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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From the end of 2024 to the beginning of 2025, alumina production was highly profitable, with the operating capacity of alumina remaining high. However, alumina refineries had low inventory levels of bauxite raw materials and actively purchased bauxite. Affected by this, bauxite prices surged...
![Tariff disruptions continue to overlap with domestic aluminium ingot inventory buildup, putting short-term pressure on aluminium prices and causing fluctuations [SMM Aluminum Morning Meeting Summary]](https://assets.alcircle.com/dynamic/prod/news/20260831133231211_3383502d2_md.webp)
[SMM Aluminum Morning Meeting Summary: Tariff Disruptions Continue to Overlay Domestic Aluminum Ingot Inventory Buildup, Aluminum Prices Under Short-Term Pressure and in the Doldrums] On the macro side, the domestic favourable atmosphere remains unchanged, while the impact of overseas tariffs...
Primary aluminium inventories registered with the London Metal Exchange (LME) continued to rise in June, reaching 338,000 tonnes, up from 321,850 tonnes in May and 250,875 tonnes in April. This steady increase in stock levels was largely driven by a significant surge in Indian-origin aluminium...
Aluminium ADC12 alloyed ingot prices remained stable m-o-m in June 2025 across both northern and southern India, according to BigMint's benchmark assessments. Steady pricing was supported by ongoing shortages of raw materials used in alloy ingot production. BigMint's monthly assessment for the OEM...
Futures Market: Last night, the most-traded SHFE aluminium 2508 contract opened at RMB 20,510 per tonne, with a high of RMB 20,560 per tonne, a low of RMB 20,495 per tonne and closed at RMB 20,540 per tonne. Trading volume was 32,000 lots and open interest was 255,000 lots. Last night, LME...
Aluminium prices fell by 0.56 per cent and are settled at INR 249.15 (USD 2.99) per kg, where the fall is witnessed due to the weak manufacturing demand, irrespective of immense support from the supplies. As per the latest manufacturing Purchasing Manufacturing Index (PMI) by China's National...
In terms of domestic bauxite supply, according to SMM's calculations, China's bauxite production in June 2025 (30 days) decreased by 3.2 per cent MoM and increased by 4.1 per cent YoY. Regarding inventory, according to SMM data, in June 2025, the total inventory of bauxite raw materials at domestic...
The aluminium processing industry experienced a marked downturn in June 2025, with the composite Purchasing Managers’ Index (PMI) dropping to 40.1 per cent. This decline of 9.7 percentage points from May and 1.5 per cent year-on-year firmly placed the index in contraction territory below the...
![Electrolytic aluminium ingot as of June 30, 2025: Inventory buildup occurred as expected at month-end [SMM data]](https://assets.alcircle.com/dynamic/prod/news/20260831133246603_b5989f6a1_md.webp)
According to SMM statistics, as of June 30, the inventory of aluminium ingots at major domestic consumption hubs stood at 468,000 metric tonnes, an increase of 5,000 metric tonnes from Thursday last week and 4,000 metric tonnes from Monday last week. Due to the overall increase in domestic...
This week, the downstream aluminium processing sector remained deeply entrenched in off-season sentiment, with the weekly operating rate down 1 percentage point WoW to 58.8 per cent. Segment breakdown: Persistently high aluminium prices continued to suppress consumption, with weak end-use demand...
Some Japanese aluminium buyers have settled third-quarter premiums at USD 108 per tonne, down sharply from USD 182 per tonne in the second quarter, in a deal that reflects muted domestic demand, rising port inventories, and broader market oversupply, according to sources directly involved in the...
Futures Market: Last night, the most-traded SHFE aluminium 2508 contract opened at RMB 20,340 per tonne, with a high of RMB 20,380 per tonne, a low of RMB 20,325 per tonne, and closed at RMB 20,345 per tonne. Trading volume was 42,000 lots, and open interest was 253,000 lots. Last night, LME...
On the macro front, the ceasefire between Israel and Iran has alleviated geopolitical risks, reducing the demand for capital flight, which is short-term bearish for aluminium prices. US Fed Chair Powell's neutral stance, coupled with potential expectations for US Fed interest rate cuts and pressure...
There was a time when LME aluminium inventory (opening stock) was at 1.47 million tonnes. Only four years ago in July 2021, Live Warrants were at 8,97,275 tonnes and Cancelled Warrants at 5,68,500 tonnes. Fast-forward four years, LME aluminium opening stock came in at 340,975 tonnes, marking a...
Futures Market: On Friday, the most-traded SHFE aluminium 2508 contract opened at RMB 20,425 per tonne, with a high of RMB 20,465 per tonne, a low of RMB 20,400 per tonne, and closed at RMB 20,425 per tonne. Trading volume was 56,000 lots and open interest was 248,000 lots. On Friday, LME aluminium...
Today, SHFE aluminium prices moved higher in the morning session due to low aluminium ingot inventory and continued destocking. However, against the backdrop of the off-season, actual demand remained weak, and the futures market pulled back. In today's spot market, due to weekend stockpiling...
Futures Market: On the previous trading day's night session, the most-traded SHFE aluminium 2507 contract opened at RMB 20,650 per tonne, with a high of RMB 20,650 per tonne, a low of RMB 20,590 per tonne, and closed at RMB 20,645 per tonne, down RMB 35 per tonne or 0.17 per cent from the previous...
A confluence of factors like increased retail sales in China, muted inventories, and surge in bauxite prices has propelled the LME aluminium benchmark price to USD 2,530 per tonne, marking a new high since the beginning of the second quarter of 2025. Image source: London Metal Exchange Retail sales...
