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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Yunnan, China emerges as a new victim of hydropower shortage; Aluminium production cut is in mind
After Sichuan, another southwestern Chinese province that emerges as being affected by hydropower shortages is Yunnan, triggering concerns over potential output reduction in the province. According to the latest survey by Shanghai Metals Market, many smelters in Yunnan have expressed concerns over...
China’s primary aluminium inventories grow week-on-week to 683,000 tonnes on September 1
According to the Shanghai Metals Market, social inventories of primary aluminium across eight major Chinese consumption areas, including SHFE warrants, have gained 4,000 tonnes over the week ended Thursday, September 1, to reach 683,000 tonnes. From Monday, August 29, the inventories are up by...
A00 aluminium ingot price in China falls by RMB90/t; Domestic price of low carbon aluminium slips by RMB70/t
A00 aluminium ingot price in China has gone down by RMB 90 per tonne to settle at RMB 18,350 per tonne. The average price for the same is expected to range between RMB 18,330 per tonne and RMB 18,370 per tonne, with spot contracts to be traded at a discount price of RMB 60 to RMB 20 per tonne. On...
China’s prebaked anode export rebounds to 200,000 tonnes level in July'22 on improved demand
China customs data revealed last week that the country’s prebaked anode export volume rebounded to the 200,000 tonnes level in July 2022, attaining 206,500 tonnes. This is the second time this year that China’s prebaked anode export has exceeded 200,000 tonnes, driven by strong demand from overseas...
China's primary aluminium inventories attain 682,000 tonnes with a slight gain over the weekend
Social inventories of aluminium ingot across eight major Chinese consumption areas, including SHFE warrants, grew by 3,000 tonnes over the weekend to stand at 682,000 tonnes as of Monday, August 29, found the Shanghai Metals Market. But week-on-week, the inventories stood 1,000 tonnes lower than...
China’s A00 aluminium ingot price contracts by RMB400/t to RMB 18,5602/t; Low carbon aluminium price descends by RMB370/t
On Tuesday, August 30, China’s A00 aluminium ingot price dropped by RMB 400 per tonne to settle at RMB 18,560 per tonne. The average price for the same is expected to range between RMB 18,540 per tonne and RMB 18,580 per tonne, with spot contracts to be traded at a discount price of RMB 60 to RMB...
China’s primary aluminium ingot inventory suffers a loss of 1,000 tonnes W-o-W on August 25
According to the Shanghai Metals Market, primary aluminium inventories in China witnessed a decrease of 1,000 tonnes week-on-week across eight major consumption areas, including SHFE warrants. Therefore, on Thursday, August 25, the inventories totalled 679,000 tonnes, which in comparison with the...
China’s A00 aluminium ingot price receives RMB50/t boost; Bauxite price in Shanxi drops RMB10/t
A00 aluminium ingot price has seen an RMB 50 per tonne rise to close at RMB 18,870 per tonne, as recorded by the Shanghai Metals Market on Thursday, August 25. The average prices are expected to range between RMB 18,850 per tonne and RMB 18,890 per tonne, with spot contracts trading at a discount...
China’s A00 aluminium price sheds RMB10/t showing no massive change in provinces; Low carbon aluminium loses RMB10/t
A00 aluminium ingot price in China has dropped by RMB 10 per tonne on August 23, Tuesday. According to the Shanghai Metals Market, the price has accurately settled at RMB 18,570 per tonne, with average prices estimated to range between RMB 18,550 per tonne and RMB 18,590 per tonne and spot...
Primary aluminium inventory collects 3,000 tonnes this weekend, led by stock arrivals in Wuxi & Hangzhou
Social inventories of primary aluminium in China have witnessed a slight rise of 3,000 tonnes over the weekend across eight major consumption areas, including SHFE warrants. Shanghai Metals Market data shows the inventories have totalled 683,000 tonnes as of August 22, compared to 680,000 tonnes on...
Alumina spot price loses RMB5/t to start the week at RMB2953/t; but A00 aluminium ingot price edges up to cross RMB18500/t
The average alumina spot price in China has again recorded a drop of RMB 5 per tonne on Monday, August 22, after an intermittent restraint on Friday, August 19, found the Shanghai Metals Market. The decline today has brought the alumina spot price to RMB 2,953 per tonne. In Shandong and Shanxi,...
LME aluminium benchmark price stoops by 1.49% to US$2376/t; SHFE marks US$19/t growth
LME aluminium opened at US$2,404 per tonne last Friday, with its high and low at US$2,411 per tonne and US$2,375 per tonne respectively before closing at US$2,393.5 per tonne, a drop of US$11.5 per tonne or 0.48 per cent. LME aluminium cash bid price stopped at US$2,375.50 per tonne, with a 1.43...
Sichuan power crisis sparks widespread blackout; Aluminium capacity falls by 395,000 tonnes
Sichuan province in China is facing severe power shortages brought on by the ongoing heat waves. As a result, 19 cities in Sichuan province (except Panzhihua and Liangshan) had their power cuts from August 15 and are expected to continue till August 20 to ensure that residents have a sufficient...
China’s A00 aluminium price closes week at RMB18420/t with a plunge; Low carbon aluminium loses RMB250/t
A00 aluminium ingot price in China has plummeted by RMB 220 per tonne on August 19, Friday. According to the Shanghai Metals Market, the price has precisely settled at RMB 18,420 per tonne, with average prices estimated to range between RMB 18,400 per tonne and RMB 18,440 per tonne and spot...
A00 aluminium ingot price in China expands by RMB160/t to RMB 18,640/t; Alumina price dips by RMB1/t
On Thursday, August 18, China's A00 aluminium ingot price has gone up by RMB 160 per tonne to settle at RMB 18,640 per tonne, as recorded by the Shanghai Metals Market (SMM). The average price for the same is expected to range between RMB 18,620 per tonne and RMB 18,660 per tonne, with spot...
China’s aluminium billets operating rate drops for the second month to 71.3%, driven by poor demand among extruders
The average operating rate of aluminium billet producers in China fell for the second consecutive month by 0.99 percentage point month-on-month, driven by the downfall in operations in east China, northwest China, and southwest China. According the Shanghai Metals Market data, China's domestic...
China’s A00 aluminium ingot price elevates by RMB350/t; Alumina price in Henan records RMB10/t rise
A00 aluminium ingot price has seen an RMB 350 per tonne augmentation to close at RMB 18,480 per tonne, as recorded by the Shanghai Metals Market on Wednesday, August 17. The average prices are expected to range between RMB 18,460 per tonne and RMB 18,500 per tonne, with spot contracts trading at a...
China’s primary aluminium inventories continue to grow over weekend standing at 698,000 tonnes
According to the Shanghai Metals Market, China’s social inventories of primary aluminium ingot across eight major consumption areas, including SHFE warrants, accumulated 5,000 tonnes over the weekend to stand at 698,000 tonnes as of Monday, August 15. But compared to the same period last year, the...
