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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SMM A00 aluminium ingot price moves up by RMB20/t; Average alumina spot price loses RMB4/t
On Wednesday, March 13, China’s A00 aluminium ingot price ascended by RMB 20 per tonne to settle at RMB 19,150 per tonne, with the average prices between RMB 19,130 per tonne and RMB 19,170 per tonne. The spot contract price may be traded at a discount price of RMB 50 to RMB 10 per tonne. The...
LME aluminium price stands nearly a six-week high by adding US$11.5/t; SHFE price slips by US$5/t
LME aluminum opened at US$$2,250 per tonne on Tuesday, March 12, with high and low at US$2,270 per tonne and US$2,242.50 per tonne, respectively, before closing at US$2,263 per tonne, up US$11 per tonne or 0.49 per cent. On Tuesday, March 12, LME aluminium cash bid price and LME aluminium official...
Negotiations underway: Japan's aluminium premiums could jump to $155/t
Discussions are underway regarding the premium on aluminium stocked in Japan for the April to June period, involving overseas producers, domestic consumers, and major trading companies. Producers suggest a premium between $145 and $155 per tonne, indicating a substantial 61-72 per cent increase...
LME aluminium benchmark price drops to US$2,202/t; SHFE price moves up by US$14/t
LME aluminium opened at US$2,236 per tonne yesterday, with its high and low at US$2,260.5 per tonne and US$2,231.5 per tonne respectively before closing at US$2,252 per tonne, up by US$16 per tonne or 0.72 per cent. On Monday, March 11, both LME aluminium cash bid price and LME aluminium official...
China’s alumina spot price drops for the second day by RMB2/t; A00 aluminium ingot price gains RMB40/t
According to the Shanghai Metals Market survey, the average alumina spot price has dropped by RMB 2 per tonne, marking a second consecutive day of fall. On the previous day, the average alumina price decreased by RMB 4 per tonne to stand at RMB 3,328 per tonne. Today, the price has come in at RMB...
LME aluminium benchmark price reflects a W-o-W rise of 1%; SHFE price sheds off US$11/t
LME aluminum opened at US$2,246.5 per tonne last Friday, March 8, with its high and low at US$2,267 per tonne and $2,233.50 per tonne, respectively, before closing at US$2,236 per tonne, down US$16 per tonne or 0.71 per cent. On Friday, the LME aluminium cash bid and LME aluminium official...
China’s A00 aluminium ingot price opens the week with a drop of RMB70/t; Average alumina spot price loses RMB4/t
On Monday, March 11, China’s A00 aluminium ingot price dropped by RMB 70 per tonne to settle at RMB 19,090 per tonne, with the spot contract price expected to be traded at a discount price of RMB 60 to RMB 20 per tonne. The average prices may orbit between RMB 19,070 per tonne and RMB 19,110 per...
Japanese buyer shells out 48% increase in Q2 aluminium premium, settles at $130/ tonne
According to a source directly involved in pricing discussions, a Japanese aluminium buyer has agreed to pay a premium of $130 per tonne above the benchmark price for shipments scheduled from April 2024 to June 2024. This marks a significant 48 per cent increase from the previous quarter. The...
China’s A00 aluminium ingot price further builds up RMB110/t, marking 1.32% M-o-M growth
According to the Shanghai Metals Market survey, China’s domestic A00 aluminium ingot price has further increased by RMB 110 per tonne to close the week at RMB 19,160 per tonne as of March 8. That brings the aluminium ingot price to 1.05 per cent higher week-on-week than RMB 18,960 per tonne . On a...
LME aluminium benchmark price gains US$22.5/t to US$2,210 per tonne; SHFE price grows by US$18/t
LME aluminium opened at US$2,225 per tonne yesterday, with its high and low at US$2,265 per tonne and US$2,225 per tonne, respectively, before closing at US$2,252 per tonne, up by US$17 per tonne or 0.76 per cent. On Thursday, March 7, both LME aluminium cash bid price and LME aluminium official...
2023: US domestic primary aluminium production sees a 13% fall Y-o-Y; daily output mirrors the trend
According to the US Geological Survey, the United States’ domestic production of primary aluminium in December 2023 stood at 64,000 tonnes, reflecting an increase of 3,000 tonnes or 4.9 per cent M-o-M from 61,000 tonnes. On a year-on-year calculation, the output remained absolutely unchanged, as...
LME aluminium benchmark price drops US$4/t after an increase last day; SHFE price regains US$11/t
LME aluminum opened at US$2,226.50 per tonne on Wednesday, March 6, with high and low at US$2,243.50 per tonne and US$2,220 per tonne, respectively, before closing at US$2,223 per tonne, down US$5.5 per tonne or 0.25 per cent. On March 6, the LME aluminium cash bid price and LME aluminium official...
China’s A00 aluminium ingot price ascends by RMB110/t to RMB 19,050/t; Low carbon aluminium price hikes to RMB19,898/t
On Thursday, March 7, China’s A00 aluminium ingot price gained RMB 110 per tonne to settle at RMB 19,050 per tonne. The spot contract price is expected to be traded at a discount of RMB 60 to RMB 20 per tonne. The average prices may stand between RMB 19,030 per tonne and RMB 19,070 per tonne. On...
China’s alumina price loses 0.5% since March 1, with a drop of RMB3/t today; A00 aluminium ingot price discards RMB90/t
According to the Shanghai Metals Market survey, China’s average alumina spot price has continued to decline since the beginning of March and today marks the fourth consecutive day. As per SMM data, the alumina price has experienced a drop of RMB 3 per tonne on Wednesday, March 6, to stand at RMB...
LME aluminium benchmark price ascends to US$2,191.5/t; SHFE price loses US$11/t
LME aluminium opened at US$2,237 per tonne yesterday, with its high and low at US$2,241.5 per tonne and US$2,223 per tonne, respectively, before closing at US$2,226.5 per tonne, down US$7.5 per tonne or 0.34 per cent. On Tuesday, March 5, both LME aluminium cash bid price and LME aluminium official...
Average alumina spot price in China declines by RMB7/t; A00 aluminium ingot price grows to RMB19,030/t
On Tuesday, March 5, China's average alumina spot price declined by RMB 7 per tonne to arrive at RMB 3,335 per tonne. As per the SMM data, the prices in Bayuquan, Henan and Lianyungang have plunged by RMB 30 per tonne, RMB 15 per tonne and RMB 10 per tonne to arrive at RMB 3,260 per tonne, RMB...
LME aluminium price dips by US$1/t to come around the previous month’s level; SHFE adds US$14/t
LME aluminum opened at US$2,235 per tonne on Monday, March 4, with high and low at US$2,242 per tonne and US$2,216.50 per tonne, respectively, before closing at US$2,238 per tonne, down 0.31 per cent. The LME aluminium cash bid price and LME aluminium official settlement price dipped by US$1 per...
Competition for Middle East aluminium to grow intense if EU bans Russian metal
The global aluminium industry is cautious about the potential competition between the United States and European buyers for Middle Eastern aluminium if the European Union bans Russian metal, leading to price hikes to the 2018 level when sanctions were imposed on Rusal. As an impact of the possible...
