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 A00 aluminium ingot price registers a W-o-W decline of RMB 490/t; Alumina price inches down by RMB1/t
On Thursday, May 25, China's A00 aluminium ingot price has grown by RMB 20 per tonne to stand at RMB 18,110 per tonne. W-o-W, a decline of RMB 490 per tonne was registered from RMB 18,600 per tonne recorded last May 18. Today, the average prices are expected to range between RMB 18,090 per tonne...
China’s A00 aluminium ingot price subsides by RMB270/t and alumina price plunges RMB4/t
The Shanghai Metal Market has recorded a decline of RMB 270 per tonne in the aluminium spot price, finally settling down at RMB 18,090 per tonne today, May 24. The average aluminium price trends are between RMB 18,070 per tonne and RMB 18,110 per tonne. The premium prices have ranged around RMB 160...
LME aluminium price shrinks by US$60/t amid stock gain; SHFE price declines to US$2549/t
Three-month LME aluminium opened at $2,266 per tonne on Tuesday, with its low and high at US$2,216per tonne and US$2,270 per tonne, respectively, before closing at US$2,220 per tonne, a drop of US$43.50 per tonne or 1.92 per cent. On Tuesday, May 23, the LME aluminium cash bid price extended its...
LME benchmark price slumps US$38/t at the week’s start; SHFE aluminium price sheds US$16/t
LME aluminium opened at US$2,288 per tonne on Monday, with its low and high at US$2,249.5 per tonne and US$2,289.5 per tonne respectively before closing at US$2,263.5 per tonne, a drop of US$20.5 per tonne or 0.9 per cent. On May 22, Monday, the LME aluminium cash bid price closed at US$2,261 per...
Average alumina spot price in China drops to RMB2,867/t; A00 aluminium ingot price falls by RMB10/t
On Tuesday, May 23, China's average alumina spot price has dipped by RMB 8 per tonne to stand at RMB 2,867 per tonne. The price in Shandong has fallen by RMB 10 per tonne to close at RMB 2,875 per tonne. As per the SMM data, the prices in Henan and Shanxi have dipped by RMB 10 per tonne to come in...
LME aluminium price closes 0.51% lower at US$2,300/t; SHFE price steps down by US$7/t
LME aluminium opened at US$2,288 per tonne last Friday, with its low and high at US$2,284 per tonne and US$2,288 per tonne, respectively, before closing at US$2,286.5 per tonne, an increase of US$2.5 per tonne or 0.11 per cent. On Friday, May 19, both LME aluminium cash bid price and LME aluminium...
China’s A00 aluminium ingot price suffers RMB170/t loss with low carbon aluminium price sliding down RMB189/t
The Shanghai Metal Market has reported a descent of RMB 170 per tonne in the aluminium spot price, finally settling down at RMB 18,370 per tonne today, May 22. The average aluminium price trends are between RMB 18,350 per tonne and RMB 18,390 per tonne. The premium prices have ranged around RMB 170...
Primary aluminium weekly: Uniprom KAP closed down aluminium smelter, while Shandong Nanshan plans to build aluminium smelter in Indonesia
Uniprom has closed the last 12 electrolysis cells at KAP in Montenegro, ending 52 years of aluminium production. The plant will continue producing logs and alloys by importing metal. It has been reported that Shandong Nanshan of China plans to transform its Indonesian alumina refinery site into a...
LME benchmark price grows US$43/t reaching US$2,312/t mark on Thursday; SHFE price plunges US$25/t
LME aluminium opened at US$2,300.50 per tonne on Thursday, with its low and high at US$2,264.5 per tonne and US$2,309 per tonne respectively before closing at US$2,282 per tonne, a drop of US$18 per tonne or 0.78 per cent. The LME aluminium price trends have been on a constant decline in the month...
China’s A00 aluminium ingot price drops by RMB60/t due to weaker demand-supply scenario
After recording back-to-back growth over the past few days, the A00 aluminium ingot price has dropped by RMB 60 per tonne on Friday, May 19, to reach RMB 18,540 per tonne. On a W-o-W calculation, a hike of RMB 650 per tonne was recorded from RMB 17,890 per tonne on May 12. As per the SMM data, the...
India’s aluminium ingot (ADC12) price remains stable W-o-W due to limited trade activities
Aluminium alloy ingot (ADC12) prices remained stable W-o-W at INR 199,000 per tonne exw Faridabad due to limited transactions in the market. However, although some vendors quoted higher rates, actual transactions were reported to be in the range of INR 198,000 per tonne-200,000 per tonne after...
Hindalco, Vedanta slashed their aluminium ingot prices by over 3% during May 10-12
Last week, both Hindalco and Vedanta back-to-back cut their aluminium prices on May 11 and 12 in response to the LME aluminium price fall of US$92 per tonne in just two days. However, the companies started the week on May 10 with a rise in their aluminium ingot prices by INR 3,000 per tonne and INR...
India's imported aluminium scrap price tanks due to uncertainty in global aluminium market
The prices of imported aluminium scrap into India have decreased by $50-60 per tonne this week compared to the previous week. This is due to unimpressive London Metal Exchange futures prices. While prices have declined steadily, market sentiment remains uncertain due to highly volatile LME futures....
China’s A00 aluminium ingot price augments by RMB210/t on alternate days this week; Alumina spot price slumps by US$1/t
The current aluminium price in China has halted at RMB 18,600 per tonne, with a stark increase of RMB 210 per tonne, as the Shanghai Metals Market reported on May 18, Thursday. The average aluminium price trends are between RMB 18,580 per tonne and RMB 18,620 per tonne. The premium prices have...
LME aluminium benchmark price grows to US$2,269/t; SHFE price hikes by US$25/t
LME aluminium opened at US$2,261 per tonne on Wednesday, with its high and low at US$2,308 per tonne and US$2,258.5 per tonne, respectively, before closing at US$2,300 per tonne, an increase of US$35 per tonne or 1.55 per cent. On Wednesday, May 17, both LME aluminium cash bid price and LME...
LME benchmark aluminium price falls US$25/t to US$2235.50/t; SHFE loses US$2/t
LME aluminium opened at US$2,265.5 per tonne on Tuesday, with its low and high at US$2237.5 per tonne and US$2,273 per tonne respectively before closing at US$2,265 per tonne, a drop of US$4 per tonne or 0.18 per cent. On May 16, Wednesday, the LME aluminium cash bid price stopped at US$2,235 per...
China’s A00 aluminium ingot price records back-to-back hike to RMB18,390/t; Alumina price drops by RMB4/t
On Wednesday, May 17, China’s A00 aluminium ingot price has extended its growth for the third consecutive day by RMB 150 per tonne to settle at RMB 18,390 per tonne. The average prices are expected to range between RMB 18,370 per tonne and RMB 18,410 per tonne. The spot contract price may be traded...
China’s aluminium production in April’23 dips 1% M-o-M due to ongoing production cuts in Yunnan
According to the National Bureau of Statistics, China's aluminium production in April 2023 (30 calendar days) fell 1.2 per cent month-on-month at 3.33 million tonnes. In March 2023 (31 calendar days), the output was 3.37 million tonnes, which brought the Q1 production to 9.8 million tonnes. In the...
