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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NALCO’s aluminium ingot price sees a cut of INR4500/t effecting from March 10
National Aluminium Company Limited (NALCO) has cut its aluminium ingot and aluminium products prices by INR 4,500 per tonne, with effect from Friday, March 10. This has brought the company’s aluminium ingot price to INR 219,650-223,150 per tonne compared to INR 224,150-227,650 per tonne on February...
China’s A00 aluminium ingot price plummets by RMB230/t; Low-carbon aluminium price declines below RMB19000/t
According to the Shanghai Metals Market, China’s domestic A00 aluminium ingot price has plummeted by RMB 230 per tonne on March 10, following a dip of RMB 10 per tonne last day. Thus, the price has closed the week at RMB 18,230 per tonne, recording a week-on-week fall of RMB 320 per tonne or 1.73...
LME benchmark aluminium price faces US$2.5/t spike; SHFE aluminium price descends by US$31/t
LME aluminium opened at US$2,361.5 per tonne on Thursday and closed at US$2,319.5 per tonne, down US$34.5 per tonne or 1.47 per cent. On March 9, Thursday, the LME aluminium cash bid price slightly rose by US$2 per tonne or 0.09 per cent to clock at US$2,290 per tonne, and the LME aluminium...
LME aluminium price moves down to US$2,288.50/t; SHFE price grows by US$10/t
LME aluminium fell sharply after opening at US$2,351 per tonne on Wednesday but then rallied and closed at US$2,362 per tonne, up US$12.5 per tonne or 0.53 per cent. On Wednesday, March 8, both LME aluminium cash bid price and LME aluminium official settlement price slumped by US$24 per tonne or...
China’s A00 aluminium ingot price descends by RMB10/t on March 9; Eight provinces face aluminium price drop
A00 aluminium ingot price has decreased by RMB 10 per tonne, officially closing at RMB 18,460 per tonne, as the Shanghai Metals Market recorded on March 9. The average prices are expected to range between RMB 18,440 per tonne and RMB 18,480 per tonne, with spot contracts trading at discount prices...
Hindalco sharply cuts its aluminium ingot price by INR6000/t with effect from March 7
Hindalco Industries Limited significantly reduced its aluminium ingot and aluminium products prices on Wednesday, March 7, in line with the LME aluminium price plunge over the past three days. The company has axed its aluminium ingot price by INR 6,000 per tonne or 2.67 per cent, with effect from...
A00 aluminium ingot price in China returns to RMB18470/t on March 8; Aluminium alloys prices lose RMB100/t
A00 aluminium ingot price in China has again lost RMB 100 per tonne, which it gained the earlier day, according to the Shanghai Metals Market survey. Therefore, as of March 8, the price has returned to RMB 18,470 per tonne, with average prices estimated to range between RMB 18,450 per tonne and RMB...
LME benchmark aluminium price marks US$9/t dive to US$2312.50/t; SHFE plunges by US$37/t
LME aluminium opened at US$2,385 per tonne on Tuesday and closed at US$2,347 per tonne, down US$35 per tonne or 1.47 per cent. On March 7, Tuesday, the LME aluminium cash bid price dropped down by US$9 per tonne or 0.39 per cent to stop at US$2,312 per tonne, and the LME aluminium official...
Vedanta’s aluminium products prices see a slash of INR5750/t with effect from March 7
Vedanta Limited has axed its aluminium products prices by INR 5,750 per tonne on Tuesday, March 7, following a hike last week. The company’s latest price slash has brought its aluminium wire rod price to INR 227,250-234,750 per tonne versus INR 233,000-240,500 per tonne on March 2. Vedanta’s...
LME aluminium price drops by US$40/t to US$2,321.50/t; SHFE price moves down to US$11/t
LME aluminium opened at US$2,398 per tonne on Monday and closed at US$2,389 per tonne, down US$16 per tonne or 0.67 per cent. On Monday, March 6, both LME aluminium cash bid price and LME aluminium official settlement price dropped by US$40 per tonne or 1.69 per cent to halt at US$2,321 per tonne...
China’s A00 aluminium ingot price glides up by RMB100/t; Alumina price in Guizhou sheds RMB10/t
A00 aluminium ingot price has seen RMB 100 per tonne augmentation, halting at RMB 18,570 per tonne, as the Shanghai Metals Market recorded on March 7. The average prices are expected to range between RMB 18,550 per tonne and RMB 18,590 per tonne, with spot contracts trading at discount prices of...
Global aluminium producers offer $125-145/t shipment premiums to Japanese buyers for 2Q2023
According to Marubeni Corp, a major Japanese integrated trading and investment business conglomerate, global aluminium producers have mutually agreed to propose $125-145 per tonne of premiums to Japanese buyers for the second quarter of 2023. The news came on March 6 after five sources directly...
China’s alumina spot price drops by RMB5/t; A00 aluminium ingot price registers a W-o-W decline of RMB140/t
The average alumina spot price in China has started the week on Monday, March 6, with a drop of RMB 5 per tonne (US$0.73/t) to stand at RMB 2,936 per tonne (US$425.81/t), found the Shanghai Metals Market. In Guangxi, the alumina price has decreased by RMB 20 per tonne (US$2.9/t) to peg at RMB 2,835...
LME benchmark aluminium price slips by US$5/t to US$2361.5/t; SHFE aluminium price loses US$3/t
LME aluminium opened at US$2,398 per tonne last Friday and closed at US$2,393.5 per tonne, down US$6 per tonne or 0.25 per cent. On March 3, Friday, the LME aluminium cash bid price stooped down by US$4.50 per tonne or 0.19 per cent to close at US$2,361 per tonne and the LME aluminium official...
Vedanta’s aluminium wire rod price undergoes a hike of INR4500/t with effect from March 2
Vedanta Limited elevated its aluminium products prices by INR 4,500 per tonne on Thursday, March 2, after the last revision about a week ago on February 25. The latest hike has brought the company’s aluminium wire rod price to INR 233,000-240,500 per tonne versus INR 228,500-236,000 per tonne on...
China’s A00 aluminium ingot price moves up by RMB20/t to RMB18,550/t; Low carbon aluminium price grows to RMB19,152/t
On Friday, March 3, A00 aluminium ingot price in China has moved up by RMB 20 per tonne to stand at RMB 18,550 per tonne. The average prices for the same are likely to range between RMB 18,530 per tonne and RMB 18,570 per tonne, with the spot contract price to be traded at a discount price of RMB...
LME aluminium benchmark price stands slightly higher at US$2366.5/t; SHFE price slips by US$12/t
Three-month LME aluminium opened at US$2,441.50 per tonne on Thursday, March 2, and closed at US$2,395.50 per tonne, down US$48.50 per tonne or 1.98 per cent. LME aluminium cash bid price and LME aluminium official settlement price continued to grow but at a much lower rate. The former grew by only...
Hindalco elevates its aluminium ingot price by INR4750/t on March 2 after successive cuts last week
Hindalco Industries Limited has increased its aluminium ingot and aluminium products prices on Thursday, March 2, after consecutive cuts last week during February 23-25. The company has added INR 4,750 per tonne to its aluminium ingot price to bring it to INR 224,750 per tonne versus INR 220,000...
