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...
Macro perspective: Fed Chairman Warsh delivered a hawkish speech at the Jackson Hole symposium, lifting market expectations for a September rate hike to around 60 per cent, while the US dollar consolidated amid fluctuations, unsettling the nonferrous metals sector. The Fed's latest Beige Book...
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Aluminium prices on the London Metal Exchange (LME) continued their improving trend on July 9. Cash and near-term contracts reported gains of almost 1 per cent, while stocks continued to slide, indicating depletion in the inventory amid tight market conditions. On July 9, the LME aluminium cash bid...
Today, the SHFE aluminium 2608 contract opened at RMB 23,075 per tonne, reached a high of RMB 23,095 per tonne, dipped to a low of RMB 22,850 per tonne, and finally settled at RMB 23,060 per tonne, down RMB 10 per tonne or 0.04 per cent from the previous trading day. Trading volume was 165,200 lots...
US President Donald Trump has reiterated his administration's commitment to expanding domestic manufacturing, warning that companies producing goods outside the US could face tariffs of up to 200 per cent, depending on the product category. Post the NATO summit held in Ankara, Trump said his trade...
Futures: On the night session of July 8, the most-traded SHFE aluminium contract opened at RMB 23,075 per tonne, reached a high of RMB 23,080 per tonne and a low of RMB 22,965 per tonne, and finally closed at RMB 23,020 per tonne, down 0.24 per cent from the previous close. During this period,...
In the morning session, the trading centre of the SHFE aluminium 2606 contract was higher than the same period of the previous trading day. Market selling sentiment strengthened from the previous day, as some downstream players, expecting a near-term rise in aluminium prices, saw buying sentiment...
June marked a tale of two markets for aluminium, where a macro-driven selloff clashing with resilient fundamentals. While SHFE aluminium prices tumbled to yearly lows, pressured by expectations of US rate hikes and the evaporation of Middle Eastern risk premiums, the underlying supply-demand...
Futures: The most-traded SHFE aluminium contract opened at RMB 22,940 per tonne in the night session on July 7, with a high of RMB 23,130 per tonne, a low of RMB 22,940 per tonne, and closed at RMB 23,055 per tonne, up 0.50 per cent from the previous close. During this period, prices rebounded from...
Survey data on operating rates of secondary aluminium alloy enterprises by region and scale in June 2026: According to an SMM survey, the operating rate of the secondary aluminium industry in June 2026 fell 0.9 percentage points M-o-M from May to 33.3 per cent, a decline of 7.6 percentage points...
The London Metal Exchange (LME) aluminium price chart showed improvement on the July 7 session. Gains were posted across all the pricing segments, barring the opening stocks and cancelled warrants, which continued to edge lower. On July 7, the cash bid reached USD 3,118 per tonne, up 0.44 per cent...
According to Kenanga Research, aluminium supplier AMS Bhd is an underappreciated beneficiary of the global wafer fabrication equipment (WFE) upcycle. Growing investment in artificial intelligence (AI) infrastructure and semiconductor manufacturing is expected to create fresh growth opportunities...
The SHFE aluminium 2608 contract opened at RMB 22,850 per tonne, reached a high of RMB 23,080 per tonne, dipped to a low of RMB 22,785 per tonne, and closed at RMB 22,940 per tonne, up RMB 105 per tonne or 0.46 per cent from the previous trading day. Trading volume was 146,200 lots and open...
Xiaomi has introduced what it describes as China's first mass-produced structural aluminium alloy made entirely from recycled aluminium for electric vehicles (EVs), marking another step towards lower-carbon manufacturing. The new material, called Titan Alloy 2.0 , has entered series production and...
Futures: The most-traded SHFE aluminium contract opened at RMB 22,850 per tonne in the night session on July 6, reached a highest price of RMB 22,950 per tonne, a lowest price of RMB 22,790 per tonne, and finally closed at RMB 22,900 per tonne, up 0.07 per cent from the previous close. During this...
The SHFE aluminium 2606 contract traded with its centre higher than the previous trading day’s corresponding level in the morning session. Pressured by rising aluminium prices, selling sentiment improved from the previous day, but buying sentiment was relatively soft, as some downstream players had...
The most-traded SHFE aluminium contract opened at RMB 22,685 per tonne in the night session on July 3, with a high of RMB 22,830 per tonne, a low of RMB 22,685 per tonne, and closed at RMB 22,795 per tonne, down 0.20 per cent from the previous settlement. This session saw a rebound from lows,...
In early June, according to public information, the Kazakh Prime Minister met with the Vice Chairman of Xinfa Group. Xinfa expected that, based on its entire industry chain industrial park construction plan, the project will create a highly integrated production system, achieving full chain...
According to SMM statistics, on July 2, aluminium billet inventory in major domestic consumption areas fell to 130,000 tonnes, down 4,000 tonnes from last Monday and 10,000 tonnes from last Thursday, with the pace of destocking visibly accelerating. On a year-over-year basis, it was down 23,500...
Aluminium prices are likely to bottom or find a floor over the coming month before staging a recovery in the second half (H2) of 2026, according to a fresh market outlook from the global bank, Citigroup or Citi. Between September and December, aluminium is expected to trade in the range of USD...
