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China inventory continued to decline this week, aluminium prices showed LME outperforms SHFE in the short term
01 Jun 20267MINS
Primary AL
Futures: The SHFE aluminium 2607 contract closed at RMB 24,265 per tonne, down 0.31 per cent. The price fell below the key moving average MA5 (24,375), trading below MA10 (24,426), MA30 (24,691.67), and MA60 (24,704.92). The moving averages were in a bearish alignment, indicating a clearly weak sh ...
LME aluminium prices recover as cash reaches $3,769.5/t and 3-month contract gains 1.24%
01 Jun 20262MINS
Primary AL
The London Metal Exchange (LME) aluminium prices eased on the May 29 session after shooting up on the May 28 session. The cash price, however, remained above USD 3,700 per tonne. As both near-term and longer-dated contracts continued to rise, stocks recorded a consistent decline. The LME aluminiu ...

31 May 20264MINS
Primary AL
Rio Tinto has successfully started commissioning its USD 1.5 billion AP60 smelter expansion at Complexe Arvida in Quebec, marking a major milestone for the deployment of its state-of-the-art, low-carbon aluminium smelting technology. The start-up, which began in March, is expected to be completed ...
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