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A00 aluminium ingot price in China sheds RMB10/t to settle at RMB18120/t after a week-long hikes: SMM
19 APR 20212MINS

A00 aluminium ingot price in China sheds RMB10/t to settle at RMB18120/t after a week-long hikes: SMM

A00 aluminium ingot price in China has opened the week on Monday, April 19, with a slight drop of RMB 10 per tonne to RMB 18,120 per tonne, following a week-long surge from US$ 17,380-18,130 per tonne during April 12-16, according to the Shanghai Metals Market. Today, the average prices are...

China’s primary aluminium inventories extend decline to 1.18 million tonnes this week
16 APR 20211MINS

China’s primary aluminium inventories extend decline to 1.18 million tonnes this week

According to the Shanghai Metals Market, primary aluminium inventories in China extended decline this week by 45,000 tonnes across eight major consumption areas, including SHFE warrants, as of Thursday, April 15. Data showed the stocks stood at 1.18 million tonnes on April 15 in comparison with...

China's alumina spot price inches up by RMB2/t after a month-long restraint; A00 aluminium ingot price expands to RMB18130/t
16 APR 20212MINS

China's alumina spot price inches up by RMB2/t after a month-long restraint; A00 aluminium ingot price expands to RMB18130/t

After remaining restrained for almost a month at RMB 2,338 per tonne, the average alumina spot price in China has inched up by RMB 2 per tonne to stand at RMB 2,340 per tonne on Friday, April 16, learned the Shanghai Metals Market. In Shanxi, the price has gained RMB 5 per tonne to come in at RMB...

Aluminium billet inventories in China shrink for the sixth week in a row to 165,200 tonnes: SMM
15 APR 20211MINS

Aluminium billet inventories in China shrink for the sixth week in a row to 165,200 tonnes: SMM

According to the Shanghai Metals Market, aluminium billet inventories in China have shrunk by 15,800 tonnes week-on-week across five major consumption areas to stand at 165,200 tonnes as of April 15, 2021. This marks the sixth consecutive week of decline since March 11, 2021. On last Thursday,...

A00 aluminium ingot price in China exceeds RMB18000/t; Aluminium alloy (A356) price gains RMB300/t
15 APR 20212MINS

A00 aluminium ingot price in China exceeds RMB18000/t; Aluminium alloy (A356) price gains RMB300/t

A00 aluminium ingot price in China has continued to rise to exceed RMB 18,000 per tonne, found the Shanghai Metals Market. Data shows the price has surged by RMB 330 per tonne on Thursday, April 15, to come in at RMB 18,090 per tonne. The average prices are expected to range between RMB 18,070 per...

A00 aluminium ingot price in China closes RMB90/t higher at RMB17470/t amid muted input costs: SMM
13 APR 20212MINS

A00 aluminium ingot price in China closes RMB90/t higher at RMB17470/t amid muted input costs: SMM

A00 aluminium ingot price in China has climbed by RMB 90 per tonne to close at RMB 17,470 per tonne on Tuesday, April 13, following the two consecutive days of decline, learned the Shanghai Metals Market. The average prices are expected to range between RMB 17,450 per tonne and RMB 17,490 per...

A00 aluminium ingot price shrinks by RMB110/t to RMB17380/t; Aluminium fluoride price declines to RMB8300/t
12 APR 20212MINS

A00 aluminium ingot price shrinks by RMB110/t to RMB17380/t; Aluminium fluoride price declines to RMB8300/t

A00 aluminium ingot price in China has opened the week on Monday, April 12, with a decline of RMB 110 per tonne to RMB 17,380 per tonne, following two consecutive hikes last week from RMB 17,390 per tonne to RMB 17,490 per tonne, found the Shanghai Metals Market. The average prices are expected to...

China's primary aluminium production in March declines 11% M-o-M but records a growth of 10% on year
09 APR 20212MINS

China's primary aluminium production in March declines 11% M-o-M but records a growth of 10% on year

According to the recent data revealed by the Shanghai Metals Market, China’s primary aluminium production improved 10.2 per cent year-on-year to 3.35 million tonnes in March 2021 (31 production days). However, on a month-on-month basis, the production stood 10.93 per cent down from 3.02 million...

China’s metallurgical-grade alumina production reflects a hike of 7.12% Y-o-Y to 17.32MT during Q1 2021
09 APR 20212MINS

China’s metallurgical-grade alumina production reflects a hike of 7.12% Y-o-Y to 17.32MT during Q1 2021

Shanghai Metals Market data found a month-on-month surge of 7.17 per cent in China’s March alumina output to 6.28 million tonnes, following the two consecutive months of decline in January and February. In February 2021, China’s alumina production stood at 5.90 million tonnes, reflecting a decrease...

