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 Metal Market, today, on July 19, notified that China’s aluminium ingot price has deflected RMB 100 per tonne downwards to officially settle at RMB 18,270 per tonne, with average prices circling between RMB 18,250 per tonne and RMB 18,290 per tonne. The SMM aluminium price today is...
On Tuesday, July 18, China’s A00 aluminium ingot price has grown by RMB 20 per tonne to close at RMB 18,370 per tonne. On a W-o-W calculation, a hike of RMB 120 per tonne was witnessed from RMB 18,250 per tonne recorded on July 12. As of today, the average prices are estimated to range between RMB...
The average alumina spot price has grown by RMB 2 per tonne over the weekend after an intermittent restraint at RMB 2,831 per tonne on Friday, July 14, according to the Shanghai Metals Market data. On Monday, July 17, the price has stopped at RMB 2,833 per tonne, up by RMB 11 per tonne from RMB...
China’s aluminium production in June 2023 (30 calendar days) stood at 3.37 million tonnes, reflecting a drop of 2.94 per cent M-o-M from 3.472 million tonnes, found the Shanghai Metals Market survey. However, on a year-on-year calculation, the output in June 2023 edged a marginal rise of 0.14 per...
According to the Shanghai Metal Market, today, on July 13, China’s aluminium ingot price has skyrocketed by RMB 210 per tonne to officially settle at RMB 18,440 per tonne, with average prices ranging between RMB 18,420 per tonne and RMB 18,460 per tonne. At the beginning of July, China’s aluminium...
According to the Shanghai Metals Market survey, China’s metallurgical-grade alumina production in June 2023 (30 calendar days) totalled 6.46 million tonnes, down by 1.22 per cent from 6.54 million tonnes in May (31 calendar days). The daily average production in the said month was recorded at...
The alumina spot price in China has shifted up the graph by RMB 3 per tonne, officially stopping at RMB 2,825 per tonne, followed by RMB 10 per tonne augmentation in Shanxi to close at RMB 2,810 per tonne. As per the records of the Shanghai Metal Market, today, on July 11, China’s aluminium spot...
According to the Shanghai Metals Market survey on Monday, July 10, A00 aluminium ingot price has begun the week with an increase of RMB 60 per tonne after four consecutive days of fall since last Tuesday, July 4. As per the data, the aluminium ingot price has pegged at RMB 18,270 per tonne versus...
The Shanghai Metal Market, today, on July 7, has recorded an RMB 70 per tonne slump in China’s aluminium spot price, with it officially resting at RMB 18,210 per tonne, with average prices hovering between RMB 18,190 per tonne and RMB 18,230 per tonne. The highest bid price recorded this year was...
A00 aluminium ingot price in China has plummeted by RMB 220 per tonne to settle at RMB 18,320 per tonne on Wednesday, July 5, found the Shanghai Metals Market. The drastic fall has lowered the price week-on-week by RMB 250 per tonne and month-on-month by RMB 90 per tonne. Today, the average prices...
On Tuesday, June 4, A00 aluminium ingot price in China has dropped by RMB 10 per tonne to halt at RMB 18,540 per tonne, as heavy rainfall in the Yunnan region has resulted in a drop in production. The spot contract price is expected to be traded at a premium price of RMB 150 and RMB 190 per tonne....
According to the Shanghai Metal Market, the aluminium spot price in China has spiked by RMB10 per tonne to RMB 18,550 per tonne, with average prices hovering between RMB 18,530 per tonne and RMB 18,570 per tonne, today, July 3. The aluminium spot price has returned to the price range it started the...
The alumina price in China has skipped upward by RMB 2 per tonne, resting at RMB 2,815 per tonne, while the alumina price in Guangxi has jumped up by RMB 10 per tonne to officially close at RMB 2,785 per tonne. The Australian Alumina FOB Price has slumped by RMB 21.66 per tonne, settling down at...
According to Shanghai Metal Market, the aluminium spot price in China has gone up the graph by RMB 70 per tonne, officially closing at RMB 18,570 per tonne today, June 28. The average aluminium price trends are between RMB 18,550 per tonne and RMB 18,590 per tonne. Aluminium prices rose by 1.41% to...
The Shanghai Metal Market’s aluminium spot price has gained RMB 30 per tonne loss, officially stopping at RMB 18,500 per tonne today, June 27. The average aluminium price trends are between RMB 18,480 per tonne and RMB 18,520 per tonne. On June 20, one week ago, the SMM aluminium spot price was RMB...
According to the Shanghai Metals Market survey, China's aluminium plate/sheet and strip industry operating rates edged 0.97 percentage points lower month-on-month to an average of 65.04 per cent in May 2023. On a year-on-year calculation, the operating rates plunged by 12.25 percentage points. May...
According to the Shanghai Metal Market, the aluminium spot price has lost RMB 20 per tonne, officially stopping at RMB 18,830 per tonne today, June 21. The average aluminium price trends are between RMB 18,810 per tonne and RMB 18,850 per tonne. SMM aluminium price on March 21 was RMB 18,110 per...
As per the aluminium price index displayed in the Shanghai Metal Market, the aluminium spot price has experienced an RMB 40 per tonne loss, officially stopping at RMB 18,780 per tonne today, June 19. The average aluminium price trends are between RMB 18,760 per tonne and RMB 18,800 per tonne....
