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 glides up RMB210/t mid-May; Alumina spot prices mark uniform fall of RMB5/t
The current aluminium price in China has halted at RMB 18,240 per tonne, with a levitation of RMB 210 per tonne, as the Shanghai Metals Market reported on May 16, Tuesday. The average aluminium price trends are between RMB 18,220 per tonne and RMB 18,260 per tonne. The premium prices have ranged...
LME aluminium benchmark price hikes by US$30/t to US$2,260.5/t; SHFE price grows to US$2,612/t
LME aluminium opened at US$2,243 per tonne on Monday, with its low and high at US$2,221.5 per tonne and US$2,280 per tonne, respectively, before closing at US$2,269 per tonne, an increase of US$26 per tonne or 1.16 per cent. On Monday, May 15, both LME aluminium cash bid price and LME aluminium...
LME benchmark aluminium price rising slow in May moves US$1.5/t up; SHFE marks US$10/t growth
LME aluminium opened at US$2,214 per tonne last Friday, with its low and high at US$2,203.5 per tonne and US$2,245 per tonne, respectively, before closing at US$2,244 per tonne, an increase of US$31 per tonne or 1.4 per cent. On May 12, Friday, the LME aluminium cash bid price stopped at US$2,230...
China’s A00 aluminium ingot price hikes to RMB18,030/t; Alumina price falls by RMB3/t
On Monday, May 15, China's A00 aluminium ingot price has hiked by RMB 140 per tonne to halt at RMB 17,940 per tonne. The average prices are expected to stand between RMB 18,010 per tonne and RMB 18,050 per tonne, with the spot contract price expected to be traded at a discount price of RMB 20 to a...
China’s A00 aluminium ingot price faces RMB430/t massive plunge; Alumina spot price sheds RMB1/t
The current aluminium price in China has halted at RMB 17,890 per tonne, with a steep fall of RMB 430 per tonne, as the Shanghai Metals Market reported on May 12, Friday. The average aluminium price trends are between RMB 17,870 per tonne and RMB 17,910 per tonne. The discount prices have ventured...
LME aluminium benchmark price plunges by US$47/t to US$2,229/t; SHFE price dwindles by US$54/t
LME aluminium opened at US$2,275.5 per tonne on Thursday, with its high and low at US$2,282 per tonne and US$2,202 per tonne, respectively, before closing at US$2,213 per tonne, a drop of US$56.5 per tonne or 2.49 per cent. On Thursday, May 11, both LME aluminium cash bid price and LME aluminium...
LME benchmark aluminium price slumps US$45/t amidst lower US inflation rates; SHFE strolls down US$13/t
LME aluminium opened at US$2,321 per tonne on Wednesday, with its high and low at US$2,325 per tonne and US$2,266 per tonne respectively before closing at US$2,269.5 per tonne, a drop of US$45.5 per tonne or 1.97 per cent. The rate of inflation in the US has decreased, and there are indications...
China’s A00 aluminium ingot price drops by RMB70/t in the wake of lower demand and global economic challenges
On Thursday, May 11, China’s A00 aluminium ingot price has decreased by RMB 70 per tonne to halt at RMB 18,320 per tonne. A W-o-W calculation recorded a slump of RMB 190 per tonne from RMB 18,510 per tonne. Today, the average prices are expected to stand between RMB 18,300 per tonne and RMB 18,340...
Affin Hwang lowers its aluminium price projection for 2023 to 2025 over global growth deceleration
Affin Hwang Capital, the Malaysian-based investment banking group, had reduced its aluminium price per megatonne projections for 2023 to 2025, citing worries about global growth deceleration and a slight oversupply in the aluminium market. The pricing assumptions suggested that aluminium prices may...
China’s A00 aluminium ingot price soars up RMB30/t mid-week; Alumina spot price plunges by RMB2/t
China’s A00 aluminium ingot price has increased by RMB 30 per tonne levitation in China, officially closing at RMB 18,390 per tonne, as the Shanghai Metals Market recorded on May 10, Wednesday. The average prices are expected to range between RMB 18,370 per tonne and RMB 18,410 per tonne, with spot...
LME aluminium price surges by US$43.5/t over the weekend to US$2,321/t; SHFE price closes at US$2,650/t
LME aluminium opened at US$2,327 per tonne on Tuesday, with its high and low at US$2,338.5 per tonne and US$2,293 per tonne, respectively, before closing at US$2,315 per tonne, a drop of US$3.5 per tonne or 0.15 per cent. On Tuesday, May 9, both LME aluminium cash bid price and LME aluminium...
China’s A00 aluminium ingot price marks M-o-M fall of RMB260/t owing to weaker metal consumption
According to the Shanghai Metals Market (SMM), A00 aluminium ingot price in China has fallen by RMB 110 per tonne on Tuesday, April 9, to stand at RMB 18,360 per tonne. The spot contract prices are expected to be traded at a premium price of RMB 20 to RMB 60 per tonne, with the average prices...
China’s A00 aluminium ingot price augments by RMB110/t; Australian alumina FOB price loses RMB20.75/t
A00 aluminium ingot price has witnessed RMB 110 per tonne levitation in China, officially closing at RMB 18,470 per tonne, as the Shanghai Metals Market recorded on May 8, Monday. The average prices are expected to range between RMB 18,450 per tonne and RMB 18,490 per tonne, with spot contracts...
India’s domestic aluminium scrap price remains stable owing to moderate demand
On Thursday, May 4, domestic aluminium scrap prices in India remained range-bound d-o-d. Aluminium tense scrap prices stood at INR 163,000 per tonne - INR 164,000 per tonne, whereas, for utensils, the price closed at INR 172,000 per tonne. However, owing to moderate demand, the price of aluminium...
Primary aluminium recap: Hydro posts 4.11% revenue growth for Q1 while Alba’s revenue falls by 19%
Norsk Hydro reported first-quarter results for 2023, which ended March 31, indicating a 4.11 per cent year-on-year increase in revenue from NOK 46,616 million to NOK 48,534 million, driven by a steady LME aluminium pricing that began the quarter at US$2,378 per tonne and concluded at US$2,413 per...
LME aluminium benchmark price continues with May downward trend at US$2297/t; SHFE aluminium price drops US$26/t
LME aluminium opened at US$2,320 per tonne on Thursday, with its high and low at US$2,334.5 per tonne and US$2,284 per tonne, respectively, before closing at US$2,295.5 per tonne, a drop of US$25.5 per tonne or 1.1 per cent. On May 4, Thursday, the LME aluminium cash bid price anchored at US$2,296...
China’s A00 aluminium ingot price records a fall of RMB150/t; Low carbon aluminium price drops to RMB19,037/t
On Friday, May 5, A00 aluminium ingot price in China slumped by RMB 150 per tonne to settle at RMB 18,360 per tonne, with the average prices standing between RMB 18,340 per tonne and RMB 18,380 per tonne. The spot contract price is expected to be traded at a discount price of RMB 10 per tonne to a...
Slow trading pushes down aluminium alloy ingot (ADC12) price by INR 1000/t in India
Domestic pricing of aluminium alloy ingot ADC12 in India fell by INR 1,000 per tonne W-o-W to INR 200,000 per tonne. Although the present demand and supply situation seems modest, selling pressure in the local markets influences prices. Factors like higher import costs and limited transactions are...
