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China’s alumina production extends downfall in February 2021 to 5.86 million tonnes, but daily output grows by 10% M-o-M
09 MAR 20211MINS

China’s alumina production extends downfall in February 2021 to 5.86 million tonnes, but daily output grows by 10% M-o-M

According to the latest data revealed by the Shanghai Metals Market, China produced 5.86 million tonnes of alumina in February 2021, marking the second consecutive month of decline, albeit slower than the previous month. In January, China’s alumina production was at 5.90 million tonnes, meaning the...

China’s A00 aluminium ingot price declines by RMB310/t to RMB17180/t; Aluminium alloy(A356) price shrinks to RMB17900/t
09 MAR 20212MINS

China’s A00 aluminium ingot price declines by RMB310/t to RMB17180/t; Aluminium alloy(A356) price shrinks to RMB17900/t

A00 aluminium ingot price in China has recorded a downfall of RMB 310 per tonne to stand at RMB 17,180 per tonne on Tuesday, March 9, following a surge of RMB 390 per tonne on the previous day, found the Shanghai Metals Market. The average prices are expected to range between RMB 17,160 per tonne...

Weekly update: Aluminium ingot price in China saw mixed performance this week; Alumina price remained flat
06 MAR 20212MINS

Weekly update: Aluminium ingot price in China saw mixed performance this week; Alumina price remained flat

SMM aluminium ingot price saw mixed performance this week. The price declined by RMB 220 per tonne and RMB 150 per tonne to stand at RMB 17050 per tonne and RMB 16900 per tonne on Monday,1 March and Tuesday, 2 March. The price on Thursday stood higher by RMB 150 per tonne to RMB 17580 per tonne,...

China’s aluminium billet inventories gain 7,000 tonnes to 246,300 tonnes on March 4, 2021
04 MAR 20211MINS

China’s aluminium billet inventories gain 7,000 tonnes to 246,300 tonnes on March 4, 2021

Shanghai Metals Market data found a further rise in China’s 6063 aluminium billet inventories, although slower than the previous week, across the five major consumption areas, including SHFE warrants. Data shows the inventories have grown by 7,000 tonnes over the week, ending on Thursday, March 4,...

China's primary aluminium inventories continue to expand to stand at 1.173MT on March 4
04 MAR 20211MINS

China's primary aluminium inventories continue to expand to stand at 1.173MT on March 4

According to the Shanghai Metals Market, social inventories of primary aluminium have built-up 91,000 tonnes over the week, ending on Thursday, March 4, 2021. Data shows the stocks across eight major Chinese consumption areas, including SHFE warrants, have come in at 91,000 tonnes, as of March 4,...

A00 aluminium ingot price soars by RMB530/t after two intermittent declines; Aluminium alloy (A356) price expands to RMB18150/t
03 MAR 20212MINS

A00 aluminium ingot price soars by RMB530/t after two intermittent declines; Aluminium alloy (A356) price expands to RMB18150/t

A00 aluminium ingot price has soared by RMB 530 per tonne to settle at RMB 17,430 per tonne on Wednesday, March 3, after two intermittent declines on March 1 and 2 from RMB 17,270 per tonne to RMB 16,900 per tonne, according to the Shanghai Metals Market. The average prices are expected to range...

A00 aluminium ingot price stands below RMB17000/t; Aluminium fluoride price shrinks by RMB150/t
02 MAR 20212MINS

A00 aluminium ingot price stands below RMB17000/t; Aluminium fluoride price shrinks by RMB150/t

A00 aluminium ingot price has continued to be on a downturn on Tuesday, March 2, to come below RMB 17,000 per tonne, found the Shanghai Metals Market. According to SMM data, the price has shrunk by RMB 150 per tonne to come in at RMB 16,900 per tonne. The average prices are expected to range...

A00 aluminium ingot price downswings to RMB17270/t after soaring last day; Aluminium alloy(A356) price shrinks below RMB18000/t
26 FEB 20212MINS

A00 aluminium ingot price downswings to RMB17270/t after soaring last day; Aluminium alloy(A356) price shrinks below RMB18000/t

A00 aluminium ingot price has recorded a plunge of RMB 290 per tonne to close the week on Friday, February 26, at RMB 17,270 per tonne, following a sweeping rise of RMB 820 per tonne to RMB 17,560 per tonne on February 25, found the Shanghai Metals Market. The average prices are likely to range...

China's primary aluminium inventories extend week-on-week growth by 181,000 tonnes to 1.082MT
25 FEB 20211MINS

China's primary aluminium inventories extend week-on-week growth by 181,000 tonnes to 1.082MT

Social inventories of primary aluminium in China have continued to grow this week, ending on Thursday, February 25, according to the Shanghai Metals Market. Data shows inventories have expanded across eight major Chinese consumption areas, including SHFE warrants, to come in at 1.082 million...

