22, A00 aluminium ingot price in China gained RMB 90 per tonne to close at RMB 19,740 per tonne, with the average prices between RMB 19,720 per tonne and RMB 19,760 per tonne. The spot contract price is expected to be traded at a premium price of RMB 210 per tonne to RMB 250...
LME aluminium benchmark price ascends to US$2,202/t; SHFE price moves up by US$28/t
LME aluminium opened at US$2,219.5 per tonne on Tuesday, with its high and low at US$2,225 per tonne and US$2,205 per tonne, respectively, before closing at US$2,215.5 per tonne, a decrease of US$1.5 per tonne or 0.07 per cent. On Wednesday, September 20, LME aluminium cash bid price and LME...
China’s A00 aluminium ingot price expands by 4.17% Q-o-Q; China’s alumina price gains RMB4/t
On September 21, the Shanghai Metals Market witnessed mixed trends in aluminium prices all over China, with the SMM A00 aluminium ingot price augmenting by RMB 160 per tonne to officially close at RMB 19,650 per tonne. The average prices have ranged between RMB 19,630 per tonne and RMB 19,670 per...
SMM A00 aluminium ingot price gains RMB60/t W-o-W; Low carbon aluminium price falls by RMB15/t
On Wednesday, September 20, China’s A00 aluminium ingot price has dropped by RMB 20 per tonne to close at RMB 19,490 per tonne. According to the Shanghai Metal Exchange (SMM) data, the domestic aluminium ingot price had a growth of RMB 60 per tonne W-o-W from RMB 19,430 per tonne on September 13....
LME benchmark aluminium price gains US$9.5/t on Tuesday, September 19; SHFE aluminium price loses US$9/t today
LME aluminium opened at US$2,219.5 per tonne on Tuesday, with its high and low at US$2,225 per tonne and US$2,205 per tonne, respectively, before closing at US$2,215.5 per tonne, a decrease of US$1.5 per tonne or 0.07 per cent. The LME aluminium live price chart experienced elevating aluminium...
China’s alumina spot price marks M-o-M hike of RMB25/t on Sept 19; Low-carbon aluminium recovers RMB108/t
The average alumina spot price has continued to grow for the second day in a week, dating September 19, by RMB 2 per tonne to settle at RMB 2,937 per tonne, found the Shanghai Metals Market survey. In the past two days, the price has increased by RMB 4 per tonne, marking a month-on-month hike of...
LME aluminium benchmark price ascends to US$2,165/t; SHFE price gains US$10/t to US$2,644/t
LME aluminium opened at US$2,192.5 per tonne last Friday, with its high and low at US$2,222.5 per tonne and US$2,185 per tonne, respectively, before closing at US$2,217 per tonne, an increase of US$21 per tonne or 0.96 per cent. On Monday, September 18, both LME aluminium cash bid price and LME...
China’s A00 aluminium ingot price contracts by RMB160/t; Low carbon aluminium price slumps to RMB19,938/t
On Monday, September 18, China’s A00 aluminium ingot price has dropped by RMB 160 per tonne to close at RMB 19,380 per tonne, with the average prices standing between RMB 19,360 per tonne and RMB 19,400 per tonne. The spot contract prices may be traded at a premium price of RMB 200 to RMB 240 per...
LME aluminum benchmark price sheds off 1.7%; SHFE initiates the week with a fall of US$69/t
LME aluminum opened at $2,220.50 per tonne on last Friday, with its high and low at US$2,231.50 per tonne and US$2,187 per tonne respectively before closing at US$2,196 per tonne, a decrease of US$24 per tonne or 1.08 per cent. On Friday, September 15, the LME aluminium cash bid price and LME...
LME/SHFE Weekly Recap: LME aluminium price closed range-bound at US$2155.5/t; SHFE settled at 2% higher
The LME aluminium benchmark price reflected a consistent growth throughout the week until it plunged significantly on Friday, September 15. On Monday, September 11, the LME aluminium cash bid price and LME aluminium official settlement price increased by US$21 per tonne and US$21.50 per tonne over...
SMM A00 aluminium price elevates by RMB1070/t M-o-M; Low-carbon aluminium price earns RMB103/t
The Shanghai Metals Market, on September 15, experienced a heightening streak in aluminium prices all over China, with the SMM A00 aluminium ingot price soaring by RMB 110 per tonne to officially close at RMB 19,540 per tonne. The average prices have ranged between RMB 19,520 per tonne and RMB...
LME aluminium benchmark price expands by US$36/t to US$2,192.5/t; SHFE price adds US$34/t
LME aluminium opened at US$2,211 per tonne on Thursday, with its high and low at US$2,239 per tonne and US$2,206.5 per tonne, respectively, before closing at US$2,220 per tonne, an increase of US$12 per tonne or 0.54 per cent. On Thursday, September 14, both LME aluminium cash bid price and LME...
Alumina and electricity costs drive up August prices for electrolytic aluminium
The combined effects of alumina and self-supplied electricity prices caused an uptick in the cost of electrolytic aluminium in August. The Mysteel aluminium research team extensively analysed electrolytic aluminium enterprises in China. In August 2023, the weighted average full cost of the Chinese...
