H1’26 LME aluminium stocks dip 31.82%: Russian sanctions & Gulf crisis pack a double blow
As we reflect on the Middle East crisis that commenced on February 28, 2026, and stretched into the second half of the year, it brings to mind the dramatic rise and fall of the London Metal Exchange (LME) aluminium price that reached four-year highs before cooling down. The skyrocketing prices...
Macro rate hike expectations pressure aluminium prices, while China's continued destocking underpins the market
Futures: The most-traded SHFE aluminium 2610 contract closed at RMB 24,000 per tonne, down RMB 190 from yesterday's settlement price, a decline of 0.79 per cent. It opened at RMB 24,100.00 per tonne during the day and fluctuated within a range of RMB 23,920-24,100 per tonne. The price traded below...
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A00 aluminium price climbs RMB 20/t; Aluminium alloy (ADC12) stands at RMB 14050/t
A00 aluminium ingot price climbed by RMB 20 per tonne to stand at RMB 14540 per tonne on Thursday, 03 September 2020, from Wednesday’s price of RMB 14520 per tonne. The price registered an increase after two days of decline. The price is expected to range at RMB 14520-14560 per tonne. In Foshan and...
LME aluminium price ended lower at $1778.5/t, and so the price of SHFE at $2118/t
The US dollar bounced off two-year lows on Wednesday as US data pointed to a firm manufacturing activity. Economic data published on Tuesday showed US manufacturing activity accelerated to a nearly two-year high in August amid a surge in new orders, with the reading from the Institute for Supply...
A00 aluminium ingot price slips RMB 180/t; Prebaked anode spot price in Southwest China stands at RMB 3260/t
A00 aluminium ingot price slipped by RMB 180 per tonne from Tuesday’s price of RMB 14700 per tonne. The price now stood at RMB 14520 per tonne on Wednesday, 02 September 2020 and is expected to move within a range of RMB 14500-14540 per tonne. In Foshan and Wuxi, the price inched down by RMB 190...
Three-month LME aluminium closed Tuesday’s trading at US$1,818.5/t; SHFE aluminium decreased 0.27%
Three-month LME aluminium rose 1.14% to end at US$1,818.5 per tonne on Tuesday. The contract is expected to fluctuate at high levels today amid the weak US dollar index. As of Tuesday September 1, LME aluminium cash (bid) price stands at US$ 1781.50 per tonne, LME official settlement price stands...
Prebaked anode price in East China market edged higher by RMB 80/t; Aluminium Fluoride stood at RMB 7850/t
Prebaked anode price in East China market has edged higher by RMB 80 per tonne after remaining flat at RMB 2930 per tonne since August 3. As of Tuesday, 01 September 2020, prebaked anode price ranged at RMB 2840-3180 per tonne; the average price stood at RMB 3010 per tonne. Prebaked anode prices in...
SHFE aluminium price rose marginally by $1/t to $2154/t, most-liquid SHFE 2010 contract ended 0.7% lower
The US dollar hit a more than two-year low and a fourth straight month of losses on Monday in the wake of the US Federal Reserve’s policy shift on inflation. It is down 1.24 per cent for the month, marking its worst August in five years and the longest run of monthly losses since the summer of...
Three-month LME aluminium ended 0.12% higher at US$1,798/t on Friday; SHFE aluminium edged up 0.07%
Three-month LME aluminium broke above US$1,800 per tonne to a more than half-year high of US$1,806 per tonne on Friday, ending 0.12% higher at US$1,798 per tonne. As of Friday August 28, LME aluminium cash (bid) price stands at US$ 1762 per tonne, LME official settlement price stands at US$ 1762...
A00 aluminium ingot price begins the week with a rise of RMB80/t, while aluminium alloy(A356) price grows to RMB15350/t
According to the Shanghai Metals Market, A00 aluminium ingot price has grown by RMB 80 per tonne on Monday, August 31, to stand at RMB 14,760 per tonne, following two consecutive declines of RMB 40 per tonne and RMB 50 per tonne to come in at RMB 14,680 per tonne. The average prices today are...
