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Fundamental weakness makes it difficult to sustain upward momentum in aluminium prices; short-term price correction observed
25 FEB 20256MINS

Fundamental weakness makes it difficult to sustain upward momentum in aluminium prices; short-term price correction observed

Futures Market: Overnight, the most-traded SHFE aluminium 2504 contract opened at RMB 20,670 per tonne, hit a high of RMB 20,730 per tonne, a low of RMB 20,590 per tonne, and closed at RMB 20,600 per tonne, down RMB 135 per tonne or 0.65 per cent. Yesterday, LME aluminium opened at USD 2,677 per...

The spot-futures price spread narrowed to a discount of RMB 19/t, domestic alumina exports may have been halted
25 FEB 20254MINS

The spot-futures price spread narrowed to a discount of RMB 19/t, domestic alumina exports may have been halted

Futures market: During the night session, the most-traded alumina 2505 futures contract opened at RMB 3,400 per tonne, with a high of RMB 3,420 per tonne and a low of RMB 3,391 per tonne, eventually closing at RMB 3,402 per tonne, up RMB 18 per tonne or 0.52 per cent, with an open interest of...

Tug-of-war between longs and shorts in the aluminium market intensifies, is expected to support bottom resilience
22 FEB 20256MINS

Tug-of-war between longs and shorts in the aluminium market intensifies, is expected to support bottom resilience

Futures: Yesterday, the SHFE aluminium 2504 contract opened at RMB 20,865 per tonne, peaked at RMB 20,895 per tonne, hit a low of RMB 20,820 per tonne, and closed at RMB 20,860 per tonne, up RMB 70 per tonne or 0.34 per cent from the previous day. LME aluminium opened at USD 2,687 per tonne,...

A comprehensive guide to top 7 aluminium-built motorcycles under 500cc
21 FEB 20254MINS

A comprehensive guide to top 7 aluminium-built motorcycles under 500cc

Motorcycle enthusiasts, get ready to rev your engines! Whether you're a city commuter, a leisure traveller, or an adventurous rider, the two-wheeled world has some exciting new offerings for you in 2025. In this article, we'll take a closer look at seven models that are worth considering, with a...

Aluminium market: The current situation of transactions and inventory game amid "Rising" voices
20 FEB 20252MINS

Aluminium market: The current situation of transactions and inventory game amid "Rising" voices

This morning, the SHFE aluminium front-month contract fluctuated at highs near RMB 20,750 per tonne, slightly above the daily moving average. In the East China market, aluminium prices rebounded to high levels, with market sentiment dominated by a wait-and-see approach, leading to sluggish...

Aluminium prices continue to rise, with some aluminium scrap prices following suit
20 FEB 20251MINS

Aluminium prices continue to rise, with some aluminium scrap prices following suit

Today, aluminium prices rebounded again. SMM A00 spot aluminium closed at RMB 20,690 per tonne, up RMB 90 per tonne from the previous trading day. Aluminium scrap market quotations were generally stable with slight increases. The quotation for baled UBC aluminium scrap rose by RMB 0-100 per tonne...

Why Is Constellium increasing prices for flat-rolled aluminium products?
19 FEB 20252MINS

Why Is Constellium increasing prices for flat-rolled aluminium products?

Constellium, the Paris-based aluminium business, has determined to increase a minimum price of USD 0.15 per pound for all flat-rolled products shipped in the US, owing to the recent market conditions and revolving economic drivers. The price increase is to be effective immediately after...

Trade barriers continue to escalate, aluminium prices remain volatile at high levels
19 FEB 20255MINS

Trade barriers continue to escalate, aluminium prices remain volatile at high levels

Futures market: Yesterday, the SHFE aluminium 2504 contract opened at RMB 20,735 per tonne, reached a high of RMB 20,750 per tonne, a low of RMB 20,630 per tonne, and closed at RMB 20,735 per tonne, up RMB 100 per tonne or 0.48 per cent from the previous day. LME aluminium opened at USD 2,645 per...

Market volatility and geopolitical risks drive China’s aluminium prices higher
18 FEB 20255MINS

Market volatility and geopolitical risks drive China’s aluminium prices higher

The past week has been all about the dynamic shift driven by rising domestic prices, US tariff policies, and fluctuating supply-demand dynamics in the global aluminium market. According to various news platforms, Chinese aluminium spot prices have hiked to RMB 20,524 per tonne (USD 2,862 per tonne)...

