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 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...
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According to Mysteel's price assessment, the national average spot price for metallurgical-grade alumina with purity above 98.6 per cent dipped by RMB 4 per tonne (USD 0.6 per tonne) on the day last Friday to stand at RMB 2,873 per tonne, including 13per cent VAT. Explore- Most accurate data to...
LME aluminium prices edged lower on November 7 across spot, 3-month and December contracts, while stocks and live warrants posted marginal increases day-on-day. The LME aluminium cash bid price slipped to USD 2,840 per tonne on November 7 from USD 2,861 per tonne on November 6 — a decline of 0.73...
Commodity trader Trafigura has delivered significant amounts of aluminium to London Metal Exchange (LME)-approved warehouses in Malaysia, reportedly to take advantage of a financial arrangement, according to sources familiar with the matter. Surge in the aluminium stocks Aluminium inventories in...
On Thursday, November 6, the London Metal Exchange (LME) aluminium price rose after a sharp decline the previous close. However, the LME aluminium 3-month Asian Reference Price continued to show a declining trend. Both the LME cash bid and offer contracts rose by USD 23 per tonne or 0.81 per cent,...
Last week, according to Mysteel's assessment, the benchmark 5,500 kcal per kg NAR thermal coal dipped from RMB 768 per tonne (USD 107.9 per tonne) on Monday to RMB 766 per tonne on Tuesday. After staying at this level in the following two days, it rebounded to RMB 769 per tonne on Friday. Explore-...
The start of the week reflected an enhanced London Metal Exchange (LME) aluminium price, but the following represented a dip in the LME, where cash, 3-month contract and forward contract dipped significantly. Both the LME cash bid and offer fell by USD 14.5 per tonne or 0.5 per cent, down from USD...
Aluminium prices on the London Metal Exchange (LME) moved lower on November 4, marking a modest decline across cash, three-month, and forward contracts. The cash bid price fell 1.71 per cent to USD 2,852.50 per tonne, while the cash offer eased 1.72 per cent to USD 2,853 per tonne, compared with...
China's alumina prices in the spot market continued to fall last week, though at a slower pace, as overall supply remained abundant despite minor production disruptions in North China. Image for referential purposes only Explore- Most accurate data to drive business decisions with 50+ reports...
The start of the week reflected an enhanced London Metal Exchange (LME) aluminium price, where cash, 3-month contract, and forward contract also rose significantly. However, a slight decline has been seen in the opening stock & cancelled warrants. LME cash bid grew by USD 17.5 per tonne or 0.60 per...
London Metal Exchange (LME) aluminium prices strengthened on October 31, supported by higher market activity and a sharp rise in exchange inventories. The LME aluminium cash bid rose 2.11 per cent to USD 2,884.5 per tonne, while the cash offer gained 2.09 per cent to USD 2,885 per tonne, compared...
Driven by the September peak season, primary alloy saw active production scheduling, sustained domestic demand recovery, and significant inventory drawdowns, though enterprises remained cautious about capacity expansion. Secondary alloy benefited from resilient downstream automotive demand, with...
Global energy and commodity group Mercuria is shipping over 30,000 tonnes of aluminium from Port Klang in Malaysia to New Orleans, three market sources have revealed. They added that the trader probably needed the metal for its US customers. Explore- Most accurate data to drive business decisions...
India's imported aluminium scrap prices inched up w-o-w, though London Metal Exchange (LME) benchmarks witnessed positive movements. BigMint assessed UAE-origin Tense scrap at USD 1,945 per tonne, up by USD 10 per tonne w-o-w, while UK-origin Taint Tabor C/S (9-10 per cent) stood at USD 2,250 per...
After a good gain on Wednesday, October 29, the London Metal Exchange (LME) aluminium price slipped drastically on Thursday, October 30. On Thursday, the LME cash bid fell by USD 66 per tonne or 2.3 per cent to reach USD 2,825 per tonne, down from USD 2,891 per tonne. Similarly, the LME cash offer...
On Oct 28, Mysteel daily assessments for Shanxi spot alumina were RMB 2,830-2,880 per tonne, EXW and including VAT, down RMB10 per tonne from a week ago, and assessments for Guangxi spot cargo were RMB 2,990-3,040 per tonne, down RMB 50 per tonne on week. SHFE most-traded contract closed at RMB...
SHFE aluminium bottomed out in the morning session. In the first trading period, SHFE aluminium fluctuated downward, falling from around RMB 20,250 per tonne to about RMB 20,200 per tonne. In the second trading period, it rebounded to around RMB 20,280 per tonne. In East China, the absolute high...
On October 29, LME aluminium prices strengthened, reflecting steady demand and market optimism. The cash bid price rose to USD 2,891 per tonne, up 1.14 per cent from USD 2,858.5 per tonne on October 28, while the cash offer increased by a similar margin to USD 2,891.5 per tonne from USD 2,859 per...
The London Metal Exchange (LME) aluminium price witnessed a sharp decline on Tuesday, October 28. However, the live warrants and the price of aluminium platts remained unchanged from the previous close. As of Tuesday, October 28, both the LME cash bid and offer price declined by USD 20 per tonne or...