China’s aluminium billet stocks decline 12,800 tonnes to 181,000 tonnes on April 8
08 APR 20211MINS

China’s aluminium billet stocks decline 12,800 tonnes to 181,000 tonnes on April 8

According to Shanghai Metals Market, stocks of aluminium billet across five major consumption areas in China declined by 12,800 tonnes from a week ago to 181,000 tonnes as of Thursday April 8. Aluminium billet outbound quantity decreased by 9,200 tonnes on the week to 56,800 tonnes last week. The...

Primary aluminium inventories fall by 23,000 tonnes this week to stand at 1.23 million tonnes
08 APR 20211MINS

Primary aluminium inventories fall by 23,000 tonnes this week to stand at 1.23 million tonnes

Shanghai Metals Market data showed primary aluminium inventories in China lost 23,000 tonnes across eight major consumption areas, including SHFE areas, to stand at 1.23 million tonnes as of April 8, 2021. Last week on April 1, the inventories stood at 1.251 tonnes across China, climbing by 8,000...

A00 aluminium ingot price gains RMB80/t to settle at RMB17470/t; Aluminium alloys prices remain muted
08 APR 20212MINS

A00 aluminium ingot price gains RMB80/t to settle at RMB17470/t; Aluminium alloys prices remain muted

Increase in domestic primary aluminium consumption has led to the growth in China’s A00 aluminium ingot price for the second day this week, even amid the muted raw materials costs. According to the Shanghai Metals Market, A00 aluminium ingot price has built up by RMB 80 per tonne on Thursday, April...

Three-month LME aluminium closed higher at US$2,260/t; SHFE aluminium gained 0.23%
07 APR 20211MINS

Three-month LME aluminium closed higher at US$2,260/t; SHFE aluminium gained 0.23%

Three-month LME aluminium advanced 1.35% to close at US$2,260 per tonne on Tuesday. SMM expects the contract to trade between US$2,230-2,280 per tonne today. As of Tuesday, April 6, LME aluminium cash (bid) price stands at US$ 2247 per tonne, LME official settlement price stands at US$ 2247 per...

A00 aluminium ingot price in China stands above RMB17500/t post Qingming Festival; Aluminium Fluoride price declines by RMB100/t
06 APR 20212MINS

A00 aluminium ingot price in China stands above RMB17500/t post Qingming Festival; Aluminium Fluoride price declines by RMB100/t

A00 aluminium ingot price in China has witnessed a rise of RMB 80 per tonne to settle at RMB 17,510 per tonne as of Tuesday, April 6, marking the third consecutive hike since April 1, found the Shanghai Metals Market. Data shows the average prices are expected to range between RMB 17,490 per tonne...

Prebaked anode price in Southwest China rises to RMB 4282.5/t; Aluminium price inches up by RMB 170/t
02 APR 20212MINS

Prebaked anode price in Southwest China rises to RMB 4282.5/t; Aluminium price inches up by RMB 170/t

Prebaked anode price in Southwest China market has risen by RMB 28 per tonne after a month of restrained. The price currently stands at RMB 4282.5 per tonne on Friday, 02 April 2021 from earlier price of RMB 4002.5 per tonne. It is likely to range at RMB 4135-4430 per tonne. Average prebaked anode...

Primary aluminium inventories increase by 8,000 tonnes on April 1 to stand at 1.25MT
02 APR 20211MINS

Primary aluminium inventories increase by 8,000 tonnes on April 1 to stand at 1.25MT

According to the Shanghai Metals Market, social inventories of primary aluminium rose 8,000 tonnes across eight major consumption areas in China, including SHFE warrants, to come in at 1.251 million tonnes as of Thursday, April 1. Last week, on March 25, inventories stood at 1.243 million tonnes...

China’s aluminium billet stocks decline to 193,800 tonnes on April 1
01 APR 20211MINS

China’s aluminium billet stocks decline to 193,800 tonnes on April 1

According to Shanghai Metals Market, stocks of aluminium billet across five major consumption areas in China drooped by 4,300 tonnes from a week ago to 193,800 tonnes as of Thursday April 1. Aluminium billet shipments increased by 200 tonnes on the week to 66,000 tonnes. The chart below indicates...

Prebaked anode price in China grows by RMB290/t after a month-long restraint; A00 aluminium ingot price climbs to RMB17260/t
01 APR 20212MINS

Prebaked anode price in China grows by RMB290/t after a month-long restraint; A00 aluminium ingot price climbs to RMB17260/t

After a month-long restraint at RMB 3902.50 per tonne, prebaked anode price in east China has surged by RMB 290 per tonne on April 1, 2021, to clock at RMB 4,192.50 per tonne. The average prices are expected to range between RMB 3,885 per tonne and RMB 4,500 per tonne. In central China, prebaked...