Futures: The most-traded SHFE aluminium contract opened at RMB 24,400 per tonne in the night session on September 7, reached a high of RMB 24,470 per tonne and a low of RMB 24,335 per tonne, and closed at RMB 24,450 per tonne, up 30 from the previous close, a gain of 0.12 per cent. Prices traded...
Futures: The most-traded SHFE aluminium contract opened at RMB 24,240 per tonne in the night session on September 4, with a high of RMB 24,355 per tonne, a low of RMB 24,220 per tonne, and a close of RMB 24,320 per tonne, up 0.12 per cent from the previous close. Futures stabilised and rebounded,...
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China’s domestic A00 aluminium ingot price has descended for the fourth day in a row by RMB 130 per tonne against the backdrop of subdued manufacturing activity growth in the country. According to SMM, China’s A00 aluminium ingot price has come in at RMB 20,660 per tonne, bringing the price 2.5 per...
As of June 12, 2024, China’s latest aluminum price data reveals minor movements across the market. According to the Sanghai Metals Market (SMM), A00 aluminum ingot price has experienced a drop of RMB 20 per tonne followed by a plunge of RMB 360 per tonne on the previous day, settling at RMB 20,790...
On Thursday, June 6, China’s A00 aluminium ingot price gained RMB 120 per tonne to settle at RMB 21,190 per tonne. The average prices were between RMB 21,170 per tonne and RMB 21,210 per tonne. According to the data, the spot contract prices may be between RMB 90 per tonne and RMB 50 per tonne....
According to the Shanghai Metals Market, China’s domestic A00 aluminium ingot price again decreased by RMB 120 per tonne on Tuesday, June 5, following an intermittent increase of RMB 100 per tonne on the previous day after two consecutive days of downfall. With the latest fall, the domestic A00...
The Shanghai Metals Market has witnessed a massive slump of RMB 470 per tonne today, closing at RMB 21,240 per tonne, with the average prices hovering between RMB 21,220 per tonne and RMB 21,260 per tonne. The eight main provinces in China have all seen a stark downtrend in aluminium prices, with...
On May 27, 2024, SMM reported that China's social inventory of aluminium ingots stood at 781,000 tonnes, with 655,000 tonnes available for sale. This marked an increase of 14,000 tonnes from the previous week and a significant year-over-year rise of 160,000 tonnes. Regarding cargo pick-up, only...
The Shanghai Metals Market has witnessed a rise of RMB 40 per tonne today, closing at RMB 21,070 per tonne, with the average prices hovering between RMB 21,050 per tonne and RMB 21,090 per tonne. On a week-on-week scale, there has been a drop of RMB 20 per tonne from RMB 21,090 per tonne recorded...
On Tuesday, May 28, China’s A00 aluminium ingot price gained RMB 150 per tonne to settle at RMB 21,030 per tonne. The spot contract price is expected to be traded at a discount of RMB 140 to RMB 100 per tonne. The average prices may orbit between RMB 21,010 per tonne and RMB 21,050 per tonne....
According to Shanghai Metals Exchange, the SMM A00 aluminium ingot price has descended by RMB 340 per tonne to officially close at RMB 20,750 per tonne, with the average prices ranging between RMB 20,730 per tonne and RMB 20,770 per tonne. The eight main provinces in China have all witnessed...
China’s alumina spot price has soared by RMB 10 per tonne to officially close at RMB 3,731 per tonne. The alumina price in Guangxi has grown by RMB 20 per tonne to arrive at RMB 3,770 per tonne, while the alumina price in Lianyungang has secured RMB 15 per tonne to close at RMB 3,775 per tonne. The...
The alumina spot price in China has kept on growing, with RMB 5 per tonne hike on May 16, today, to close at RMB 3,719 per tonne. On a Month-on-Month basis, the alumina price has skyrocketed by RMB 417 per tonne or 12.63 per cent from RMB 3,302 per tonne recorded on April 16. The alumina price in...
According to the Shanghai Metals Market survey, China’s primary aluminium production in April 2024 (30 calendar days) recorded a month-on-month decline of 1.13 per cent but a year-on-year increase of 4.93 per cent. As per the data revealed by SMM, China’s primary aluminium output in April was 3.515...
The alumina spot price in China has levitated by RMB 13 per tonne consecutively to officially close at RMB 3,704 per tonne. In Guangxi, the alumina price has earned RMB 20 per tonne, and in Shanxi, it has escalated by RMB 15 per tonne to respectively close at RMB 3,735 per tonne and RMB 3,745 per...
According to the Shanghai Metals Market, the SMM A00 aluminium ingot price has scored RMB 20 per tonne to close at RMB 20,540 per tonne today, with the average prices hovering between RMB 20,520 per tonne and RMB 20,560 per tonne. The eight main provinces in China have more or less seen escalation...
On Monday, May 6, the Shanghai Metals Market survey found the social inventories of aluminium ingot in China’s eight major consumption areas totalled 794,000 tonnes after the outflows of 88,400 tonnes, down by 29,400 tonnes week-on-week. The stocks in warehouses on May 6 were 3,000 tonnes higher...
LME aluminium opened at US$2,573 per tonne on Tuesday, with its low and high at US$2547 per tonne and US$2,593 per tonne, respectively, before closing at US$2,568.5 per tonne, up 0.69 per cent. On Tuesday, May 7, both LME aluminium cash bid price and LME aluminium official settlement price moved up...
The alumina spot price in China has levitated by RMB 62 per tonne mid-week to close at RMB 3,628 per tonne. China’s alumina spot price is following an upward stride with consecutive expansions of RMB 50 per tonne and RMB 65 per tonne, with the market opening after the Labour Day Holiday observed...
The London Metal Exchange graph recorded fluctuating prices on May 1 with the LME aluminium cash bid price and the LME aluminium official price settling down at US$2,554 per tonne and US$2,554.50 per tonne having gathered US$9.50 per tonne or 0.37 per cent. The LME aluminium price has seen a...
