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Primary aluminium news

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13 Aug 20264MINS

US vs EU: who is leading as Canada’s aluminium trading country in 2026

Canada's aluminium import trends in 2026 point to different trajectories for its two key Western suppliers. The United States remains Canada's main source of imported aluminium, although shipments have continued to fall. At the same time, aluminium exports from the European Union have been moving higher, even if they are still well below US volumes. The latest trade figures show how Canada's sourcing pattern is changing this year. US aluminium trade declines The United States exported 110,1 ...

13 Aug 20267MINS

CPI in line with expectations eases macro anxiety, continued destocking provides price support

Futures: SHFE aluminium closed at RMB 24,195 per tonne, down 0.62 per cent, with prices falling below MA5 (24,187) but still above MA10 (23,961), MA30 (23,435) and MA60 (23,708). Short-term moving average support is facing a test, but the medium-term bullish structure remains intact. The MACD indicator showed DIF=224.4 and DEA=128.3, maintaining a golden cross, but the histogram narrowed to 192.2 (vs. 224.33 the previous day), and bullish momentum weakened somewhat. Trading volume shrank furt ...

13 Aug 20262MINS

LME aluminium price drops by nearly 2% across cash and contracts on August 12

The London Metal Exchange (LME) aluminium price chart reported major declines of nearly 2 per cent across the pricing and contract segments on the August 12 close after an improvement was noticed on the August 11 session. The LME aluminium cash bid eased 1.93 per cent day-on-day on August 12, down from USD 3,372 per tonne to USD 3,307 per tonne. The offer shifted from USD 3,373 per tonne to USD 3,307.5 per tonne, representing a difference of 1.94 per cent. Explore- Most comprehensive and f ...

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