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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LME benchmark aluminium price adds US$32/t; SHFE grows by 0.74% to reach US$2700/t mark
LME aluminium opened at US$2,300.50 per tonne in the previous trading day, with its high and low at US$2,340 per tonne and US$2,292 per tonne, respectively, before closing at US$2,335 per tonne, up US$32 per tonne or 1.39 per cent. On March 28, the London Metal Exchange graph marked a noticeable...
China’s A00 aluminium ingot price gains RMB140/t to RMB 19,470/t; Australian alumina FOB price moves up by US$2/t
On Friday, March 29, China's A00 aluminium ingot price increased by RMB 140 per tonne to arrive at RMB 19,470 per tonne. The spot contract price is expected to be traded at a discount price of RMB 130 per tonne and RMB 90 per tonne. The average price may be between RMB 19,450 per tonne and RMB...
Hindalco Industries’ aluminium prices experience a slash of INR3500/t on March 28
Hindalco Industries Limited has updated its aluminium selling prices on two consecutive days this week in line with the LME aluminium benchmark price. On Wednesday, March 27, Hindalco increased its aluminium prices as the LME aluminium price rallied by 1.29 per cent over the two days to US$2,275.50...
India’s ADC12 aluminium ingot prices move upward despite stable raw material cost
The spot prices for Aluminium ADC12 alloy ingot (equivalent to automobile grade) witnessed a slight increase of INR 3,000 per tonne, reaching INR 211,000 per tonne W-o-W exw Delhi, excluding GST. The market reflects a somewhat tense situation in Chennai, with offers at INR 182,000 per tonne....
SMM A00 aluminium ingot price moves RMB60/t upward today, down RMB10/t W-o-W; Alumina price drops by RMB2/t
The Shanghai Metals Market, on March 28, witnessed an overall upward streak, with the SMM A00 aluminium ingot price arriving at RMB 19,330 per tonne, experiencing RMB 60 per tonne growth. On a Week-on-Week scale there has been a slump of RMB 10 per tonne from RMB 19,340 per tonne recorded on March...
LME aluminium benchmark price drops by US$37.5/t; SHFE price moves up by US$4/t
LME aluminium opened at US$2,303 per tonne in the previous trading day, with its high and low at US$2,309.5 per tonne and US$2,276 per tonne, respectively, before closing at US$2,303 per tonne, up US$3 per tonne or 0.13 per cent. On Wednesday, March 27, both LME aluminium cash bid price and LME...
LME benchmark aluminium price grows 0.35% after hitting 11-weeks high, up US$135/t M-o-M; SHFE drains 0.92% today
LME aluminium opened at US$2,329 per tonne yesterday, with its high and low at US$2,331 per tonne and US$2,296.5 per tonne, respectively, before closing at US$2,300 per tonne, down US$26.5 per tonne or 1.14 per cent. On March 26, the London Metal Exchange registered considerable escalations in...
China’s A00 aluminium ingot price gains RMB870/t Y-o-Y; Low carbon aluminium price hikes to RMB20,288/t
On Wednesday, March 27, China’s A00 aluminium ingot price slumped by RMB 180 per tonne to settle at RMB 19,270 per tonne, with the spot contract price expected to be traded at a discount price of RMB 110 per tonne to RMB 70 per tonne. On the other hand, Y-o-Y, a growth of RMB 870 per tonne, was...
SMM A00 aluminium ingot price stands RMB750/t M-o-M higher, up RMB110/t today; Alumina price loses RMB5/t
The Shanghai Metals Market on March 26 showed peak rises in the cost of aluminium, with the SMM A00 aluminium ingot price registering a rate of RMB 19,450 per tonne, gaining RMB 110 per tonne. If the aluminium price on March 19 last week is considered, we can see a stark Week-on-Week augmentation...
LME aluminium prices gain on concerns over sluggish production recovery in Yunnan; SHFE price loses US$9/t
LME aluminium opened at US$2,305 per tonne in the previous trading day, with its high and low at US$2,331 per tonne and US$2,294 per tonne respectively before closing at US$2,326.5 per tonne, up US$17.5 per tonne or 0.76 per cent. Aluminium prices surged to an 11-week high on Monday due to worries...
China's aluminium market is gaining strength
The price of primary aluminium in China is slowly adding strength. The spot price rose from RMB18950/t on March 1 to RMB19250/t today. Meanwhile, the main index price was RMB18965/t on March 1, but it closed today at RMB19455/t. These rises come despite Russian metal continuing to enter the market...
China’s A00 aluminium ingot price grows to RMB19,340/t; Low carbon aluminium price gains RMB30/t
On Monday, March 25, China’s A00 aluminium ingot price has grown by RMB 40 per tonne to settle at RMB 19,340 per tonne, with the spot contract price expected to be traded at a discount price of RMB 100 to RMB 60 per tonne. As per the data, the average prices may hover between RMB 19,320 per tonne...
LME aluminium price sheds off US$17/t but still stands 1% W-o-W high; SHFE price grows by US$16/t
LME aluminum opened at US$2,310 per tonne in the previous trading day, with high and low at US$2,312.50 per tonne and US$2,281 per tonne, respectively, before closing at $2,309 per tonne, unchanged from the previous trading day. On Friday, March 22, LME aluminium cash bid price and LME aluminium...
SMM A00 aluminium ingot price loses RMB40/t to close the week; Alumina price follows upward trend
The Shanghai Metals Market, on March 22, today has shown mixed price trends with the SMM A00 aluminium ingot price shedding RMB 40 per tonne to officially close at RMB 19,300 per tonne. The eight central provinces in China have all displayed fluctuations in aluminium prices, with the only spike...
LME aluminium price hits 11-week high amidst improved demand prospects in China; SHFE price drops to US$2,683/t
LME aluminium opened at US$2,290 per tonne in the previous trading day, with its high and low at US$2,313.5 per tonne and US$2,285.5 per tonne, respectively, before closing at US$2,309 per tonne, up US$25.5 per tonne or 1.12 per cent. On Thursday, aluminium prices surged to their highest point in...
LME benchmark aluminium price jumps every alternate day to reach US$2231.50/t; SHFE aluminium price marks 2% increase Y-o-Y
The London Metal Exchange market has shown a sudden upward streak, on March 20, with the LME aluminium cash bid price closing at US$2,231 per tonne and the LME aluminium official price halting at US$2,231.50 per tonne, gaining US$29 per tonne or 1.32 per cent. If the LME aluminium price on March 20...
China’s A00 aluminium ingot price accumulates RMB100/t overnight; Low-carbon aluminium price inflates by 0.70%
According to the Shanghai Metals Market survey, China’s domestic A00 aluminium ingot price has built up by RMB 100 per tonne overnight to stand at RMB 19,340 per tonne on Thursday, March 21. The average prices are expected to range between RMB 19,320 per tonne and RMB 19,360 per tonne, with spot...
Coke imports remain high in China
The domestic China petcoke market remains relatively stable, with the usual price dips and peaks within a channel. One of the reasons why the price won't rise to previous highs is down to the enormous volumes of coke being held at port. According to the team, China currently holds as much as 4...
