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 drops for sixth day in a row by RMB12/t; A00 aluminium ingot price descends by RMB240/t
The average alumina spot price in China has decreased for the sixth day in a row by RMB 12 per tonne to stand at RMB 2,881 per tonne on Monday, September 26. Over a week, the price has dwindled by RMB 40 per tonne from RMB 2,921 per tonne, found the Shanghai Metals Market. The decline in domestic...
Aluminium billet inventories in China drop by 7.65% W-o-W to 106,100 tonnes
On Thursday, September 22, SMM's stockpile of aluminium billets was 106,100 tonnes, down 8,800 tonnes from the previous week. Overall, the market mood remained relatively consistent this week despite slight fluctuations in aluminium prices and minor social inventory reduction due to pre-holiday...
China’s primary aluminium ingot inventory slumps 9,000 tonnes W-o-W on September 22
According to the Shanghai Metals Market, primary aluminium inventories in China witnessed a decrease of 9,000 tonnes week-on-week across eight major consumption areas, including SHFE warrants. Therefore, on Thursday, September 22, the inventories totalled 666,000 tonnes, which in comparison with...
China’s primary aluminium imports during Jan-Aug’22 record a plunge of 71% to 297,600 tonnes
According to the General Administration of Customs, China’s primary aluminium import amounted to 49,300 tonnes in August 2022, reflecting a downfall of 3.35 per cent month-on-month and 53.3 per cent year-on-year. That brought the total imports during January-August to 297,600 tonnes, a year-on-year...
China’s A00 aluminium ingot price goes up by RMB110/t; Alumina price in Henan dwindles down RMB30/t
A00 aluminium ingot price has escalated by RMB 110 per tonne to close at RMB 18,660 per tonne, as the Shanghai Metals Market recorded on Thursday, September 22. The average prices are expected to range between RMB 18,640 per tonne and RMB 18,680 per tonne, with spot contracts trading at discount...
Primary aluminium inventories across China reflect an increase of 10,000 tonnes over the weekend
Social inventories of aluminium ingot across China’s eight major consumption areas, including SHFE warrants, grew by 10,000 tonnes over the weekend ended Monday, September 19, to stand at 685,000 tonnes, found the Shanghai Metals Market. But compared to the previous Monday, September 12, the...
China’s A00 aluminium ingot price falls for two days straight to RMB18690/t; Alumina price in Guangxi loses RMB15/t
A00 aluminium ingot price has slumped by RMB 80 per tonne to close at RMB 18,690 per tonne, as the Shanghai Metals Market recorded on Tuesday, September 20. The average prices are expected to range between RMB 18,670 per tonne and RMB 18,710 per tonne, with spot contracts trading at discount prices...
Power rationing in Sichuan fails to drag down China's domestic aluminium output; reflects stability at 3.488 Mt
According to the Shanghai Metals Market, China’s aluminium production in August (31 calendar days) amounted to 3.488 million tonnes, reflecting a steady trend compared to 3.5 million tonnes in the previous month and 8.16 per cent higher than in a year ago. The total output during January-September...
China’s metallurgical-grade alumina production drops 1.4% M-o-M in Aug’22, but output in Shandong and Henan reflects growth
China’s domestic metallurgical-grade alumina production in August 2022 (31 calendar days) edged 1.4 per cent lower month-on-month to total 6.844 million tonnes, found the Shanghai Metals Market. However, on a year-on-year calculation, the August output stood 11.16 per cent higher, with an average...
China’s A00 aluminium ingot price recedes by RMB80/t; Alumina price in Guangxi loses RMB15/t
A00 aluminium ingot price has plunged by RMB 80 per tonne to halt at RMB 18,630 per tonne, as the Shanghai Metals Market recorded on Wednesday, September 14. The average prices are expected to range between RMB 18,610 per tonne and RMB 18,650 per tonne, with spot contracts trading at discount...
China’s primary aluminium inventories build-up 24,000 tonnes over the extended weekend: SMM
According to the Shanghai Metals Market, social inventories of primary aluminium across China’s eight major consumption areas, including SHFE warrants, accumulated 24,000 tonnes over the extended weekend ending Tuesday, September 13. Thus, as per the data, the inventories have totalled 696,000...
China’s primary aluminium ingot inventory plunges 11,000 tonnes W-o-W on September 8
According to the Shanghai Metals Market, primary aluminium inventories in China witnessed a decrease of 11,000 tonnes week-on-week across eight major consumption areas, including SHFE warrants. Therefore, on Thursday, September 8, the inventories totalled 672,000 tonnes, which in comparison with...
LME benchmark aluminium price soars up 1.14% to US$2256/t; SHFE collects US$59/t
LME aluminium opened at US$2,284 per tonne on Thursday and closed at US$2,277 per tonne. LME aluminium cash bid price and LME aluminium official settlement price both witnessed an US$25.50 per tonne or 1.14 per cent hike to rest at US$2,255.50 per tonne and US$2,256 per tonne on Thursday, September...
A00 aluminium ingot price in China hikes by RMB340/t; Australian alumina FOB price grows by US$14/t
A00 aluminium ingot price in China soared up by RMB 340 per tonne to settle at RMB18,800 per tonne. The average price for the same is likely to orbit between RMB 18,780 per tonne and RMB 18,820 per tonne, with spot contracts to be traded at a discount price of RMB 80 to RMB 40 per tonne. The...
China’s A00 aluminium ingot price slides up the graph by RMB60/t; High purity aluminium price obtains RMB100/t
A00 aluminium ingot price has heightened by RMB 60 per tonne to close at RMB 18,460 per tonne, as the Shanghai Metals Market recorded on Thursday, September 8. The average prices are expected to range between RMB 18,440 per tonne and RMB 18,480 per tonne, with spot contracts trading at discount...
Primary aluminium alloy facilities in China expect weaker demand in peak season due to economic downturn
SMM found that operating rates at primary aluminium alloy facilities in China in August were 42.64 per cent, a decline of 8.08 percentage points from the previous year but an increase of 1.3 points from the last month. Since August is typically the off-season for producing primary aluminium alloys,...
China’s A00 aluminium ingot price loses RMB20/t; Caustic soda price in Shandong drops RMB15/t
A00 aluminium ingot price has dropped RMB 20 per tonne to close at RMB 18,400 per tonne, as the Shanghai Metals Market recorded on Tuesday, September 6. The average prices are expected to range between RMB 18,380 per tonne and RMB 18,400 per tonne, with spot contracts trading at discount prices of...
China’s primary aluminium inventories drop over the weekend to 681,000 tonnes: SMM
Social inventories of primary aluminium in China have dropped over the weekend ended Monday, September 5, across eight major consumption areas, including SHFE warrants, following rises last week. Shanghai Metals Market data shows inventories have totalled 681,000 tonnes, down by 2,000 tonnes over...
