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 social inventories of primary aluminium dip over the weekend by 3000 tonnes but Gongyi sees a rise of 10,000 tonnes
As of Monday, May 9, social inventories of primary aluminium dipped over the weekend by 3,000 tonnes but rose week-on-week by 43,000 tonnes, found the Shanghai Metals Market data. Thus, the inventories came in at 1.03 million tonnes across eight major consumption areas, including SHFE warrants. The...
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China’s A00 aluminium ingot price hikes by RMB480/t; Aluminium alloy (A356) price surges by RMB500/t
On Wednesday, May 11, China’s A00 aluminium ingot price has surged by RMB 480 per tonne, after witnessing downfall since May 5, says SMM data. The price for today has been recorded at RMB 20,120 per tonne, with average price expected to range between RMB 20,100 per tonne and RMB 20,140 per tonne...
China’s metallurgical-grade alumina output moves down by 2.2% M-o-M but up by 5.05% Y-o-Y
China’s alumina output in April 2022 (30 calendar days) settled at 6.397 million tonnes, including 6.201 million tonnes of metallurgical-grade alumina, says SMM data. Metallurgical-grade alumina output averaged 206,000 tonnes per day, down 2.2 per cent M-o-M but up by 5.05 per cent Y-o-Y. In April,...
China’s daily average aluminium production grows 3000 tonnes M-o-M in April’22 in spite of a marginal fall in monthly output
According to the Shanghai Metals Market data, China’s aluminium production in April 2022 stood at 3.298 million tonnes, registering an increase of 1.47 per cent year-on-year but a marginal drop from the previous month. However, the daily average output grew by 3,000 tonnes month-on-month to 109,900...
China’s A00 aluminium ingot price nosedives by RMB520/t; Aluminium alloy (A356) price plunges by RMB500/t
China’s A00 aluminium ingot price has closed at RMB 19,780 per tonne, after witnessing a plunge of RMB 520 per tonne. The average price for today is expected to range between RMB 19,760 per tonne and RMB 19,800 per tonne, with spot contract to be traded at a discount price of RMB -50 to RMB -10 per...
Primarily aluminium weekly recap: Rusal sanctions would unsettle aluminium market, Rio Tinto acknowledges; Hydro reports profitable 1Q2022, with adjusted EBIDTA closing at NOK 11,165 million
The primary aluminium industry had witnessed a plunge in LME aluminium price by US$127.5 per tonne to close at US$2,911.50 per tonne on Tuesday, May 3, which increased by 0.60 percent or US$17.50 per tonne to settle at US$2,929 per tonne on Wednesday, May 4. The official settlement price for...
China’s primary aluminium inventories build-up by 46,000 tonnes W-o-W as operating rates recover from pandemic
On May 5, 2022, social inventories of primary aluminium in China gained 46,000 tonnes week-on-week, marking a rise after three consecutive weeks of fall. According to the Shanghai Metals Market data, the inventories totalled 1.03 million tonnes this week across eight major Chinese consumption...
China’s A00 aluminium ingot price dwindles by RMB420/t; Aluminium alloy (A356) price slumps by RMB400/t
As per Shanghai Metals Market (SMM), China’s A00 aluminium ingot price has declined by RMB 420 per tonne to score at RMB 20,300 per tonne. The average price for the same is expected to range between RMB 20,280 per tonne and RMB 20,320 per tonne, with spot contract to be traded at a discount price...
China’s alumina spot price gains RMB6/t after a week-long restraint; A00 aluminium ingot price shrinks to RMB20720/t
According to the Shanghai Metals Market, the average alumina spot price has increased by RMB 6 per tonne after remaining restrained at RMB 3,010 per tonne from April 22 to 29. Hence, as of May 5, the price is standing at RMB 3,016 per tonne. In Henan, alumina price has hiked by RMB 15 per tonne to...
China’s A00 aluminium ingot price slips by RMB40/t; Aluminium alloy (A356) price falls by RMB50/t
China’s A00 aluminium ingot price has slipped by RMB 40 per tonne on Friday, April 29, after witnessing a hike the previous day, found the SMM. The price for Friday, April 29 closed at RMB 20,810 per tonne, with average prices likely to range between RMB 20,790 per tonne and RMB 20,830 per tonne....
Primary aluminium inventories in China shrink by 34000 tonnes as delivery recovers from COVID pandemic
According to the Shanghai Metals Market, primary aluminium inventories in China have decreased this week by 34,000 tonnes or 11 per cent across eight major consumption areas, including SHFE warrants. Thus, compared to 1.02 million tonnes last Thursday, April 21, primary aluminium inventories have...
China’s A00 aluminium ingot price hikes to RMB 20850/t after four consecutive declines; Aluminium alloy prices gain RMB100/t
A00 aluminium ingot price in China has climbed up by RMB 120 per tonne, following four consecutive days of decline until April 27, found the Shanghai Metals Market. Data shows the hike has brought the ingot price at RMB 20,850 per tonne, with average prices estimated to range between RMB 20,830 per...
A00 aluminium ingot price in China slips by RMB10/t; Caustic soda price in Shandong drops by RMB30/t
On Wednesday, April 27, China’s A00 aluminium ingot price has closed at RMB 20,730 per tonne, after witnessing a decrease of RMB 10 per tonne. The average price for the same is expected to hover between RMB 20,710 per tonne and RMB 20,750 per tonne. For today the spot contract is likely to be...
China’s A00 aluminium ingot price shrinks for the third day to RMB20740/t for ongoing pandemic; Aluminium alloy (A356) plunges by RMB200/t
A00 aluminium ingot price in China has decreased for the third day in a row by RMB 210 per tonne on Tuesday, April 26, to stand at RMB 20,740 per tonne, found the Shanghai Metals Market. The average prices are estimated to range between RMB 20,720 per tonne and RMB 20,760 per tonne, with spot...
China’s pandemic situation causes operating rates of aluminium producers fall by 64.5%
As per the reports from SMM, the average operating rate of major aluminium processing companies fell 3.3 percent to 64.5 percent last week (April 18 to April 22). Except for a modest gain in the aluminium wire and cable sector and constant operating rates in the aluminium plate, sheet, and strip...
A00 aluminium ingot price in China falls by RMB850/t; Australian alumina FOB price inches down by US$1/t
On March 25, Monday, China’s A00 aluminium ingot price has settled at RMB 20,950 per tonne after witnessing a drop of RMB 850 per tonne, found the Shanghai Metals Market. The average price for the same day is expected to orbit between RMB 20,930 per tonne and RMB 20,970 per tonne, with spot...
China’s primary aluminium inventories continue to fall by 42000 tonnes W-o-W as purchase recovers after pandemic
According to the Shanghai Metals Market, social inventories of primary aluminium in China continued to record week-on-week fall since the last drop of 3,000 tonnes on the previous Thursday, April 14. But compared to the prior week, the inventories fell extensively this Thursday by 42,000 tonnes...
Average alumina price in China expands to RMB3010/t after a restraint last day; but A00 aluminium ingot price drops by RMB30/t
The average alumina spot price in China has recorded an increase of RMB 4 per tonne on Friday, April 22, following a restraint on the previous day. According to the Shanghai Metals Market, the price has closed the week at RMB 3,010 per tonne. However, the alumina price growth has not touched upon...
