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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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...
Futures: Yesterday, SHFE aluminium closed at RMB 24,235 per tonne, up 0.75 per cent hitting a new recent high of 24,290 during the session. The price is well above all key moving averages (MA5=24,080, MA10=23,925, MA30=23,820, MA60=23,572), with the moving average system in a bullish divergence and...
The London Metal Exchange (LME) aluminium price faltered across the pricing and contract segments on the September 2 close. The trend reflected a contrast of the surge reported in the September 1 session . The LME aluminium cash bid pulled back by 0.18 per cent day-on-day on September 2, down to...
The most-traded SHFE aluminium 2610 contract closed at RMB 24,100 per tonne today, up RMB 30 on the day, a gain of 0.12 per cent. Trading volume was 163,674 lots, open interest stood at 242,331 lots, with a daily decrease of 6,267 lots, as both bulls and bears reduced positions to lock in profits...
The London Metal Exchange (LME) aluminium market recorded higher prices across its cash and futures contracts on September 1 compared with the August 28 session, while opening stocks remained largely stable. The LME aluminium cash bid increased 1.21 per cent from USD 3,221.5 per tonne on August 28...
Futures: The daytime session closed at RMB 24,075 per tonne yesterday, edging up 0.02 per cent, with intraday fluctuations between 23,980 and 24,110. Prices remained above all key moving averages (MA5=24,000, MA10=23,558.5, MA30=23,789.83, MA60=23,569.67), with the moving average system maintaining...
South Korea’s Russian aluminium imports reached a record high in 2025, making Russia the country’s largest aluminium supplier for the first time. The sharp increase has strengthened Korea’s dependence on Russian metal even as the US and Europe tighten sanctions against Moscow. The exposure is...
Aluminium prices settled 0.35 per cent higher at INR 345.6 (USD 3.64), backed by declining exchange inventories, expectations of additional fiscal measures in China and concerns over constrained supply from the Middle East. However, improving production prospects in the region limited further...
In August, China's aluminium processing industry composite PMI recorded 48.7 per cent, up slightly from July but still below the 50 mark, with the industry overall showing "weak recovery" characteristics and significant divergence across segments. Aluminium wire and cable was the strongest...
The London Metal Exchange (LME) aluminium price chart recovered on the August 28 trading session across the pricing and contract segments compared to the August 27 close. On the inventory side, opening stocks and live warrants remained stable for three consecutive sessions. The LME aluminium cash...
Saudi Arabian Mining Co. (Maaden) has secured USD 1 billion in inaugural international syndicated credit facilities, with strong demand from global lenders highlighting confidence in the company's expansion strategy and Saudi Arabia's broader mining ambitions. Maaden has secured USD 1 billion in...
If aluminium has a pressure point right now, it sits one step upstream of the metal itself - in alumina. China’s appetite for imported ore remains elevated, alumina markets diverge between regions, and disruptions in Guinea and Australia expose logistics risks. At the same time, tariffs and...
Macro perspective The US-Iran situation saw a temporary easing, with market expectations for restored strait navigation rising. International oil prices pulled back for three consecutive days, and the geopolitical risk premium continued to fade. However, the outlook for US-Iran negotiations remains...
The US urgently needs more aluminium for its defence sector, but new smelters will take years to come online, while disruptions to high-purity aluminium imports have exposed a more immediate supply vulnerability. The United States is facing a growing aluminium supply challenge that is becoming...
Century Aluminum shares rose 4.4 per cent to USD 45.89 on August 27, extending a strong 2026 rally, but GuruFocus' GF Value model puts the stock's estimated intrinsic value at just USD 23.25. Century Aluminum Co's stock is moving in two very different directions depending on which metric you look...
Vedanta Aluminium shares gained 3.32 per cent after Vedanta Resources denied speculation that it planned to sell its stake in the aluminium business, while brokerages maintained bullish views on the stock. Vedanta Aluminium came into focus after its parent, Vedanta Resources, dismissed reports and...
Futures: The most-traded SHFE aluminium 2610 contract closed at RMB 23,960 per tonne, up RMB 125 from yesterday’s settlement price, a gain of 0.52 per cent. It opened at RMB 23,850 per tonne and fluctuated within the range of RMB 23,840–23,965 per tonne. Prices traded above the MA5 (23,812.00),...
The London Metal Exchange (LME) aluminium price chart declined on the August 27 trading session across the pricing and contract segments compared to the August 26 close . Meanwhile, the Asian Reference Price surged, and the inventories held steady. The LME aluminium cash bid and offer prices...
