LME aluminium price chart rises further to $3,325/t; stocks remain stable
The London Metal Exchange (LME) aluminium price chart continues to record an upward trend across the pricing and contract segments on the September 8 trading session, reporting gains over the September 7 close . Opening stocks remained stable, not reporting any further decline. The LME aluminium...
LME aluminium price rises to $3,310/t: Can EGA and Alba repairs bring back 2025 levels?
The London Metal Exchange (LME) aluminium price reported improvements across the pricing and contract segments on the September 7 close, recovering from the downward trend reported at the September 4 session . As the repair and operations stabilise at the facilities of Emirates Global Aluminium...
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Supply-demand imbalance coupled with cost disturbances led to a decline in ADC12 prices in Q2
Impacted by the US reciprocal tariff, the most-traded SHFE aluminium contract began a sharp decline from above the RMB 20,000 threshold in early April, and then continued to oscillate within the range of RMB 19,000-20,000 per tonne. In April (calendar month), the SMM average spot aluminium price...
Indo-Pak standoff: A repeat of aluminium trade disruptions like the Ukraine-Russia conflict?
Geo-political conflicts often have ripple effects on metal markets, disrupting trade flows and driving commodity price volatility. A clear example is the ongoing Ukraine-Russia conflict, which has altered the dynamics of the global aluminium market. Firstly, within less than a month following the...
India: Supply crunch drives secondary aluminium prices higher in Apr'25; trend to continue in May
India's secondary aluminium market saw an increase in prices in April 2025, driven by rising demand and persistent shortage in raw material availability. This supply-demand imbalance pushed alloyed ingot prices higher, particularly in the northern and southern parts of the country. Meanwhile,...
Expectations of weakening market demand grow stronger, with short-term domestic aluminium prices expected to fluctuate considerably
Futures : Yesterday, the most-traded SHFE aluminium 2506 contract opened at RMB 19,560 per tonne, with a high of RMB 19,615 per tonne, a low of RMB 19,530 per tonne, and closed at RMB 19,570 per tonne, up 0.46 per cent. Trading volume was 48,000 lots, and open interest was 191,000 lots. LME...
Bauxite index drops slightly, alumina cost expected to decline further
Futures Market: Overnight, the most-traded al2509 futures contract opened at RMB 2,707 per tonne, with a high of RMB 2,707 per tonne, a low of RMB 2,686 per tonne, and closed at RMB 2,700 per tonne, down RMB 7 per tonne or 0.24 per cent, with open interest at 299,000 lots. Ore: As of May 7, the SMM...
Strong Q1 2025 for AMAG: Recorded 20% growth in revenue owing to higher shipment volumes & increased aluminium prices
AMAG Austria Metall AG, the biggest company in the Austrian aluminium sector, has announced the results for Q1 2025. The company witnessed growth in both revenue and earnings, with a 10 per cent rise in shipments under the rolling division, while the Metal Division benefited from higher aluminium...
Aluminium futures rebound amid easing economic concerns, but structural challenges persist
Aluminium futures have experienced a notable recovery, climbing to USD 2,440 per tonne after reaching an eight-month low of USD 2,340 on April 9th. This upward trend aligns with gains observed in other base metals, spurred by diminishing concerns over a potential US recession, which has alleviated...
Decline in downstream operating rates coupled with concentrated arrivals after the holiday, domestic aluminium prices in the doldrums
Futures market: Before the holiday, the most-traded SHFE aluminium 2506 contract opened at RMB 20,035 per tonne, with a high of RMB 20,035 per tonne, a low of RMB 19,900 per tonne, and closed at RMB 19,910 per tonne, down 0.65 per cent. Trading volume was 73,500 lots, and open interest was 184,000...
Tariffs, tensions and tonnage: Three words primarily influencing US aluminium prices soar in 2025
In a volatile fusion of tariff tensions, supply chain snarls, and shifting trade dynamics, US aluminium import costs have surged to multi-year highs, reshaping the metals market and sending shockwaves through American manufacturing. Image for representational purposes only On April 9, 2025, the...
Ryanair warns Boeing with breakup threat as prices hint at heating owed to Trump’s tariff turbulence
Europe’s pluckiest penny-pincher in the skies, Ryanair, has donned its boxing gloves this week and squared up to Boeing. In a letter to a senior US lawmaker, chief executive Michael O’Leary declared that if President Trump’s plan to impose tariffs goes ahead, Ryanair might just give Boeing the cold...
New capacity additions combined with resumed production from maintenance capacity, alumina operating capacity rebounds by 3.48 mtpa
As of Thursday this week, the SMM Alumina Index stood at RMB 2,895.93 per tonne, up RMB 4.29 per tonne W-o-W from last Thursday. In Shandong, prices were reported at RMB 2,820-2,880 per tonne, down RMB 10 per tonne W-o-W from last Thursday. In Henan, prices were reported at RMB 2,870-2,930 per...
SMM: Most-traded SHFE aluminium contract remained firm, and aluminium billet processing fees held steady
On April 30, SMM A00 aluminium was quoted at RMB 20,060 per tonne, up RMB 40 per tonne from the previous trading day, with a discount of RMB 10 per tonne against the May contract, down RMB 10 per tonne from the previous trading day. On April 30, SMM A00 aluminium (Foshan) was quoted at RMB 19,980...
SHFE aluminium fluctuated in the morning session, with differences in trading volumes across regions reflected
Today, SHFE aluminium futures fluctuated in the morning session after a significant pullback earlier. Near 10 am, the futures market surged rapidly, approaching RMB 20,000 per tonne. In the spot market, trading conditions differed between eastern China and central China. Specifically, in eastern...
Metlen’s metal segment staggers in Q1, with aluminium reflecting over 2% degrowth
Metlen Energy and Metals has kicked off Q1 2025 with a striking surge in activity, posting total sales of EUR 1.50 billion (a 31 per cent upgrade on the EUR 1.143 billion generated in Q1 2024) steered forward by double-digit gains across Metals (an increase of 11 per cent), Energy (31 per cent...
SMM morning comment for SHFE aluminium
On the previous trading day's night session, the most-traded SHFE aluminium 2506 contract opened at RMB 19,950 per tonne, with a high of RMB 19,995 per tonne, a low of RMB 19,920 per tonne, and closed at RMB 19,970 per tonne, down RMB 60 per tonne or 0.30 per cent from the previous close. LME...
China's petroleum coke imports in Q1 2025 increased by 10.64% Y-o-Y, and imports in Q2 are expected to rise first and then decline
According to customs data, China's petroleum coke imports in March 2025 reached 1.1252 million tonnes, down by 4.63 per cent M-o-M but up 10.64 per cent Y-o-Y. The estimated import price of petroleum coke in March was USD 159.6 per tonne, up 4.68 per cent M-o-M and 1.91 per cent Y-o-Y. The...
Trump hints at easing US-China trade tensions, aluminium prices climb
On Thursday, April 24, 2025, US President Donald Trump signaled a possible easing of trade tensions with China, boosting market sentiment. As a result, aluminium price has grown in India by 1.32 per cent to INR 234.5 (USD 2.75). The optimism in the market has further been evoked by Trump’s...
Aluminium price returns to RMB 20,000/t, downstream purchase enthusiasm weakens
SHFE aluminium fluctuated in the morning session, trading above RMB 20,000 per tonne during the first trading period. In the spot market, trading in eastern China and central China was moderate, mainly due to increased spot market supply and aluminium prices returning to RMB 20,000 per tonne, which...
