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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The Shanghai Metals Market on September 11 experienced marginally elevating prices all over China, with the SMM A00 aluminium ingot price gaining RMB 30 per tonne to officially close at RMB 19,450 per tonne. The average prices have ranged between RMB 19,430 per tonne and RMB 19,470 per tonne. If we...
On Thursday, September 7, China’s 6063 aluminium billet inventories across five major consumption areas totalled 81,800 tonnes, registering a week-on-week hike of 12,200 tonnes or 17.53 per cent from 69,600 tonnes, found the Shanghai Metals Market data. From Monday, September 4, the inventories on...
On September 7, the Shanghai Metals Market witnessed escalating aluminium prices all over China, with the SMM A00 aluminium ingot price heightening by RMB 160 per tonne to officially close at RMB 19,470 per tonne. The average prices have circled between RMB 19,450 per tonne and RMB 19,490 per...
The Shanghai Metals Market survey found that in August 2023, the comprehensive PMI index of the domestic aluminium industry registered a fall of 1.5 percentage points M-o-M to 51.6 per cent, in line with the downtrend of production, demand, inventory and other indices. But despite the downfall, the...
On Wednesday, September 6, the average alumina spot price in China gained RMB 7 per tonne, settling at RMB 2,933 per tonne. As per the Shanghai Metal Exchange (SMM) data, M-o-M, the alumina price had expanded by RMB 37 per tonne or 1.27 per cent from RMB 2,896 per tonne recorded on August 7. As of...
The Shanghai Metals Market on September 5 experienced declining aluminium prices all over China, with the SMM A00 aluminium ingot price diving down by RMB 170 per tonne to officially close at RMB 19,240 per tonne. The average prices have circled between RMB 19,220 per tonne and RMB 19,260 per...
According to the Shanghai Metals Market data, 6063 aluminium billet inventories across China's five major consumption areas are recorded at 80,000 tonnes as of Monday, September 4, experiencing an increase of 10,400 tonnes or 14.94 per cent over the weekend. On a week-on-week basis, the inventories...
The Shanghai Metals Market (SMM) on Monday, September 4, opened the week with a contraction of RMB 200 per tonne to settle at RMB 19,410 per tonne. The spot contract price is expected to be traded at a premium price of RMB 0 to RMB 40 per tonne. The average prices may orbit between RMB 19,390 per...
On September 1, today, the Shanghai Metals Market has witnessed enormous growth in aluminium prices all over China, with the SMM A00 aluminium ingot price augmenting by RMB 450 per tonne to officially close at RMB 19,610 per tonne. The average prices have ranged between RMB 19,590 per tonne and RMB...
The Shanghai Metals Market (SMM) on Friday, August 31, reported that China’s A00 aluminium ingot price has expanded by RMB 120 per tonne to close at RMB 19,160 per tonne, with the average prices standing between RMB 19,140 per tonne and RMB 19,180 per tonne. The spot contract price is expected to...
Today, on August 30, the Shanghai Metals Market has recorded heightening prices, with the SMM A00 aluminium ingot price increasing by RMB 130 per tonne to officially close at RMB 19,040 per tonne. The average prices have ranged between RMB 19,020 per tonne and RMB 19,060 per tonne. If we consider...
The Shanghai Metals Market (SMM) on Tuesday, August 29, recorded a growth of RMB 10 per tonne in A00 aluminium ingot price. The price as of today closed at RMB 18,910 per tonne, with the spot contract prices expected to be traded at a premium price of RMB 160 per tonne and RMB 200 per tonne. The...
The average alumina spot price has dropped RMB 1 per tonne, stopping at RMB 2,912 per tonne, while the alumina price in Shanxi has lost RMB 5 per tonne to clock at RMB 2,925 per tonne. The alumina price in Guangxi has gained RMB 10 per tonne, closing at RMB 2,915 per tonne, and the alumina price in...
The Shanghai Metals Market (SMM) on Friday, August 25, reported that China's A00 aluminium ingot price has gained RMB20 per tonne to score at RMB 18,830 per tonne, with the average prices standing between RMB 18,810 per tonne and RMB 18,850 per tonne. The spot contract price is expected to be...
China’s alumina spot price has skipped RMB 1 per tonne upwards, officially closing at RMB 2,913 per tonne. The alumina spot price in Shandong has levitated by RMB 10 per tonne, stopping at RMB 2,875 per tonne, while the alumina price in Shanxi has stepped up the graph by RMB 5 per tonne, closing at...
On August 23, China’s A00 aluminium ingot price gained RMB 170 per tonne to close at RMB 18,860 per tonne, with the average prices expected to range between RMB 18,840 per tonne and RMB 18,880 per tonne. The spot contract price may be traded at a premium price of RMB 130 to RMB 170 per tonne. The...
On August 22, the Shanghai Metals Market showed escalating prices, with the SMM A00 aluminium ingot price closing at RMB 18,690 per tonne, with an influx of RMB 90 per tonne. The average aluminium ingot prices have ranged between RMB 18,670 per tonne and RMB 18,710 per tonne. The eight central...
According to the Shanghai Metals Market, China's A00 aluminium ingot price has initiated the week on Monday, August 21, with an increase of RMB 80 per tonne to reach RMB 18,600 per tonne. The average prices are estimated to range between RMB 18,580 per tonne and RMB 18,620 per tonne, with a spot...
