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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China’s A00 aluminium ingot price shoots RMB330/t up the scale; Guinea Bauxite CIF price rises by US$2/t
A00 aluminium ingot price has seen a substantial hike of RMB 330 per tonne to begin the week at RMB 18,360 per tonne, as recorded by the Shanghai Metals Market on Thursday, July 28. The average prices are expected to range between RMB 18,340 per tonne and RMB 18,380 per tonne, with spot contracts...
LME aluminium benchmark price closes higher at US$2437/t; SHFE gains US$29/t
LME aluminium opened at US$2,406.5 per tonne on Tuesday and closed at US$2,422 per tonne, an increase of US$14 per tonne or 0.58 per cent. LME aluminium cash bid price stopped at US$2,435 per tonne, with a 0.16 per cent or US$4 per tonne escalation on Tuesday, July 26, while LME aluminium official...
China’s primary aluminium inventories gain 3,000 tonnes over the weekend as trades decline in spot market
According to the Shanghai Metals Market, social inventories of primary aluminium gained 3,000 tonnes over the weekend across eight major consumption areas, including SHFE warrants. After several consecutive weeks of fall, primary aluminium inventories built-up to stand at 671,000 tonnes, but...
China’s A00 aluminium ingot price reports no change today at RMB17840/t; Low carbon aluminium price rose RMB3/t
A00 aluminium ingot price has witnessed no alteration today, remaining stoic at RMB 17,840 per tonne, as recorded by the Shanghai Metals Market on Tuesday, July 26. The average prices ranged between RMB 17,820 per tonne and RMB 17,860 per tonne, with spot contracts trading at a discount price of...
China’s primary aluminium ingot inventory plunges W-o-W to 668,000 on July 21
According to the Shanghai Metals Market, primary aluminium inventories in China witnessed a steep downfall of 29,000 tonnes week-on-week across eight major consumption areas, including SHFE warrants. Therefore, on Thursday, July 21, the inventories totalled 668,000 tonnes, which in comparison with...
China’s A00 aluminium price augments by RMB150/t; High purity aluminium prices see RMB200/t spike
A00 aluminium ingot price has seen an RMB 150 per tonne rise to close the week at RMB 17,990 per tonne, as recorded by the Shanghai Metals Market on Friday, July 22. The average prices are expected to range between RMB 17,970 per tonne and RMB 18,010 per tonne, with spot contracts trading at a...
China’s A00 aluminium ingot price drops RMB20/t with uneven price change in provinces; Low carbon aluminium price falls by RMB12/t
A00 aluminium ingot price in China has plummeted by RMB 20 per tonne on July 20, Wednesday. According to the Shanghai Metals Market, the price has accurately settled at RMB 17,880 per tonne, with average prices estimated to range between RMB 17,860 per tonne and RMB 17,900 per tonne and spot...
Primary aluminium inventories in China further shrink over the weekend to 682,000 tonnes
According to the Shanghai Metals Market, primary aluminium inventories continued to decrease over the weekend ended July 18 by 15,000 tonnes across eight major consumption areas in China, including SHFE warrants. As per the data, inventories came in at 682,000 tonnes as of July 18, compared to...
China’s A00 aluminium ingot price hikes by RMB160/t to RMB17,900/t; Average alumina price moves up by RMB3/t
On Tuesday, July 19, China’s A00 aluminium ingot price surged by RMB 160 per tonne to settle at RMB 17,900 per tonne. The average price for the same is expected to orbit between RMB 17,880 per tonne and RMB 17,920 per tonne, with spot contract to be traded at a discount price of RMB 30 per tonne...
China’s A00 aluminium ingot price heightens RMB320/t to begin the week; High purity aluminium price rises by RMB300/t
A00 aluminium ingot price has seen a substantial spike of RMB 320 per tonne to begin the week at RMB 17,740 per tonne, as recorded by the Shanghai Metals Market on Monday, July 18. The average prices are expected to range between RMB 17,720 per tonne and RMB 17,760 per tonne, with spot contracts to...
China’s primary aluminium ingot inventory gradually declines W-o-W to 697,000 tonnes on July 14
According to the Shanghai Metals Market, primary aluminium inventories in China witnessed a steep downfall of 26,000 tonnes week-on-week across eight major consumption areas, including SHFE warrants. Therefore, on Thursday, July 14, the inventories totalled 697,000 tonnes, which in comparison with...
Aluminium billet inventories in China tumble down by 3,200 tonnes W-o-W to 98,500 tonnes
As of July 14, the domestic aluminium billet social inventory closed at 98,500 tonnes, down by 3,200 tonnes W-o-W. Overall, decreased aluminium prices improved downstream consumer confidence. The durability of destocking will need strict monitoring, however, given the consistent output of aluminium...
China’s A00 aluminium ingot price closes the week with a slip of RMB20/t; Aluminium alloy (ADC12) price drops by RMB100/t
A00 aluminium ingot price in China closes the week with a slip of RMB 20 per tonne to settle at RMB 17,420 per tonne, says the SMM data. The average price for the same is expected to range between RMB 17,400 per tonne and RMB 17,440 per tonne, with spot contract to be traded at a premium price of...
China’s A00 aluminium ingot suffers an RMB160/t price decline; High purity aluminium price drops by RMB100/t
A00 aluminium ingot price in China has plummeted by RMB 160 per tonne on July 14, Thursday. According to the Shanghai Metals Market, the price has precisely settled at RMB 17,440 per tonne, with average prices estimated to range between RMB 17,420 per tonne and RMB 17,460 per tonne and spot...
LME aluminium benchmark price drops by US$59/t to US$2358/t; SHFE plummets by US$63/t
LME aluminium opened at US$2,372 per tonne on Tuesday and closed at US$2,360 per tonne, down US$17 per tonne or 0.72 per cent. LME aluminium cash bid price stood at US$2,357 per tonne, with a 2.44 per cent or US$59 per tonne slump, according to London Metal Exchange. LME aluminium official...
China’s A00 aluminium ingot price loses RMB190/t today; Alumina spot price inches up by RMB1/t
A00 aluminium ingot price in China has witnessed a plunge of RMB 190 per tonne on July 12, Tuesday. According to the Shanghai Metals Market, the price has precisely settled at RMB 17,990 per tonne, with average prices estimated to range between RMB 17,970 per tonne and RMB 18,010 per tonne and spot...
China’s A00 aluminium ingot price opens the week with a decline of RMB280/t; Average alumina spot price moves up by RMB4/t
On Monday, July 11, A00 aluminium ingot price in China opened the week with a dropdown of RMB 280 per tonne to settle at RMB 18,180 per tonne. The average price for the same is expected to range between RMB 18,160 per tonne and RMB 18,200 per tonne, with spot contract to be traded at a discount...
China’s aluminium processing enterprises witness a fall in operating rate by 0.2 percentage point despite stable wire & cable production
According to the Shanghai Metals Market, the average operating rate at China’s major aluminium processing enterprises has slipped by 0.2 percentage point this week ending on July 8, to stand at 66.5 per cent. Aluminium wire and cable was the only sector that recorded a growth in operating rate as...
