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 sharply cuts its aluminium prices by INR7800/t on Feb. 7 as LME price plummets by 5% through a week
National Aluminium Company Limited (NALCO) has slashed its aluminium ingot and aluminium products prices after four successive hikes in response to the LME aluminium price plunge during February 1-7, 2023. With effect from February 7, NALCO has curtailed its aluminium ingot price by INR 7,800 per...
LME aluminium price loses US$14/t to US$2,472.50/t; SHFE price moves up by US$9/t
LME aluminium opened at US$2,547 per tonne on Tuesday and dropped to US$2,505 per tonne before closing at US$2,534 per tonne, down 0.37 per cent. On Tuesday, February 7, both LME aluminium cash bid price and LME aluminium official settlement price slipped by US$14 per tonne or 0.56 per cent to...
China’s A00 aluminium ingot price winds RMB60/t up the graph to RMB19060/t; Low carbon aluminium also gains RMB60/t
A00 aluminium ingot price has seen RMB 60 per tonne rise, halting at RMB 19,060 per tonne, as the Shanghai Metals Market recorded on February 8. The average prices are expected to range between RMB 19,040 per tonne and RMB 19,080 per tonne, with spot contracts trading at discount prices of RMB 80...
China’s alumina price gains RMB3/t to RMB 2,950/t; A00 aluminium ingot price mounts to RMB 19,000/t
The average alumina spot price in China has gone up by RMB 3 per tonne on Tuesday, February 7, after remaining restrained since January 31. The price as of today settled at 2,950, followed by a growth of RMB 10 per tonne in Shandong and Guizhou to come in at RMB 2,925 per tonne and RMB 2,880 per...
LME aluminium price glides down by US$73.5/t to US$2486.5/t; SHFE follows an upward trend to US$2810/t
LME aluminium opened at US$2,571 per tonne on Monday and dropped in European trading hours to a low of US$2,503 per tonne before closing at US$2,544 per tonne, down 0.86 per cent. On February 6, Monday, the LME aluminium cash bid price plummeted by US$72 per tonne or 2.8 per cent to stop at...
LME aluminium benchmark price drops to US$2,560/t; SHFE price falls by US$38/t
LME aluminium fell to around US$2,570 per tonne after opening at US$2,607 per tonne last Friday and closed at US$2,566 per tonne, down 1.48 per cent. On Friday, February 3, both LME aluminium cash bid price and LME aluminium official settlement price dropped by US$14 per tonne or 0.54 per cent and...
China’s A00 aluminium ingot price plummets by RMB130/t; Caustic Soda price in Shaanxi losses RMB275/t
A00 aluminium ingot price has slumped by RMB 130 per tonne, halting at RMB 18,750 per tonne, as the Shanghai Metals Market recorded on February 6. The average prices are expected to range between RMB 18,730 per tonne and RMB 18,770 per tonne, with spot contracts trading at discount prices of RMB 90...
Vedanta’s aluminium ingot price slips by INR3000/t with effect from February 3
Vedanta Limited reduced its aluminium ingot and aluminium products prices by INR 3,000 per tonne on Friday, February 3, following an increase of INR 7,000 per tonne on the previous day. On February 3, Vedanta’s aluminium ingot price came in at INR 242,500-255,500 per tonne, compared to INR...
Hindalco reduces its aluminium wire rod price by INR3250/t on February 3 after a significant hike
Hindalco Industries Limited has curtailed its aluminium products prices by INR 3,250 per tonne or 1.25 per cent, with effect from February 3. That brought the company’s aluminium wire rod price to INR 252,600 per tonne versus INR 255850 per tonne on February 2, up by INR 7,250 per tonne from...
Press Metal witnesses positive growth as aluminium demand soars
A surge in demand for aluminium is augmenting the revenue accumulation of Press Metal Aluminium Holdings Bhd, giving the company the best benefits of a structural demand shift in Malaysia's economy, as was noted by the country's indigenous research lobby, RHB. A company statement said: "We expect...
SAMR and Standardization Administration of China issue energy consumption ceilings for aluminium production
According to a recent report, the State Administration for Market Regulation (SAMR), the ministerial-level agency directly under the State Council of China, together with the Standardization Administration of the People’s Republic of China, has issued energy consumption ceilings for aluminium and...
NALCO’s aluminium ingot price gains INR1100/t as of February 1, 2023
National Aluminium Company Limited (NALCO) has slightly increased its aluminium ingot and aluminium products prices, with effect from February 1, in line with a slow growth rate of the LME aluminium benchmark price between January 26 and February 1. According to the new price chart revealed, NALCO...
A00 aluminium ingot price in China falls by RMB130/t to RMB 18,880/t; Low carbon aluminium price slips to RMB19,502/t
China’s A00 aluminium ingot price has slipped by RMB 130 per tonne to close at RMB 18,880 per tonne as of Friday, February 3. The spot contract price is expected to be traded at a discount price of RMB 100 to RMB 60 per tonne, and the average price may range between RMB 18,860 per tonne and RMB...
LME benchmark aluminium price sheds US$38.5/t; SHFE aluminium price dives down by US$30/t
LME aluminium opened at US$2,626.5 per tonne on Thursday and closed at US$2,604.5 per tonne, a decrease of US$1 per tonne or 0.04 per cent. On February 2, Thursday, the LME aluminium cash bid price slumped by US$38 per tonne or 1.45 per cent to log at US$2,572 per tonne and the LME aluminium...
China’s A00 aluminium ingot price hovers upwards by RMB50/t; Low carbon aluminium price goes RMB60/t up
A00 aluminium ingot price has escalated by RMB 50 per tonne, halting at RMB 19,010 per tonne, as the Shanghai Metals Market recorded on February 2. The average prices are expected to range between RMB 18,990 per tonne and RMB 19,030 per tonne, with spot contracts trading at discount prices of RMB...
LME aluminium benchmark price surges by US$77.5/t to US$2,611/t; SHFE price grows by US$16/t
LME aluminium opened at US$2,641.5 per tonne on Wednesday and closed the session at US$2,605.5 per tonne, down US$42.5 per tonne or 1.6 per cent. On Wednesday, February 1, both LME aluminium cash bid price and LME aluminium official settlement price surged by US$77.5 per tonne or 3.06 per cent and...
Vedanta cuts its aluminium ingot price by INR3500/t on Feb 1 in line with three consecutive LME price declines
Vedanta Limited has curtailed its aluminium ingot and aluminium products prices by INR 3,500 per tonne, with effect from February 1, 2023. That brought the company’s aluminium ingot price to INR 238,500-269,000 per tonne versus INR 242,000- 272,500 per tonne on January 31. Vedanta’s aluminium wire...
US domestic primary aluminium output records a 3% drop M-o-M in Nov’22, but daily production grows 1%
According to the US Census Bureau data, the United States domestic primary aluminium production in November 2022 stood at 62,000 tonnes, registering a decrease of 2,000 tonnes or 3.15 per cent month-on-month from 64,000 tonnes. The USGS data also shows the US primary aluminium output in November...
