While LME Aluminium Cash Prices may have peaked in October 2021 at £3180, current prices are still well above the pandemic induced lows of just above $1400 in March
With the global market tightening, we believe aluminium prices will find higher levels of support in 2025. High alumina prices provide an upside risk to our forecast. However,
According to SMM statistics, as of January 13, the inventory of aluminum ingots in major domestic consumption areas stood at 455,000 mt, a decrease of 4,000 mt WoW; the inventory of aluminum billets in major domestic consumption areas reached 142,600 mt, an increase of 5,600 mt WoW. 》Check SMM Aluminum Product Prices, Data, and Market Analysis
The price trend were in line with its Asian counterpart due to the muted demand and higher production levels. The price of Aluminium averaged 2400 USD/MT (approx.) in the United States. Aluminium Price Trend For the First Quarter of
In April 2024, BYD introduced its second-generation blade battery pack, which the company asserted "will be lighter, smaller and more efficient than BYD''s first-generation LFP batteries" with "as much as 190 kWh density enabling up to 1000 km range." [167] Beyond the Blade Battery, BYD''s other core technologies include the (cell-to-body) CTB-integrated battery
6 天之前· January 16 News: According to SMM statistics, on January 16, the social inventory of aluminum ingots in major domestic consumption areas was 440,000 mt, a decrease of 15,000 mt compared to Monday this week; the
3 天之前· The supply gap of bauxite constrained the increase in domestic alumina capacity, overseas alumina production cuts occurred, and the resumption of domestic aluminum production in Yunnan was advanced. During the dry season, no power rationing or production cuts were observed. Under the resonance of multiple bullish factors, the SMM alumina index price
Aluminum, with its widespread applications in industries like automotive, aerospace, and construction, is a vital commodity in the global economy. The market for this versatile metal has experienced significant fluctuations due to factors such as global events, supply and demand dynamics, and geopolitical influences. In April 2020, aluminum prices
With this development rate and the proportion of batteries to be replaced in the coming years, appropriate end-of-life recycling scenarios must be tailored for spent packs and battery cells, including the recovery of materials from used battery packs. In addition to lithium, LIBs also provide other high-value, energy-intensive products such as cobalt, nickel,
However, due to the sluggish aluminum prices during the month and the influence of multiple factors, the demand side for aluminum billets remained stable with a weak trend, allowing aluminum billet processing fees to stand firm at high levels, which led some aluminum billet enterprises to increase rather than reduce their operating rates. The daily average
Aluminum Foil Price Trend for the Q1 of 2024. Product: Category: Region : Price: Time Period: Aluminum Foil: Energy, Metals and Minerals: India: 3101 USD/MT: Q1''24: Stay updated with the latest Aluminum Foil prices, historical data, and tailored regional analysis . The global aluminum foil market closely follows the trend set by the aluminum production and consumption sectors,
As one of the most promising alternatives to next‐generation energy storage systems, aluminum batteries (ABs) have been attracting rapidly increasing attention over the past few years. In this review, we summarize the recent advancements of ABs based on both aqueous and non‐aqueous electrolytes, with a particular focus on rechargeable non‐aqueous ionic
[Alumina Prices Pull Back After Rising; Aluminum Costs May Slightly Decrease in January 2025] SMM, December 31: According to SMM data, the average tax-inclusive full cost of China''s aluminum industry in December 2024 was 21,114 yuan/mt, up 3.9% MoM and up 32.0% YoY, mainly due to the renewed increase in prices of raw material alumina, electricity,
Aluminium is increasingly used in low-carbon technologies. It is used in battery packaging, as a cathode in Lithium Nickel Cobalt Aluminium Oxide (NCA) batteries and in hydrogen fuel cells. Thanks to its lightness, it''s a key component in wind turbine nacelles and blades and can also be found in permanent magnets. In photovoltaic panels
1 天前· Secondary Aluminum Alloy: On Friday, aluminum prices continued to rise, with SMM A00 aluminum prices up 140 yuan/mt from the previous trading day to 20,340 yuan/mt, marking a
Aluminium Price: Get all information on the Price of Aluminium including News, Charts and Realtime Quotes.
SMM Analysis: Analysis of the Price Trend of Aluminum Oxide in 2023 for the Whole Year. Looking back at the whole year of 2023, the overall trend of aluminum oxide prices has been stable. The price trend in the first quarter was flat, with a slight decline in the second quarter, a slow rebound in the third quarter, and a significant increase at
Regarding the future trend of aluminum wire export volumes, based on historical data, July is not typically a low season for aluminum wire exports. Considering the current order trends and domestic raw material price movements, it is expected that aluminum wire exports in July may have some room for a rebound. Industry; Aluminium; PREVIOUS ARTICLE
Prices of key battery metals — especially lithium — have fallen dramatically since January, due to significant growth in production capacity across all parts of the battery value chain, from raw
4 天之前· Aluminum Billet Spot Market: According to SMM statistics, aluminum billet inventory in Foshan stood at 64,300 mt, while Wuxi recorded 35,800 mt, with a combined increase of 2,000 mt. Domestic aluminum billet inventory maintained an upward trend. Over the past week, profile enterprises gradually entered the holiday phase, leading to insufficient downstream demand,
5 天之前· Lithium-ion battery prices are forecast to drop 3% to around $112 per kilowatt-hour, the analysts found. That compares to a decline of 20% in 2024 and 13% the year prior. That
Aluminum, with its widespread applications in industries like automotive, aerospace, and construction, is a vital commodity in the global economy. The market for this versatile metal has experienced significant
Stay updated on scrap metal marketing with over 200 scrap prices. Prices average for metals in the United States and Canada.
