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 price inches up by US$1/t to US$2,343/t; SHFE price slips to US$2,687 per tonne
LME aluminium opened at US$2,408 per tonne on Wednesday, with its high and low at US$2,433 per tonne and US$2,371 per tonne, respectively, before closing at US$2,375 per tonne, a drop of US$20.5 per tonne or 0.86 per cent. On Wednesday, December 28, both LME aluminium cash bid price and LME...
China’s A00 aluminium ingot price crash dives by RMB260/t; Low carbon aluminium price loses RMB265/t
A00 aluminium ingot price has plummeted by RMB 260 per tonne, resting at RMB 18,710 per tonne, as the Shanghai Metals Market recorded on Thursday, December 29. The average prices are expected to range between RMB 18,690 per tonne and RMB 18,730 per tonne, with spot contracts trading at a discount...
Japanese buyers agree to pay a 13% lower aluminium premium in Q1 than in Q4
On December 28, 2022, four industry experts involved in the pricing discussions informed that some Japanese aluminium buyers agreed to pay global producers a premium of $86 per tonne over the benchmark price for January-March shipments, down 13% from the current quarter. The amount is less than the...
A00 aluminium ingot price in China shrinks by RMB90/t to hover below RMB19000/t
According to the Shanghai Metals Market, A00 aluminium ingot price has slumped by RMB 90 per tonne to stand at RMB 18,970 per tonne on Tuesday, December 28. That followed a stupendous growth of RMB 300 per tonne on the previous day. The average prices today are expected to range between RMB 18,950...
SHFE jumps up US$9/t to US$2726/t; LME remains closed to honour Boxing Day
Today, on December 28, the SHFE benchmark aluminium price has ascended by US$9 per tonne or 0.33 per cent to reside at US$2,726 per tonne. Overnight, the most-traded SHFE 2302 aluminium contract opened at RMB 19,060 per tonne, with its low and high at RMB 18,980 per tonne and RMB 19,015 per tonne...
SHFE price mounts to US$2,717/t; LME aluminium is closed for Christmas holiday
Today, on December 27, the SHFE benchmark aluminium price has hiked by US$51 per tonne or 1.91 per cent to reside at US$2,717 per tonne. The most-traded SHFE 2301 aluminium closed up 0.46 per cent or RMB 85 per tonne at RMB 18,715 per tonne, with open interest down 18,232 lots to 76,410 lots....
China’s A00 aluminium ingot price skyrockets by RMB300/t; Aluminium alloy (A365) price marks RMB300/t hike
A00 aluminium ingot price has surged by RMB 300 per tonne, resting at RMB 19,060 per tonne, as the Shanghai Metals Market recorded on Tuesday, December 27. The average prices are expected to range between RMB 19,040 per tonne and RMB 19,080 per tonne, with spot contracts trading at premium prices...
China’s A00 aluminium ingot price slumps by RMB40/t to RMB 18,760 /t; Low carbon aluminium price slips to RMB19,369/t
On Monday, December 26, A00 aluminium ingot price in China slipped by RMB 40 per tonne to stand at RMB 18,760 per tonne, with the average prices standing between RMB 18,740 per tonne and RMB 18,780 per tonne. The spot contract price is expected to be traded at a premium price of RMB 120 to RMB 160...
NALCO’s aluminium ingot price inches up by INR1400/t with effect from December 24
National Aluminium Company Limited (NALCO) has slightly elevated its aluminium ingot and aluminium products prices by INR 1,400 per tonne, with effect from Saturday, December 24, following two back-to-back cuts on December 15 and 21. The raise on December 24 has brought NALCO’s aluminium ingot...
LME benchmark aluminium price slips by US$20/t; SHFE gains US$2/t after Christmas week
LME aluminium opened at US$2,391.5 per tonne last Monday, with its high and low at US$2,410 per tonne and US$2,363 per tonne respectively before closing at US$2,395.5 per tonne, an increase of US$3.5 per tonne or 0.15 per cent. On December 23, Friday, LME aluminium cash bid price slumped by...
Hindalco Industries lifts aluminium wire rod price by INR3250/t with effect from December 22
Hindalco Industries Limited has lifted its aluminium products prices by INR 3,250 per tonne, with effect from Thursday, December 22, following back-to-back cuts over a week. With the latest hike, Hindalco’s aluminium wire rod price has come in at INR 235,850 per tonne versus INR 232,600 per tonne...
Price of Silicon, an alloying element of aluminium, sinks by 1% in its debut at the Guangzhou Futures Exchange
China, the world's biggest manufacturer of industrial silicon, recorded a drop of 1 per cent on Thursday in their debut at Guangzhou Futures Exchange, China's newest commodities market. The market was established year to concentrate on "new energy" elements like lithium and rare earths. Industry...
LME aluminium price moves up by US$5/t to US$2,362/t; SHFE price slips by US$19/t
LME aluminium opened at US$2,396 per tonne on Thursday, with its high and low at US$2,411 per tonne and US$2,380 per tonne, respectively, before closing at US$2,392 per tonne, down US$3.5 per tonne or 0.15 per cent. On Thursday, December 22, both LME aluminium cash bid price and LME aluminium...
China’s A00 aluminium ingot price reduces by RMB20/t; Alumina price in Shandong acquires RMB15/t
A00 aluminium ingot price has plunged by RMB 20 per tonne, resting at RMB 18,800 per tonne, as the Shanghai Metals Market recorded on Friday, December 23. The average prices are expected to range between RMB 18,780 per tonne and RMB 18,820 per tonne, with spot contracts trading at premium prices of...
NALCO aluminium ingot price further shrinks by INR5800/t with effect from December 21
National Aluminium Company Limited (NALCO) has further slashed its aluminium ingot and aluminium products prices by INR 5,800 per tonne, with effect from Thursday, December 21. The latest cut has brought the company’s aluminium ingot price at INR 222,850- 226350 per tonne, compared to INR 228,650-...
Alumina spot price in China hikes to RMB2,920/t; A00 aluminium ingot price grows by RMB40/t
On Thursday, December 22, the average alumina spot price has grown by RMB 7 per tonne to close at RMB 2,920 per tonne. On the same day, the prices in Shandong and Shanxi have gone up by RMB 10 per tonne to settle at RMB 2,895 per tonne and RMB 2,960 per tonne. As per the data, both Guizhou and...
LME benchmark aluminium price marks an elevation of US$27.5/t; SHFE witnesses US$10/t spike
LME aluminium opened at US$2,377 per tonne on Wednesday, with its high and low at US$2,418 per tonne and US$2,376 per tonne respectively before closing at US$2,392 per tonne, a gain of US$20.5 per tonne or 0.86 per cent. On December 21, Wednesday, LME aluminium cash bid price jumped up by US$26 per...
Vedanta’s aluminium wire rod & billet prices experience a loss of INR3000/t on Dec. 20
Vedanta Limited has curtailed its aluminium products and aluminium ingot prices by INR 3,000 per tonne, with effect from December 20. That followed a cut of INR 2,750 per tonne in the previous week, December 17. With the latest cut, Vedanta’s aluminium wire rod price has come in at INR 230,000-...
