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 reduces to RMB20500/t with RMB30/t cut; Imported bauxite prices soar high
A00 aluminium ingot price has declined by RMB 30 per tonne to settle at RMB 20,500 per tonne on Thursday, May 26, dropping for the third day, as noted by the Shanghai Metals Market (SMM). The average prices are estimated to range between RMB 20,480 per tonne and RMB 20,520 per tonne, with spot...
SMM finds China’s aluminium plate/sheet and strip exports surge 52% Y-o-Y in April 2022
China customs data found the country’s aluminium plate/sheet and strip exports in April 2022 stood at 329,000 tonnes, registering a month-on-month increase of 1 per cent and a year-on-year rise of 52 per cent. Exports to the top 10 destinations were 189,200 tonnes, which accounted for 57.49 per...
Alumina price in China drops by RMB4/t resting at RMB2996/t; A00 aluminium ingot price crash-dives RMB230/t
On Tuesday, May 24, the average alumina spot price in China has stopped at RMB 2,996 per tonne, declining by RMB 4 per tonne, as found in the SMM data. The alumina price in Henan has also dropped by RMB 10 per tonne to halt at RMB 3,060 per tonne. A00 aluminium ingot price has plummeted after four...
China’s primary aluminium inventories continue to decline W-o-W to 942000 tonnes: SMM
According to the Shanghai Metals Market, social inventories of primary aluminium in China decreased by 42,000 tones week-on-week across eight major consumption areas, including SHFE warrants, to come in at 942,000 tonnes as of Monday, May 23. Compared to last Thursday, May 19, primary aluminium...
China’s alumina spot price falls successively by RMB7/t; A00 aluminium ingot price on boost recording RMB20840/t
The average alumina spot price has dropped for the fourth day in a row by RMB 7 per tonne to come in at RMB 3,000 per tonne as of Monday, May 23, found the Shanghai Metals Market. The alumina price in Lianyungang and Bayuquan has decreased by RMB 50 per tonne to record at RMB 3,050 per tonne and...
China’s aluminium billet inventory slips by 2,300 tonnes W-o-W to 136,400 tonnes
On May 19, China’s domestic aluminium billet inventory slumped by 2,300 tonnes or 1.66 percent W-o-W to score at 136,400 tonnes. Following the drop in aluminium prices and conversion margins, downstream purchasers were more eager to enter the market. SMM will be watching to see if consumption...
China’s A00 aluminium ingot price closes the week higher at RMB20770/t; Alumina price drops by RMB3/t
A00 aluminium ingot price has increased by RMB 260 per tonne to come in at RMB 20,770 per tonne on Friday, May 20, marking the third consecutive day of rise, found the Shanghai Metals Market (SMM). The average prices are estimated to range between RMB 20,750 per tonne and RMB 20,790 per tonne, with...
China’s primary aluminium inventories decline further by 38,000 tonnes W-o-W: SMM
According to the Shanghai Metals Market, social inventories of primary aluminium have decreased by 38,000 tonnes week-on-week across eight major consumption areas in China, including SHFE warrants, to come in at 965,000 tonnes as of Thursday, May 19. Compared to this Monday, May 16, the inventories...
China’s A00 aluminium ingot price augments by RMB110/t to RMB20510/t; Aluminium alloy (A356) price surges by RMB100/t
On May 19, A00 aluminium ingot price in China has shot up by RMB 110 per tonne to close at RMB 20,510 per tonne, finds SMM. The average price is expected to orbit between RMB 20,490 per tonne and RMB 20,530 per tonne, with spot contract to be traded at a discount price of -20 per tonne and premium...
Alumina price drops by RMB2/t after a restraint; A00 aluminium ingot price extends decline to RMB20400/t
According to the Shanghai Metals Market, the average alumina spot price in China has slipped by RMB 2 per tonne to settle at RMB 3,012 per tonne on Wednesday, May 18, following a restraint on the previous day. In Shanxi, the alumina price has dropped by RMB 5 per tonne to settle at RMB 2,955 per...
Primary aluminium inventories in China drop 2% over the weekend to shrink below 1 million tonnes
According to the Shanghai Metals Market, social inventories of primary aluminium have declined over the weekend ending May 16 by 19,000 tonnes or 1.89 per cent across eight major consumption areas, including SHFE warrants. On a year-on-year calculation, the inventories are down by 77,000 tonnes...
Operating rate across aluminium processors in China grows to 58.6% in the backdrop of recovery from the pandemic
According to the Shanghai Metals Market data, the average operating rate across aluminium processors in China grew by 1.3 percentage points week-on-week to stand at 58.6 per cent last week ended Friday, May 13, driven by the resumption of operations after the Labour Day Holiday. But compared to the...
China’s A00 aluminium ingot price opens the week with a hike of RMB400/t; Alumina spot price inches down by RMB2/t
China’s A00 aluminium ingot price has hiked by RMB 400 per tonne to close at RMB 20,510 per tonne, says SMM. The average price for the same is expected to range between RMB 20,490 per tonne and RMB 20,530 per tonne, with spot contract expected to be traded at a premium price of RMB 0-40 per tonne....
China’s A00 aluminium ingot price slumps for the second day by RMB160/t; aluminium alloy(A356) price decreases by RMB150/t
A00 aluminium price in China has declined by RMB 160 per tonne on Friday, May 13, to settle at RMB 20,110 per tonne, according to the data collected from the Shanghai Metals Market. The average aluminium prices are expected to range between RMB 20,090 per tonne and RMB 20,130 per tonne, while spot...
Aluminium billet inventory in China escalates by 10,000 tonnes W-o-W to 138,700 tonnes
On May 12, China’s domestic aluminium billet inventory surged by 10,100 tonnes or 7.84 per cent W-o-W to halt at 138,700 tonnes, said SMM. Lower conversion margins may in the future, entice purchasers. After the epidemic was brought under control, the market mood improved. As a result, inventories...
Primary aluminium inventories in China decline W-o-W by 30,000 tonnes to total 1 million tonnes
According to the Shanghai Metals Market, social inventories of primary aluminium continued to decrease across eight major consumption areas, including SHFE warrants. On a weekly basis, inventories decreased by 30,000 tonnes, while on a year plunged by 58,000 tonnes to come in at 1 million tonnes on...
China’s secondary aluminium operating rate drops to 33.1% in April’22 for scanty raw materials and production shut
According to the Shanghai metals Market, China’s average operating rate of secondary aluminium recorded a drop of 12.3 percentage points month-on-month to close at 33.1 per cent in April. The resurgence of COVID pandemic was the main reason behind the downfall. The situation deteriorated since...
Operation resumption at aluminium enterprises further lifts A00 aluminium ingot price by RMB150/t; caustic soda price gains RMB15/t
A00 aluminium ingot price in China has extended growth by RMB 150 per tonne on Thursday, May 12, to stand at RMB 20,270 per tonne, found the Shanghai Metals Market. The average prices are estimated to range between RMB 20,250 per tonne and RMB 20,290 per tonne, with spot contract to be traded at a...