Supporting the private economy: The tug-of-war between sellers and buyers continues amid a volatile pattern
18 FEB 20255MINS

Supporting the private economy: The tug-of-war between sellers and buyers continues amid a volatile pattern

Futures market: Yesterday, the most-traded SHFE aluminium 2504 contract opened at RMB 20,645 per tonne, reached a high of RMB 20,690 per tonne, a low of RMB 20,585 per tonne, and closed at RMB 20,660 per tonne, down RMB 50 per tonne from the previous day, with a 0.24 per cent increase. Yesterday,...

Aluminium inventory surges by 55,000 tonnes, spot discounts pattern remains unchanged
17 FEB 20252MINS

Aluminium inventory surges by 55,000 tonnes, spot discounts pattern remains unchanged

This morning, the centre of the most-traded SHFE aluminium contract gradually shifted slightly downward, fluctuating near RMB 20,550 per tonne. In the East China market, aluminium prices rose to high levels, leading to weaker restocking sentiment among downstream buyers, with most transactions...

Overseas alumina prices decline less than domestic prices, alumina export window gradually opens
16 FEB 20252MINS

Overseas alumina prices decline less than domestic prices, alumina export window gradually opens

Starting from mid-December 2024, domestic and international spot alumina prices began to decline successively. Overseas, the transaction frequency of spot alumina has been moderate in the past two months, with a total of 21 transactions recorded since December 10. Transaction prices have shown a...

Guinea bauxite prices under pressure and pull back, domestic bauxite spot market remains stable in operation
16 FEB 20252MINS

Guinea bauxite prices under pressure and pull back, domestic bauxite spot market remains stable in operation

This week, the domestic bauxite market mainly operated steadily. As of today, the self-pick-up transaction price at crushing plants for bauxite in Shanxi with an Al/Si ratio of 5.0 and alumina content of 60 per cent, excluding VAT, was approximately RMB 640-670 per tonne; in Henan, the price for...

This week's spot alumina transaction prices continued to decline, while the domestic alumina export window may gradually open
14 FEB 20253MINS

This week's spot alumina transaction prices continued to decline, while the domestic alumina export window may gradually open

As on February 13, the SMM regional weighted index was RMB 3,391 per tonne, down RMB 411 per tonne W-o-W. Among them, Shan Dong reported RMB 3,250-3,350 per tonne, down RMB 425 per tonne W-o-W; Henan reported RMB 3,350-3,450 per tonne, down RMB 375 per tonne W-o-W; Shanxi reported RMB 3,250-3,450...

Processing fees struggle to stand firm on quotes, awaiting further demand rebound next week
13 FEB 20252MINS

Processing fees struggle to stand firm on quotes, awaiting further demand rebound next week

On February 13, SMM A00 aluminium closed at RMB 20,510 per tonne, down RMB 30 per tonne, with a discount of RMB 30 per tonne against the February contract flat. The Henan-Shanghai price spread was RMB 140 per tonne, up RMB 10 per tonne. SMM Central China closed at RMB 20,370 per tonne, down RMB 20...

SHFE aluminium weakly consolidates as alumina prices slightly collapse
12 FEB 20253MINS

SHFE aluminium weakly consolidates as alumina prices slightly collapse

On February 12, 2025, the most-traded SHFE aluminium 2503 contract opened at RMB 20,610 per tonne, with a high of RMB 20,690 per tonne and a low of RMB 20,520 per tonne, closing at RMB 20,575 per tonne, down 0.48 per cent. Trading volume was 96,000 lots, and open interest was 159,000 lots. On the...

Coca-Cola looking to ditch tariff impact by partially replacing aluminium with plastic or raising product prices
12 FEB 20252MINS

Coca-Cola looking to ditch tariff impact by partially replacing aluminium with plastic or raising product prices

Coca-Cola is reportedly considering raising prices of its aluminium-packaged products to offset the impact of tariffs, aligning with earlier predictions that the US-imposed 25 per cent tariff on imported aluminium would ultimately drive up consumer product costs. The US-origin soft drink company is...

NALCO raises concerns over 25% US aluminium tariffs: where will India’s export go next, and how will the market cope with surplus?
12 FEB 20253MINS

NALCO raises concerns over 25% US aluminium tariffs: where will India’s export go next, and how will the market cope with surplus?

Following Donald Trump's firm statement —"No exemptions, no exceptions" on a 25 per cent tariff on imported aluminium and steel on Tuesday, February 11—India’s state-owned National Aluminium Company Limited (NALCO) has come up with valuable insights into the potential impact on global price trends....