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Primary aluminium news

Gain a competitive edge with real-time insights into primary aluminium trends, market dynamics, global developments, strategic foresight and business advancements.

Top Stories
Central China market trading atmosphere turns subdued, East China purchasing sentiment weakens
15 Jul 20262MINS
In the morning session, the trading centre of the SHFE aluminium 2606 contract was below the level at the same time of the previous trading day. Affected by the off-season, market procurement sentiment remained weak today, with mainly just-in-time procurement and ample circulating goods. Transactions were concluded at a discount of RMB 10-20 per tonne against the SHFE aluminium Aug contract. The shipment sentiment index in east China today was 3.11, up 0.03 from the previous trading day; the ...
Geopolitical conflicts amid cooling inflation, aluminium prices strong with limited upside room
15 Jul 20267MINS
Futures: The most-traded SHFE aluminium 2608 contract closed at RMB 23,165 per tonne, down 45 yuan or 0.19 per cent from yesterday’s settlement price. It opened at RMB 23,350 per tonne intraday and fluctuated in the range of RMB 23,165–23,380 per tonne. The price was trading above the MA5 (23,107.00) and MA10 (22,967.50) but below the MA30 (23,493.83) and MA60 (24,101.25). The short- and medium-term moving averages are in a bearish alignment and gradually pressing down, presenting a pronounce ...

15 Jul 20262MINS
The London Metal Exchange (LME) aluminium price continued to improve on July 14, following the trend of the July 13 trading session. The cash gained nearly 1 per cent as stocks recorded a consistent decline.  The LME aluminium cash bid price gained 0.99 per cent day-on-day, up from USD 3,138 per tonne to USD 3,169 per tonne. The offer price edged up from  USD 3,138.5 per tonne to USD 3,171 per tonne, rising by 1.04 per cent.   Explore- Most comprehensive and forward-looking industry-focused ...
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