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LME benchmark aluminium price ascends by US$17/t; SHFE aluminium price jumps US$10/t up
29 MAR 20232MINS

LME benchmark aluminium price ascends by US$17/t; SHFE aluminium price jumps US$10/t up

LME aluminium prices finished the day at US$2,382.5 per tonne, a gain of US$17.5 per tonne or 0.74 per cent. On March 28, Tuesday, the LME aluminium cash bid price and the LME aluminium official settlement price soared by US$17 per tonne or 0.74 per cent to close at US$2,314 per tonne and US$2,315...

China’s A00 aluminium ingot price skyrockets by RMB190/t; Alumina price in Lianyungang sheds RMB30/t
28 MAR 20232MINS

China’s A00 aluminium ingot price skyrockets by RMB190/t; Alumina price in Lianyungang sheds RMB30/t

A00 aluminium ingot price has levitated by RMB 190 per tonne, officially closing at RMB 18,590 per tonne, as the Shanghai Metals Market recorded on March 28, Tuesday. The average prices are expected to range between RMB 18,570 per tonne and RMB 18,610 per tonne, with spot contracts trading at...

LME aluminium price opens the week with a growth of US$33/t; SHFE price hikes by US$19/t
28 MAR 20232MINS

LME aluminium price opens the week with a growth of US$33/t; SHFE price hikes by US$19/t

LME aluminium opened at US$2,341 per tonne on Monday, with its high and low at US$2,372 per tonne and US$2,323 per tonne, respectively, before closing at US$2,365 per tonne, an increase of US$21 per tonne or 0.9 per cent. On Monday, March 27, both LME aluminium cash bid price and LME aluminium...

China’s A00 aluminium ingot price grows by RMB80/t t0 RMB18,400/t; Low carbon aluminium price hikes by RMB100/t
27 MAR 20232MINS

China’s A00 aluminium ingot price grows by RMB80/t t0 RMB18,400/t; Low carbon aluminium price hikes by RMB100/t

On Monday, March 27, China’s A00 aluminium ingot price has grown by RMB 80 per tonne to stand at RMB 18,400 per tonne. On a W-o-W calculation , a hike of RMB 160 was witnessed from RMB 18,240 per tonne recorded on Monday, March 20. Today, the average prices are expected to be between RMB 18, 380...

LME benchmark aluminium price remains stuck at US$2265/t on March 24; SHFE aluminium price increases by US$2/t
27 MAR 20232MINS

LME benchmark aluminium price remains stuck at US$2265/t on March 24; SHFE aluminium price increases by US$2/t

LME aluminium opened at US$2,329 per tonne last Friday, with its high and low at US$2,364.5 per tonne and US$2,312.5 per tonne respectively before closing at US$2,344 per tonne, an increase of US$17.5 per tonne or 0.75 per cent. On March 24, Friday, the LME aluminium cash bid price and the LME...

Vedanta’s aluminium ingot price accumulates INR2250/t on March 24
25 MAR 20231MINS

Vedanta’s aluminium ingot price accumulates INR2250/t on March 24

Vedanta Limited added INR 2,250 per tonne to its aluminium ingot and aluminium products prices on March 24 after two consecutive cuts last week. This week's hike brought the company’s aluminium ingot price to INR 215,750-246,250 per tonne versus INR 213,500-244,000 per tonne on March 18. Vedanta’s...

Hindalco elevates its aluminium ingot price by INR2000/t with effect from March 24
24 MAR 20232MINS

Hindalco elevates its aluminium ingot price by INR2000/t with effect from March 24

Hindalco Industries Limited has elevated its aluminium ingot and aluminium products prices on Friday, March 24, following a cut about a week earlier. With effect from March 24, the company has increased its aluminium ingot price by INR 2,000 per tonne to INR 214,750 per tonne. Last Saturday, March...

LME aluminium benchmark price hikes by US$33/t to US$2,265/t; SHFE price moves up by US$5/t
24 MAR 20232MINS

LME aluminium benchmark price hikes by US$33/t to US$2,265/t; SHFE price moves up by US$5/t

LME aluminium opened at US$2,291 per tonne on Thursday, with its high and low at US$2,345.5 per tonne and US$2,287 per tonne, respectively, before closing at US$2,326.5 per tonne, an increase of US$41.5 per tonne or 1.82 per cent. On Thursday, March 23, both LME aluminium cash bid price and LME...

China’s A00 aluminium ingot price marks sudden surge of RMB170/t; High purity aluminium price jumps RMB200/t
24 MAR 20233MINS

China’s A00 aluminium ingot price marks sudden surge of RMB170/t; High purity aluminium price jumps RMB200/t

A00 aluminium ingot price has augmented by RMB 170 per tonne, officially closing at RMB 18,320 per tonne, as the Shanghai Metals Market recorded on March 24, Friday. The average prices are expected to range between RMB 18,300 per tonne and RMB 18,340 per tonne, with spot contracts trading at...

