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 August 18, logged an RMB 120 per tonne crunch, with the SMM A00 aluminium ingot price closing at RMB 18,520 per tonne. The average aluminium ingot prices have ranged between RMB 18,500 per tonne and RMB 18,540 per tonne. China’s eight major provinces have all recorded...
On Thursday, August 17, China’s A00 aluminium ingot price has gained RMB 50 per tonne to halt at RMB 18,640 per tonne, with the average prices ranging between RMB 18,620 per tonne and RMB 18,660 per tonne. The spot contract price is expected to be traded at a premium price of RMB 130 to RMB 170 per...
On August 16, the Shanghai Metals Market noticed a considerable price hike of RMB 120 per tonne, with the SMM A00 aluminium ingot price closing at RMB 18,590 per tonne. The average aluminium ingot prices have ranged between RMB 18,570 per tonne and RMB 18,610 per tonne. SMM A00 aluminium ingot...
On Tuesday, August 15, the A00 aluminium ingot price in China gained RMB 90 per tonne to settle at RMB 18,470 per tonne, with the average prices between RMB 18,450 per tonne and RMB 18,490 per tonne. The spot contract price is expected to be traded at a premium price of RMB 0 to RMB 40 per tonne....
According to SMM data, China's metallurgical-grade alumina output during July was 6.869 million tonnes, with a daily production average of 222,000 tonnes, a surge attributed to the phased release of newly added capacity and the conclusion of maintenance in several Guangxi region companies, leading...
The Shanghai Metal Market, today, on August 10, has noted an RMB 5 per tonne spike in China’s average alumina spot price, with it officially halting at RMB 2,901 per tonne, while in Shandong and Shanxi, the alumina spot prices have seen an increase of RMB 5 per tonne, closing at RMB 2,860 per tonne...
According to the Shanghai Metals Market data, China’s primary aluminium imports reached 89,400 tonnes in June 2023, registering an increase of 20.7 per cent month-on-month and a surge of 213.6 per cent over a year. The primary aluminium exports in June totalled 32,900 tonnes - 187 per cent more...
On Wednesday, August 9, SMM aluminium reported that China’s A00 aluminium ingot price has dipped by RMB 10 per tonne to close at RMB 18,470 per tonne, with the spot contract prices expected to be traded at a discount price of RMB 30 per tonne to a premium price of RMB 10 per tonne. The average...
According to the Shanghai Metals Market data, social inventories of aluminium ingot totalled 525,000 tonnes across eight major Chinese consumption areas, including SHFE warrants, as of Thursday, August 3. On a week-on-week basis, the inventories dropped by 11,000 tonnes, and on an annual basis,...
According to the SMM aluminium live price chart today, China’s aluminium ingot price has shed RMB 10 per tonne to rest at RMB 18,480 per tonne, with the average prices ranging between RMB 18,460 per tonne and RMB 18,500 per tonne. If we consider July 27, the aluminium ingot price was RMB 18,490 per...
The Shanghai Metal Market (SMM), today, on August 7, has marked a drop of RMB 40 per tonne to settle at RMB 18,490 per tonne. On M-o-M calculation, a hike of RMB 280 per tonne was witnessed from RMB 18,210 per tonne on July 7. As of today, the average prices are expected to stand between RMB 18,470...
The Shanghai Metal Market, today, on August 4, has marked a jump of RMB 6 per tonne in China’s alumina spot price, with it officially halting at RMB 2,893 per tonne, while in Shandong and Shanxi, the alumina spot prices have seen a spike of RMB 10 per tonne, closing at RMB 2,855 per tonne and RMB...
As per the SMM market price chart, the alumina spot price in China has increased by RMB 5 per tonne to rest at RMB 2,881 per tonne, while the alumina price in Shandong has rocketed RMB 10 per tonne, closing at RMB 2,840 per tonne. Other than that, the SMM alumina price in Henan, Shanxi and Guangxi...
The domestic average alumina spot price in China has recorded an increase of RMB 4 per tonne on Tuesday, August 1, to reach RMB 2,876 per tonne, found the Shanghai Metals Market data. Throughout the previous month, the price trended up by RMB 54 per tonne to close at RMB 2,872 per tonne. With the...
On Friday, July 28, the average alumina spot price in China has grown by RMB 7 per tonne to close at RMB 2,871 per tonne. The price in Guangxi has gained RMB 10 per tonne to settle at RMB 2,865 per tonne, followed by a hike of RMB 5 per tonne in Shanxi and Guizhou to clock at RMB 2,880 per tonne...
The Shanghai Metal Market (SMM), today, on July 24, has recorded a growth of RMB 10 per tonne to settle at RMB 18,320 per tonne. On a Y-o-Y calculation, the price expanded by RMB 480 per tonne from RMB 17,840 per tonne recorded on July 25 2022. The average price as of today is expected to range...
The average alumina spot price in China has continued to grow for the fifth day in a row by RMB 2 per tonne to close the week on Friday, July 21, at RMB 2,847 per tonne, found the Shanghai Metals Market survey. On a week-on-week basis, the price stood at 0.57 per cent or RMB 16 per tonne higher...
On Thursday, July 20, the Shanghai Metal Market (SMM) notified that the average alumina spot price has ascended by RMB 3 per tonne to close at RMB 2,845 per tonne. On M-o-M calculation, a growth of RMB 31 per tonne was witnessed from RMB 2,814 per tonne recorded on June 20. As of today, the prices...
