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 augments to RMB 21,880/t after a three-day fall
On Friday, March 11, A00 aluminium ingot price in China has ascended after a three-day consecutive fall to close above RMB 21,800 per tonne. According to the Shanghai Metals Market, the aluminium ingot price has gone up by RMB 380 per tonne to settle at RMB 21,880 per tonne. The average prices are...
Primary aluminium inventories in China further gain 20,000 tonnes this week on wait-and-watch downstream sentiment
According to the Shanghai Metals Market, social inventories of primary aluminium have built up by 20,000 tonnes week-on-week across eight major consumption areas in China, including SHFE warrants. Data shows inventories have come in at 1.14 million tonnes on March 10 compared to 1.12 million tonnes...
Alumina production in China sees a dent in February 2022 as a result of new Covid cases in Guangxi
According to the Shanghai Metals Market, alumina production in China during February 2022 (28 calendar days) stood at 5.47 million tonnes versus 6.5 million tonnes in January (31 calendar days). That reflected a downfall of 15.85 per cent month-on-month. The output of metallurgical-grade alumina...
China’s A00 aluminium ingot price falls sharply for the third consecutive day below RMB22000/t
According to the Shanghai Metals Market, A00 aluminium ingot price in China has continued to plunge for the third consecutive day to stand below RMB 22,000 per tonne. Data shows the price has come in at RMB 21,500 per tonne, reflecting a decrease of RMB 560 per tonne from RMB 22,060 per tonne on...
China’s daily aluminium output grows M-o-M to 105,000 tonnes in Feb’22 amid new operating capacities or resumption
China’s aluminium production in 28 days of February 2022 reflected a positive trend with a daily average output of 105,000 tonnes, up by 2,000 tonnes from 103,000 tonnes a month earlier. Total production in the month came in at 2.95 million tonnes versus 3.204 million tonnes in January (31 days)....
A00 aluminium ingot price crashes further by RMB660/t to RMB22060/t; Aluminium alloy (A356) price falls by RMB600/t
On Wednesday, March 9, A00 aluminium ingot price has depreciated further by RMB 660 per tonne to peg at RMB 22,060 per tonne, found the Shanghai Metals Market. The average prices for the same are expected to range between RMB 22,040 per tonne and RMB 22,080 per tonne, with spot contract to be...
A00 aluminium ingot price plummets by RMB1140/t on lower downstream purchases
A00 aluminium ingot price in China has nosedived by RMB 1,140 per tonne on Tuesday, March 8, to come in at RMB 22,720 per tonne, found the Shanghai Metals Market, attributable to lower willingness of downstream purchases in the domestic market. The average prices are expected to range between RMB...
China’s alumina price declines for the eighth day in a row to RMB2981/t; A00 aluminium ingot price shrinks by RMB100/t on inventory rise
According to the Shanghai Metals Market, the average alumina spot price in China has continued to decline by RMB 39 per tonne to stand at RMB 2,981 per tonne on Friday, March 4. This marks the eighth consecutive day of fall since February 22. In Henan, alumina spot price has slipped by RMB 45 per...
China’s primary aluminium inventories build up by 21000 tonnes W-o-W to total 1.12 million tonnes
According to the Shanghai Metals Market, social inventories of primary aluminium have continued to grow week-on-week to total 1.12 million tonnes. This week, as of March 3, the inventories have grown by 21,000 tonnes from 1.1 million tonnes on last Thursday across eight major consumption areas,...
More sanctions on Russia escalate A00 aluminium ingot price by RMB 690/t
The Russia-Ukraine conflict has stirred the metal industry to the core, causing the aluminium prices to inflate further as more sanctions on Russia were imposed, as of Thursday, March 3. The A00 aluminium ingot price has jumped again by RMB 690 per tonne to stand at RMB 23,540 per tonne, found the...
China’s A00 aluminium ingot price sees a surge of RMB300/t as sanctions on Russia fuel supply concerns
As the fear of metal supply disruptions has heightened across the world due to sanctions on Russia, A00 aluminium ingot price in China has increased by RMB 300 per tonne to stand at RMB 22,850 per tonne on Wednesday, March 2, found the Shanghai Metals Market. China’s domestic aluminium market has...
Average alumina spot price in China slumps by RMB 26/t to RMB 3,127/t; A00 aluminium ingot price drops by RMB 150/t
According to the Shanghai Metals Market, the average alumina spot price in China has slipped by RMB 26 per tonne to close at RMB 3,127 per tonne on Tuesday, March 1. For the same day in Henan and Shanxi, the price has slumped by RMB 30 per tonne and RMB 20 per tonne to register at RMB 3,180 per...
Average alumina spot price in China plunges by RMB 35/t to RMB 3,153/t; A00 aluminium ingot price falls by RMB 120/t
On Monday, February 28, the average alumina spot price in China has fallen by RMB 35 per tonne to come in at RMB 3,153 per tonne, finds the Shanghai Metals Market. In Shanxi and Guangxi, the price has gone down by RMB 25 per tonne to record at RMB 3,115 per tonne and RMB 3,135 per tonne. In...
Average alumina spot price in China declines by RMB 48/t to RMB 3,188/t; A00 aluminium ingot price grows by RMB 120/t
According to the Shanghai Metals Market, the average alumina spot price in China has been moving down since Tuesday, February 22. On Friday, February 25, the price has declined by RMB 48 per tonne to score at RMB 3,188 per tonne. The price in Shandong and Shanxi has also fallen down by RMB 60 per...
Primary aluminium inventories in China gain 60,000 tonnes W-o-W to total 1.1 million tonnes
According to the Shanghai Metals Market, social inventories of primary aluminium have totalled 1.1 million tonnes, gaining 60,000 tonnes week-on-week across eight major consumption areas, including SHFE warrants. The smelters and traders were highly willing to make shipments, but the downstream...
Alumina spot price in China plunges by RMB42/t to score at RMB3236/t, but A00 aluminium ingot price remains restrained
The average alumina spot price in China has plunged by RMB 42 per tonne to score at RMB 3,236 per tonne on Thursday, February 24, found the Shanghai Metals Market. In Shandong, alumina price has nosedived by RMB 90 per tonne to come in at RMB 3,205 per tonne, while the price in Shanxi and Henan has...
Average alumina spot price in China dips by RMB 27/t to RMB 3,278/t; A00 aluminium ingot price slips by RMB 230/t
On Wednesday, February 23, the average alumina spot price in China has gone down by RMB 27 per tonne to score at RMB 3,278 per tonne, finds the Shanghai Metals Market. For the same day in Shandong and Henan the price has moved down by RMB 5 per tonne to settle at RMB 3,295 per tonne and RMB 3,315...
Average alumina spot in China registers at RMB 3,305/t; A00 aluminium ingot price hikes by RMB 300/t
According to the Shanghai Metals Market, on Tuesday, February 22, the average alumina spot price has remained restrained to settle at US$3,305 per tonne. The price has remained the same since Wednesday, February 16. The price in provinces like Shandong and Henan has also remained constant to score...
