CRU Group

Alba Partners With CRU On Virtual Market Update Conference

Alba Partners With CRU On Virtual Market Update Conference

Last week Aluminium Bahrain B.S.C. (Alba) hosted the first-of-its-kind virtual market update session for customers around the globe. The initiative was a partnership between Alba and CRU and took place over four days. The program was divided up into two-day segments, and...

Unplanned Outages Drop China’s Aluminium Production By 0.5 Percent In August

Unplanned aluminum production outages at two of the country’s main smelters helped drop the People’s Republic of China’s total production by 0.5 percent on the month in August according to numbers released yesterday by the National Bureau of Statistics (NBS). Per Beijing’s numbers, China’s aluminium smelters combined to produce 2.97 million metric tons of primary […]

China’s Daily Aluminium Production Lowest Since October

The per-day aluminium production of smelters in the People’s Republic of China fell by 3.6 percent in March, dropping to a nadir not seen since last fall. Such was the picture painted by numbers released by Reuters yesterday, which were derived from figures announced by the National Bureau of Statistics earlier in the day. Per […]

CRU Alumina Price Index Passes Benchmark Assurance Review

London commodities consultant CRU Group announced last week that the CRU Alumina Price Index (CRU-API) successfully completed an external assurance review in preparation for today’s launch of LME’s new cash-settled alumina futures contract. The review, which was undertaken by PricewaterhouseCoopers LLP (PwC), was part of a report prepared by the Group to demonstrate the index’s […]

New LME Alumina Contract To Utilize CRU Alumina Price Index

London commodities consultant CRU Group said yesterday that the London Metal Exchange will soon be using the firm’s CRU Alumina Price Index (CRU-API) in the settlement of the LME’s new cash-settled Alumina futures contract. The new futures contract is set to commence trading on March 11 and will use the CRU-API to settle physical contracts […]