LME aluminium prices edged lower on September 4 compared with the previous trading day, while aluminium stocks also declined marginally. The most notable movement was in cancelled warrants, which fell by more than 38 per cent day on day. On September 4, the LME aluminium cash bid price stood at USD...
Major aluminium producers have offered Japanese buyers premiums of USD 310-325 per tonne for primary aluminium shipments in the October-December quarter. The bar is 18-22 per cent lower than the USD 395 per tonne premium agreed for the current July-September quarter. The premium paid by Japanese...
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The London Metal Exchange (LME) aluminium prices made a modest recovery on June 22. Cash price and futures contracts improved over the previous session’s figures, while the continued decline of opening stocks indicated market volatility. On June 22, the LME aluminium cash bid price edged up from...
Futures: SHFE aluminium closed at RMB 23,980 per tonne ahead of the holiday, with the price far below the MA5 (24,005), MA30 (24,354.17), and MA60 (24,535.42). The moving averages were in a bearish alignment and diverging at an accelerating pace, indicating a notably weak pattern. The MACD showed...
Futures: The most-traded SHFE aluminium contract opened at RMB 23,900 per tonne in the night session on June 17, with the highest price at RMB 23,950 per tonne, the lowest at RMB 23,860 per tonne, and finally closed at RMB 23,940 per tonne, up 0.25 per cent from the prior close. During this period,...
The London Metal Exchange (LME) aluminium price graph recovered at the close of the June 17 session. The upswing in cash and near-term contracts improved in parallel as the withdrawals from stocks led to a continued decline in the aluminium inventory. The LME aluminium cash bid as well as offer...
Aluminium ingot inventory: Destocking turning point established at high levels, but absolute volume pressure persists China’s aluminium ingot inventory, after hitting a peak not seen in nearly three years in 2026, accelerated its pullback this week. According to SMM statistics, as of June 11,...
Futures: SHFE aluminium closed at RMB 24,155 per tonne in the daytime session, up 0.62 per cent, remaining below all key moving averages (MA5≈24,072, MA10≈24,300, MA30≈24,450, MA60≈24,590), with clear downward pressure from short-term MAs and the bearish alignment still in place. The MACD indicator...
Futures: SHFE aluminium settled at RMB 23,900 per tonne, down 0.67 per cent. Prices further moved away from all moving averages (MA5=24,146, MA10=24,389, MA30=24,483, MA60=24,612), with the moving average system showing an accelerated bearish alignment and divergence, and weakness intensifying. The...
London Metal Exchange (LME) aluminium prices continued to dip on June 4 after the figures eased on the June 3 from USD 3,800 per tonne on the previous close. The session recorded a decline in the aluminium prices, contracts as wells as stocks. The LME aluminium cash bid price eased 1.54 per cent...
During the morning session, the SHFE aluminium 2606 contract fluctuated upward, with the overall price centre rising compared to the previous trading day. Affected by higher aluminium prices, downstream purchase sentiment weakened significantly, and selling sentiment was notably higher than...
Futures: The SHFE aluminium 2607 contract closed at RMB 24,265 per tonne, down 0.31 per cent. The price fell below the key moving average MA5 (24,375), trading below MA10 (24,426), MA30 (24,691.67), and MA60 (24,704.92). The moving averages were in a bearish alignment, indicating a clearly weak...
Futures: SHFE aluminium's most-traded contract opened at RMB 24,350 per tonne during the night session on May 27, with the highest price at RMB 24,405 per tonne, the lowest price at RMB 24,205 per tonne, and finally closed at RMB 24,275 per tonne, down 0.86 per cent from the previous close. The...
Futures: SHFE aluminium closed at RMB 24,560 per tonne in the night session on May 26, down 0.04 per cent from the previous close. The price rebounded to near above MA5 (24,515.39), running near MA10 (24,497.17) and MA20 (24,524.02), still below MA40 (24,598.36) and MA60 (24,633.48). The moving...
According to SMM statistics, as of May 21, aluminium billet inventory across major consumption regions in China totalled 205,500 tonnes, down 28,500 tonnes W-o-W (Thursday), with destocking accelerating. Warehouse withdrawals totalled 55,700 tonnes during May 12-18, an increase of 14,200 tonnes...
The May 19 session closed with L ondon Metal Exchange (LME) aluminium prices reporting surges on wide margins. Overcoming the modest gains in the previous close, the cash and contracts gained considerable momentum. The sharp rise was largely driven by tightening global supply signals, falling...
