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Weekly update: Aluminium ingot price in China performed higher this week; Alumina price remained flat
17 JUL 20212MINS

Weekly update: Aluminium ingot price in China performed higher this week; Alumina price remained flat

SMM aluminium ingot price performed higher this week. The week started with an increase of RMB 210 per tonne and RMB 100 per tonne on Monday and Tuesday to RMB 19060 per tonne and RMB 19160 per tonne. The price then dropped to RMB 19140 per tonne, down RMB 20 per tonne on Wednesday. Aluminium price...

China’s aluminium alloy (A356) price hit RMB20,000/t mark on July 16; A00 aluminium ingot price grows to RMB19,410/t
16 JUL 20212MINS

China’s aluminium alloy (A356) price hit RMB20,000/t mark on July 16; A00 aluminium ingot price grows to RMB19,410/t

According to the Shanghai Metals Market, aluminium alloys prices have closed the week on Friday, July 16, on a positive note across China. Aluminium alloy (A356) price has grown by RMB 150 per tonne to touch the mark of RMB 20,000 per tonne. The average prices are expected to range between RMB...

China’s primary aluminium inventories continue to fall by 26,000 tonnes this week: SMM
15 JUL 20211MINS

China’s primary aluminium inventories continue to fall by 26,000 tonnes this week: SMM

According to the Shanghai Metals Market, China’s primary aluminium inventories continue to fall this week by 26,000 tonnes across eight major consumption areas, including SHFE warrants. Therefore, as of Thursday, July 15, China’s primary aluminium inventories have come in at 832,000 tonnes compared...

China’s A00 aluminium ingot price slips by RMB20/t after three days of hike; Aluminium alloy (A356) price grows to RMB19750/t
14 JUL 20212MINS

China’s A00 aluminium ingot price slips by RMB20/t after three days of hike; Aluminium alloy (A356) price grows to RMB19750/t

A00 aluminium ingot price in China has recorded a dip of RMB 20 per tonne on Wednesday, July 14, following the past three consecutive days of decline, found the Shanghai Metals Market. Therefore, the price is standing at RMB 19,140 per tonne, with average prices expected to range between RMB 19,120...

China’s aluminium production edges 3% lower M-o-M but grows 7% on year to 3.22MT in June’21
12 JUL 20212MINS

China’s aluminium production edges 3% lower M-o-M but grows 7% on year to 3.22MT in June’21

According to the Shanghai Metals Market, China produced 3.22 million tonnes of aluminium in June 2021. That was down by 3.01 per cent month-on-month from 3.32 million tonnes after a hike last month. But on a year-on-year calculation, the output stood up by 7.3 per cent from 3 million tonnes....

Primary Aluminium Weekly Recap: Alcoa Corporation to supply low-carbon primary aluminum EcoLumTM to Erbslöh Aluminium; China’s state metal reserves sold 50,000 tonnes of aluminium
11 JUL 20214MINS

Primary Aluminium Weekly Recap: Alcoa Corporation to supply low-carbon primary aluminum EcoLumTM to Erbslöh Aluminium; China’s state metal reserves sold 50,000 tonnes of aluminium

Primary aluminium sector witnessed China’s state metal reserves took only one of two days allotted of the auction to sell 50,000 tonnes of aluminium. LME official settlement price extended decline for the third day in a row, while SMM aluminium price performed mixed this week. Let's summarize some...

China’s aluminium billet inventories gain 12,600 tonnes this week on feeble demand with the arrival of traditional off-season
08 JUL 20211MINS

China’s aluminium billet inventories gain 12,600 tonnes this week on feeble demand with the arrival of traditional off-season

According to the Shanghai Metals Market, aluminium billet inventories have built up 12,600 tonnes or 11 per cent this week on Thursday, July 8, to stand at 123,800 tonnes. SMM found that with the arrival of the traditional off-season, the demand and consumption of downstream aluminium fell,...

China’s primary aluminium inventories fall to 858,000 tonnes on July 8
08 JUL 20211MINS

China’s primary aluminium inventories fall to 858,000 tonnes on July 8

As updated by Shanghai Metals Market, social inventories of primary aluminium across eight consumption areas in China, including SHFE warrants, dropped 18,000 tonnes this week. The stocks stood at 858,000 tonnes as of Thursday, 08 July 2021. The chart below shows the status of the primary aluminium...

A00 aluminium ingot price in China extends decline to RMB18820/t; Caustic soda (32% concentration) price gains RMB20/t
08 JUL 20212MINS

A00 aluminium ingot price in China extends decline to RMB18820/t; Caustic soda (32% concentration) price gains RMB20/t

A00 aluminium ingot price in China has extended its decline by RMB 20 per tonne to come in at RMB 18,820 per tonne on Thursday, July 8, found the Shanghai Metals Market data. The average prices are expected to range between RMB 18,800 per tonne and RMB 18,840 per tonne, with spot contract to be...

