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Cast aluminum alloy officially listed today, with a price increase of over 4% on the first day
11 JUN 20254MINS

Cast aluminum alloy officially listed today, with a price increase of over 4% on the first day

Today, the most-traded SHFE aluminum 2507 contract opened at RMB 20,075 per tonne, with a high of RMB 20,010 per tonne, a low of RMB 19,925 per tonne, and closed at RMB 19,980 per tonne, down 0.12 per cent. Trading volume was 149,000 lots, and open interest was 184,000 lots. Image source: CAST &...

Morgan Stanley: Aluminium tariff hikes may push up aluminium prices and costs for its users, increasing the likelihood of imposing additional tariffs on copper
10 JUN 20252MINS

Morgan Stanley: Aluminium tariff hikes may push up aluminium prices and costs for its users, increasing the likelihood of imposing additional tariffs on copper

Analysts from Morgan Stanley stated that US President Trump's decision to double aluminium import tariffs to 50 per cent could drive up aluminium prices and the costs for its users. Analysts noted that using a premium benchmark of 20 cents per pound for consumers purchasing aluminium in the US...

Aluminium futures leap on US-China trade negotiation optimism
10 JUN 20252MINS

Aluminium futures leap on US-China trade negotiation optimism

The world aluminium market is abuzz with optimism once again as futures of the metal on the London Metal Exchange inched higher to USD 2,460 per tonne today from a bottom of USD 2,166 per tonne in April. The hike comes against the backdrop of expectations of top-level trade talks between China and...

The price of imported alumina shifted from profit to loss, and the import window closed: SMM
10 JUN 20253MINS

The price of imported alumina shifted from profit to loss, and the import window closed: SMM

Futures Market: Overnight, the most-traded alumina 2509 futures contract opened at RMB 2,906 per tonne, with a high of RMB 2,907 per tonne, a low of RMB 2,880 per tonne, and closed at RMB 2,883 per tonne, down RMB 9 per tonne or 0.31 per cent, with open interest at 300,000 lots. Image for...

The alumina fundamentals are relatively loose, and the spot price may remain in the doldrums in the short term
09 JUN 20253MINS

The alumina fundamentals are relatively loose, and the spot price may remain in the doldrums in the short term

Futures Market: On Friday, the most-traded alumina 2509 futures contract opened at RMB 2,909 per tonne during the night session, with a high of RMB 2,922 per tonne, a low of RMB 2,889 per tonne, and closed at RMB 2,898 per tonne, down RMB 3 per tonne or 0.10 per cent from the previous close. Open...

Aluminum fluoride prices continued to weaken in June as trapped in a pattern of weak supply and demand, situation unlikely to change in the short term
06 JUN 20254MINS

Aluminum fluoride prices continued to weaken in June as trapped in a pattern of weak supply and demand, situation unlikely to change in the short term

During the May 9 to June 6 period, aluminium fluoride prices continued to weaken. As of now, SMM aluminium fluoride prices closed at RMB 9,630-9,900 per tonne, and SMM cryolite prices were quoted at RMB 7,500-9,500 per tonne. On the raw material side, for fluorspar, the current delivery-to-factory...

190% surge in US premium - how are the US market and consumers reacting to it?
06 JUN 20255MINS

190% surge in US premium - how are the US market and consumers reacting to it?

The implementation of the United States’ tariff hike to 50 per cent on June 4 instantly prompted a 4.85 per cent surge in the US Midwest duty-paid premium on the physical market on June 5, clocked at USD 973, compared to USD 928 the previous day. Image source: lme.com Trump doubled the aluminium...

Fresh trading activity drives modest gains in aluminium futures
06 JUN 20252MINS

Fresh trading activity drives modest gains in aluminium futures

Aluminium prices moved up in the futures market on June 5, 2025. Traders increased their position sizes based on favourable spot market news. On the Multi Commodity Exchange (MCX), the July aluminium futures rose by 5 paise to INR 242.10 (USD 2.82) per kilogram. This represents positive momentum...

Aluminium premiums in east China continue to narrow, with market focused on cargo shipments
06 JUN 20252MINS

Aluminium premiums in east China continue to narrow, with market focused on cargo shipments

Today, SHFE aluminium futures fluctuated in the morning session. The impact of yesterday's Sino-US tariff developments was not evident in the futures market. The fundamental factors were mixed, leading to overall market volatility. In terms of spot market performance, the spot market in east China...

