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 aluminium billet production to close the year higher at 15.06 MT; Remelting billet output to total at 1 MT
According to the survey conducted by the Shanghai Metals Market, the conversion margins of aluminium billet are standing high for a long. The inventory of billet is falling over the past seven weeks but is likely to enter a new round of accumulation, given the fall in shipments amid sluggish...
Average alumina spot price in China slips by RMB 52/t to close at RMB 3,020/t; A00 aluminium ingot price climbs up by RMB 80/t
On Friday, December 10, the average alumina spot price in China has slumped by RMB 52 per tonne or by 1.69 percent to settle at RMB 3,020 per tonne, found the Shanghai Metals Market. The average alumina price in Henan and Shanxi has slipped by RMB 50 per tonne to settle at RMB 3,010 per tonne and...
China's primary aluminium inventories shrink for the third week in a row to 952,000 tonnes as of December 9
According to the Shanghai Metals Market, social inventories of primary aluminium in China have continued to shrink for the third week in a row ending December 9, 2021. Data shows the inventories have decreased by 50,000 tonnes across eight major consumption areas, including SHFE warrants, to stand...
Aluminium billet inventories in China grows by 13,800 tonnes this week to close at 85,500 tonnes
According to the Shanghai Metals Market, aluminium billet inventories in China escalate by 13,800 tonnes week-on-week across five major consumption areas. As a result, the inventories settled at 85,500 tonnes as of Thursday, December9. Only in Nanchang, inventories fell by 2,900 tonnes, or 21.82...
China’s average alumina spot price continues to decline to RMB3072/t; A00 aluminium ingot price sheds RMB90/t
The average alumina spot price in China has recorded a continued decline of RMB 55 per tonne to RMB 3,072 per tonne on Thursday, December 9, found the Shanghai Metals Market. In Shandong, the price has shrunk by RMB 75 per tonne to RMB 3,175 per tonne, while the price in Shanxi has dwindled by RMB...
Metallurgical-grade alumina production in China records a 0.83% hike to 6.1 million tonnes in November 2021 (30days)
According to the latest data revealed by the Shanghai Metals Market, alumina production in China in November (30 days) 2021 stood at 6.24 million tonnes, of which metallurgical-grade alumina was 6.1 million tonnes. On a month-on-month calculation, the production of metallurgical-grade alumina stood...
China’s aluminium production in Nov’21 declines 3% Y-o-Y to 3.07 MT, with daily average output at 102,000 tonnes
In November (30 days) 2021, China’s aluminium production stood at 3.07 million tonnes, reflecting a year-on-year decrease of 3 per cent, found the Shanghai Metals Market. The daily average output came in at 102,000 tonnes, flat on the month. From January to November, China’s total aluminium...
Average alumina spot price in China descends by RMB 68/t to stand at RMB 3,127/t; A00 aluminium ingot price hikes by RMB 100/t
The average alumina spot price has been in the declining phase since November 25. According to the Shanghai Metals Market, the average alumina spot price has shrunk by RMB 68 per tonne or by 2.12 percent to close at RMB 3,127 per tonne, as of December 8. The average alumina price in Henan and...
Average alumina spot price in China drops by RMB53/t to close at RMB 3,195/t; A00 aluminium ingot price shrinks by RMB 90/t
According to the Shanghai Metals Market, on Tuesday, December 7, the average alumina spot price has dropped by RMB 53 per tonne or by 1.63 percent to settle at RMB 3,195 per tonne. The average alumina price in Shandong and Henan has slipped by RMB 60 per tonne to total at RMB 3,290 per tonne and...
Average alumina spot price in China further slumps by RMB55/t, but A00 aluminium ingot price grows to RMB18780/t
The average alumina spot price in China has continued to fall on December 6, 2021, by RMB 55 per tonne to RMB 3,248 per tonne, found the Shanghai Metals Market. This marks the eighth consecutive working day of decline. In Shandong and Shanxi, alumina spot price has slumped by RMB 75 per tonne and...
Alumina spot price in China registers a week-long decline to RMB3303/t; A00 aluminium ingot price shrinks by RMB210/t
The average alumina spot price in China has recorded a week-long decline from November 25 to December 3. According to the Shanghai Metals Market, the price ends this week on Friday, December 3, at RMB 3,303 per tonne, losing RMB 48 per tonne from the previous day. Compared to a week ago, China’s...
Primary aluminium inventories in China decline by 15,000 tonnes over the week to 1 million tonnes on December 2
China’s social inventories of primary aluminium have continued to decrease for the second week in a row ending December 2, 2021, by 15,000 tonnes, found the Shanghai Metals Market. SMM data shows the inventories have declined across eight major consumption areas, including SHFE warrants, to come in...
Aluminium billet inventories in China drops by 7,200 tonnes this week to total at 71,700 tonnes
According to the Shanghai Metals Market, aluminium billet inventories in China drops by 7,200 tonnes week-on-week across five major consumption areas. Due to which the inventories stood at 71,700 tonnes as of Thursday, December 2. The greatest contributor to the dropping social inventory was still...
Alumina spot price in China declines for the sixth day in a row to RMB3351/t, but A00 aluminium ingot price inches up by RMB10/t
The decline in average alumina spot price in China has been continuing since a week starting from November 25, 2021. According to the Shanghai Metals Market data, the price has decreased by RMB 43 per tonne on Thursday, December 2, to stand at RMB 3,351 per tonne. In Guangxi and Guizhou, alumina...
Average alumina spot price in China descends by RMB 10/t to close at RMB 3,394/t; A00 aluminium ingot price climbs by RMB 30/t
According to the Shanghai Metals Market, the average alumina spot price has shrunk by RMB 10 per tonne to close at RMB 3,394 per tonne, as of Wednesday, December 1. The average alumina price in Henan has decreased by RMB 10 per tonne to stand at RMB 3,415 per tonne, as of December 1. For the same...
Average alumina spot price in China decreases by RMB 59/t to stand at RMB 3,437/t; Aluminium Fluoride price ascends by RMB 500/t
The average alumina spot price on November 26 has decreased by RMB 59 per tonne or 1.68 percent to stand at RMB 3,437 per tonne, found the Shanghai Metals Market. The average alumina price in Lianyungang and Bayuquan has nosedived by RMB 400 and RMB 375 per tonne to close at RMB 3,150 per tonne and...
Primary aluminium inventories in China plunge by 21,000 tonnes this week to stand at 1.02 million tonnes
China’s social inventories of primary aluminium have decreased by 21,000 tonnes week-on-week on Thursday, November 25, following a hike last week. According to the Shanghai Metals Market, the inventories this week have totalled 1.02 million tonnes across eight major consumption areas, including...
Aluminium billet inventory in China falls by 21,600 tonnes this week to stand at 78,900 tonnes
Aluminium billet inventories in China dwindled by 21,600 tonnes week-on-week across five major consumption areas, found the Shanghai Metals Market. As a result, the inventories settled at 78,900 tonnes as of Thursday, November 25. The inventories in Foshan and Huzhou declined the most, while Wuxi...
