Futures: The most-traded SHFE aluminium contract opened at RMB 24,590 per tonne in the night session on September 9, reached a high of RMB 24,660 per tonne and a low of RMB 24,565 per tonne, and closed at RMB 24,650 per tonne, up RMB 90 per tonne or 0.37 per cent from the previous close. Futures...
The LME aluminium price moved higher on September 9 compared with the previous trading day, with cash and three-month aluminium prices recording gains, while total warehouse stocks remained unchanged. On September 9, the LME aluminium cash bid price stood at USD 3351.5 per tonne, up USD 27.5 per...
Grow with
AL Circle
The most-traded SHFE aluminium 2609 contract closed at RMB 23,195 per tonne today, down RMB 25 for a 0.11 per cent decline. Trading volume stood at 133,450 lots, with open interest at 251,167 lots, a daily decrease of 1,858 lots as open interest edged lower, reflecting signs of minor position...
South32 has recognised exceptional costs of USD 117 million after the closure of its Mozal aluminium smelter in Mozambique , as an unresolved power deal impasse with the Mozambican government keeps operations stalled. The Mozal smelter, one of Africa’s largest aluminium producers with a...
The Middle East updates on rising geopolitical tensions continue to fill the board. Still, aluminium prices have all the gains triggered by the Middle East crisis that began on February 28 this year. The London Metal Exchange (LME) aluminium price chart recorded the three-month contract slipping...
Futures: In the night session on July 24, the most-traded SHFE aluminium contract opened at RMB 23,195 per tonne, reached a high of RMB 23,220 per tonne and a low of RMB 23,105 per tonne, and finally closed at RMB 23,205 per tonne, down 0.09 per cent from the previous settlement. During this...
The London Metal Exchange (LME) aluminium price chart continued to record a declining trend across all the pricing segments at the close of the June 24 trading session. Only the alumina pricing segment showed consistency. The LME aluminium cash bid as well as offer prices eased by 0.59 per cent...
Macro Front The US-Iran conflict continues to escalate, maintaining disruptions to shipping in the Strait of Hormuz. Regional geopolitical risk premiums persist and supply uncertainties linger. The US CPI monthly rate turned negative for the first time in six years, dampening market expectations of...
The most-traded SHFE aluminium 2609 contract closed at RMB 23,345 per tonne today, up RMB 85 per tonne or 0.37 per cent on the day. Trading volume increased notably from the previous session, reaching 208,200 lots intraday. Volume expanded during the bottom-out rebound, indicating buying support at...
On March 28, the US-Iran tension took a new turn as Iranian missiles struck the Khalifa Economic Zone in Abu Dhabi, damaging the alumina refinery that feeds Emirates Global Aluminium’s Al Taweelah smelter, the largest aluminium production complex in the Gulf. Four hundred kilometres south-west,...
Futures: SHFE aluminium closed at RMB 23,280 per tonne, slightly down 0.02 per cent, with prices above MA5 (23,197) and MA10 (23,192.5), and the closing price of 23,280 exactly matching MA30 (23,276.67). Short-term moving average support is effective, while the mid-term moving average pressure...
The London Metal Exchange (LME) aluminium chart recorded a decline across all the pricing segments at the close of the June 23 session. Only the live warrants and alumina price remained stable. The LME aluminium cash bid price eased from USD 3,204 per tonne on July 22 to USD 3,193.5 per tonne on...
Update on the July 27 ribbon-cutting ceremony: Century Aluminum CEO Jesse Gary will be joined by US Secretary of Commerce Howard Lutnick, Senior Counselor to President Trump Dr Peter Navarro and South Carolina Attorney General Alan Wilson as the company celebrates the expansion of its Mt Holly...
Shares of Aluminum Corporation of China (Chalco) rallied during the latest trading session after investors responded positively to plans by its parent company to increase its shareholding, alongside improving aluminium market fundamentals. The company's Hong Kong-listed shares gained 6.28 per cent...
Norsk Hydro has warned that the global aluminium market could face a deeper supply deficit if disruptions to shipping through the Strait of Hormuz continue, with prolonged constraints expected to tighten the availability of both raw materials and finished metal. Hydro President and CEO Eivind...
Recent changes to US aluminium tariffs are likely to become a permanent feature of the country's trade policy rather than a temporary measure, according to analysts at ING, who say the changes point to a broader shift towards long-term protectionism. In a recent market note, ING's commodities team...
The most-traded SHFE aluminium 2609 contract closed at RMB 23,345 per tonne today, gaining RMB 85 per tonne, or 0.37 per cent. It opened flat and consolidated, dipped to a low of 23,230 before stabilising, then drifted higher, and closed near the session high, forming a full bullish candlestick...
LME aluminium prices moved higher on July 22 compared with July 21, with gains recorded across the cash, three-month and December 2027 contracts, while exchange inventories continued to decline. The LME aluminium cash bid price increased to USD 3,204 per tonne on July 22 from USD 3,183 per tonne on...
Futures: SHFE aluminium settled at RMB 23,260 per tonne, up 0.35 per cent, with the price above the MA5 (23,162) and MA10 (23,165), but below the MA30 (23,303.17) and MA60 (23,932.08), indicating effective short-term moving average support but resistance from medium-term moving averages. The MACD...
In June 2026, China's primary aluminium trade exhibited a pronounced divergence, marked by contracting imports and surging exports. Imports declined sharply in both volume and value, while their origins remained highly concentrated, with Russia retaining its firm lead as the top supplier. On the...
