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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China’s A00 aluminium ingot price goes up RMB20/t; Caustic soda price in Guangxi plunges RMB200/t
A00 aluminium ingot price has heightened by RMB 20 per tonne, closing at RMB 19,020 per tonne, as the Shanghai Metals Market recorded on Tuesday, November 22. The average prices are expected to range between RMB 19,000 per tonne and RMB 19,040 per tonne, with spot contracts trading at premium...
NALCO’s aluminium ingot price sees the first cut this month by INR2900/t with effect from Nov.19
National Aluminium Company Limited (NALCO) has cut its aluminium ingot and aluminium products prices, effective from Saturday, November 19, after three consecutive hikes since the beginning of the month. NALCO’s aluminium ingot price has seen a trim of INR 2,900 per tonne from 227,950-231,450 per...
New Zealand’s investment firm Forsyth Barr predicts: Tiwai Point aluminium smelter to remain active till 2039
New Zealand-based Forsyth Barr, a firm specialising in innovative financial services and investment solutions, has claimed that the Tiwai Point aluminium smelter is scheduled to remain open till 2039 but will require more expenditure for power deals. Tiwai Point aluminium smelter is primarily owned...
China’s A00 aluminium ingot price slumps to RMB19000/t level; Alumina price in Guangxi suffers a loss of RMB10/t
A00 aluminium ingot price in China started the week on Monday, November 21, with a slump of RMB 250 per tonne to the level of RMB 19,000 per tonne, found the Shanghai Metals Market. The average prices are expected to range between RMB 18,980 per tonne and RMB 19,020 per tonne, with a spot contract...
LME benchmark aluminium price soars by US$26.5/t arriving at US$2369/t; SHFE plunges US$35/t
LME aluminium opened at US$2,395 per tonne last Friday and closed at US$2,415 per tonne, an increase of US$20 per tonne or 0.84 per cent. On November 18, Friday LME aluminium cash bid price escalated to US$2368 per tonne after US$26 per tonne or 1.11 per cent was added last week, and the LME...
Vedanta’s aluminium ingot price experiences a cut of INR3500/t with effect from November 18
Vedanta Limited reduced its aluminium ingot and aluminium products prices by INR 3,500 per tonne on Friday, November 18. With the latest cut, Vedanta’s aluminium ingot price hovered around 221,250-252,250 per tonne versus INR 224,750- 255,750 per tonne on November 17. Vedanta’s aluminium wire rod...
Hindalco back-to-back cuts its aluminium wire rod, billets price to sell them at INR231,350/t & INR236,600/t
Hindalco Industries Limited has cut its aluminium products and aluminium ingot prices for the two successive days – November 17 and 18. On Thursday, November 17, Hindalco trimmed its aluminium wire rod price by INR 1,750 per tonne from INR 235,350 per tonne on November 16 to INR 233,600 per tonne...
China’s A00 aluminium ingot price glides up by RMB260/t; Low carbon aluminium acquires RMB200/t
A00 aluminium ingot price has shot up by RMB 260 per tonne, closing at RMB 19,250 per tonne, as the Shanghai Metals Market recorded on Friday, November 18. The average prices are expected to range between RMB 19,230 per tonne and RMB 19,2 70 per tonne, with spot contracts trading at a discount...
LME aluminium benchmark price slumps by US$50.5/t; but SHFE price heightens by US$34/t
Three-month LME aluminium opened at US$2,412 per tonne on Thursday, with high and low at US$2,419.5 per tonne and US$2,361 per tonne, respectively, before closing at US$2,379 per tonne, a drop of US$15 per tonne or 0.62 per cent. On Thursday, November 17, LME aluminium cash bid price and LME...
NALCO’s aluminium ingot price continues to grow back-to-back accumulating INR5600/t on Nov. 16
National Aluminium Company Limited (NALCO) has continued to increase its aluminium ingot and aluminium products prices, for the third time in a row, with effect from Thursday, November 16. The company has hiked its aluminium ingot price by INR 5,600 per tonne or 2.5 per cent from INR 222,350-...
A00 aluminium ingot price in China hikes by RMB140/t to RMB 18,990/t; Low carbon aluminium price gains RMB93/t
On Thursday, November 17, the A00 aluminium ingot price hiked by RMB 140 per tonne to settle at RMB 18,990 per tonne, with the average prices ranging between RMB 18,970 per tonne and RMB 19,010 per tonne. The spot contract price is expected to be traded at a premium price of RMB 30 per tonne and 70...
LME benchmark aluminium price shrinks by US$17/t; SHFE aluminium price trickles down US$16/t
LME aluminium opened at US$2,440 per tonne on Wednesday, with its high and low at US$2,459 per tonne and US$2,385 per tonne, respectively, before closing at US$2,403 per tonne, a drop of US$49.5 per tonne or 2.02 per cent. On November 16, Wednesday LME aluminium cash bid price and LME aluminium...
Vedanta’s aluminium wire rod & billet prices further elevate by INR2000/t with effect from Nov. 16
Vedanta Limited’s aluminium products prices have witnessed further expansion over the past four days ending November 16. The company’s aluminium wire rod price has been grown by INR 2,000 per tonne to INR 234,000-241,500 per tonne, following a significant hike of INR 9,250 per tonne on Saturday,...
Hindalco expands its aluminium ingot price by INR2000/t with effect from November 16
Hindalco Industries Limited has extended its aluminium ingot and aluminium products price hike, with effect from Wednesday, November 16, although at a lower rate than November 12. Hindalco has expanded its aluminium ingot price by INR 2,000 per tonne from INR 222,250 per tonne on November 12 to INR...
Alumina price in Lianyungang slants down by RMB35/t; China’s A00 aluminium price marks RMB70/t spike
The average alumina price in China has lost RMB 11 per tonne, closing at RMB 2,765 per tonne, followed by RMB 35 per tonne slump in alumina prices around Lianyungang, where the price closed at RMB 2,875 per tonne. The price of alumina in Bayuquan dropped by RMB 25 per tonne, resting at RMB 2,900...
LME aluminium price gains US$18/t to US$2,410/t; SHFE price dips by US$6/t
LME aluminium opened at US$2,438 per tonne on Tuesday, with its high and low at US$2,478 per tonne and US$2,422 per tonne, respectively, before closing at US$2,435 per tonne, a drop of US$17.5 per tonne or 0.71 per cent. On Tuesday, November 15, both LME aluminium cash bid price and LME aluminium...
China’s primary aluminium production grows 9.5% in October; strong output amid weak domestic demand weighs on prices
The National Bureau of Statistics revealed China’s primary aluminium production in October 2022 increased by 9.5 per cent year-on-year, bolstered by the ease of power consumption curb than the previous year and growing exports. NBS data showed the country produced 3.45 million tonnes of the metal,...
LME benchmark aluminium price descends to US$2392/t with US$18/t loss; SHFE gains US$3/t
LME aluminium opened at US$2,464 per tonne on Monday, with its high and low at US$2,478 per tonne and US$2,408 per tonne, respectively, before closing at US$2,436 per tonne, an increase of US$27.5 per tonne or 1.12 per cent. On November 14, Monday LME aluminium cash bid price slumps by US$16.50 per...
