Guizhou Aluminum Plant's diesel anode transport vehicle passes inspection, ships to Kazakhstan
The diesel anode transport vehicle independently developed by Guizhou Aluminum Plant has successfully passed factory inspection and been officially loaded for shipment to Kazakhstan. The anode transport vehicle is a core specialised equipment for aluminium electrolysis production, facing harsh...
Aluminium prices drift higher as September peak season operations recover amid low inventory
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...
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Alumina spot price in China floats up by RMB1/t; China’s A00 aluminium ingot price sheds RMB30/t
The average alumina spot price in China has gained RMB 1 per tonne, closing at RMB 2,929 per tonne, while the price of alumina in Henan has escalated by RMB 5 per tonne, halting at RMB 2,965 per tonne. A00 aluminium ingot price has plunged by RMB 30 per tonne, resting at RMB 17,700 per tonne, as...
China’s A00 aluminium ingot price plummets by RMB300/t to RMB18020/t; Low-carbon aluminium drops RMB380/t
A00 aluminium ingot price has nosedived by RMB 300 per tonne, resting at RMB 18,020 per tonne, as the Shanghai Metals Market recorded on Wednesday, January 4. The average prices are expected to range between RMB 18,000 per tonne and RMB 18,040 per tonne, with spot contracts trading at discount...
China’s primary aluminium inventories build up 68,000 tonnes over New Year’s holiday reaching above 500K tonnes
According to the Shanghai Metals Market, social inventories of primary aluminium built up 68,000 tonnes over the New Year’s holiday across eight major consumption areas, including SHFE warrants, to reach 561,000 tonnes as of Tuesday, January 3, 2023. On a week-on-week calculation, the inventories...
China’s aluminium ingot inventories rose 18,000 tonnes W-o-W to 493,000 tonnes on December 29
According to the Shanghai Metals Market, China's primary aluminium inventories increased by 18,000 tonnes week-on-week across eight major consumption areas, including SHFE warrants. Therefore, on Thursday, December 29, the inventories totalled 493,000 tonnes, which in comparison with the month's...
China’s A00 aluminium ingot price crash dives by RMB260/t; Low carbon aluminium price loses RMB265/t
A00 aluminium ingot price has plummeted by RMB 260 per tonne, resting at RMB 18,710 per tonne, as the Shanghai Metals Market recorded on Thursday, December 29. The average prices are expected to range between RMB 18,690 per tonne and RMB 18,730 per tonne, with spot contracts trading at a discount...
A00 aluminium ingot price in China shrinks by RMB90/t to hover below RMB19000/t
According to the Shanghai Metals Market, A00 aluminium ingot price has slumped by RMB 90 per tonne to stand at RMB 18,970 per tonne on Tuesday, December 28. That followed a stupendous growth of RMB 300 per tonne on the previous day. The average prices today are expected to range between RMB 18,950...
Primary aluminium social inventories in China build-up 9000 tonnes over the weekend
According to the Shanghai Metals Market, social inventories of primary aluminium grew across China’s eight major consumption areas, including SHFE warrants, to total 484,000 tonnes. Over the weekend ended Monday, December 26, primary aluminium inventories accumulated 9,000 tonnes. Compared to last...
China’s A00 aluminium ingot price skyrockets by RMB300/t; Aluminium alloy (A365) price marks RMB300/t hike
A00 aluminium ingot price has surged by RMB 300 per tonne, resting at RMB 19,060 per tonne, as the Shanghai Metals Market recorded on Tuesday, December 27. The average prices are expected to range between RMB 19,040 per tonne and RMB 19,080 per tonne, with spot contracts trading at premium prices...
China’s primary aluminium inventories further decline to a new low at 475,000 tonnes
According to the Shanghai Metals Market, social inventories of primary aluminium across China’s eight major consumption areas, including SHFE warrants, stood at 475,000 tonnes on December 22, registering a further decline of 7,000 tonnes week-on-week. That pulled down the inventories even below the...
Aluminium billet inventories in China slump to 57,600 tonnes W-o-W primarily due to Foshan
As of Thursday, December 22, SMM's social inventory of aluminium billets was 57,600 tonnes, a decrease of 3,800 tonnes from a week prior, primarily due to Foshan. According to SMM research, several aluminium billet factories in Inner Mongolia, Ningxia, and Gansu reduced or suspended production in...
China’s primary aluminium inventories reach nearly 5-year low at 482,000 tonnes
China’s social inventories of primary aluminium have suffered a loss of 18,000 tonnes week-on-week to reach a new low on Thursday, December 15. According to the Shanghai Metals Market data, inventories have come in at 482,000 tonnes, the lowest in nearly five years. The figure is also 34,000 tonnes...
LME benchmark aluminium price dips by US$8.5/t; SHFE levitates to US$2760/t with US$7/t gain
LME aluminium opened at US$2,455 per tonne on Wednesday, with its high and low at US$2,466.5 per tonne and US$2,423 per tonne respectively before closing at US$2,452 per tonne, a drop of US$2.5 per tonne or 0.1 per cent. On December 14, Wednesday, LME aluminium cash bid price slumped by RMB 8 per...
China’s A00 aluminium ingot price marks RMB30/t hike; Australian Alumina FOB price gains US$4/t
A00 aluminium ingot price has recorded a spike of RMB 30 per tonne, resting at RMB 18,950 per tonne, as the Shanghai Metals Market recorded on Wednesday, December 14. The average prices are expected to range between RMB 18,930 per tonne and RMB 18,970 per tonne, with spot contracts trading at...
China’s domestic metallurgical-grade alumina production in November’22 reflects 6% dip M-o-M
China’s domestic metallurgical-grade alumina production in November 2022 (30 calendar days) was 6.29 million tonnes, down by 5.84 per cent month-on-month from 6.68 million tonnes but up by 3.11 per cent year-on-year from 6.1 million tonnes, found the Shanghai Metals Market data. Average daily...
Aluminium billet inventories grow by 2,600 tonnes W-o-W to 71,600 tonnes
On Thursday, December 8, the social inventory of aluminium billets was 71,600 tonnes, up 2,600 tonnes from the previous week but down 4,300 tonnes from the previous Monday, December 5. The inventory increased by 4,300 tonnes from November's end but decreased by 13,900 tonnes from the prior year....
China’s aluminium production in November 2022 grows 9% YoY on capacity boost in Sichuan and Inner Mongolia
China’s aluminium production in November 2022 (30 calendar days) amounted to 3.34 million tonnes, which reflected an increase of 8.7 per cent year-on-year, found the Shanghai Metals Market. But on a month-on-month calculation, the output stood 2.05 per cent lower than 3.41 million tonnes (31...
China’s aluminium ingot inventory remains stoic at 500,000 tonnes with no change W-o-W on December 8
According to the Shanghai Metals Market, China's primary aluminium inventories have remained stagnant at 500,000 tonnes accumulating data from all the eight major consumption areas, including SHFE warrants, on Thursday, December 8. The inventories in comparison with the month's first Monday,...
China’s primary aluminium inventory de-escalates by 18,000 tonnes W-o-W to 500,000 tonnes on Dec. 1
According to the Shanghai Metals Market, China's primary aluminium inventories decreased by 18,000 tonnes week-on-week across eight major consumption areas, including SHFE warrants. Therefore, on Thursday, December 1, the inventories totalled 500,000 tonnes, which in comparison with the last Monday...
