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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Weekly update: Aluminium ingot price in China ended the week lower; Alumina price performed higher
SMM aluminium ingot price started the week with an increase of RMB 340 per tonne on Monday, 10 May 2021 to RMB 20030 per tonne. The price on Wednesday increased to stand at RMB 19980 per tonne from Tuesday’s price of RMB 19820 per tonne. The aluminium price closed the week lower at RMB 19660 per...
A00 aluminium ingot price declines for the second consecutive day to RMB19660/t; Aluminium alloy(A356) price shrinks by RMB200/t
A00 aluminium ingot price in China has decreased for the second day in a row by RMB 160 per tonne to close the week on Friday, May 14, at RMB 19,660 per tonne, according to the Shanghai Metals Market. The average prices are expected to range between RMB 19,640 per tonne and RMB 19,680 per tonne,...
China’s aluminium billet inventories slump 33,900 tonnes this week; SMM expects the downtrend to continue
Aluminium billet inventories in China decreased this week, ending on May 13, following a slight rise last week. According to the Shanghai Metals Market data, 6063 aluminium billet stocks shrank by 33,900 tonnes across the five major Chinese consumption areas to come in at 105,200 tonnes. SMM...
A00 aluminium ingot price in China gains RMB160/t to settle at RMB19980/t; Aluminium alloys prices build-up by RMB100/t
A00 aluminium ingot price in China has recorded an increase of RMB 160 per tonne to stand at RMB 19,980 per tonne on Wednesday, May 12, following a plunge last day from RMB 20,030 per tonne to RMB 19,820 per tonne, according to the Shanghai Metals Market. The average prices are expected to range...
China’s primary aluminium production climbs to 3.25 million tonnes in April
China’s primary aluminium production stood at 3.25 million tonnes in April (30 production days), up by 9.87% year on year, showed an SMM survey. In January-April, the output totalled 12.94 million tonnes, an increase of 8.6% from the same period last year. “Baikuang Debao and Tianlin continued to...
Dr Wang Yancheng joins SMM’s new London Office as Managing Director
Shanghai Metals Market has established a new overseas office in London in May 2021, the second overseas establishment after Singapore office on September 1, 2017. In order to provide international customers with more professional and high level services as a leading research institution and portal...
A00 aluminium ingot price in China soars above RMB20,000/t; Alumina price gains RMB25/t
A00 aluminium ingot price in China has continued to rise and exceeded RMB 20,000 per tonne level on Monday, May 10. According to the Shanghai Metals Market, the price has jumped by RMB 340 per tonne to reach a new high of RMB 20,030 per tonne, with average prices likely to range between RMB 20,010...
Three-month LME aluminium closed the week higher at US$2,532/t; Aluminium surged 2.93%
Three-month LME aluminium rose 0.88% to close at US$2,532 per tonne on Friday. SMM expects the contract to move between US$2,520-2,580 per tonne today. As of Friday, May 7, LME aluminium cash (bid) price stands at US$ 2518.50 per tonne, LME official settlement price stands at US$ 2518.50 per tonne;...
Prebaked anode price in Southwest China climbs by RMB 110/t; Aluminium price jumps to a record high
Prebaked anode price in Southwest China market has climbed by RMB 110 per tonne after remaining restrained at RMB 4282.5 per tonne since April 2. The price stands at RMB 4392.5 per tonne on Friday, 07 May 2021. It is likely to range at RMB 4245-4540 per tonne. Northwest China’s prebaked anode...
Aluminium billet inventories in China inch up by 5,100 tonnes on May 6 after eight consecutive weeks of decline
According to the Shanghai Metals Market, 6063 aluminium billet inventories in China have increased by 9 per cent or 5,100 tonnes after eight consecutive weeks of decline. On May 6, 2021, aluminium billet inventories are standing at 139,100 tonnes compared to 134,000 tonnes last week on April 29....
China’s A00 aluminium ingot price exceeds RMB19000/t amid improved input costs; Prekabed anode price jumps by RMB205/t
On Thursday, May 6, A00 aluminium ingot price in China has crossed RMB 19,000 per tonne after resuming the market from the Labour Day Holiday. According to Shanghai Metals Market data, the primary aluminium ingot price has gained over RMB 300 per tonne to come in at RMB 19,150 per tonne, marking...
A00 aluminium ingot price in China reaches a new high of RMB18830/t; Aluminium fluoride price plunges by RMB550/t
A00 aluminium ingot price in China has reached a new high of RMB 18,830 per tonne on Friday, April 30, expanding further by RMB 100 per tonne after a surge of RMB 330 per tonne on the previous day, found the Shanghai Metals Market. The average prices are expected to range between RMB 18,810 per...
Aluminium billet inventories in China decline 28,700 tonnes W-o-W on enthusiastic purchase even amid price hike
According to the Shanghai Metals Market, 6063 aluminium billet inventories in China have decreased by 28,700 tonnes week-on-week across the five major consumption areas as of Thursday, April 29. SMM data shows the billet stocks have totalled 134,000 tonnes today compared to 162,800 tonnes last...
Alumina spot price in China sheds RMB26/t after growing two days in a row; A00 aluminium ingot price closes lower at RMB18400/t
After growing for the past two consecutive days from RMB 2,340 per tonne to RMB 2,375 per tonne, the average alumina spot price in China has shed RMB 26 per tonne on Wednesday, April 28, to settle at RMB 2,349 per tonne, according to the Shanghai Metals Market. In Shanxi, the price has plunged by...
China alumina spot price grows to RMB2352/t after more than a week-long restraint; A00 aluminium ingot price jumps by RMB140/t
After remaining restrained for the past ten days, the average alumina spot price in China has recorded an increase of RMB 12 per tonne to stand at RMB 2,352 per tonne on Monday, April 26, found the Shanghai Metals Market. In Shanxi, alumina price has grown by RMB 15 per tonne to RMB 2,360 per...
Aluminium billet inventories in China decline slower this week to 162,800 tonnes: SMM
Aluminium billet inventories in China have decreased relatively slower this week on April 22 by 2,500 tonnes or 1.5 per cent from the previous week, found the Shanghai Metals Market. Data shows the inventories across the five major Chinese consumption areas have come in at 162,800 tonnes. Last week...
A00 aluminium ingot price gains RMB140/t to settle at RMB18,180/t; Aluminium alloy(A356) price grows by RMB100/t
After showing restraint and declining in the past two days, A00 aluminium ingot price in China has recorded an increase of RMB 140 per tonne to RMB 18,180 per tonne, as of Thursday, April 22, according to the Shanghai Metals Market. The average prices are expected to range between RMB 18,160 per...
China’s A00 aluminium ingot price shows restraint at RMB18120/t amid muted input costs: SMM
Primary aluminium ingot price in China has shown restraint on Tuesday, April 20, amid muted input costs. According to the Shanghai Metals Market data, A00 aluminium ingot price is resting at RMB 18,120 per tonne, with average prices to continue to range between RMB 18,100 per tonne and RMB 18,140...
