LME aluminium price eases 0.3% on September 10; stocks remain stable at 244,525/t
The London Metal Exchange (LME) aluminium price graph contracted on September 10 across cash and contracts, with longer-dated contracts reporting nearly 1 per cent decline. The aluminium opening stocks, however, remained stable. The LME aluminium cash bid price shifted from USD 3,351.5 per tonne on...
Aluminium tariffs, not Trump’s alcohol ban, are the bigger threat to BC brewers
The escalating US-Canada trade conflict is putting pressure on the US alcohol industry from two directions. The BC wine and beer industry is facing fresh uncertainty as the US President Donald Trump proposed to block most Canadian alcoholic beverage imports from September 29, 2026. While British...
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China’s July 20 alumina price grows to RMB2,845/t; A00 aluminium ingot price moves up by RMB10/t
On Thursday, July 20, the Shanghai Metal Market (SMM) notified that the average alumina spot price has ascended by RMB 3 per tonne to close at RMB 2,845 per tonne. On M-o-M calculation, a growth of RMB 31 per tonne was witnessed from RMB 2,814 per tonne recorded on June 20. As of today, the prices...
LME aluminium price on downward trail since last Thursday drops US$27.5/t; SHFE price slumps 1.9% W-o-W, up US$23/t today
On Wednesday, July 19, the LME aluminium cash bid price stopped at US$2,141.50 per tonne, shrinking by US$27 per tonne or 1.24 per cent, and LME official settlement price settled at US$2,142 per tonne, with a fall of US$27.50 per tonne or 1.27 per cent. The LME benchmark price on July 12 was...
SMM aluminium price skids RMB100/t today, down 2.04% M-o-M; Alumina spot price loses RMB1/t
The Shanghai Metal Market, today, on July 19, notified that China’s aluminium ingot price has deflected RMB 100 per tonne downwards to officially settle at RMB 18,270 per tonne, with average prices circling between RMB 18,250 per tonne and RMB 18,290 per tonne. The SMM aluminium price today is...
LME aluminium price falls by US$25.5/t to US$2,169.5/t; SHFE price drops to US$2,528/t
LME aluminium opened at US$2255 per tonne Tuesday, with low and high at US$2201 per tonne and US$2262 per tonne before closing down 2.28 per cent at US$2205.5 per tonne. On Tuesday, July 18, both LME aluminium cash bid price and LME aluminium official settlement price slumped by US$25.5 per tonne...
China’s A00 aluminium ingot price expands W-o-W by RMB120/t; Alumina price gains RMB8/t
On Tuesday, July 18, China’s A00 aluminium ingot price has grown by RMB 20 per tonne to close at RMB 18,370 per tonne. On a W-o-W calculation, a hike of RMB 120 per tonne was witnessed from RMB 18,250 per tonne recorded on July 12. As of today, the average prices are estimated to range between RMB...
LME aluminium price shrinks over the weekend by US$30/t but still stands higher W-o-W; SHFE price settles lower at US$2542/t
The LME aluminium benchmark price movement slowed down since last Friday, registering a total fall of US$41 per tonne in two days. On Monday, July 17, both LME aluminium cash bid price and LME aluminium official settlement price declined drastically over the weekend by US$30.50 per tonne and US$30...
China’s primary aluminium production stands 2.9% higher Y-o-Y as Yunnan resumes curtailed capacity
According to the National Bureau of Statistics (NBS), China’s primary aluminium production grew year-on-year in June 2023 as smelters resumed operations in southwestern Yunnan province after the ease of local power usage restrictions. As per the data released by NBS, China produced 3.46 million...
China’s alumina price stands RMB11/t higher W-o-W on capacity resumption; A00 aluminium ingot price shrinks by RMB160/t
The average alumina spot price has grown by RMB 2 per tonne over the weekend after an intermittent restraint at RMB 2,831 per tonne on Friday, July 14, according to the Shanghai Metals Market data. On Monday, July 17, the price has stopped at RMB 2,833 per tonne, up by RMB 11 per tonne from RMB...
