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LME benchmark aluminium price plunges by 6.62% Y-o-Y; SHFE aluminium price sheds US$19/t today
14 SEPT 20232MINS

LME benchmark aluminium price plunges by 6.62% Y-o-Y; SHFE aluminium price sheds US$19/t today

LME aluminium opened at US$2,199 per tonne on Wednesday, with its high and low at US$2,220 per tonne and US$2,191 per tonne, respectively, before closing at US$2,211 per tonne, an increase of US$14.5 per tonne or 0.66 per cent. The LME aluminium live price chart experienced mixed aluminium price...

US primary aluminium production in 2Q2023 reflects a 1% sequential growth; output in H1 totals 378,000t
14 SEPT 20232MINS

US primary aluminium production in 2Q2023 reflects a 1% sequential growth; output in H1 totals 378,000t

According to the US Census Bureau data, the United States' primary aluminium production in June 2023 was recorded at 62,000 tonnes, experiencing a drop of 3,000 tonnes or 4.62 per cent month-on-month. In May, the output stood at 65,000 tonnes, up by 2,000 tonnes or 3.17 per cent from 63,000 tonnes....

SMM A00 aluminium ingot price in Tianjin grows to RMB19,430/t; Low carbon aluminium price adds RMB50/t to RMB 19,987/t
14 SEPT 20232MINS

SMM A00 aluminium ingot price in Tianjin grows to RMB19,430/t; Low carbon aluminium price adds RMB50/t to RMB 19,987/t

On Thursday, September 14, China’s A00 aluminium ingot price showed no change to close at RMB 19,430 per tonne. The average prices ranged between RMB 19,410 per tonne and RMB 19,450 per tonne, with the spot contract prices expected to be traded at a discount price of RMB 10 to RMB 30 per tonne. As...

India’s imported aluminium scrap prices display mixed traits amidst volatile futures market
13 SEPT 20232MINS

India’s imported aluminium scrap prices display mixed traits amidst volatile futures market

The imported aluminium scrap market in India witnessed a mixed trend last week, leading to moderate trading activity amidst a volatile futures market. According to reliable sources, buying and selling activities remained insignificant as compared to the average levels. It has been reported that...

LME aluminium price declines by US$31/t from September 1 to 12; SHFE price gains 0.6% so far
13 SEPT 20232MINS

LME aluminium price declines by US$31/t from September 1 to 12; SHFE price gains 0.6% so far

LME aluminium opened at US$2,204.50 per tonne on Tuesday, with high and low at $2213.50 per tonne and $2186.50 per tonne, respectively, before closing at US$2,196 per tonne, a drop of US$8 per tonne or 0.36 per cent. On Tuesday, September 12, the LME aluminium cash bid price and the LME aluminium...

China’s alumina spot price loses RMB1/t; SMM A00 aluminium price dives by RMB90/t mid-week
13 SEPT 20232MINS

China’s alumina spot price loses RMB1/t; SMM A00 aluminium price dives by RMB90/t mid-week

The average alumina spot price in China has shed RMB 1 per tonne, officiating at RMB 2,933 per tonne. The alumina price in Henan has added RMB 5 per tonne to stop at RMB 2,945 per tonne, while the alumina price in Shanxi has lost RMB 10 per tonne to settle at a similar rate as Henan. On September...

China’s A00 aluminium ingot price hikes by RMB70/t; Low carbon aluminium price expands to RMB 20,047/t
12 SEPT 20232MINS

China’s A00 aluminium ingot price hikes by RMB70/t; Low carbon aluminium price expands to RMB 20,047/t

On Tuesday, September 12, China's A00 aluminium ingot price added RMB 70 per tonne to close at RMB 19,520 per tonne. The average prices are expected to orbit between RMB 19,500 per tonne and RMB 19,540 per tonne, with the spot contract prices expected to be traded at a discount price of RMB 80 to...

LME benchmark aluminium price ascends by US$21.5/t to begin the week; SHFE aluminium price witnesses W-o-W rise of 1.85%
12 SEPT 20232MINS

LME benchmark aluminium price ascends by US$21.5/t to begin the week; SHFE aluminium price witnesses W-o-W rise of 1.85%

LME aluminium opened at US$2,184.5 per tonne on Monday, with its high and low at US$2,210.5 per tonne and US$2,184 per tonne, respectively, before closing at US$2,207 per tonne, up US$23.5 per tonne or 1.19 per cent. The LME aluminium live price chart experienced escalating aluminium price trends...

LME aluminium benchmark price slumps to US$2,132.5/t; SHFE price gains US$11/t
11 SEPT 20232MINS

LME aluminium benchmark price slumps to US$2,132.5/t; SHFE price gains US$11/t

LME aluminium opened at US$2,194.5 per tonne last Friday, with its high and low at US$2,195 per tonne and US$2,171 per tonne, respectively, before closing at US$2,181 per tonne, a drop of US$15 per tonne or 0.68 per cent. On Friday, September 8, the London Metal Exchange (LME) revealed that both...

