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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LME aluminium benchmark price gains US$20/t to US$2,270/t; SHFE price drops by US$27/t
LME aluminium opened at US$2,257.5 per tonne on Thursday, with its high and low at US$2,267 per tonne and US$2,255.5 per tonne, respectively, before closing at US$2,256 per tonne, flat from the previous trading day. On Thursday, January 5, both LME aluminium cash bid price and LME aluminium...
Alumina spot price in China floats up by RMB1/t; China’s A00 aluminium ingot price sheds RMB30/t
The average alumina spot price in China has gained RMB 1 per tonne, closing at RMB 2,929 per tonne, while the price of alumina in Henan has escalated by RMB 5 per tonne, halting at RMB 2,965 per tonne. A00 aluminium ingot price has plunged by RMB 30 per tonne, resting at RMB 17,700 per tonne, as...
Hindalco back-to-back cuts its aluminium ingot & product prices by INR7500/t
Hindalco Industries Limited has continued to trim its aluminium ingot and aluminium product prices in line with the downtrend price on the London Metal Exchange. On Thursday, January 5, Hindalco slashed its aluminium ingot price by INR 7,500 per tonne or 3.36 per cent to INR 215,500 per tonne from...
A00 aluminium ingot price in China descends to RMB 17,730/t; Alumina price inches up by RMB 1/t
On Thursday, January 5, China’s A00 aluminium ingot price decreased by RMB 290 per tonne to settle at RMB 17,730 per tonne, with the average price ranging between RMB 17,710 per tonne and RMB 17,750 per tonne. The spot contract price is expected to be traded at a discount price of RMB 80 to RMB 40...
LME benchmark aluminium price glides down by 3.74% to US$2250/t; SHFE releases US$56/t
LME aluminium opened at US$2,272 per tonne on Wednesday, with its high and low at US$2,277 per tonne and US$2,265 per tonne respectively before closing at US$2,267 per tonne, a drop of US$6 per tonne or 0.22 per cent. On January 4, Wednesday, LME aluminium cash bid price went down by US$88 per...
Vedanta’s aluminium ingot price sees a cut of INR1750/t on January 4
Vedanta Limited has reduced its aluminium ingot and aluminium products prices with effect from Wednesday, January 4. The company’s aluminium ingot price has seen a cut of INR 1,750 per tonne, reaching INR 223,750-254,250 per tonne versus INR 225,500-256,000 per tonne on January 3. Vedanta’s...
Hindalco’s first price revision of the year brings aluminium wire rod price down by INR3000/t w.e.f. January 4
Hindalco Industries Limited has revised its aluminium products and aluminium ingot prices for the first time in the New Year. With effect from Wednesday, January 4, Hindalco has cut its aluminium products prices by INR 3,000 per tonne or 1.27 per cent, bringing the aluminium wire rod price to INR...
LME aluminium price drops by US$23/t to US$2,337.5/t; SHFE price plunges to US$2,622/t
LME aluminium opened at US$2,318 per tonne on Tuesday, with its high and low at US$2,318.5 per tonne and US$2,309 per tonne, respectively, before closing at US$2,311 per tonne, a drop of US$7 per tonne or 0.3 per cent. On Tuesday, December 3, both LME aluminium cash bid price and LME aluminium...
China’s A00 aluminium ingot price plummets by RMB300/t to RMB18020/t; Low-carbon aluminium drops RMB380/t
A00 aluminium ingot price has nosedived by RMB 300 per tonne, resting at RMB 18,020 per tonne, as the Shanghai Metals Market recorded on Wednesday, January 4. The average prices are expected to range between RMB 18,000 per tonne and RMB 18,040 per tonne, with spot contracts trading at discount...
NALCO adds INR1000/t to its aluminium ingot selling price with effect from January 1, 2023
A week after the last update, National Aluminium Company Limited (NALCO) slightly increased its aluminium ingot and aluminium products prices on January 1, 2023. The company’s aluminium ingot price welcomed the New Year, reaching INR 225,250-228,750 per tonne, up by INR 1,000 per tonne from INR...
China’s A00 aluminium ingot price drops to RMB18,320/t; Low carbon aluminium price slumps by RMB380/t
On Tuesday, January 3, A00 aluminium ingot price in China has declined by RMB 360 per tonne to settle at RMB 18,320 per tonne, with the average prices expected to range between RMB 18,300 per tonne and RMB 18,340 per tonne. The spot contract price is expected to be traded at a discount price of RMB...
SHFE aluminium price droops down to US$2678/t with US$14/t loss; LME is closed for New Year Holidays
Today, on January 3, the benchmark aluminium price for SHFE has plunged by US$14 per tonne or 0.52 per cent to halt at US$2,678 per tonne. The most-traded SHFE 2302 aluminium contract opened at RMB 18,720 per tonne at last Friday’s day session, with its high and low at RMB 18,770 per tonne and RMB...
LME aluminium price closes the week with a dip of US$11/t; SHFE market is closed for New Year’s Holiday
On Friday, December 30, both LME aluminium cash bid price and LME aluminium official settlement price closed the week with a dip of US$11 per tonne or 0.46 per cent to close at US$2,360 per tonne and US$2,360.50 per tonne. As per the SMM data, 3-month bid price and 3-month offer price also slipped...
Primary Aluminium weekly recap: Talks to reopen Alcoa Intalco smelter go south due to high cost of power; Rusal renews agreement with En+ Group subsidiary KraMZ until 2023
The global primary aluminium industry is moving towards a more sustainable and greener environment. To begin with, EU signed the world's first carbon tariff agreement. According to the sources, the carbon border adjustment mechanism (CBAM) will protect the European industry against importing less...
Hindalco’s aluminium wire rod & billets prices accumulate INR1250/t over a week
Hindalco Industries Limited has further increased its aluminium products prices, with effect from Friday, October 30, although at a lower rate than the previous day. With the latest rise, Hindalco’s aluminium wire rod price has come in at INR 237,100 per tonne, down by INR 1,250 per tonne from INR...
China’s A00 aluminium ingot price dips by RMB30/t to RMB18,680/t; Low carbon aluminium price falls to RMB18,252/t
On Friday, December 30, China's A00 aluminium ingot price climbed up by RMB 30 per tonne to halt at RMB 18,680 per tonne, with the average prices standing between RMB 18,660 per tonne and RMB 18,700 per tonne. The spot contract price is expected to be traded at a discount price of RMB 50 to RMB 10...
LME benchmark aluminium price hovers up US$28.5/t; SHFE gets US$5/t boost
LME aluminium opened at US$2,376 per tonne on Thursday, with its high and low at US$2,417 per tonne and US$2,372 per tonne, respectively, before closing at US$2,411.5 per tonne, an increase of US$36.5 per tonne or 1.54 per cent. On December 29, Thursday LME aluminium cash bid price jumped up by...
Vedanta’s aluminium ingot price slips by INR1250/t with effect from December 27
Vedanta Limited trimmed its aluminium ingot and aluminium products prices by INR 1,250 per tonne on Tuesday, December 27, following a raise of INR 3,000 per tonne on December 22. That brought the company’s aluminium ingot price to INR 224,250-255,250 per tonne versus INR 225,500-256,500 per tonne...
