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...
Grow with
AL Circle
A00 aluminium ingot price shrinks by RMB190/t to close at RMB22630/t; Aluminium alloy (A356) price settles lower at RMB26750/t
According to the Shanghai Metals Market, A00 aluminium ingot price has shrunk by RMB 190 per tonne to come in at RMB 22,630 per tonne on Thursday, September 30, following a sharp rise of RMB 330 per tonne on the previous day to RMB 22,820 per tonne. The average prices are expected to range between...
Average alumina spot price in China continues to grow by RMB76/t to stand above RMB3800/t; A00 aluminium ingot price climbs by RMB330/t
According to the Shanghai Metals Market, the average alumina spot price has continued to grow for the third consecutive day to stand above RMB 3,800 per tonne. SMM data shows the price has built up by RMB 76 per tonne to come in at RMB 3,820 per tonne on Wednesday, September 29. The average alumina...
Primary aluminium inventories in China rise 23,000 tonnes week-on-week to 789,000 tonnes: SMM
According to the Shanghai Metals Market, social inventories of primary aluminium rose 23,000 tonnes on the week across eight major consumption areas, including SHFE warrants. SMM data showed the inventories as of Thursday, September 23, came in at 789,000 tonnes. The increase was mostly contributed...
Aluminium billet inventories in China continue to grow by 8,200 tonnes to stand at 157,000 tonnes this week
Aluminium billet inventories in China grew further this week ended September 23, 2021, to stand at 157,000 tonnes. According to the Shanghai Metals Market, inventories rose by 8,200 tonnes over the week across the five major Chinese consumption areas. Huzhou and Changzhou were the leading...
A00 aluminium ingot price nosedives by RMB400/t to stand at RMB22920/t; Aluminium alloy(A356) price closes lower at RMB26900/t
A00 aluminium ingot price has nosedived by RMB 400 per tonne on Friday, September 24, after hiking by RMB 500 per tonne on the previous day. According to the Shanghai Metals Market, the price has thus come in at RMB 22,920 per tonne, with average prices expected to range between RMB 22,900 per...
A00 aluminium ingot price increases by RMB500/t; Aluminium alloy (A356) price escalates by RMB1250/t to exceed RMB27000/t
A00 aluminium ingot price observed a record rise for the second day following the 4-day holiday. According to SMM, the primary aluminium ingot price has escalated by RMB 500 per tonne to come in at RMB 23,320 per tonne. However, the average prices are expected to range between RMB 23,300 per tonne...
Aluminium alloy(A356) price soars by RMB1000/t to exceed RMB26000/t; A00 aluminium ingot price climbs by RMB80/t
According to the Shanghai Metals Market, Aluminium alloy (A356) price has resumed after the Mid-Autumn Festivals holiday with a surge of RMB 1,000 per tonne to exceed RMB 26,000 per tonne on September 22. As per the data, the price is standing at a new high of RMB 26,050 per tonne, with average...
LME aluminium price closes 2.33% lower at US$2,847/t; SHFE market is closed for the Mid-Autumn Festivals holiday
On Monday, September 20, LME aluminium cash (bid) price decreased by US$67.5 or by 2.31 percent to close at US$2846.50 per tonne. The LME official settlement price dropped by US$68 or by 2.33 percent to settle at US$2847 per tonne. 3-month bid price and 3-month offer price closed at US$2856 per...
Primary Aluminium Weekly Recap: China’s August aluminium output falls for the fourth straight month to 3.16 MT; Japanese buyer to pay $220/t premium for Q4 aluminium shipments
The most notable event we witnessed this week in the global primary aluminium sector was the LME aluminium price leap to a 13-year high at US$3,000 per tonne, fuelled by raw materials supply disruptions in Guinea coupled with production restrictions in China. But both the LME aluminium cash (bid)...
Strict power rationing in Guizhou and Guangxi may affect 4.4 million mt of annual aluminium production capacity
The Shanghai Metals Market (SMM) survey revealed that in 2021, Guizhou Provincial Energy issued a notice on the orderly power utilisation plan in Guizhou Province. The main motive behind the plan was to respond to the power supply issue in the local regions and also to ensure a safe and stable...
Raw materials supply distress globally drives China’s imported alumina price to a 3-year high at US$492/t, shows SMM
Disruptions in primary aluminium raw materials supply due to the ongoing political unrest in Guinea, the largest supplier to the world’s leading aluminium producer China, has driven the latter’s imported alumina price to a 3-year high. According to the Shanghai Metals Market, the Australian alumina...
Aluminium billet inventories in China grow for the third week in a row to 148,840 tonnes
According to the Shanghai Metals Market, aluminium billet inventories in China have grown for the third week in a row, albeit lower than the previous weeks. SMM data shows the inventories have gained only 3,340 tonnes across five major consumption areas to stand at 148,840 tonnes on September 16....
China’s primary aluminium inventories gain 15,000 tonnes this week to stand at 766,000 tonnes: SMM
The social inventories of primary aluminium in China have built up by 15,000 tonnes week-on-week across eight major consumption areas, including SHFE warrants, to stand at 766,000 tonnes as of September 16, found the Shanghai Metals Market. On the last Thursday, September 9, the inventories grew by...
China’s alumina spot price climbs RMB154/t to surpass RMB3600/t; A00 aluminium ingot price soars by RMB500/t
The average alumina spot price has continued to surge in China, fuelled by domestic production cut due to refineries shut down and raw materials supply disruption due to ongoing political unrest in Guinea. According to the Shanghai Metals Market, alumina price has jumped by RMB 154 per tonne to...
Production cut at refineries in Guangxi lifts China’s alumina spot price to RMB3453/t; A00 aluminium ingot price nosedives by RMB650/t
The average alumina spot price in China has increased by RMB 85 per tonne on Wednesday, September 15, following a restraint on the previous day. According to the Shanghai Metals Market, the hike has brought the alumina price at RMB 3,453 per tonne, marking a week-on-week jump of RMB 292 per tonne....
China’s A00 aluminium ingot price plummets by RMB530/t after a week-long hike; Aluminium alloy(A356) price settles lower at RMB24000/t
After recording a continuous rise in last one week surpassing RMB 23,000 per tonne, A00 aluminium ingot price in China has plummeted by RMB 530 per tonne on Tuesday, September 14, to settle at RMB 22,890 per tonne, found the Shanghai Metals Market. The average prices are expected to range between...
China’s primary aluminium production drops 1.5% M-o-M to 3.23 million tonnes; Output grows 1.25% Y-o-Y
According to the Shanghai Metals Market, China’s primary aluminium production in August 2021 dropped 1.52 per cent month-on-month to stand at 3.23 million tonnes. But on a year-on-year calculation, the output edged 1.25 per cent higher than 3.19 million tonnes. Aluminium liquid accounted for 66.7...
Primary aluminium inventories in China increase 2,000 tonnes to peg at 751,000 tonnes on Sept. 9
According to the Shanghai Metals Market, China’s social inventories of primary aluminium grew 2,000 tonnes across eight major consumption areas on Thursday, September 9, following a downfall of 5,000 tonnes in the previous week. SMM data showed the inventories stood at 751,000 tonnes on September...
