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Global aluminium output falls to 6.2Mt as prices rise 0.35%, SHFE stocks dip 3% & Gulf output drops 44%
Primary AL01 SEPT 2026

Global aluminium output falls to 6.2Mt as prices rise 0.35%, SHFE stocks dip 3% & Gulf output drops 44%

Aluminium prices settled 0.35 per cent higher at INR 345.6 (USD 3.64), backed by declining exchange inventories, expectations of additional fiscal measures in China and concerns over constrained supply from the Middle East. However, improving production prospects in the region limited further...

Global bauxite flows climb 3% in July as Guinea shipments surge ahead of potential export curbs
Bauxite30 AUG 2026

Global bauxite flows climb 3% in July as Guinea shipments surge ahead of potential export curbs

Global bauxite flows rose to 20 million tonnes in July 2026, up more than 3 per cent year on year, as a sharp increase in shipments to China offset declines across almost every other region. However, the strength in July may not fully carry into the coming months, with Guinea’s expected export...

AL Circle Analysis: Regional output & trade reflect bauxite-alumina supply contrast in aluminium market
Alumina29 AUG 2026

AL Circle Analysis: Regional output & trade reflect bauxite-alumina supply contrast in aluminium market

If aluminium has a pressure point right now, it sits one step upstream of the metal itself - in alumina. China’s appetite for imported ore remains elevated, alumina markets diverge between regions, and disruptions in Guinea and Australia expose logistics risks. At the same time, tariffs and...

Wells Fargo raises Alcoa price target to $68 as Middle East energy risks ease
Bauxite27 AUG 2026

Wells Fargo raises Alcoa price target to $68 as Middle East energy risks ease

Wells Fargo has raised its price target for Alcoa to USD 68 from USD 64, seeing potential upside for the aluminium producer even after its shares fell more than 40 per cent from their 2026 peak. Alcoa has had a volatile year. The aluminium producer's shares climbed more than 48 per cent between...

Aluminium ingot continuous destocking provides a floor; Strait of Hormuz situation disturbs aluminium market sentiment
Primary AL27 AUG 2026

Aluminium ingot continuous destocking provides a floor; Strait of Hormuz situation disturbs aluminium market sentiment

Futures: The most-traded SHFE aluminium 2610 contract closed at RMB 23,830 per tonne, down RMB 40 from the previous settlement, a decline of 0.17 per cent. It opened at RMB 23,760 per tonne and fluctuated within the range of RMB 23,710–23,870 per tonne during the session. Prices traded above MA5...

EGA’s Al Taweelah smelter restoration reaches 25% milestone, full output targeted in Q1 2027
Primary AL26 AUG 2026

EGA’s Al Taweelah smelter restoration reaches 25% milestone, full output targeted in Q1 2027

Emirates Global Aluminium’s restoration of its Al Taweelah smelter has reached a 25 per cent milestone, with 315 of the facility’s 1,262 reduction cells now restored and back in operation. The company said the progress puts it on track to restore full production at the smelter in the first quarter...

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