Today, the centre of SHFE aluminium futures fell from the previous trading day, market shipment sentiment was relatively pronounced, and overall spot aluminium transactions shifted to discounts. Today, market transactions for A00 aluminium ingot premiums were between a discount of RMB 40 per tonne...
Futures: SHFE aluminium closed at RMB 24,010 per tonne, down 0.62 per cent, with the price breaking below MA5 (around 24,160) but holding slightly above MA10 (23,988.5); short-term moving average support faces a test, while medium-term MA30 (23,469.5) and MA60 (23,699.67) remain in bullish...
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During the week ending on February 2, 2024, base metals prices experienced a significant downturn on the London Metal Exchange (LME), with three-month aluminium futures dropping by 1.8 per cent to $2,233 per tonne, while nickel settled at $16,235 per tonne, marking a 3.3 per cent decrease....
On December 27, today, the SHFE aluminium price has grown by 0.33 per cent or US$9 per tonne to park at US$2,698 per tonne. Considering the SHFE price on December 27, last year, we may find a Year-on-Year influx of US$19 per tonne or 0.7 per cent from US$2,717 recorded that day. This year, the...
On Tuesday, December 26, the Shanghai Futures Exchange (SHFE) aluminium price lost US$9 per tonne or 0.33 per cent to close at US$2,689 per tonne. Overnight, the most-traded SHFE 2402 aluminium contract opened at RMB 19155 per tonne, with low and high at RMB 19085 per tonne and RMB 19155 per tonne...
LME aluminium opened at US$2240.5 per tonne yesterday, with its high and low at US$2286 per tonne and US$2233 per tonne, respectively, before closing at US$2282 per tonne, up 1.83 per cent. On Monday, December 18, both LME aluminium cash bid price and LME aluminium official settlement price grew by...
LME aluminium opened at US$2121 per tonne yesterday, with its high and low at US$2143 per tonne and US$2116 per tonne, respectively, before closing at US$2124 per tonne, flat from the previous trading day. On Tuesday, December 12, both LME aluminium cash bid price and LME aluminium official...
LME aluminium opened at US$2198 per tonne last Friday, with its high and low at US$2217 per tonne and US$2183 per tonne, respectively, before closing at US$2200 per tonne, an increase of US$6 per tonne or 0.27 per cent. On Friday, December 1, both LME aluminium cash bid price and LME aluminium...
LME aluminium opened at US$2223 per tonne in the previous trading day, with its low and high at US$2215 per tonne and US$2233 per tonne, respectively, before closing at US$2222 per tonne, up US$0.5 per tonne or 0.02 per cent. On Thursday, November 23, both LME aluminium cash bid price and LME...
LME aluminium opened at US$2212.5 per tonne in the previous trading day, with its low and high at US$2196 per tonne and US$2218 per tonne, respectively, before closing at US$2216 per tonne, up US$4.5 per tonne or 0.2 per cent. On Friday, November 17, LME aluminium cash bid price and LME aluminium...
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$2200 per tonne last Friday, with its low and high at US$2187 per tonne and US$2230.5 per tonne, respectively, before closing at US$2225.5 per tonne, up US$29 per tonne or 1.32 per cent. On Friday, October 27, both LME aluminium cash bid price and LME aluminium official...
Three-month LME aluminum opened at US$2,178 per tonne last evening and closed at US$2,206 per tonne, a rise of US$30 per tonne or 1.38 per cent. On Tuesday, October 24, LME aluminium cash bid price and LME aluminium official settlement price grew by US$2 per tonne, following a fall of US$7.5 per...
LME aluminum opened at US$2,188 per tonne last Friday, with its low and high at US$2,169 per tonne and US$2,190.50 per tonne, respectively, before closing at US$2,180 per tonne, a drop of US$10 per tonne or 0.46 per cent. On Friday, October 22, LME aluminium cash bid price and LME aluminium...
India's imported aluminium scrap prices have shown mixed sentiments in line with movements in futures exchanges, which had w-o-w divergences but primarily exhibited a negative trend. The current state of the aluminium market is characterised by a diverse environment driven by various significant...
The imported aluminium scrap market in India witnessed a mixed trend last week, leading to moderate trading activity amidst a volatile futures market. According to reliable sources, buying and selling activities remained insignificant as compared to the average levels. It has been reported that...
LME aluminium opened at US$2,193 per tonne on Thursday, with its high and low at US$2,199 per tonne and US$2,176.5 per tonne, respectively, before closing at US$2,196.5 per tonne. London Metal Exchange's live price graph displayed that the 3-month official price has descended by US$10 per tonne or...
LME aluminium opened at US$2,201.5 per tonne on Wednesday, with its high and low at US$2,229 per tonne and US$2,199.5 per tonne, respectively, before closing at US$2,201 per tonne, a slight decrease of US$0.5 per tonne or 0.02 per cent from the previous trading day. On Thursday, August 31, both LME...
LME aluminium opened at US$2,147 per tonne on Monday, with its high and low at US$2,150.5 per tonne and US$2,115 per tonne, respectively, before closing at US$2,145.5 per tonne, an increase of US$7 per tonne or 0.33 per cent from the previous trading day. On Monday, August 21, both LME aluminium...
The Indian imported aluminium scrap market encountered significant challenges this week, with scrap prices experiencing a sharp decline of up to 5.8 per cent week-on-week. This reduction was primarily attributed to a scarcity of favourable offers aligning with lower futures, resulting in decreased...
