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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According to the Shanghai Metals Market survey, China’s social inventories of aluminium ingot recorded a significant rise across the eight major consumption areas, including SHFE warrants, as the market resumed on October 7 from a week-long Mid-Autumn Festival holiday. On October 7, the inventories...
The average alumina spot price in China has soared by RMB 4 per tonne, halting at RMB 2,965 per tonne, while the price of alumina in Shandong, Henan, Shanxi and Guizhou have all escalated by RMB 5 per tonne. The price of alumina in Shandong stopped at RMB 2,925 per tonne; in Henan, it anchored at...
On Thursday, September 28, China’s A00 aluminium ingot price gained RMB 70 per tonne to score at RMB 19,850 per tonne, with the average prices between RMB 19,830 per tonne and RMB 19,870 per tonne. The spot contract price may be traded at a premium price of RMB 130 to RMB 170 per tonne. The price...
China’s average alumina spot price has increased by RMB 4 per tonne to officiate at RMB 2,951 per tonne. The alumina price in Shanxi has amped up to RMB 2,970 per tonne, with RMB 10 per tonne addition. The alumina price in Guangxi has gained RMB 5 per tonne to park at RMB 2,960 per tonne. The...
On Thursday, September 21, A00 aluminium ingot inventories in China settled at 522,000 tonnes, registering a week-on-week growth of 3,000 tonnes from 519,000 tonnes, found the Shanghai Metals Market data. However, from Monday, September 18, aluminium ingot inventories dwindled by 7,000 tonnes from...
On Tuesday, September 26, China's A00 aluminium ingot price ascended by RMB 70 per tonne to score at RMB 19,800 per tonne, with the average prices expected to range between RMB 19,780 per tonne and RMB 19,820 per tonne. The spot contract price may be traded at a premium price of RMB 180 to RMB 200...
According to the Shanghai Metals Market survey, A00 aluminium ingot price has opened this week on Monday, September 25, with a marginal drop of RMB 10 per tonne to stand at RMB 19,730 per tonne. The average prices are estimated to range between RMB 19,710 per tonne and RMB 19,750 per tonne, with a...
On Friday, September 22, A00 aluminium ingot price in China gained RMB 90 per tonne to close at RMB 19,740 per tonne, with the average prices between RMB 19,720 per tonne and RMB 19,760 per tonne. The spot contract price is expected to be traded at a premium price of RMB 210 per tonne to RMB 250...
On September 21, the Shanghai Metals Market witnessed mixed trends in aluminium prices all over China, with the SMM A00 aluminium ingot price augmenting by RMB 160 per tonne to officially close at RMB 19,650 per tonne. The average prices have ranged between RMB 19,630 per tonne and RMB 19,670 per...
On Wednesday, September 20, China’s A00 aluminium ingot price has dropped by RMB 20 per tonne to close at RMB 19,490 per tonne. According to the Shanghai Metal Exchange (SMM) data, the domestic aluminium ingot price had a growth of RMB 60 per tonne W-o-W from RMB 19,430 per tonne on September 13....
On Monday, September 18, China’s A00 aluminium ingot price has dropped by RMB 160 per tonne to close at RMB 19,380 per tonne, with the average prices standing between RMB 19,360 per tonne and RMB 19,400 per tonne. The spot contract prices may be traded at a premium price of RMB 200 to RMB 240 per...
The Shanghai Metals Market, on September 15, experienced a heightening streak in aluminium prices all over China, with the SMM A00 aluminium ingot price soaring by RMB 110 per tonne to officially close at RMB 19,540 per tonne. The average prices have ranged between RMB 19,520 per tonne and RMB...
On Thursday, September 14, China’s A00 aluminium ingot price showed no change to close at RMB 19,430 per tonne. The average prices ranged between RMB 19,410 per tonne and RMB 19,450 per tonne, with the spot contract prices expected to be traded at a discount price of RMB 10 to RMB 30 per tonne. As...
The average alumina spot price in China has shed RMB 1 per tonne, officiating at RMB 2,933 per tonne. The alumina price in Henan has added RMB 5 per tonne to stop at RMB 2,945 per tonne, while the alumina price in Shanxi has lost RMB 10 per tonne to settle at a similar rate as Henan. On September...
China’s aluminium production continued to grow in August 2023 (31 calendar days), standing above 3.6 million tonnes, according to the Shanghai Metals Market survey. Data showed the output clocked at 3.623 million tonnes, registering a 1.54 per cent M-o-M growth from 3.568 million tonnes and a 3.9...
On Tuesday, September 12, China's A00 aluminium ingot price added RMB 70 per tonne to close at RMB 19,520 per tonne. The average prices are expected to orbit between RMB 19,500 per tonne and RMB 19,540 per tonne, with the spot contract prices expected to be traded at a discount price of RMB 80 to...
According to the Shanghai Metals Market survey, China’s metallurgical-grade alumina production in August 2023 stood at 7.017 million tonnes, reflecting a month-on-month increase of 2.15 per cent from 6.869 million tonnes . Daily output also grew by 2 per cent to 226,400 tonnes, driven by new and...
On Thursday, September 7, China’s aluminium ingot inventories across eight major consumption areas amounted to 517,000 tonnes, registering a week-on-week hike of 24,000 tonnes from 493,000 tonnes, found the Shanghai Metals Market survey. However, from Monday, November 4, the inventories dropped by...