SMM aluminium ingot price slips RMB 280/t; Aluminium Alloy (A356) price stands lower at RMB19450/t
07 JUL 20211MINS

SMM aluminium ingot price slips RMB 280/t; Aluminium Alloy (A356) price stands lower at RMB19450/t

SMM aluminium ingot dropped after two days of hike. The price stood at RMB 18840 per tonne on Wednesday, 07 July 2021, from RMB 19120 per tonne. That was down RMB 280 per tonne. The price is expected to move within a range of RMB 18820-18860 per tonne today. In Foshan and Wuxi, the price declined...

China’s aluminium processors report further decline in operating rates last week: Secondary alloy operating rates fall to 56%
06 JUL 20212MINS

China’s aluminium processors report further decline in operating rates last week: Secondary alloy operating rates fall to 56%

Operating rates across major aluminium processors in China decreased slightly by 0.3 percentage point last week to stand at 73.1 per cent. Decline in orders, particularly in the real estate, transportation, and durable good sectors, with the arrival of traditional off-season contributed to this...

China’s A00 aluminium ingot price slows down its growth to RMB20/t; Aluminium alloys prices stand muted
06 JUL 20212MINS

China’s A00 aluminium ingot price slows down its growth to RMB20/t; Aluminium alloys prices stand muted

On Tuesday, July 6, A00 aluminium ingot price in China has slowed down its growth to RMB 20 per tonne compared to the sharp rise of RMB 430 per tonne on the previous day. According to the Shanghai Metals Market, the price is standing at RMB 19,120 per tonne, with average prices expected to range...

A00 aluminium ingot price in China soars above RMB19000/t; Aluminium alloy (A356) price builds-up RMB500/t
05 JUL 20212MINS

A00 aluminium ingot price in China soars above RMB19000/t; Aluminium alloy (A356) price builds-up RMB500/t

According to the Shanghai Metals Market, A00 aluminium ingot price has opened the week on Monday with a surge of RMB 430 per tonne, following consecutive declines in the past four days. Data shows the price is standing at RMB 19,100 per tonne as of July 5. The average prices are expected to range...

China's primary aluminium inventories gain 2000 tonnes this week to stand at 876,000 tonnes: SMM
03 JUL 20211MINS

China's primary aluminium inventories gain 2000 tonnes this week to stand at 876,000 tonnes: SMM

According to the Shanghai Metals Market, social inventories of primary aluminium gained 2,000 tonnes this week across eight major consumption areas, including SHFE warrants. Thus, the inventories came in at 876,000 tonnes as of Thursday, July 1. Last week on June 24, the inventories stood at...

China’s aluminium billet inventories up by 1,400 tonnes on July 1
02 JUL 20211MINS

China’s aluminium billet inventories up by 1,400 tonnes on July 1

According to Shanghai Metals Market, stocks of 6063 aluminium billet across five major consumption areas in China increased by 1,400 tonnes from previous week to stand at 111,200 tonnes as of Thursday, 1 July 2021. Aluminium billet outbound volume rose by 12,800 tonnes to 51,100 tonnes last week,...

China’s aluminium ingot price falls to RMB 18670/t; Aluminium alloy (A356) price inches down by RMB 100/t
02 JUL 20212MINS

China’s aluminium ingot price falls to RMB 18670/t; Aluminium alloy (A356) price inches down by RMB 100/t

SMM aluminium ingot continued to decline to RMB 18670 per tonne on Friday, 2 July 2021, from RMB 18730 per tonne, marking a drop of RMB 60 per tonne. The price is expected to move within a range of RMB 18650-18690 per tonne today. In Foshan and Wuxi, the price declined by RMB 30 per tonne and RMB...

China’s aluminium alloys prices shrink by RMB100/t on June 30; A00 aluminium ingot price drops to RMB18780/t
30 JUN 20212MINS

China’s aluminium alloys prices shrink by RMB100/t on June 30; A00 aluminium ingot price drops to RMB18780/t

Aluminium alloys prices in China have recorded a plunge today, on June 30, found the Shanghai Metals Market. After remaining restrained for a week, aluminium alloys (ADC12) price and aluminium alloy (A380) price have decreased by RMB 100 per tonne to settle at RMB 18,200 per tonne and RMB 19,200...

China’s A00 aluminium ingot price drops RMB10/t to RMB18820/t; Aluminium fluoride price builds-up RMB100/t
29 JUN 20212MINS

China’s A00 aluminium ingot price drops RMB10/t to RMB18820/t; Aluminium fluoride price builds-up RMB100/t

A00 aluminium ingot price in China has dropped by RMB 10 per tonne on Tuesday, June 29, after the two consecutive days of hike, found the Shanghai Metals Market. The price is thus standing at RMB 18,820 per tonne, with average prices expected to range between RMB 18,800 per tonne and RMB 18,840 per...