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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LME aluminium benchmark price drops for two days straight at US$2389.5/t; SHFE sees 3.2% decline like LME
LME aluminium opened at US$2,439.5 per tonne on Monday and closed at US$2,403.5 per tonne, down US$29.5 per tonne or 1.21 per cent. LME aluminium cash bid price stopped at US$2,389 per tonne, with a 3.2 per cent or US$79 per tonne degradation on Monday, August 15, while LME aluminium official...
A00 aluminium ingot price slumps by RMB120/t to RMB 18,670/t; Average alumina spot price shrinks by RMB5/t
On Friday, August 12, A00 aluminium ingot price in China slipped by RMB 100 per tonne to close at RMB 18,670 per tonne. The average price for the same is expected to range between RMB 18,650 per tonne and RMB 18,690 per tonne, with spot contracts to be traded at a discount price of RMB 370 per...
China’s A00 aluminium ingot price remains stoic at RMB18790/t; Low carbon aluminium gains RMB11/t
A00 aluminium ingot price has refrained from showing any change today, staying stagnant at RMB 18,790 per tonne, as the Shanghai Metals Market recorded on Thursday, August 11. The average prices were stuck between RMB 18,770 per tonne and RMB 18,810 per tonne, with spot contracts trading at...
China’s primary aluminium inventories accumulate 9,000 tonnes on August 8 as shipments from warehouses decline
On Monday, August 8, China’s social inventories of primary aluminium recorded a W-o-W hike yet again for three weeks in a row since July 25, 2022. According to the Shanghai Metals Market, inventories across eight major consumption areas, including SHFE warrants, totalled 687,000 tonnes witnessing...
China’s aluminium output grows 7% Y-o-Y to 3.5 Mt in July’22, thanks to new capacity release
According to the Shanghai Metals Market, China’s aluminium production stood at 3.5 million tonnes in July (31 calendar days), reflecting a year-on-year increase of 6.74 per cent. That brought the total volume of output in the first seven months of the year to 23.059 million tonnes, up by 1.4 per...
China’s A00 aluminium ingot price gains RMB80/t; Alumina price in Shanxi drops RMB5/t
A00 aluminium ingot price has grown by RMB 80 per tonne to close at RMB 18,480 per tonne, as the Shanghai Metals Market recorded on Tuesday, August 9. The average prices are expected to range between RMB 18,460 per tonne and RMB 18,500 per tonne, with spot contracts trading at discount prices of...
A00 aluminium ingot price in China opens the week with a decline of RMB120/t; Average alumina spot price moves down by RMB2/t
A00 aluminium ingot price in China has seen a decline of RMB 120 per tonne since Monday, August 8, to settle at RMB 18,400 per tonne. The average price for the same is expected to range between RMB 18,380 per tonne and RMB 18,420 per tonne. The spot contracts may be traded at a discount price of...
China’s aluminium foil battery production is on a steep rise yet struggling to match demands in the EV industry
According to the Shanghai Metals Market review, China produced 128,000 tonnes of lithium-battery aluminium foil (battery foil) in 2021, which accounted for nearly 2.8 per cent of the country’s total aluminium foil output and registered a year-on-year surge of 83 per cent. This prodduction hike...
China’s A00 aluminium price gets boosted by RMB130/t; High purity aluminium prices witness RMB100/t spike
A00 aluminium ingot price has seen an RMB 130 per tonne rise to close the week at RMB 18,520 per tonne, as recorded by the Shanghai Metals Market on Friday, August 5. The average prices are expected to range between RMB 18,500 per tonne and RMB 18,540 per tonne, with spot contracts trading at a...
China’s A00 aluminium ingot price mounts to RMB18,390/t; Low carbon aluminium price soars up by RMB162/t
As per the SMM data, on Thursday, August 4, China’s A00 aluminium ingot price has grown by RMB 170 or 0.93 per cent to halt at RMB 18,390 per tonne. The average price for the same is expected to range between RMB 18,370 per tonne and RMB 18,410 per tonne, with spot contracts to be traded at a...
China records lowest prebaked anode export rate amidst heightened aluminium production
The data gathered in customs said that in June 2022, China witnessed a decrease of 37.95 per cent from the last month and 16.48 per cent from the same time span the previous year to close its export volume of prebaked anodes at 131,000 tonnes, which is still the lowest in the year. Yet, the customs...
Aluminium scrap imports in June augment by 23.67% M-o-M despite supply constraints in China
As of June 2022, 124,600 tonnes of aluminium scrap were imported, up by 23.67 per cent M-o-M and 220.3 per cent Y-o-Y, as said by the most recent statistical data. Since late June, the customs examination of imported aluminium scrap was loosened. In the first half of 2022, imports totalled 630,400...
China’s primary aluminium inventories continue to grow W-o-W by 7,000 tonnes on August 1
China’s social inventories of primary aluminium continued to increase by 7,000 tonnes week-on-week as of Monday, August 1, found the Shanghai Metals Market. The inventories grew across eight major consumption areas, including SHFE warrants, to clock at 678,000 tonnes. However, compared to the same...
LME aluminium benchmark price heightens by US$17.50/t to begin week; SHFE plummets US$43/t
LME aluminium opened at US$2,481.5 per tonne on Monday and closed at US$2,450 per tonne, a drop of US$32.5 per tonne or 1.31 per cent. LME aluminium cash bid price stopped at US$2,469 per tonne, with a 0.77 per cent or US$19 per tonne escalation to begin the week on August 1, while LME aluminium...
China’s A00 aluminium ingot price plunges by RMB130/t; Low carbon aluminium price descends by RMB113/t
Following a hike for three consecutive days from July 27 to July 29, China’s A00 aluminium ingot price dropped on Monday and Tuesday. As of August 2, the primary aluminium ingot price declined further by RMB 130 per tonne to rest at RMB 18,170 per tonne. The average price for the same is expected...
A00 aluminium ingot price suffers a loss of RMB320/t after three hikes; but aluminium alloys(ADC12) price grows to RMB18350/t
A00 aluminium ingot price in China has plummeted by RMB 320 per tonne after three consecutive days of rally from RMB 17,840 per tonne to RMB 18,620 per tonne, found the Shanghai Metals Market. As of Monday, August 1, the primary aluminium ingot price has come in at RMB 18,300 per tonne, with...
China’s primary aluminium ingot inventory witnesses a W-o-W rise to 671,000 tonnes on July 28
According to the Shanghai Metals Market, primary aluminium inventories in China witnessed an augmentation of 3,000 tonnes week-on-week across eight major consumption areas, including SHFE warrants. Therefore, on Thursday, July 28, the inventories totalled 671,000 tonnes, which in comparison with...
China’s aluminium billet inventories expand by 12,200 tonnes W-o-W to 107,600 tonnes
On Thursday, July 28, the aluminium billet inventory heightened by 12,200 tonnes from 95,400 tonnes recorded last week. The inventory as of Thursday, July 28, closed at 107,600 tonnes. As per the SMM data, the inventories in Foshan and Huzhou witnessed growth, whereas, on the other hand,...
