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, the average alumina spot price in China has dwindled for the fifth day in a row by RMB 9 per tonne to close the week at RMB 2,814 per tonne on Friday, June 16. After declining throughout the week, the alumina spot price records a W-o-W fall of 1.02 per cent...
According to the Shanghai Metal Market, the aluminium spot price has experienced an RMB 50 per tonne loss, officially stopping at RMB 18,530 per tonne today, June 15. The average aluminium price trends are between RMB 18,510 per tonne and RMB 18,550 per tonne. The A00 aluminium ingot price was RMB...
Aluminium production in China stood at 3.472 million tonnes in May 2023 (31 calendar days), reflecting year-on-year growth of 1.08 per cent, found the Shanghai Metals Market survey. China’s total output from January to May totalled 16.742 million tonnes, a year-on-year increase of 3.36 per cent....
In China, the average alumina price has lost RMB 4 per tonne, closing at RMB 2,829 per tonne, while the price of alumina in Shandong has released RMB 10 per tonne, stopping at RMB 2,805 per tonne. In Henan and Shanxi, the alumina spot price has dipped by RMB 5 per tonne, resting at RMB 2,895 per...
According to the Shanghai Metals Market survey, metallurgical grade alumina production in China during May 2023 (31 calendar days) amounted to 6.682 million tonnes, up 2.17 per cent from 6.54 million tonnes in April (30 calendar days). But the average daily output decreased month-on-month from...
On Monday, June 12, the average alumina spot price has descended by RMB 10 per tonne to reside at RMB 2,833 per tonne. The price in Henan has decreased by RMB 20 per tonne to peg at RMB 2,900 per tonne. In Shandong and Shanxi, the alumina price has fallen by RMB 10 per tonne to clock at RMB 2,815...
The Shanghai Metal Market has escalated by RMB 130 per tonne in the aluminium spot price, officially stopping at RMB 18,650 per tonne today, June 9. The average aluminium price trends are between RMB 18,630 per tonne and RMB 18,670 per tonne. The premium and discount prices have hovered around RMB...
The Shanghai Metal Market has witnessed an upward stroke of RMB 100 per tonne in the aluminium spot price, officially stopping at RMB 18,380 per tonne today, June 7. The average aluminium price trends are between RMB 18,360 per tonne and RMB 18,400 per tonne. The premium prices have circled around...
On Tuesday, June 6, China’s A00 aluminium ingot price has slumped by RMB 160 per tonne to settle at RMB 18,280 per tonne, with the spot contract price expected to be traded at a discount price of RMB 40 per tonne to a premium price of RMB 0 per tonne. The average price is expected to range between...
China’s aluminium ingot inventories descended week-on-week across the eight central consumption zones, including SHFE warrants, to halt at 595,000 tonnes as of Thursday, June 1, marked Shanghai Metals Market in the weekly aluminium inventory chart. The aluminium inventories tumbled 62,000 tonnes...
The Shanghai Metal Market has seen RMB 120 per tonne augmentation in the aluminium spot price, stopping at RMB 18,400 per tonne today, June 1. The average aluminium price trends are between RMB 18,380 per tonne and RMB 18,420 per tonne. The premium prices have ranged around RMB 60 or 20 per tonne....
The Shanghai Metal Market has recorded a decline of RMB 10 per tonne in the aluminium spot price, finally settling down at RMB 18,350 per tonne today, May 30. The average aluminium price trends are between RMB 18,330 per tonne and RMB 18,370 per tonne. The premium prices have hovered around RMB 110...
The average alumina spot price in China has extended decline over the weekend, marking the fifth consecutive day of downfall since Tuesday, May 23. Shanghai Metals Market finds the alumina price starts the week with a fall of RMB 8 per tonne to stand at RMB 2,853 per tonne as of Monday, May 29....
The Shanghai Metal Market has marked a rise of RMB 50 per tonne in the aluminium spot price, finally settling down at RMB 18,160 per tonne today, May 26. The average aluminium price trends are between RMB 18,040 per tonne and RMB 18,180 per tonne. The premium prices have ranged around RMB 100 or...
As per Shanghai Metals Market, China’s social inventories of aluminium ingot kept shrinking week-on-week across the eight major consumption areas, including SHFE warrants, to halt at 657,000 tonnes as of Thursday, May 25. The aluminium inventories dropped 1,000 tonnes more than the previous week...
According to the Shanghai Metals Market data, the average operating rate of China’s aluminium plate/sheet, strip and foil producers fell in April by 1.68 percentage points month-on-month to stand at 67.69 per cent. Large, medium, and small enterprises' operating rates were 72.88 per cent, 39.53 per...
The Shanghai Metal Market has reported a descent of RMB 170 per tonne in the aluminium spot price, finally settling down at RMB 18,370 per tonne today, May 22. The average aluminium price trends are between RMB 18,350 per tonne and RMB 18,390 per tonne. The premium prices have ranged around RMB 170...
As it was predicted by the Shanghai Metals Market last week, China’s social inventories of aluminium ingot tanked by a massive 81,000 tonnes week-on-week across the eight major consumption areas, including SHFE warrants, to halt at 706,000 tonnes as of Thursday, May 18. It is a good sign that the...