China’s alumina spot price shrinks by RMB18/t to RMB2344/t; A00 aluminium ingot price stands at RMB16740/t
24 FEB 20212MINS

China’s alumina spot price shrinks by RMB18/t to RMB2344/t; A00 aluminium ingot price stands at RMB16740/t

The average alumina spot price in China has slipped by RMB 18 per tonne to stand at RMB 2,344 per tonne on Wednesday, February 24, after two consecutive days of restraint at RMB 2,362 per tonne on February 22 and 23, found the Shanghai Metals Market. SMM data shows the alumina spot price in...

China's primary aluminium inventories witness an expansion of 121,000 tonnes to stand above 1 million tonnes
23 FEB 20211MINS

China's primary aluminium inventories witness an expansion of 121,000 tonnes to stand above 1 million tonnes

On Monday, February 22, social inventories of primary aluminium expanded by 121,000 tonnes across eight major consumption areas in China, including SHFE warrants, found the Shanghai Metals Market. SMM data showed inventories stood at 1.022 million tonnes on February 22 compared to 901,000 tonnes on...

China’s aluminium ingot price climbs by RMB 50/t; Aluminium Alloy (A356) stands at RMB 17500/t
23 FEB 20211MINS

China’s aluminium ingot price climbs by RMB 50/t; Aluminium Alloy (A356) stands at RMB 17500/t

SMM aluminium ingot price has edged higher by RMB 50 per tonne to stand at RMB 16780 per tonne on Tuesday, 23 February 2021, from its previous price of RMB 16730 per tonne on February 22. The price is expected to range at RMB 16760-16800 per tonne. In Foshan and Wuxi, the price has increased by RMB...

China’s A00 aluminium ingot price soars by RMB300/t to stand above RMB16,500/t: SMM
22 FEB 20212MINS

China’s A00 aluminium ingot price soars by RMB300/t to stand above RMB16,500/t: SMM

According to the Shanghai Metals Market, A00 aluminium ingot price has continued to surge by RMB 300 per tonne on Monday, February 21, to stand at RMB 16,730 per tonne, the highest since the beginning of 2021. The average price are expected to range between RMB 16,710 per tonne and RMB 16,750 per...

China's primary aluminium inventories mount to 901,000 tonnes during the Chinese New Year Holiday
18 FEB 20211MINS

China's primary aluminium inventories mount to 901,000 tonnes during the Chinese New Year Holiday

According to the Shanghai Metals Market, social inventories of primary aluminium have expanded by 126,000 tonnes during the Chinese New Year Holiday ended on February 17, 2021. SMM data shows that as of Thursday, February 18, the inventories are standing at 901,000 tonnes across the eight major...

A00 aluminium ingot price stands above RMB16000/t after a week-long CNY holiday; Aluminium alloy (A356) grows by RMB450/t
18 FEB 20212MINS

A00 aluminium ingot price stands above RMB16000/t after a week-long CNY holiday; Aluminium alloy (A356) grows by RMB450/t

A00 aluminium ingot price has opened the market after a week-long Chinese New Year Holiday with a surge of RMB 440 per tonne to stand above RMB 16,000 per tonne, found the Shanghai Metals Market. According to the data, the price today, on February 18, has pegged at RMB 16,210 per tonne, the highest...

China’s primary aluminium inventories expand by 61,000 tonnes this week to reach at 775,000 tonnes
11 FEB 20211MINS

China’s primary aluminium inventories expand by 61,000 tonnes this week to reach at 775,000 tonnes

According to the Shanghai Metals Market, primary aluminium ingot inventories in China have continued to build-up this week, on Wednesday, February 10. Data shows the stocks have significantly gained 61,000 tonnes across eight major consumption areas in China, including SHFE warrants, to come in at...

China’s primary aluminium production grows 1.22% M-o-M and 8.14% Y-o-Y to 3.32MT in January
11 FEB 20211MINS

China’s primary aluminium production grows 1.22% M-o-M and 8.14% Y-o-Y to 3.32MT in January

In China, primary aluminium production stood at 3.32 million tonnes in January, registering an increase of 1.22 per cent month-on-month from 3.28 million tonnes in December and 8.14 per cent year-on-year, showed Shanghai Metals Market. China’s daily average primary aluminium output rose 1,400...

China’s alumina production declines slightly M-o-M in January 2021 due to production restrictions in heating season
09 FEB 20211MINS

China’s alumina production declines slightly M-o-M in January 2021 due to production restrictions in heating season

According to the Shanghai Metals Market, China’s alumina production started the year with a drop of 1 per cent month-on-month in January 2021. Compared to 5.96 million tonnes in December 2020, China produced 5.90 million tonnes of alumina in January 2021. This included 5.69 million tonnes of...