January 13 News: According to SMM statistics, as of January 13, the social inventory of aluminum ingots in major domestic consumption areas was 455,000 mt, a decrease of 4,000 mt WoW; the inventory of aluminum billets in major domestic consumption areas was 142,600 mt, an increase of 5,600 mt WoW. The local prices are expected to be released soon,
Recent Trends in Aluminum Prices. Over the past few years, the global price of aluminum has experienced notable ups and downs. In the early 2010s, following the global financial crisis, aluminum prices faced a period of decline due to weakened demand and oversupply. However, prices gradually recovered as global economic conditions improved and
TrendForce''s latest investigations reveal that the prolonged decline in the prices of Chinese EV and ESS batteries during 2024 showed signs of easing in the fourth quarter.
On the domestic fundamentals side, transportation conditions in north-west China improved, forcing a halt to the continuous destocking trend of aluminum ingot inventory, with an initial formation of an inventory inflection point. Low inventory support for aluminum prices may gradually weaken. Alumina spot cargo supply remained tight, coupled
The growth in EV sales is pushing up demand for batteries, continuing the upward trend of recent years. Demand for EV batteries reached more than 750 GWh in 2023, up 40% relative to 2022, though the annual growth rate slowed slightly compared to in 2021‑2022. Electric cars account for 95% of this growth. Globally, 95% of the growth in battery demand related to EVs was a result
Aluminum (Al) is promising options for primary/secondary aluminum batteries (ABs) because of their large volumetric capacity (C υ ∼8.04 A h cm −3, four times higher than
The cost of battery cells decreased about 30% in 2023 compared to a year earlier as metals used in the cathode, the most expensive part of the lithium-ion battery, recorded significant price declines, an analysis by Commodity Insights shows. Lithium and nickel are the
1 天前· Aluminum ingot inventory: According to SMM statistics, as of January 20, 2025, the domestic social inventory of aluminum ingots was 455,000 mt, and the domestic circulating aluminum inventory was 329,000 mt, with an inventory buildup of 15,000 mt WoW. On a YoY basis, the current domestic aluminum ingot inventory increased by 18,000 mt compared to the
Aluminum Foil Market Outlook from 2024 to 2034. Silently encircling our daily necessities, aluminum foil is becoming popular as it maintains freshness and hygiene of perishable products. Given this growing fame, global sales of aluminum foil are estimated to be valued at US$ 27,630.4 million in 2024 and US$ 44,787.7 million by 2034.
However, the practical implementation of aluminum batteries is hindered by several substantial challenges, which will be thoroughly explored and discussed in the subsequent sections [37]. 2. Aluminum-ion batteries (AIB) AlB represent a promising class of electrochemical energy storage systems, sharing similarities with other battery types in their fundamental
Prices of nickel, lithium and cobalt — key raw materials for battery manufacturing — were already rising because of global demand. But war has sent the cost of such commodities skyrocketing © Seong Joon Cho/Bloomberg | SK On Co. battery cells for electric vehicle displayed at the InterBattery exhibition in Seoul
Chang Jung-hoon, an analyst at Samsung Securities, calculated that a 10 per cent rise in nickel prices will lead to a 2.4 per cent rise in the cathode price. If the spot nickel price of $42,995 on March 7 translates directly into battery prices, the cathode will rise by 26 per cent and the price of the whole battery by 6 per cent.
Across both the Chinese and overseas markets, the main driver behind this price surge is the fundamental imbalance between supply and demand in the alumina market. Since the beginning of 2024, China’s alumina capacity has grown steadily, with an average refinery operating rate of 85.14% in August, according to SMM.
For years the industry was proved right: battery costs fell from $1,000 per KWH for the first models more than a decade ago to about $130 in 2021, paving the way to making them affordable for middle income families. But Russia’s invasion of Ukraine threatens to halt the slide.
This would be negative for the Shanghai Futures Exchange (SHFE) aluminium price. The removal of the tax rebate, which was introduced to support China’s sales abroad, could ease industrial capacity that has caused trade tensions with the US and Europe after aluminium smelters closed globally due to excess supply, low prices, and high energy costs.
High alumina prices provide an upside risk to our forecast. However, downside risks remain in the market. Geopolitical tensions are lingering, and supply chains and trade flows are likely to shift over the next year. A continued trade war could be another drag on demand in the long term.
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