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,...
Grow with
AL Circle
On Tuesday, April 2, the average alumina spot price in China lost RMB 2 per tonne to settle at RMB 3,299 per tonne. As per the SMM data, W-o-W, a fall of RMB 14 per tonne was witnessed from RMB 3,313 per tonne, as recorded on March 26. As of today, the prices in Henan and Shanxi have dropped by RMB...
The Shanghai Metals Market on April 1 showed considerable growth in aluminium prices, with the SMM A00 aluminium ingot price halting at RMB 19,520 per tonne, adding RMB 50 per tonne. The average prices ranged between RMB 19,500 per tonne and RMB 19,540 per tonne. The SMM aluminium price has...
As the traditional peak season has set in, China’s domestic aluminium industry is making buzz with downstream processing enterprises rebounds. The purchasing sentiment is high, leading to a fall in aluminium ingot inventories at the end of March 2024, which is line with previous expectation. On...
According to China customs data, the total exports of aluminium wire and cables during January-February 2024 amounted to 37,500 tonnes at a value of $114.87 million. The export volume in January was 22,500 tonnes, up by 32.58 per cent month-on-month and 48.61 per cent year-on-year. The export...
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...
A week ago, as of March 18, China’s domestic social inventories of aluminium ingot stood at 847,000 tonnes, of which the amount for sale was 721,000 tonnes, found the Shanghai Metals Market survey. Over the weekend, inventories grew by 4,000 tonnes and stood 356,000 tonnes higher than the...
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...
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...
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...
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...
The Shanghai Metals Market has been on the lower side today, with the A00 aluminium ingot price arriving at RMB 19,240 per tonne, a slight decrease of RMB 10 per tonne. If we consider the price recorded on March 13, there can be seen an escalation of RMB 90 per tonne, or 0.47 per cent, from the RMB...
LME aluminium opened at US$2,272.50 per tonne yesterday, with its high and low at US$2,294 per tonne and US$2,261 per tonne respectively before closing at US$2,276.5 per tonne, down US$0.50 per tonne or 0.02 per cent. The LME aluminium official price chart on March 18 flashed a slight increase in...
On Tuesday, March 19, China’s A00 aluminium ingot price remained unchanged at RMB 19,250 per tonne, with the average prices between RMB 19,230 per tonne and RMB 19,270 per tonne. The spot contract price also remained unaltered at a discount price of RMB 70 to RMB 30 per tonne. The domestic...
Industry experts stated on Monday that aluminium smelters in China's southwestern province of Yunnan are restarting factories due to improved power availability. This development is expected to result in the restoration of approximately 500,000 tonnes of annual production. In November, smelters in...
The SMM aluminium market has witnessed an increase in prices today, with the SMM A00 aluminium ingot price soaring by RMB 70 per tonne to rest at RMB 19,250 per tonne, with the average prices ranging between RMB 19,230 per tonne and RMB 19,270 per tonne. This week’s start seems optimistic in...
According to the National Bureau of Statistics (NBS), China’s primary aluminium production during January-February 2024 amounted to 7.1 million tonnes, up 5.5 per cent from the same period of the previous year. Although the combined data for two months reflect a year-on-year increase, output fell...
On Friday, March 15, China’s A00 aluminium ingot price slumped by RMB 80 per tonne to settle at RMB 19,180 per tonne, with the spot contract price expected to be traded at a premium price of RMB 10 to RMB 50 per tonne. The average prices may orbit between RMB 19,160 per tonne and RMB 19,200 per...
According to the Shanghai Metals Market survey, China’s average alumina spot price has dipped by RMB 1 per tonne on Thursday, March 14, marking the fourth consecutive day of fall. Thus, the price stands at RMB 3,321 per tonne, down by RMB 11 per tonne or 0.33 per cent week-on-week compared to RMB...
