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 primary aluminium exports in March'22 grow exponentially Y-o-Y to 42300 tonnes backed on decreased overseas output
According to the Shanghai Metals Market, China imported 39,400 tonnes of primary aluminium in March 2022, which reflected a sharp rise of 115 per cent month-on-month but a downfall of 55.1 per cent year-on-year. In contrast, China’s exports of primary aluminium grew year-on-year by 5571 per cent in...
A00 aluminium ingot price in China surges by RMB80/t; Aluminium alloy (A356) price ascends by RMB50/t
China’s A00 aluminium ingot price stopped at RMB 21,830 per tonne, after witnessing a rise of RMB 80 per tonne on Thursday, April 21, opines SMM. The average price is expected to hover between RMB 21,810 per tonne and RMB 21,850 per tonne, with spot contract to be traded at a premium price of RMB...
China’s A00 aluminium ingot price slumps by RMB280/t after five consecutive hikes; Alumina price extends growth above RMB3000/t
A00 aluminium ingot price in China has plunged by RMB 280 per tonne on Wednesday, April 20, after the five consecutive days of hike. The Shanghai Metals Market data shows the price has come in at RMB 21,750 per tonne, with average prices likely to range between RMB 21,730 per tonne and RMB 21,770...
China’s A00 aluminium ingot price halts at RMB22030/t, a rise of RMB230/t; Alumina spot price inches up by RMB2/t
China’s A00 aluminium ingot price has been on the rise since Wednesday, April 13. Based on the data from the Shanghai Metals Market, the price for today (Tuesday, April 19) has stopped at RMB 22,030 per tonne, recording a rise of RMB 230 per tonne. The average price for the same is expected to...
SHFE aluminium moves upward in the graph to US$3466/t; LME is closed for Easter and will resume tomorrow
On Tuesday, 19 th April, the benchmark aluminium price for SHFE has increased by US$40 per tonne or 0.23 per cent to stand at US$3,466 per tonne. Overnight, the most-traded SHFE 2205 aluminium contract opened at RMB 21,895 per tonne, with the highest and lowest at RMB 22,200 per tonne and RMB...
China’s alumina spot price grows W-o-W by RMB5/t on strict cross-province transportation; A00 aluminium ingot price expands to RMB21800/t
According to the Shanghai Metals Market, the average alumina spot price in China has recorded an increase of RMB 3 per tonne to stand at RMB 2,997 per tonne on Monday, April 18, following three days of restraint at RMB 2,994 per tonne. On a week-on-week calculation, the alumina spot price is up by...
Primary aluminium weekly recap: Alcoa to supply low-carbon EcoLum™ aluminum to Speira; Green hydrogen a solution to keep Tiwai aluminium smelter operational beyond 2024
This week the world’s primary aluminium segment reflected sporadic yet crucial changes. LME aluminium benchmark price on Monday, April 11, had opened the week with a fall of 4.72 percent to register at US$3,234.50 per tonne. However, on Thursday, April 14, the price had inched up by 0.95 percent to...
China’s primary aluminium inventories drop by 3,000 tonnes on Thursday after two weekly hikes
On Thursday, April 14, China’s social inventories of primary aluminium dipped after two weekly hikes. The Shanghai Metals Market data showed the inventories dropped by 3,000 tonnes week-on-week across eight major consumption areas, including SHFE warrants, to total 1.063 million tonnes. Last...
A00 aluminium ingot price closes the week with a rise of RMB270/t; Aluminium alloy (A356) price rises by RMB250/t
As per SMM report, the A00 aluminium ingot price in China has again witnessed a rise on Friday, April 15. For today, the price has increased by RMB 270 per tonne to come in at RMB 21,730 per tonne. The average price for the same is expected to range between RMB 21,710 per tonne and RMB 21,750 per...
China’s daily average aluminium production grows 1700tonnes/day in March’22 on new capacities commencement
According to the Shanghai Metals Market, China’s aluminium production in March 2022 (31 days) stood at 3.315 million tonnes, 0.92 per cent less year-on-year. The daily average output was 106,900 tonnes, which also reflected a drop of 1000 tonnes on the year but 1,700 tonnes more than in the...
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China’s A00 aluminium ingot price surges by RMB400/t; Aluminium alloy (A356) price grows by RMB200/t
China’s A00 aluminium ingot price has augmented by RMB 400 per tonne to peg at RMB 21,460 per tonne, opines SMM. The average price for the same is expected to orbit between RMB 21,440 per tonne and RMB 21,480 per tonne, with spot contract to be traded at a premium price of RMB 20-20 per tonne. The...
A00 aluminium ingot price rebounds above RMB21000/t; Aluminium alloy (A356) price hikes by RMB200/t
According to the Shanghai Metals Market, A00 aluminium ingot price in China has hiked by RMB 210 per tonne to stand above RMB 21,000 per tonne on Wednesday, April 13. SMM data has found that the price has come in at RMB 21,060 per tonne, with average prices likely to range between RMB 21,040 per...
China’s aluminium production drops 1% YoY to 3.315 million tonnes in March attributing to COVID pandemic recurrence
According to the data shown by the Shanghai Metals Market, China produced 3.315 million tonnes of aluminium in March 2022, a decrease of 0.92 per cent year-on-year. Also, the daily average output stood 1,000 tonnes per day lower over the year to 106,900 tonnes but edged a hike of 1,700 tonnes per...
A00 aluminium ingot price in China plummets by RMB570/t over the weekend; but alumina price grows by RMB3/t
A00 aluminium ingot price in China has further plunged over the weekend ended April 11, 2022, by RMB 570 per tonne to stand at RMB 21,230 per tonne, found the Shanghai Metals Market. The average prices are expected to range between RMB 21,210 per tonne and RMB 21,250 per tonne, with a spot contract...
China’s primary aluminium inventories further accumulate 25000 tonnes this week to total at 1.066 Mt
According to the Shanghai Metals Market, China’s social inventories of primary aluminium have continued to grow this week by 25,000 tonnes across eight major consumption areas, including SHFE warrants. Thus, SMM data shows the inventories have come in at 1.066 million tonnes, as of Thursday, April...
China’s aluminium billet inventory augments as pandemic weakens consumption
China’s aluminium billet inventory has been on the decline side since Thursday, March 10. As per the latest data by SMM, on Thursday, April 7, aluminium billet inventory has augmented by 8,100 tonnes or 5.12 percent W-o-W to score at 165,600 tonnes. Because of the pandemic's impact on mainstream...
A00 aluminium ingot price further plummets by RMB450/t as COVID undermines domestic consumption; but input costs inflate
A00 aluminium ingot price in China has nosedived for the second day in a row by RMB 450 per tonne to stand at the edge of RMB 22,000 per tonne. According to the Shanghai Metals Market, the price has come in at RMB 22,030 per tonne, with average prices estimated to range between RMB 22,010 per tonne...
Composite PMIs for China’s some aluminium downstream sectors grow over month, thanks to demand recovery
According to the monthly PMI report presented by the Shanghai Metals Market, the composite PMI reading for China’s aluminium downstream processing sectors came in at 49.1 in March, recording a month-on-month rise of 19.8 percentage points and a year-on-year decline of 14.1 percentage points....