UK aluminium scrap price stood at £1,200-1,250 per tonne this week, surpassing pre-COVID19 pandemic levels
According to a recent report, the United Kingdom’s secondary aluminium prices extended rise on Wednesday, August 26, as limited regional supply drove LM24 ingot prices above the levels seen before the COVID-19 pandemic. The UK secondary aluminium market suffered considerably due to the COVID19...
Weekly update: Alumina price in China ended the week higher; A00 aluminium price saw mixed performance
The alumina price in China continued to remain flat over the week. The price on Monday, August 24, increased by RMB 17 per tonne to stand at RMB 2347 per tonne. The price did not show any movement on Tuesday, Wednesday and Thursday. The price stood higher at RMB 2360 per tonne on Friday, August 28....
LME aluminium price settled higher this week at $1762/t amidst incessant opening stock decline; SHFE trended up at $2128/t
Three-month LME aluminium started the week on Monday, August 24, with a growth of 0.11 per cent to stand at US$ 1770 per tonne. On Tuesday, the price settled 0.51 per cent higher at US$ 1779 per tonne, which however, weakened a bit by 0.17 per cent on Wednesday, August 26, to end at US$ 1776 per...
Bauxite price in Shanxi up by RMB10/t; Alumina price stands at RMB 2360/t
The average Bauxite (4.5≤Al/Si＜5.5) price in Shanxi stands at RMB 390 per tonne on Friday, 28 August 2020, an increase of RMB 10 per tonne, after remaining flat at RMB 380 per tonne since July 2. The average price is expected to move within a range of RMB 360-RMB 420 per tonne. The average spot...
Three-month LME aluminium ended 11% higher at $1779/t; SHFE declined to $2128/t after three consecutive hikes
The US dollar gained on Thursday, August 27, in choppy trading after Federal Reserve Chairman Jerome Powell said, as widely expected, that the US central bank would roll out an aggressive new strategy to lift US employment and inflation. Three-month LME aluminium fluctuated widely on Thursday,...
Chalco’s H1 profit declines 95% Y-o-Y on lower aluminium prices and fall in production below Russian rival Rusal
Aluminum Corporation of China Limited, popularly known as Chalco, reported on Thursday, August 27, that its profit fell 95 per cent year-on-year in the first half of 2020, attributing to lower aluminium and alumina prices and decrease in primary aluminium production. The net income of the company...
Primary aluminium inventories in China loss 7,000 tonnes this week, stocks standing at 755,000 tonnes
Primary aluminium inventories in China have recorded a plunge of 7,000 tonnes this week ended on Thursday, August 27, following a rise of 25,000 tonnes in the week earlier, found Shanghai Metals Market. According to the data, the social inventories of primary aluminium have declined across eight...
Three-month LME aluminium ended at US$1,776/t; SHFE aluminium added 0.96%
Three-month LME aluminium weakened 0.17% to end at US$1,776 per tonne on Wednesday. As of Wednesday August 26, LME aluminium cash (bid) price stands at US$ 1737per tonne, LME official settlement price stands at US$ 1737per tonne; 3-months bid price stands at US$ 1779 per tonne, 3-months offer price...
A00 aluminium ingot price shrinks by RMB40/t after two consecutive hikes; Aluminium alloy(A356) price down by RMB50/t
On Thursday, August 29, A00 aluminium ingot price in China has declined by RMB 40 per tonne to RMB 14,730 per tonne, following two consecutive hikes from RMB 14,700 per tonne to RMB 14,770 per tonne, according to the data found by Shanghai Metals Market. Week-on-week, the price is down by RMB 60...
Alumina (Imported) price stands higher at RMB 2365/t; A00 aluminium ingot price inches up by RMB 20/t
Alumina (Imported) price has increased to RMB 2365 per tonne, representing a growth of RMB 65 per tonne after remaining unchanged at RMB 2300 per tonne since August 18. The average price is expected to move within a range of RMB 2350-2380 per tonne. Alumina price in other major China markets...