SMM A00 aluminium ingot price heightens 4.85% M-o-M to RMB19450/t; Low carbon aluminium price gains RMB30/t
11 SEPT 20232MINS

SMM A00 aluminium ingot price heightens 4.85% M-o-M to RMB19450/t; Low carbon aluminium price gains RMB30/t

The Shanghai Metals Market on September 11 experienced marginally elevating prices all over China, with the SMM A00 aluminium ingot price gaining RMB 30 per tonne to officially close at RMB 19,450 per tonne. The average prices have ranged between RMB 19,430 per tonne and RMB 19,470 per tonne. If we...

LME 3-month official price negates US$10/t; SHFE aluminium official price loses US$3/t with uneven market trends in September
08 SEPT 20232MINS

LME 3-month official price negates US$10/t; SHFE aluminium official price loses US$3/t with uneven market trends in September

LME aluminium opened at US$2,193 per tonne on Thursday, with its high and low at US$2,199 per tonne and US$2,176.5 per tonne, respectively, before closing at US$2,196.5 per tonne. London Metal Exchange's live price graph displayed that the 3-month official price has descended by US$10 per tonne or...

China’s A00 aluminium ingot price descends to RMB19,420/t; Low carbon aluminium price falls by RMB36/t
08 SEPT 20232MINS

China’s A00 aluminium ingot price descends to RMB19,420/t; Low carbon aluminium price falls by RMB36/t

On Friday, September 8, the A00 aluminium ingot price in China dipped by RMB 50 per tonne to a halt at RMB 19,420 per tonne, with the average prices between RMB 19,400 per tonne and RMB 19,440 per tonne. The spot contract price is expected to be traded at a premium price of RMB 0 to RMB 40 per...

September 2023: Negotiations between Japanese secondary aluminium producers and raw material suppliers witness a notable trend
07 SEPT 20232MINS

September 2023: Negotiations between Japanese secondary aluminium producers and raw material suppliers witness a notable trend

The negotiations that took place in early September 2023 in the Kanto region between prominent secondary aluminium alloy producers and raw material wholesalers have brought to the forefront a significant trend. This trend signifies a consecutive second rise in the purchase price of aluminium raw...

SMM A00 aluminium ingot price soars by RMB160/t; Average alumina spot price adds RMB1/t
07 SEPT 20232MINS

SMM A00 aluminium ingot price soars by RMB160/t; Average alumina spot price adds RMB1/t

On September 7, the Shanghai Metals Market witnessed escalating aluminium prices all over China, with the SMM A00 aluminium ingot price heightening by RMB 160 per tonne to officially close at RMB 19,470 per tonne. The average prices have circled between RMB 19,450 per tonne and RMB 19,490 per...

LME aluminium price gains US$21.5/t to US$2,158/t; SHFE price moves up to US$2,646/t
07 SEPT 20232MINS

LME aluminium price gains US$21.5/t to US$2,158/t; SHFE price moves up to US$2,646/t

LME aluminium opened at US$2,193 per tonne on Wednesday, with its high and low at US$2,219.5 per tonne and US$2,186 per tonne, respectively, before closing at US$2,193 per tonne. On Wednesday, both LME aluminium cash bid price and LME aluminium official settlement price hiked by US$21.5 per tonne...

Alumina spot price in China clocks M-o-M growth of RMB37/t; A00 aluminium ingot price gains RMB70
06 SEPT 20232MINS

Alumina spot price in China clocks M-o-M growth of RMB37/t; A00 aluminium ingot price gains RMB70

On Wednesday, September 6, the average alumina spot price in China gained RMB 7 per tonne, settling at RMB 2,933 per tonne. As per the Shanghai Metal Exchange (SMM) data, M-o-M, the alumina price had expanded by RMB 37 per tonne or 1.27 per cent from RMB 2,896 per tonne recorded on August 7. As of...

LME aluminium official price stands 6.72% Y-o-Y lower at US$2136.5/t; SHFE aluminium price descends by US$2/t
06 SEPT 20232MINS

LME aluminium official price stands 6.72% Y-o-Y lower at US$2136.5/t; SHFE aluminium price descends by US$2/t

LME aluminium opened at US$2,238 per tonne on Monday, with its high and low at US$2,242 per tonne and US$2,195 per tonne, respectively, before closing at US$2,200.5 per tonne. On September 5, the LME aluminium live price chart experienced declining aluminium price trends, with the LME aluminium...

SMM A00 aluminium ingot price plunges by RMB170/t to RMB19240/t; High-purity aluminium price sheds RMB200/t
05 SEPT 20232MINS

SMM A00 aluminium ingot price plunges by RMB170/t to RMB19240/t; High-purity aluminium price sheds RMB200/t

The Shanghai Metals Market on September 5 experienced declining aluminium prices all over China, with the SMM A00 aluminium ingot price diving down by RMB 170 per tonne to officially close at RMB 19,240 per tonne. The average prices have circled between RMB 19,220 per tonne and RMB 19,260 per...