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Macro stagflation concerns combined with weak demand keep aluminium prices consolidating on a subdued note in the short term
Primary AL08 OCT 2026

Macro stagflation concerns combined with weak demand keep aluminium prices consolidating on a subdued note in the short term

SHFE aluminium was not open during the National Day holiday. On Oct 7, LME aluminium 3M opened at USD 3,140.5 per tonne, hit a high of USD 3,148 per tonne, a low of USD 3,101.5 per tonne, and closed at USD 3,125 per tonne, down USD 18.5 per tonne from the previous close, a decline of 0.59 per cent. Futures continued to consolidate on a weak note, with prices breaking below the 5/10/20/40/60-period moving averages. All moving averages exerted downward pressure, confirming a clear bearish trend. Trading volume during the session was 16,383 lots, with open interest at 567,000 lots, up 1,296 lots, driven mainly by bearish positioning. On the daily chart, the MACD death cross persisted, with DIFF below DEA and green bars maintained, indicating bearish momentum was still being released. US...

Hormuz crude flows recover, but aluminium, LNG and fertiliser face a slower return to normal
Primary AL07 OCT 2026

Hormuz crude flows recover, but aluminium, LNG and fertiliser face a slower return to normal

Middle East crude exports ended September at roughly their pre-conflict levels and exceeded them on several days, according to Reuters. However, the recovery is far less complete for other Gulf commodities. Diesel and gasoline shipments were running at 58 per cent of pre-conflict volumes, while LNG, fertiliser, aluminium and helium were recovering more slowly. The uneven rebound highlights why crude flows alone do not provide a complete picture of trade through the Strait of Hormuz. For commodities with lower margins, limited routing options or specialised infrastructure requirements, the cost of moving cargoes and repairing damaged facilities continues to weigh on supply. Crude can absorb the cost of moving through Hormuz Supertanker rates for voyages from the Middle East to China...

Ma’aden aluminium surge puts growth back in focus as stock trades at $17
Primary AL07 OCT 2026

Ma’aden aluminium surge puts growth back in focus as stock trades at $17

Ma’aden’s aluminium business delivered strong revenue growth in Q2 2026 as higher realised prices lifted the segment, although weaker phosphate and ammonia guidance creates a mixed operating backdrop. Saudi Arabian Mining Company (Ma’aden) saw aluminium revenue rise 49 per cent year on year to USD 1.01 billion in Q2 2026, with realised aluminium prices increasing 51 per cent to USD 3,915 per tonne. Read more about Maaden aluminium revenue jump in Q2 2026 The stronger aluminium performance provides the clearest quantified growth signal in Ma’aden’s latest operating picture. However, revised production guidance for phosphate and ammonia adds a counterweight as investors assess the company’s broader portfolio. Higher aluminium prices drive revenue growth The aluminium division produced...

The next generation of Molten Metal Level Control
Primary AL07 OCT 2026

The next generation of Molten Metal Level Control

Precimeter just unveiled LynCor at ALUMINIUM 2026. This is our new hardware and software platform for automated molten metal level control. Along with the platform we unveiled the first product in the series, LynCor ProH laser camera sensor. Together the platform and the laser camera sensor marks the next step in our development of more connected, reliable and efficient casthouse automation. Laser camera sensors have been at the core of our business since 1995. Over three decades, we have seen how heat, slag, metal splashes and limited process visibility challenge casting operations. When maintenance interrupts production or a process issue leaves no recorded evidence, the consequences extend beyond the sensor itself. LynCor brings measurement, connectivity and diagnostics together to...

LME aluminium offer price rises to $3,134.5/t as stocks remain unchanged at 240,375t
Primary AL07 OCT 2026

LME aluminium offer price rises to $3,134.5/t as stocks remain unchanged at 240,375t

LME aluminium prices moved higher on October 6 compared with the previous trading day, with cash and three-month prices rising by nearly 1 per cent. The increase came as LME aluminium opening stocks remained unchanged, while live warrants declined and cancelled warrants increased. On October 6, the LME aluminium cash bid price stood at USD 3,134 per tonne, up 0.90 per cent from USD 3,106 per tonne on October 5. The cash offer price stood at USD 3,134.5 per tonne , compared with USD 3,107 per tonne on October 5, marking a 0.89 per cent increase. The LME aluminium three-month bid price rose to USD 3,148 per tonne on October 6 from USD 3,117.5 per tonne on October 5, an increase of 0.98 per cent. The corresponding three-month offer price increased to USD 3,148.5 per tonne from USD 3,118 per...

Vedanta Aluminium hits record Q2 output as aluminium production rises 5% to 649,000 tonnes
Primary AL06 OCT 2026

Vedanta Aluminium hits record Q2 output as aluminium production rises 5% to 649,000 tonnes

Vedanta Aluminium reported record quarterly production across aluminium, alumina and value-added products in Q2 FY27, supported by capacity expansion and efficiency improvements. Vedanta Aluminium Metal Limited, India’s largest aluminium producer, recorded its highest-ever quarterly aluminium production of 649,000 tonnes in Q2 FY27, up 5 per cent year on year from 617,000 tonnes in Q2 FY26. Aluminium output also increased 3 per cent quarter on quarter from 632,000 tonnes in Q1 FY27. For the first half of FY27, production reached a record 1,281,000 tonnes, up 5 per cent from 1,222,000 tonnes in H1 FY26. The company attributed the increase to new smelter volumes and efficiency improvements across existing production lines. Alumina output jumps 37 per cent Vedanta Aluminium’s alumina...

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