LME aluminium price closes the week with a drop of US$11/t; SHFE price tumbles to US$2,564/t
LME aluminium opened at US$2279 per tonne last Friday, with low and high at US$2263 per tonne and US$2292 per tonne before closing down 0.42 per cent at US$2273.5 per tonne. On Friday, July 14, both LME aluminium cash bid price and LME aluminium official settlement price dropped by US$11 per tonne...
Maruti Suzuki dampens (ADC12) aluminium alloy ingot price citing lower auto production amidst 2.3% Y-o-Y sales hike
Maruti Suzuki India Limited, the largest automobile manufacturer in India and a major consumer of aluminium, has released its monthly settlement prices for aluminium ADC12 alloy ingots for July 2023 at INR INR 204,000 per tonne. This is a decrease of INR 2,900 per tonne compared to its settlement...
China’s A00 aluminium ingot price closes the week with a growth of RMB70/t; Low carbon aluminium price dips to RMB19,044/t
On Friday, July 14, A00 aluminium ingot price in China has expanded by RMB 70 per tonne to score at RMB 18,510 per tonne. The average prices are expected to orbit between RMB 18,490 per tonne and RMB 18,530 per tonne, with the spot contract price expected to be traded at a discount price of RMB 110...
LME aluminium spot price heightens by US$88.5/t, down 4.6% Y-o-Y; SHFE aluminium price gains US$34/t, up 0.93% Y-o-Y
LME aluminium opened at US$2,134 per tonne last Friday, with its low and high at US$2,127 per tonne and US$2,151 per tonne respectively before closing at US$2,141 per tonne, up US$11 per tonne or 0.52 per cent. On Thursday, July 13, the LME aluminium cash bid price and LME official settlement price...
Imported aluminium scrap prices in India record W-o-W fall of US$50/t
The Indian imported aluminium scrap market recorded unpredictable patterns and considerable price contraction W-o-W in some grades by up to US$50 per tonne. As of today, Middle East-origin aluminium tension prices contracted by up to $50 per tonne to $1,520 CIF, whereas the remaining scrap grades...
LME aluminium benchmark price hikes to US$2,147.5/t; SHFE price expands by US$34/t
On Wednesday, July 12, both LME aluminium cash bid price and LME official settlement price hiked by US$18 per tonne or 0.84 per cent and US$18.5 per tonne or 0.86 per cent to close at US$2,146.50 per tonne and US$2,147.50 per tonne. 3-month bid price and 3-month offer price moved up by US$6 per...
SMM aluminium ingot price gains pace mid-July with RMB210/t influx; China’s alumina spot price rises RMB4/t
According to the Shanghai Metal Market, today, on July 13, China’s aluminium ingot price has skyrocketed by RMB 210 per tonne to officially settle at RMB 18,440 per tonne, with average prices ranging between RMB 18,420 per tonne and RMB 18,460 per tonne. At the beginning of July, China’s aluminium...
Japanese primary aluminium shipment premium is agreed at $127.5/t for Q3 2023
Japanese primary aluminium premium in the September quarter is less likely to change much from the previous quarter, given a buyer has recently agreed to pay a premium of $127.5 per tonne to a global producer over the benchmark price for shipments, said a source on Tuesday, July 11, involved in the...
China’s average alumina spot price marks M-o-M fall of RMB6/t on July 12; A00 aluminium ingot price drops to RMB18,230/t
On Wednesday, July 12, the average alumina spot price in China has grown by RMB 2 per tonne to close at RMB 2,827 per tonne. On M-o-M calculation, the alumina price has fallen by RMB 6 per tonne from RMB 2,833 per tonne recorded on June 12. As of today, the price in Shanxi has grown by RMB 10 per...
LME benchmark aluminium price soars by US$33/t; SHFE aluminium rises for three days straight to US$2543/t
On Tuesday, July 11, the LME aluminium cash bid price and LME official settlement price halted at US$2,128.50 per tonne and US$2,129 per tonne, with a 1.57 per cent or US$33 per tonne upward growth. The LME aluminium spot price has suffered quite a lot with uncertain fluctuations all the way in...
