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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On Wednesday, August 7, the three-month LME aluminum contract opened at US$2,297.50 per tonne and closed at US$2,273 per tonne, registering a decline of US$28 per tonne or 1.22 per cent. In the intervening period, the price reached a high of US$2,300 per tonne and a low of US$2,247.50 per tonne....
On Monday, July 22, the three-month LME aluminium contract opened at US$2,345 per tonne, reached a high of US$2,364.50 per tonne, a low of US$2,296 per tonne, and closed at US$2,314.50 per tonne, down US$35.50 per tonne or 1.51 per cent. The above downward graph of the LME aluminium benchmark price...
According to the Shanghai Metals Market survey, A00 aluminium ingot price initiated the week of July 22 with a downfall of RMB 60 per tonne to stand further below the RMB 19,500 per tonne level. Data shows the price has clocked at RMB 19,430 per tonne, marking the lowest in the past three months....
According to the Shanghai Metals Market survey, China’s social inventory of aluminium ingots increased by 8,000 tonnes week-on-week and 10,000 tonnes from July 15, reaching 797,000 tonnes on July 18, of which the amount for sale stood at 671,000. Following the restocking mid-week, the current...
The previous trading day, the three-month LME aluminum contract opened at US$2,405.50 per tonne, reached a high of US$2,430 per tonne, a low of US$2,380 per tonne, and eventually closed at US$2,385.50 per tonne, down US$20 per tonne. It is the ninth day and counting, but the LME aluminium benchmark...
The previous trading day, LME aluminium opened at US$2,461 per tonne, reached a high of US$2,462 per tonne and a low of US$2,403 per tonne, and closed at US$2,416 per tonne, down US$44 per tonne, a decrease of 1.79 per cent. As per the reports on Tuesday, aluminium prices dropped to their lowest...
On Thursday, July 11, the three-month LME aluminium contract opened at US$2,480 per tonne, with a high of US$2,508.50 per tonne, a low of US$2,474 per tonne, and closed at US$2,474.50 per tonne, down US$3.50 per tonne from the previous closing price. The LME aluminium benchmark price continued...
According to LME data released on July 10, 2024, the share of available aluminium stocks of Russian origin in London Metal Exchange (LME)-approved warehouses rose to 50 per cent in June from 42 per cent in May, while the share of Indian origin fell to 40 per cent from 50 per cent. The on-warrant...
According to the Shanghai Metals Market, domestic aluminium wire rod producers’ operating rate increased last week to meet backlogged orders. There were adequate inflows of State Grid orders through tenders in Qinghai, Jiangxi, Jiangsu, and Sichuan, leaving producers with ample orders on hand. The...
LME aluminium opened at US$2,517.5 per tonne in the previous trading day, hit a high of US$2,537 per tonne, a low of US$2,513 per tonne, and closed at US$2,516 per tonne, down US$1.5 per tonne from the previous day, a decrease of 0.06 per cent. On Tuesday, July 2, both LME aluminium cash bid price...
On Friday, June 28, LME aluminium cash bid price and LME aluminium official settlement price surged by US$27.50 per tonne and US$27 per tonne, respectively, marking the second consecutive day of rise. The LME graph shows the prices closed the week at US$2,485 per tonne and US$2,485.50 per tonne,...
The previous trading day, LME aluminium opened at US$2,500 per tonne, reached a high of US$2,513 per tonne, a low of US$2,491 per tonne, and closed at US$2,497 per tonne, down US$6 per tonne, a decrease of 0.24 per cent. On Tuesday, June 25, both LME aluminium cash bid price and LME aluminium...
On Thursday, June 20, three-month LME aluminium contract opened at US$2,493 per tonne, reached a high of US$2,525.50 per tonne and a low of US$2,491 per tonne, and closed at US$2,521 per tonne, up US$31.50 per tonne, an increase of 1.27 per cent. On the same day, LME aluminium cash bid price and...
On Tuesday, June 17, LME aluminium opened at US$2,508 per tonne, reached a high of US$2,520 per tonne, a low of US$2,470 per tonne, and closed at US$2,495.50 per tonne, down US$12 per tonne, a decrease of 0.48 per cent. On Tuesday, June 18, LME aluminium cash bid price and LME aluminium official...
According to the Shanghai Metals Market survey in early June, the accumulated inventory of alumina at aluminium smelters across China stood at 2.8815 million tonnes. The number of days of in-plant alumina stocks at Chinese aluminium smelters in early June was 12.78 days, considering that the...
According to the Shanghai Metals Market survey, aluminium billet inventories in China stood at 162,800 tonnes on Thursday, June 13, indicating a week-on-week decline of 3,600 tonnes. But on a year-on-year basis, the inventories rose 21,300 tonnes, standing at a high level for the same period in...
According to a Japanese integrated trading and investment business conglomerate, Marubeni Corporation, aluminium stocks at Japan’s three major ports stood steady in May 2024 compared to the previous month, but recorded a sharp fall from a year ago. Stocks increased in May following M-o-M downfall...
As we reach the midpoint of the year, it's time to evaluate the performance of aluminium in the current market landscape. This analysis delves into the recent trends and factors impacting aluminium prices, offering insights into what we can expect in the year's second half. Aluminium prices on the...
