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Average alumina spot price in China shrinks by RMB 195/t to close at RMB 3,496/t; A00 aluminium ingot price surges by RMB 200/t
25 NOV 20213MINS

Average alumina spot price in China shrinks by RMB 195/t to close at RMB 3,496/t; A00 aluminium ingot price surges by RMB 200/t

On Thursday November 25, the average alumina spot price has plummeted after 4 days of remaining restraint. The recorded price closed at RMB 3,496 per tonne, showing a decrease of 5.28 percent or RMB 195 per tonne, found the Shanghai Metals Market. The average alumina price in Henan has descended by...

A00 aluminium ingot price drops by RMB50/t after three days of hike in a row; Aluminium alloys(ADC12) price shrinks to RMB20,300/t
24 NOV 20212MINS

A00 aluminium ingot price drops by RMB50/t after three days of hike in a row; Aluminium alloys(ADC12) price shrinks to RMB20,300/t

After the three consecutive days of hike from RMB 18,340 per tonne to RMB 19,170 per tonne, A00 aluminium ingot price in China has recorded a drop of RMB 50 per tonne on Wednesday, November 24, to come in at RMB 19,120 per tonne. According to the Shanghai Metals Market, the average prices are...

A00 aluminium ingot price in China surges for the third day in a row to RMB19170/t; Aluminium alloy (A356) price builds-up RMB200/t
23 NOV 20212MINS

A00 aluminium ingot price in China surges for the third day in a row to RMB19170/t; Aluminium alloy (A356) price builds-up RMB200/t

According to the Shanghai Metals Market, A00 aluminium ingot price in China has increased for the third day in a row by RMB 250 per tonne to stand at RMB 19,170 per tonne on Tuesday, November 23. The average prices are estimated to range between RMB 19,150 per tonne and RMB 19,190 per tonne, with...

Aluminium smelter explosion in China’s Yunnan province fuels surge in price of the metal
20 NOV 20212MINS

Aluminium smelter explosion in China’s Yunnan province fuels surge in price of the metal

On 19 th November 2021, the prices of aluminium surged as the cloud of supply distress is anticipated following an aluminium smelter in China that ceased its production due to an explosion. The Shanghai Metal Market reported that in China’s Yunnan province, an aluminium smelter with an annual...

Alumina spot price in China continues to decline for the fourth straight day to RMB3691/t; A00 aluminium ingot price hikes by RMB190/t
19 NOV 20212MINS

Alumina spot price in China continues to decline for the fourth straight day to RMB3691/t; A00 aluminium ingot price hikes by RMB190/t

The average alumina spot price in China has continued to decrease for the fourth day in a row, found the Shanghai Metals Market. According to SMM data, alumina price has further slipped by RMB 10 per tonne on Friday, November 19, to settle at RMB 3,691 per tonne. In Shanxi and Guangxi, alumina...

Aluminium billet inventory in China drops by 11,700 tonnes this week to close at 100,500 tonnes
18 NOV 20211MINS

Aluminium billet inventory in China drops by 11,700 tonnes this week to close at 100,500 tonnes

Aluminium billet inventories in China dropped again by 11,700 tonnes week-on-week across five major consumption areas, found the Shanghai Metals Market. As a result, the inventories closed at 100,500 tonnes as of Thursday, November 18. The main reason behind the decline in aluminium billet...

China’s primary aluminium inventories gain 31000 tonnes week-on-week to 1.038 million tonnes on November 18
18 NOV 20211MINS

China’s primary aluminium inventories gain 31000 tonnes week-on-week to 1.038 million tonnes on November 18

China’s social inventories of primary aluminium have built up by 31,000 tonnes this week across eight major consumption areas, including SHFE warrants, found the Shanghai Metals Market. Thus, the inventories have amounted to 1.038 million tonnes on November 18, compared to 1.007 million tonnes last...

Alumina spot price in China falls for the third consecutive day by RMB11/t; A00 aluminium ingot price shrinks to RMB18340/t
18 NOV 20212MINS

Alumina spot price in China falls for the third consecutive day by RMB11/t; A00 aluminium ingot price shrinks to RMB18340/t

The average alumina spot price in China has continued to decline for the third day in a row, albeit lower than the previous day, found the Shanghai Metals Market. As per SMM data, the price has decreased by RMB 11 per tonne to stand at RMB 3,701 per tonne on Thursday, November 18. In Guangxi and...

US aluminium producers warn billet output cut due to magnesium and silicon supply shortage
17 NOV 20211MINS

US aluminium producers warn billet output cut due to magnesium and silicon supply shortage

According to the report shared by the Shanghai Metals Market, energy supply constraints due to soaring prices have pushed the United States' aluminium prices to record highs and also led to the shortages of key raw materials such as magnesium and silicon, exacerbating the tight supply situation of...

