Futures: The most-traded SHFE aluminium 2610 contract closed at RMB 23,990 per tonne, down RMB 15 from yesterday's settlement price, a decline of 0.06 per cent. It opened at RMB 23,995 per tonne during the day and fluctuated within a range of RMB 23,950-24,055 per tonne. Prices traded below the MA5...
The London Metal Exchange (LME) aluminium price reported improvements, rising above 1 per cent across the pricing segment, followed by modest gains in contracts on the September 14 close, recovering from the downward trend reported at the September 13 session . The LME aluminium cash bid and offer...
Grow with
AL Circle
A disappointing data release not only hints at a potential downward revision of third-quarter GDP growth but also raises concerns that the industry-heavy German economy may enter a technical recession by the end of 2023. Germany's ongoing macroeconomic struggles persist, raising doubts among the...
LME aluminium opened at US$2273.5 per tonne on Wednesday, low and high at US$2262 per tonne and US$2279 per tonne, respectively, before closing at US$2264 per tonne, down US$17 per tonne or 0.07 per cent. On Thursday, November 8, both LME aluminium cash bid price and LME aluminium official...
During the third quarter of the year, Germany witnessed a notable decrease in aluminium production, according to a report from the Aluminium Deutschland (German Aluminium Association). In the smelters, the primary aluminium production volume dropped by nearly 50 per cent, and the manufacturing of...
On Wednesday, November 8, China’s A00 aluminium ingot price has gained RMB 60 per tonne to settle at RMB 19,230 per tonne, with the average prices standing between RMB 19,210 per tonne and RMB 19,250 per tonne. The spot contract price may be traded at a discount price of RMB 90 to RMB 50 per tonne....
LME aluminium opened at US$2286.0 per tonne on Tuesday, with its low and high at US$2253.0 per tonne and US$2286.0 per tonne, respectively, before closing at US$2277.0 per tonne, down US$9 per tonne or 0.39 per cent. On November 7, the LME aluminium live price chart spotted slightly declining...
In an ever-evolving world where innovation and sustainability go hand in hand, one industry stands out for its remarkable contributions – the aluminium industry. We are glad to announce the launch of our latest edition, a dedicated publication that aims to be your guiding light in the vast realm of...
Emirates Global Aluminium, the largest industrial company in the United Arab Emirates outside oil and gas, is hosting the 41st International Conference and Exhibition of The International Committee for Study of Bauxite, Alumina & Aluminium (ICSOBA) in Dubai this week. ICSOBA is the largest annual...
The Shanghai Metals Market, on November 7 witnessed an overall spike in aluminium prices, with the SMM A00 aluminium ingot price adding RMB 50 per tonne to close at RMB 19,170 per tonne. The average aluminium prices have circulated between RMB 19,150 per tonne and RMB 19,190 per tonne. If we...
LME aluminium opened at US$2253 per tonne on Monday, with its low and high at US$2243 per tonne and US$2295 per tonne respectively before closing at US$2286 per tonne, up US$33 per tonne or 1.42 per cent. On Monday, November 6, both LME aluminium cash bid price and LME aluminium official settlement...
LME aluminium opened at US$2232.5 per tonne last Friday, with its low and high at US$2229.5 per tonne and US$2260 per tonne, respectively, before closing at US$2256.5 per tonne, up 0.98 per cent. The LME aluminium live price chart , on November 3, marked a slight elevation in aluminium prices, with...
On Monday, November 6, China’s A00 aluminium ingot price dropped by RMB 50 per tonne to clock at RMB 19,120 per tonne, with the average prices between RMB 19,100 per tonne and RMB 19,140 per tonne. The spot contract price may be traded at a discount price of RMB 90 to RMB 50 per tonne. The domestic...
In October 2023, the global aluminium industry experienced static demand and supply dynamics, resulting in limited price fluctuations on both the London Metal Exchange (LME) and the Shanghai Futures Exchange (SHFE). The ongoing economic deceleration in Western nations and specific Asian markets,...
The primary aluminium industry, which is considered to be an epicentre of the aluminium value chain, is always spotted with crucial occurrences. This week was no exception, and the most vital event was the commencement of productions at aluminium smelters in Yunnan. This phenomenon is expected to...
Indian aluminium giants, including Hindalco Industries Ltd, Vedanta Ltd, and National Aluminium Corporation (NALCO), have reportedly reduced their aluminium prices in response to the LME aluminium price fall this week from October 30 to November 3. The LME aluminium benchmark price encountered a...
Aluminium grain refiner specialist MQP has increased the production capacity of its high-efficiency Optifine range by 20% through a six-figure investment at its manufacturing plant. The Solihull-based company has installed a new production line at the plant in Baoding, China, increasing the output...
On November 3, the Shanghai Metals Market experienced mixed aluminium price trends, with the SMM A00 aluminium ingot price negating RMB 20 per tonne to close at RMB 19,170 per tonne. The average aluminium prices have circulated between RMB 19,150 per tonne and RMB 19,190 per tonne. If we consider...
LME aluminium opened at US$2244.5 per tonne on Thursday, with its low and high at US$2224.5 per tonne and US$2251.5 per tonne, respectively, before closing at US$2232 per tonne, down 0.47 per cent. On Thursday, November 2, both LME aluminium cash bid price and LME aluminium official settlement...
In October 2023, China encountered an assorted journey in terms of price movement across the aluminium value chain. Being obligated to the unenthusiastic demand among downstream sector, China’s domestic primary aluminium ingot price continued to fall in the said month. On the other hand, the...
