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...
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...
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As the traditional peak season has set in, China’s domestic aluminium industry is making buzz with downstream processing enterprises rebounds. The purchasing sentiment is high, leading to a fall in aluminium ingot inventories at the end of March 2024, which is line with previous expectation. On...
A week ago, as of March 18, China’s domestic social inventories of aluminium ingot stood at 847,000 tonnes, of which the amount for sale was 721,000 tonnes, found the Shanghai Metals Market survey. Over the weekend, inventories grew by 4,000 tonnes and stood 356,000 tonnes higher than the...
According to China customs data, China’s domestic primary aluminium imports during the first two months of 2024 amounted to 472,000 tonnes, encountering a year-on-year surge of 214.7 per cent. The primary import sources were Russia, India, Indonesia, China, Malaysia, the United Arab Emirates, and...
The domestic China petcoke market remains relatively stable, with the usual price dips and peaks within a channel. One of the reasons why the price won't rise to previous highs is down to the enormous volumes of coke being held at port. According to the team, China currently holds as much as 4...
In March 2024, data from the London Metal Exchange (LME) indicated that Russian aluminium stocks in registered warehouses rose to 53 per cent of the total, reaching 220,575 tonnes, up from 41 per cent in January 2024. This indicates consumers may have evaded Russian metal across various sectors...
At the end of last week on March 7, China's domestic aluminium ingots and aluminium billets inventory showed a downtrend with the arrival of the traditional peak season. According to SMM, aluminium ingots inventory in China's eight major consumption areas stood at 821,000 tonnes, up 3,000 tonnes...
LME aluminum opened at US$$2,250 per tonne on Tuesday, March 12, with high and low at US$2,270 per tonne and US$2,242.50 per tonne, respectively, before closing at US$2,263 per tonne, up US$11 per tonne or 0.49 per cent. On Tuesday, March 12, LME aluminium cash bid price and LME aluminium official...
LME aluminum opened at US$2,235 per tonne on Monday, March 4, with high and low at US$2,242 per tonne and US$2,216.50 per tonne, respectively, before closing at US$2,238 per tonne, down 0.31 per cent. The LME aluminium cash bid price and LME aluminium official settlement price dipped by US$1 per...
LME aluminum opened at US$2,203.50 per tonne on Wednesday, February 28, with its high and low at US$2,203.50 per tonne and US$2,177 per tonne, respectively, before closing at US$2,191 per tonne, down 0.41 per cent. LME aluminium cash bid price shed off US$15.50 per tonne or 0.72 per cent to stand...
On Monday, February 26, LME aluminium opened at US$2,182 per tonne, with its high and low at US$2,195 per tonne and US$2,175 per tonne, respectively, before closing at US$2,182 per tonne, down 0.09 per cent. According to the LME data, LME aluminium cash bid price and LME aluminium official...
Base metals prices on the London Metal Exchange (LME) generally trended positively for the week ending on February 23, except aluminium, which saw a decline of 1.7 per cent due to increasing stocks. Aluminium stocks at LME warehouses notably rose by over 8 per cent to 580,275 tonnes from 534,925...
LME aluminium opened at US$2,195.50 per tonne on Tuesday, with its low and high at US$2,180 per tonne and US$2,236 per tonne respectively before closing at US$2,223.50 per tonne, up 1.21 per cent. The London Metal Exchange market on February 20 showed down pouring traits, wherein the LME aluminium...
LME aluminium opened at US$2,220 per tonne last Friday, with its high and low at US$2,238 per tonne and US$2,214 per tonne, respectively, before closing at US$2,217.35 per tonne, down by US$6.50 per tonne or 0.29 per cent. On Friday, February 16, LME aluminium cash bid price and LME aluminium...
According to data from the London Metal Exchange (LME) released on February 12, 2024, the proportion of aluminium stocks originating from Russia in warehouses approved by the LME remained consistent at 90 per cent throughout January. Despite some restrictions, the London Metal Exchange (LME)...
LME aluminium opened at US$2,230.50 per tonne on Wednesday, with its high and low at US$2,234 per tonne and $2,214.50 per tonne, respectively, before closing at US$2,221.50 per tonne, down 0.34 per cent. On Wednesday, February 7, LME aluminium cash bid price and LME aluminium official settlement...
According to the Shanghai Metals Market survey, China’s domestic primary aluminium production welcomed the year in January 2024 (31 days) with a month-on-month restraint at 3.562 million tonnes, with the average daily output at 114,900 tonnes, the same as the previous month. On a year-on-year...
According to the US Census Bureau data, the United States' domestic primary aluminium production showed no change in November 2023 from the previous month, remaining at 61,000 tonnes. However, on a year-on-year basis, the output experienced a 1,000 tonnes fall from 62,000 tonnes. Detailed...
LME aluminium opened at US$2,239 per tonne last Friday, with high and low at US$2,245 per tonne and US$2,206 per tonne, respectively, before closing at US$2,215.5 per tonne, a drop of US$19.5 per tonne or 0.87 per cent. The London Metal Exchange price chart, on January 12, registered a downward...