A00 aluminium ingot price in China further dips by RMB250/t to RMB18940/t; Aluminium alloy (A356) price shrinks by RMB300/t
16 NOV 20212MINS

A00 aluminium ingot price in China further dips by RMB250/t to RMB18940/t; Aluminium alloy (A356) price shrinks by RMB300/t

A00 aluminium ingot price in China on 16 th November has revealed a further dip of RMB 250 per tonne to RMB 18,940 per tonne, while the average prices are likely to range between RMB 18,920 per tonne and RMB 18,960 per tonne. The spot contract is estimated to be traded at a premium price of RMB...

A00 aluminium ingot price in China falls by RMB240/t to RMB19190/t; Aluminium alloys prices shed RMB100/t
15 NOV 20212MINS

A00 aluminium ingot price in China falls by RMB240/t to RMB19190/t; Aluminium alloys prices shed RMB100/t

A00 aluminium ingot price in China has opened the week on November 15 with a downfall of RMB 240 per tonne after two consecutive days of hike from RMB 18,510 per tonne to RMB 19,430 per tonne. According to the Shanghai Metals Market, the price is currently standing at RMB 19,190 per tonne, with...

A00 aluminium ingot price in China soars by RMB630/t to exceed RMB19000/t; Aluminium alloy (A356) price climbs by RMB600/t
12 NOV 20212MINS

A00 aluminium ingot price in China soars by RMB630/t to exceed RMB19000/t; Aluminium alloy (A356) price climbs by RMB600/t

A00 aluminium ingot price in China has soared by RMB 630 per tonne on November 12, marking the second consecutive day of hike. According to the Shanghai Metals Market, the price is standing at RMB 19,430 per tonne, with average prices likely to range between RMB 19,410 per tonne and RMB 19,450 per...

Aluminium billet inventories in China decrease for the fourth week in a row to 112,200 tonnes: SMM
11 NOV 20211MINS

Aluminium billet inventories in China decrease for the fourth week in a row to 112,200 tonnes: SMM

Aluminium billet inventories in China have decreased for the fourth straight week by 26,100 tonnes or 18.87 per cent across five major consumption areas, found the Shanghai Metals Market. As a result, the inventories have come in at 112,200 tonnes as of Thursday, November 11, primarily contributed...

China’s social inventories of primary aluminium loss 6000 tonnes this week to settle at 1.007 million tonnes
11 NOV 20211MINS

China’s social inventories of primary aluminium loss 6000 tonnes this week to settle at 1.007 million tonnes

According to the Shanghai Metals Market, China’s social inventories of primary aluminium have dropped this week after more than two months of incessant hikes. Data shows the inventories have dipped by 6,000 tonnes across eight major consumption areas, including SHFE warrants, to come in at 1.007...

A00 aluminium ingot price in China records a hike of RMB290/t to RMB18800/t; Aluminium alloys (ADC12) price gains RMB50/t
11 NOV 20212MINS

A00 aluminium ingot price in China records a hike of RMB290/t to RMB18800/t; Aluminium alloys (ADC12) price gains RMB50/t

A00 aluminium ingot price in China has increased by RMB 290 per tonne to stand at RMB 18,800 per tonne on Thursday, November 11, following a plunge of RMB 440 per tonne on the previous day. SMM data shows the average prices are expected to range between RMB 18,780 per tonne and RMB 18,820 per...

China’s primary aluminium production reflects M-o-M increase of 1.6% to 3.16 million tonnes for October 2021
10 NOV 20212MINS

China’s primary aluminium production reflects M-o-M increase of 1.6% to 3.16 million tonnes for October 2021

In October 2021, China’s primary aluminium production reflected a month-on-month increase of 1.61 per cent from 3.11 million tonnes to 3.16 million tonnes, found the Shanghai Metals Market. But on a year-on-year basis, the output stood down by 2.55 per cent from 3.25 million tonnes. SMM data showed...

Average alumina spot price in China nosedives by RMB110/t to RMB3768/t; A00 aluminium ingot price shrinks to RMB18510/t
10 NOV 20212MINS

Average alumina spot price in China nosedives by RMB110/t to RMB3768/t; A00 aluminium ingot price shrinks to RMB18510/t

The average alumina spot price in China has decreased for the second day in a row on Wednesday, November 10. According to the Shanghai Metals Market, the price has plummeted by RMB 110 per tonne to come in at RMB 3,768 per tonne. In Shanxi, alumina spot price has seen a steep fall of RMB 175 per...

China’s alumina production in October 2021 records a 1.45% rise M-o-M to 6.29 million tonnes: SMM
09 NOV 20211MINS

China’s alumina production in October 2021 records a 1.45% rise M-o-M to 6.29 million tonnes: SMM

Shanghai Metals Market data showed China’s alumina production in October 2021 came in at 6.29 million tonnes, including 6.05 million tonnes of metallurgical grade alumina. On a month-on-month calculation, the output edged 1.45 per cent higher than 6.20 million tonnes, while on a year-on-year basis...