SHFE aluminium falls, East China premium pulls back
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...
Concerns over liquidity tightening ease marginally, aluminium prices are under pressure at high levels in the short term
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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India aluminium scrap prices remain stable; aluminium futures settle slightly higher
<p>Major aluminium scrap commodities prices in India remained stable on the Scrap Register Price Index as on Tuesday, while aluminium futures prices at India's Multi Commodity Exchange settled slightly higher ahead of expected weaker Chinese data as well as a possible increase in US interest...
India aluminium futures traded 0.25% higher on spot demand
<p>Aluminium prices in India futures market gained 0.25 per cent to INR 121.55 per kg on Tuesday, June 13, as fresh positions built up on speculations driven by a sudden surge in demand in the spot market.</p> <p>Aluminium for delivery in June contracts was up by 0.25 per cent to INR 121.55 kg at...
India aluminium scrap prices stay flat; aluminium futures gain slightly
<p>Major aluminium scrap commodities prices in India stayed flat on the Scrap Register Price Index as on Friday, while aluminium futures prices at Multi Commodity Exchange gained mainly due to the better Chinese trade data that showed imports and exports picked up in May.</p> <p style="text-align:...
India aluminium scrap prices fall tracking weakness in futures
<p>India's major aluminium scrap commodities prices fell on the Scrap Register Price Index as on Wednesday tracking the weakness in aluminium futures prices at Multi Commodity Exchange.</p> <p>The major aluminium scrap commodities like aluminium rod company, aluminium rod local, aluminium sheet...
India Aluminium Scrap, Aluminium Futures prices down
<p>Major aluminium scrap commodities prices in India dropped on the Scrap Register Price Index as on Monday, tracking the weakness in aluminium futures prices at Multi Commodity Exchange as traders brushed aside news that Qatar's exports of the metal had been blocked and focused instead on weak...
India aluminium scrap prices remain flat; aluminium futures down 1.3 percent
<p>Major aluminium scrap commodities prices in India remained flat on the Scrap Register Price Index as on Tuesday, while aluminium futures prices at Multi Commodity Exchange ended down as China increases production in the third quarter.</p> <p style="text-align: center;"><img...
India Aluminium Scrap prices stay flat; Aluminium Futures slightly up
<p>India major aluminium scrap commodities prices stayed flat on the Scrap Register Price Index as on Thursday, while aluminium futures prices at Multi Commodity Exchange ended slightly higher.<br /> <br /> India's major aluminium scrap commodities like aluminium accessories scrap, aluminium cable...
India aluminium futures up by 0.24% on increased demand
<p>India aluminium prices on Multi Commodity Exchange rose by 0.24 per cent to INR 126.60 per kilogram during day trading hours on Friday, May 26 as demand picked up at the domestic spot market. Speculators in the futures trade also built up fresh positions leading to the price rise.</p> <p...
India aluminium scrap market lull contrasts bullish MCX aluminium
<p>A flat trend was observed in the India aluminium scrap commodities market as major aluminium scrap commodities prices showed no change on the Scrap Register Price Index on Tuesday, May 23. Aluminium futures prices, on the other side, rose higher at Mumbai’s Multi Commodity Exchange gaining...
India aluminium scrap prices stay flat; aluminium futures settle slightly higher
<p>India major aluminium scrap commodities prices on the Scrap Register Price Index stayed flat as on Tuesday, while aluminium futures prices at Multi Commodity Exchange settled slightly higher at INR 121.05 per kilogram.</p> <p><img style="vertical-align: middle; display: block; margin-left: auto;...
MCX-aluminium futures bounce from a key support
<p>The MCX-aluminium futures contract on the Multi Commodity Exchange (MCX) fell last week, breaking below the support at INR 124 a kg. However, the 21-week moving average at around INR 122 aided in halting the fall.</p> <p>The contract made a low of INR 122.25 on Thursday and has reversed sharply...
LME aluminium to open higher at US$1920/t, Shanghai aluminium ends lower
<p>The London Metal Exchange market remained closed till Monday, April 17, for the Easter Holidays. Shanghai Metals Market (SMM) expects that LME aluminium will open higher at US$1,920-1,965 per tonne on Tuesday, April 18 (at 15:00). The market will watch out for the price support at lows, analysts...
India aluminium scrap prices hold ground while aluminium futures decline on MCX
<p>Major aluminium scrap commodity prices in India market remained steady on Thursday, April 13, while aluminium futures prices on Multi Commodity Exchange (MCX) witnessed a slide. The overall price ended below at INR 123.10 per kilogram.</p> <p>India's aluminium scrap commodities, the major ones...
MCX aluminium to see range-bound trading at INR 122-130
<p>The aluminium futures contract traded on India's Multi Commodity Exchange (MCX) lost ground after scaling a high of INR 125.7 on Monday April 10. The increase was basically a bounce back from last week's decline when the contract tested support at INR 124 on Friday, April 8.</p> <p>MCX aluminium...
India Aluminium Scrap prices climb; MCX Aluminium settle down
<p>India major aluminium scrap commodities prices climbed on Tuesday, while aluminium futures prices at Multi Commodity Exchange settled down on profit booking after prices gained on expectations of a tighter market.</p> <p><img style="vertical-align: middle; display: block; margin-left: auto;...
CME Group reports a record first-quarter Metals ADV of 512,000 contracts
<p>CME Group has reported that March 2017 average daily volume (ADV) reached 16.9 million contracts, up 18 percent from a March 2016.</p> <p>CME Group March 2017 options volume averaged 4 million contracts per day, up 47 percent versus March 2016, with electronic options averaging 2.3 million...
India aluminium scrap prices continue to remain stable; aluminium futures edge up
<p>India's major aluminium scrap commodities prices continued to remain stable on Friday, while aluminium futures prices at Multi Commodity Exchange edged up as the political heat is rising in the aluminium market, with a trio of industry bodies calling on the G20 to address global market...
India aluminium scrap prices show steady trend while MCX futures edge higher
<p>The prices of major aluminium scrap commodities traded in India’s domestic spot market remained relatively flat on Friday, March 17, while aluminium futures prices at the Multi Commodity Exchange (MCX) edged marginally higher INR 124.90 per kilogram.</p> <p><img style="vertical-align:...