Inventory drawdown in major consumption regions supports aluminium prices at SMM
04 JUN 20252MINS

Inventory drawdown in major consumption regions supports aluminium prices at SMM

Today, SHFE aluminium fluctuated upward in the morning session. Outflows from warehouses were good in major consumption areas. In terms of spot market performance, spot aluminium in eastern China performed moderately, with a focus on selling. High premiums loosened somewhat, and early in the...

Impact of the unexpected incident in Guinea has eased as imported bauxite index prices rose slightly
01 JUN 20253MINS

Impact of the unexpected incident in Guinea has eased as imported bauxite index prices rose slightly

Domestic bauxite market: The domestic bauxite market remained calm this week, with stable operations prevailing. As of today, in Shanxi, the transaction price for bauxite with an Al/Si ratio of 5.0 and 60 per cent alumina content, excluding VAT, for self-pick-up at the crushing plant, was...

For Q3 2025: High stockpiles and muted demand cut Japan aluminium premium again
30 MAY 20252MINS

For Q3 2025: High stockpiles and muted demand cut Japan aluminium premium again

For the second consecutive quarter, the premium offered by Japan’s primary aluminium buyers has further depleted, said two sources directly involved in quarterly pricing talks. Mirroring a similar20 per cent decline as seen in the previous quarter, the proposed premium for Q3 2025 has reached USD...

Aluminium slips as WBMS reports Q1 surplus of 538,700 tonnes on global output rise
30 MAY 20252MINS

Aluminium slips as WBMS reports Q1 surplus of 538,700 tonnes on global output rise

Aluminium prices slipped by 0.48 per cent, settling at ₹236.45 (USD 2.85), as seasonal domestic weakness and ongoing global trade uncertainties continued to dampen market sentiment. Despite the bearish trend, downside pressure is limited with a rise in alumina prices, driven by supply constraints...

Price spread between domestic and overseas markets narrows, alumina import window gradually opens
29 MAY 20253MINS

Price spread between domestic and overseas markets narrows, alumina import window gradually opens

Futures Market: Overnight, the most-traded alumina 2509 futures contract opened at RMB 2,985 per tonne, with a high of RMB 2,990 per tonne, a low of RMB 2,940 per tonne, and closed at RMB 2,948 per tonne, down RMB 43 per tonne or 1.44 per cent. The open interest stood at 381,000 lots. Ore: As of...

“Given that Europe is structurally a deficit market in primary aluminium, the resilience of the European market is always an important issue,” Uday Patel, senior Research Manager, Metals and Mining – Aluminium, Wood Mackenzie
28 MAY 20253MINS

“Given that Europe is structurally a deficit market in primary aluminium, the resilience of the European market is always an important issue,” Uday Patel, senior Research Manager, Metals and Mining – Aluminium, Wood Mackenzie

Uday Patel, senior research manager, Metals and Mining – Aluminium, Wood Mackenzie, has highlighted the complex dynamics currently shaping the aluminium market. He stated that geopolitical disruptions, such as the Russia-Ukraine war and rising political populism, are already weakening global trade...

Price charts in India hit by ripple effect of April’s routine of alumina and aluminium maintenance season in China
28 MAY 20254MINS

Price charts in India hit by ripple effect of April’s routine of alumina and aluminium maintenance season in China

Aluminium prices in India nudged up 0.8 per cent to INR 238.9 per kilogram, buoyed by a chain reaction unfolding in China’s refinery landscape. But this isn’t just another pricing blip, and it’s a mirror to something deeper: the calculated routine of alumina supply, energy bottlenecks, and macro...

Low inventory support vs off-season demand: Short-term aluminium prices lack clear drivers
28 MAY 20257MINS

Low inventory support vs off-season demand: Short-term aluminium prices lack clear drivers

Futures Market: Overnight, the most-traded SHFE aluminium 2507 contract opened at RMB 20,165 per tonne, with a high of RMB 20,205 per tonne, a low of RMB 20,130 per tonne, and closed at RMB 20,180 per tonne, up RMB 140 per tonne or 0.70 per cent from the previous close. LME aluminium opened at USD...

US tariff-led aluminium price volatility hits Singapore construction industry, with its GDP contribution shrinking 5%
27 MAY 20253MINS

US tariff-led aluminium price volatility hits Singapore construction industry, with its GDP contribution shrinking 5%

The Republic of Singapore, a vibrant island nation and city-state in Southeast Asia, boasts a robust construction industry, driven by government initiatives, technological advancements, and a focus on sustainability. The sector spans commercial, institutional, industrial, and infrastructure...