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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A00 aluminium ingot price in China grows by RMB70/t to RMB18,350/t; Average alumina spot price slips by RMB2/t
On Monday, November 7, A00 aluminium ingot price in China opened the week with a growth of RMB 70 per tonne to close at RMB 18,350 per tonne, with the average prices ranging between RMB 18,330 per tonne and RMB 18,370 per tonne. The spot contract price is expected to be traded at a premium price of...
Hindalco’s aluminium ingot price drops INR1500/t with effect from November 3
Hindalco Industries Limited slightly reduced its aluminium ingot and aluminium products prices on November 3, a day after it hiked the prices by INR 5,250 per tonne. On November 3, Hindalco’s aluminium ingot price saw a dip of INR 1,500 per tonne from INR 213,250 per tonne to INR 211,750 per tonne....
LME aluminium price slips by US$11/t to US$2,216/t; SHFE price expands by US$22/t
LME aluminium opened at US$2,249.5 per tonne on Thursday, with its high and low at US$2,271.5 per tonne and US$2,217.5 per tonne, respectively, before closing at US$2,260.5 per tonne, an increase of US$10.5 per tonne or 0.47 per cent. On Thursday, November 3, both LME aluminium cash bid price and...
China’s A00 aluminium price ascends by RMB30/t; Alumina price in Shandong sheds RMB15/t
A00 aluminium ingot price has glided up by RMB 30 per tonne, closing at RMB 18,280 per tonne, as the Shanghai Metals Market recorded on Friday, November 4. The average prices are expected to range between RMB 18,260 per tonne and RMB 18,300 per tonne, with spot contracts trading at the premium...
A00 aluminium ingot price in China hikes by RMB270/t; Alumina price goes down by RMB4/t
On Thursday, November 3, A00 aluminium ingot price in China increased by RMB 270 per tonne to settle at RMB 18,250 per tonne, with the average prices standing between RMB 18,230 per tonne and RMB 18,270 per tonne. The spot contract price is expected to be traded at a premium price of RMB 0 to RMB...
Vedanta’s aluminium ingot price accumulates INR5250/t on November 2; products prices show no exception
Vedanta Limited has expanded its aluminium ingot and aluminium products prices, effective from Wednesday, November 2, soon after it cut the prices on the previous day. On November 1, the company reduced its aluminium ingot price by INR 2,750 per tonne to INR 210,250- 240,750 per tonne, following...
LME benchmark aluminium price dips by US$18.50/t to US$2227/t; SHFE price acquires US$12/t
LME aluminium opened at US$2,252.50 per tonne on Wednesday, with its high and low at US$2,276.50 per tonne and US$2,233 per tonne, respectively, before closing at US$2,250 per tonne, a drop of US$7 per tonne or 0.31 per cent. On November 2, Wednesday LME aluminium cash bid price plunged by US$18.50...
US domestic primary aluminium output declines for the third month in a row to 61,000 tonnes: USGS
In August 2022, the United States’ domestic primary aluminium production stood at 61,000 tonnes, falling further, although at a lower rate than the previous month, found the US Census Bureau data. The output in July fell by 14,000 tonnes M-o-M to come in at 64,000 tonnes, while that in August...
Hindalco lifts its aluminium billets price by 2.4% on Nov. 2 as LME price inaugurates the month with a hike
Hindalco Industries Limited has lifted its aluminium products and aluminium ingot prices on Wednesday, November 2, after reducing them the previous day by INR 2,500 per tonne. Hindalco’s aluminium wire rod price has been elevated by INR 5,250 per tonne or 2.40 per cent to INR 224,350 per tonne...
India: Primary aluminium producers to face compressed operating margin due to soaring production cost
On Monday, October 31, a report from CRISIL showed a high possibility of Indian primary aluminium producers’ lower operating margin by more than 1200 basis points (bps) this financial year to 22-24 per cent, owing to decreased realisations and soaring production costs. Last fiscal year, primary...
LME aluminium price gains US$48.5/t to settle at US$2,245.50/t; SHFE price up by US$19/t
LME aluminium opened at US$2,227 per tonne Tuesday, with its high and low at US$2,275 per tonne and US$2,218 per tonne, respectively, before closing at US$2,257 per tonne, an increase of US$31.5 per tonne or 1.42 per cent. On Tuesday, November 1, both LME aluminium cash bid price and LME aluminium...
China’s A00 aluminium ingot price slides down RMB60/t; Alumina price in Guangxi falls by RMB10/t
A00 aluminium ingot price has dipped by RMB 60 per tonne, halting at RMB 17,980 per tonne, as the Shanghai Metals Market recorded on Wednesday, November 2. The average prices are expected to range between RMB 17,960 per tonne and RMB 18,000 per tonne, with spot contracts trading at the discount...
Vedanta reduces its aluminium wire rod & billet prices by INR6250/t with effect from October 29
Vedanta Limited’s aluminium products prices saw a cut on Saturday, October 29, soon after they increased by INR 2,000 per tonne on the previous day. As per the last updated price chart, Vedanta’s aluminium wire rod price is standing at INR 220,500-228,000 per tonne since October 29, down by INR...
LME benchmark aluminium price slumps by 1.3% to US$2197; SHFE also loses US$21/t
LME aluminium opened at US$2,230.5 per tonne Monday, with its high and low at US$2,241 per tonne and US$2,188.5 per tonne respectively before closing at US$2,225.5 per tonne, a drop of US$8.5 per tonne or 0.38 per cent. On October 31, Monday LME aluminium cash bid price dropped by US$29.50 per...
A00 aluminium ingot price in China hikes by RMB180/t to RMB 18,040/t; Low carbon aluminium price surges to RMB 18,863/t
On Tuesday, November 1, A00 aluminium ingot price in China ascended by RMB 180 per tonne to settle at RMB 18,040 per tonne, with the average prices standing between RMB 18,020 per tonne and RMB 18,060 per tonne. The spot contract price is likely to be traded at a discount price of RMB 30 per tonne...
China’s aluminium extrusion exports in nine months of 2022 grow 2.6% YoY due to low SHFE/LME price ratio
According to the Shanghai Metals Market, China’s aluminium extrusion imports from January to September 2022 stood at 26,000 tonnes, reflecting an increase of 12.4 per cent year-on-year. The trend suggests that the total import volume through 2022 will record growth after six consecutive years of...
Hindalco’s aluminium ingot price sees a slash of 3% on October 29 after a significant hike the previous day
Hindalco Industries Limited axed its aluminium ingot and aluminium products prices, effective from Saturday, October 29, following a hike on a day before. On Friday, October 28, Hindalco increased its aluminium ingot price by INR 11,500 per tonne to sell the item at INR 217,000, while on October...
China’s A00 aluminium ingot price nosedives to RMB17860/t; Bauxite price in Guizhou gains RMB15/t
A00 aluminium ingot price has plummeted by RMB 440 per tonne to close at RMB 17,860 per tonne, as the Shanghai Metals Market recorded on Monday, October 31. The average prices are expected to range between RMB 18,840 per tonne and RMB 17,880 per tonne, with spot contracts trading at the discount...