US primary aluminium production starts 2023 with a monthly restraint at 64,000 tonnes: USGS
23 MAR 20232MINS

US primary aluminium production starts 2023 with a monthly restraint at 64,000 tonnes: USGS

According to the US Census Bureau survey, the United States' primary aluminium output started the year 2023 with a monthly restraint. Data shows the country's monthly aluminium production continued to stand at 64,000 tonnes in January, but the average daily output slightly dipped from 2,060 tonnes...

LME benchmark aluminium price tumbles by US$3/t to US$2232/t; SHFE price ascends US$31/t
23 MAR 20232MINS

LME benchmark aluminium price tumbles by US$3/t to US$2232/t; SHFE price ascends US$31/t

LME aluminium opened at US$2,275 per tonne on Wednesday, with its high and low at US$2,285 per tonne and US$2,261 per tonne respectively before closing at US$2,285 per tonne, an increase of US$15.5 per tonne or 0.68 per cent. On March 22, Wednesday, the LME aluminium cash bid price and the LME...

A00 aluminium ingot price in China moves up to RMB18,150/t; Aluminium powder price inches up by RMB0.01/kg
23 MAR 20232MINS

A00 aluminium ingot price in China moves up to RMB18,150/t; Aluminium powder price inches up by RMB0.01/kg

On Thursday, March 23, China’s A00 aluminium ingot price has grown by RMB 50 per tonne to settle at RMB 18,150 per tonne, with the average prices standing between RMB 18,130 per tonne and RMB 18,170 per tonne. On a W-o-W calculation , the aluminium ingot price moved up by RMB 10 per tonne from RMB...

LME aluminium benchmark price slips by US$2.5/t to US$2,235/t; SHFE price moves up to US$2,645/t
22 MAR 20232MINS

LME aluminium benchmark price slips by US$2.5/t to US$2,235/t; SHFE price moves up to US$2,645/t

LME aluminium closed at US$2,269 per tonne, down US$14.5 per tonne or 0.63 per cent, from the previous trading day. On Tuesday, March 21, both LME aluminium cash bid price and LME aluminium official settlement price moved down by US$2.5 per tonne or 0.11 per cent to settle at US$2,234.50 per tonne...

China’s A00 aluminium ingot price goes RMB10/t downhill on March 22; Low carbon aluminium price loses RMB31/t
22 MAR 20232MINS

China’s A00 aluminium ingot price goes RMB10/t downhill on March 22; Low carbon aluminium price loses RMB31/t

A00 aluminium ingot price has slumped by RMB 10 per tonne, officially closing at RMB 18,100 per tonne, as the Shanghai Metals Market recorded on March 22. The average prices are expected to range between RMB 18,080 per tonne and RMB 18,120 per tonne, with spot contracts trading at discount prices...

China’s A00 aluminium ingot price declines by RMB130/t to RMB18,110/t; Aluminium powder price inches down by RMB0.1/kg
21 MAR 20232MINS

China’s A00 aluminium ingot price declines by RMB130/t to RMB18,110/t; Aluminium powder price inches down by RMB0.1/kg

On Tuesday, March 21, China’s A00 aluminium ingot price slumped by RMB 130 per tonne to halt at RMB 18,110 per tonne, with the average prices ranging between RMB 18,090 per tonne and RMB 18,130 per tonne. The spot contract price is expected to be traded at a discount price of RMB 80 to RMB 40 per...

LME benchmark aluminium price on a slothful pace since March 8 gains US$5.5/t; SHFE sheds US$4/t
21 MAR 20232MINS

LME benchmark aluminium price on a slothful pace since March 8 gains US$5.5/t; SHFE sheds US$4/t

LME aluminium opened at US$2,284.5 per tonne on Monday, with its high and low at US$2,300 per tonne and US$2,254 per tonne, respectively, before closing at US$2,284 per tonne, an increase of US$6 per tonne or 0.26 per cent. On March 20, Monday, the LME aluminium cash bid price ascended by US$7 per...

Vedanta’s aluminium wire rod price undergoes two succeeding cuts totalling INR221,000-228,500/t
20 MAR 20232MINS

Vedanta’s aluminium wire rod price undergoes two succeeding cuts totalling INR221,000-228,500/t

Vedanta Limited continued to reduce its aluminium products prices on Saturday, March 18, bringing its aluminium wire rod price to the range between INR 221,000-228,500 per tonne, down by INR 1,500 per tonne from the previous day. On Thursday, March 16, Vedanta’s aluminium wire rod price stood at...

China’s Jan-Feb aluminium imports grow 11.3% Y-o-Y, thanks to industrial recovery post COVID restriction ease
20 MAR 20232MINS

China’s Jan-Feb aluminium imports grow 11.3% Y-o-Y, thanks to industrial recovery post COVID restriction ease

According to China customs data, China’s total aluminium imports in January and February grew by 11.3 per cent year-on-year, given the anticipated demand improvement once the country reopens. Customs data showed China imported 374,321 tonnes of unwrought aluminium and products, including primary...