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...
Grow with
AL Circle
A00 aluminium ingot price extends drop by RMB 80/t; Al Fluoride price stands at RMB 7600/t
A00 aluminium ingot price edged lower by RMB 80 per tonne to stand at RMB 14820 per tonne on Wednesday, 15 July 2020, from Tuesday’s price of RMB 14900 per tonne. This marked the second consecutive fall in aluminium ingot price. The price is expected to range at RMB 14800-14840 per tonne. In Foshan...
LME aluminium price trended down to $1640 per tonne; SHFE price slipped by $9/t
The US dollar fell to its lowest in more than a month against a basket of rivals on Tuesday as stocks on Wall Street gained. Three-month LME aluminium eased 0.44 per cent to US$1,682.5 per tonne on Tuesday in choppy trading. It is likely to move between $1,670-1,710 per tonne today. As of Tuesday,...
Three-month LME aluminium jumped to a four-month high; SHFE aluminium advanced 2.79%
The US dollar edged lower on Monday. LME aluminium inched up less than 0.1% and SHFE aluminium advanced 0.6%. Three-month LME aluminium jumped to a fresh four-month high of US$1,705 per tonne on Monday. It closed just 0.06% firmer at US$1,690 per tonne. It is likely to move between US$1,670-1,710...
A00 aluminium ingot price declines by RMB420/t after three consecutive hikes; Australian alumina FOB price grows by US$13/t
Following the three consecutive hikes from RMB 14,320 per tonne to RMB 15,320 per tonne, the A00 aluminium ingot price has recorded a sharp decline today, July 14, of RMB 420 per tonne to stand at RMB 14,900 per tonne, found Shanghai Metals Market. The average prices are expected to range between...
Alumina (Imported) price rose to RMB 2450 per tonne; A00 aluminium ingot price registered a big jump
The average spot alumina price has continued their upward track and stood at RMB 2495 per tonne on Monday, 13 July 2020, registering an increase of RMB50 per tonne from RMB 2445 per tonne. The alumina prices increased across all major markets in China, except south. The average prices of...
LME aluminium price decreased to $1639.5/t, while SHFE extended growth to $2172/t
Stocks on Wall Street were mostly higher on Friday, while the dollar slipped on Friday, July 10, as market sentiment was supported hopes of a potential vaccine for the novel coronavirus that outweighed concerns about the surge in infections in the US and around the world. The US currency posted its...
Hindalco expands its aluminium ingot price hike to INR143500/t with effect from July 10
Hindalco Industries Limited has further expanded the price hike of its aluminium ingot and aluminium product for the third consecutive day, with effect from Friday, July 10. With the latest hike, Hindalco’s aluminium ingot price is now standing at INR 143,500 per tonne, up by INR 3,250 per tonne or...
Nalco sharply increases its aluminium ingot price by nearly 4% w.e.f July 10 in line with upbeat global prices
National Aluminium Company (NALCO) has increased its aluminium ingot price sharply by INR 5,400 per tonne or 3.9 per cent with effect from Friday, July 10, following the cut on Wednesday, July 8, to INR 138,050-141,550 per tonne. Hence, the company’s aluminium ingot price is now hovering at INR...
Vedanta’s aluminium ingot price now stands at INR 142,250-155,250/t
Vedanta hikes its aluminium products price for the third time in a row. With effect from Friday 10 July 2020, the prices of some aluminium ingots are in the range of INR 142,250-155,250 per tonne, an increase of 2.34% or INR 3,250 per tonne from INR 139,000-152,000 per tonne on July 9. With the...
A00 aluminium ingot price soars by RMB230/t on continued fall in inventories; Alumina spot price expands growth to RMB26/t
A00 aluminium ingot price has recorded a sharp jump by RMB 230 per tonne to stand at RMB 14,700 per tonne on Friday, July 10, according to Shanghai Metals Market. The average prices are expected to range between RMB 14,680 per tonne and RMB 14,720 per tonne, with spot contract to be traded at a...
Vedanta hikes its aluminium products price by INR 2,250 per tonne
Vedanta hikes its aluminium products price for the second time in a row. With effect from Thursday 9 July 2020, the prices of some aluminium ingots are in the range of INR 139,000-152,000 per tonne, an increase of 1.65% or INR 2,250 per tonne from INR 136,750-149,750 per tonne on July 8. With the...
Three-month LME aluminium fell closed 0.96% lower at an intraday low of US$1,649/t; SHFE aluminium grew 1.17%
The US dollar rallied from a four-week low against a basket of rivals on Thursday. LME aluminium fell nearly 1% and SHFE aluminium advanced 0.3%. Three-month LME aluminium fell on Thursday after notching its highest since March 13 at US$1,695.5 per tonne. It ended 0.96% lower at an intraday low of...
Hindalco’s aluminium ingot price stands at INR 140,250 per tonne with effect from July 9
Hindalco Industries Ltd has raised its aluminium products price for the second time in a row. With effect from Thursday July 9, Hindalco aluminium ingots price now stands at INR 140,250 per tonne, an increase of 1.45% or INR 2,000 per tonne from INR 138,250 per tonne on July 8. The company is now...
Surge in aluminium billet shipments from east China lead to a fall in inventories on July 9
Following a rise of 6,900 tonnes last week, aluminium billet inventories in China have declined today, on July 9, due to a surge in shipments from warehouses in east China. SMM data shows the stocks of 6063 aluminium billets across the five major Chinese consumption areas have edge down 900 tonnes...
Chinese alumina price growth slows down to RMB11/t, A00 aluminium ingot price jumps by RMB150/t
The average alumina spot price in China has continued to grow for the sixth straight day, albeit slower, by RMB 11 per tonne to come in at RMB 2,419 per tonne on July 9, found Shanghai Metals Market. In the central and north, the price has grown by RMB 10 per tonne to RMB 2,425 per tonne, while...
Three-month LME aluminium scaled highest in four months to close at $1665/t; SHFE rebounded at $2062/t
The US dollar edged lower on Wednesday, July 8, as investors weighed hopes for a quick economic recovery against concerns about resurgence in the coronavirus pandemic, particularly in the US. Three-month LME aluminium scaled the highest level in four months, topping US$ 1,670 per tonne, before it...
Hindalco increases its aluminium ingot price by 1 per cent to INR138250/t with effect from July 8
Following the cut on Saturday, July 4, Hindalco Industries Limited has increased its aluminium ingot price with effect from Wednesday, July 8. With the latest hike, the company’s ingot price has come in at INR 138,250 per tonne compared to INR 136,750 per tonne on July 4, meaning an increase of INR...
Nalco’s aluminium ingot price down by over INR 2000/t after two consecutive hikes
National Aluminium Company Limited (NALCO) has cut its aluminium ingot and product prices with effect from Wednesday, July 8, following two consecutive hikes on June 20 and July 1. Nalco’s aluminium ingot price has been reduced by INR 2,100 per tonne or 1.5 per cent to INR 138,050-141,550 per...
