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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Three-month LME aluminium remained unchanged to close at US$2,273.5/t; SHFE aluminium slightly up
Three-month LME aluminium remained unchanged to close at US$2,273.5 per tonne on Monday. SMM expects the contract to trade between US$2,240-2,280 per tonne today. As of Monday, March 29, LME aluminium cash (bid) price stands at US$ 2255.50 per tonne, LME official settlement price stands at US$...
A00 aluminium ingot price declines to RMB17340/t after three days of hike; Aluminium fluoride price plunges by RMB150/t
A00 aluminium ingot price in China has decreased by RMB 50 per tonne to stand at RMB 17,340 per tonne on Tuesday, March 30, following the three consecutive days of hike from RMB 17,080 per tonne to RMB 17,390 per tonne, according to Shanghai Metals Market. The average prices are expected to range...
A00 aluminium ingot price grows by RMB60/t to settle at RMB17390/t; Australian alumina (FOB) price drops by US$15/t
A00 aluminium ingot price opened the week higher by RMB 60 per tonne to RMB 17,390 per tonne as of Monday, March 29, found the Shanghai Metals Market. This marks the second consecutive day of rise from RMB 17,330 per tonne on Friday, March 26. The average prices are expected to range between RMB...
Aluminium billet inventories in China nosedive by 34,700 tonnes this week on restocking due to lower prices
Shanghai Metals Market data showed on Thursday, March 25, that aluminium billet inventories in China decreased by 34,700 tonnes from a week ago across five major consumption areas, including SHFE warrants, to come in at 198,200 tonnes. Lower aluminium prices in the previous two days led to...
A00 aluminium ingot price builds-up RMB120/t to stand at RMB17200/t; Aluminium alloy(A356) price settles at RMB17900/t
According to the Shanghai Metals Market, A00 aluminium ingot price has recorded a hike of RMB 120 per tonne to stand at RMB 17,200 per tonne on Thursday, March 25, following two consecutive days of decline from RMB 17,540 per tonne to RMB 17,080 per tonne. The average prices are expected to range...
China’s A00 aluminium ingot price shrinks for the second day in a row to RMB17080/t amid muted input costs: SMM
A00 aluminium ingot price in China has continued to decline on Wednesday, March 24, to stand at RMB 17,080 per tonne, marking the second consecutive day of fall after a hike over the weekend on Monday, March 22. According to SMM, the average prices today are expected to range between RMB 17,060 per...
Alumina spot price in China gains RMB6/t after about two-weeks of restraint; A00 aluminium ingot price falls below RMB17500/t
After about two weeks of restraint at RMB 2,332 per tonne, the average alumina spot price in China has inched up by RMB 6 per tonne to close the week on Friday, March 19, at RMB 2,338 per tonne, according to the Shanghai Metals Market. In Shanxi, alumina price has increased by RMB 10 per tonne to...
China’s primary aluminium inventories build-up 22,000 tonnes this week to stand at 1.25 million tonnes
According to the Shanghai Metals Market, social inventories of primary aluminium have further expanded by 22,000 tonnes across eight major consumption areas in China, including SHFE warrants. Thus, the stocks this week, as of March 18, have come in at 1.25 million tonnes, compared to 1.23 million...
A00 aluminium ingot price declines by RMB230/t after two days of surge in a row; Aluminium alloy (A356) price down at RMB18250/t
According to the Shanghai Metals Market, A00 aluminium ingot price in China has witnessed a downfall of RMB 230 per tonne after two consecutive days of rise from RMB 17,370 per tonne to RMB 17,760 per tonne. As of today, March 17, the price is standing at RMB 17,530 per tonne, with average prices...
Narrow downstream demand and soaring aluminium prices lead to weaker secondary aluminium operating rates in China in Feb’21
According to the Shanghai Metals Market, secondary aluminium producers operating rates in China recorded a month-on-month plunge of 20.8 percentage points in February 2021 to stand at 41.35 per cent. However, on a year-on-year calculation, the operating rates increased by 23.23 percentage points,...
Three-month LME aluminium fell to close at US$2,171/t; SHFE aluminium shed 0.26%
Three-month LME aluminium fell 0.64% to close at US$2,171 per tonne on Friday, with open interest rising to 726,000 lots. SMM expects the contract to fluctuate between US$2,100-2,160 per tonne today. As of Friday, March 12, LME aluminium cash (bid) price stands at US$ 2139 per tonne, LME official...
A00 aluminium ingot price extends growth to stand at RMB17620/t; Aluminium alloy(A356) price soars by RMB300/t
According to the Shanghai Metals Market, A00 aluminium ingot price has opened the week on Monday, March 15, with the third consecutive day of growth by RMB 250 per tonne to RMB 17,620 per tonne, found the Shanghai Metals Market. The average prices are expected to range between RMB 17,600 per tonne...
China’s aluminium ingot price hikes by RMB 10/t; expected to range at RMB 17350-17390/t
SMM aluminium ingot price registers a hike for the second day in a row. The price stands at RMB 17370 per tonne on Friday, March 12 2021. This is a growth of RMB 10 per tonne from Thursday’s price of RMB 17360 per tonne. The price is expected to move within a range of RMB 17350-17390 per tonne. In...
China’s aluminium billet stocks drops by 9,500 tonnes to 236,800 tonnes
According to Shanghai Metals Market, stocks of aluminium billet across five major consumption areas in China declined for the first time after the Chinese New Year. Inventories of aluminium billet decreased 9,500 tonnes from a week ago to 236,800 tonnes as of Thursday March 11. The chart below...
China’s primary aluminium inventories grow slower this week to stand at 1.23 million tonnes
According to the Shanghai Metals Market, China’s primary aluminium ingot inventories have increased by 55,000 this week across eight major consumption areas, including SHFE warrants. Data shows the stocks have come in at 1.23 million tonnes on March 11 compared to 1.17 million tonnes on March 4....
China’s aluminium wire and cable producers’ operating rates decline 3.26 percentage points M-o-M to 26.63% in Feb’21
According to the Shanghai Metals Market, China’s aluminium wire and cable producers’ operating rates saw a decrease of 3.26 percentage points month-on-month to 26.63 per cent in February 2021. However, it reflected an increase over the year by 10.48 percentage points, found SMM. The monthly...
China’s primary aluminium output declines 9% to 3.02 million tonnes M-o-M but grows 5% Y-o-Y in February 2021
According to the Shanghai Metals Market, China’s primary aluminium production stood at 3.02 million tonnes in February 2021, reflecting a downfall of 9.04 per cent from 3.32 million tonnes in January 2021. However, on a year-on-year calculation, the output improved by 5.23 per cent from 2.87...
Alumina price in Shandong stands RMB 10/t higher; Australian alumina FOB down by USD 4/t
As updated by Shanghai Metals Market, alumina price in Shandong China market has marked a hike after two days of restraint. The price has increased by RMB 10 per tonne to stand at RMB 2340 per tonne on Wednesday, 10 March 2021. Alumina price in other major markets remained unchanged today....
