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...
Grow with
AL Circle
Three-month LME aluminium opened at US$2,283 per tonne and settled at US$2,280 per tonne, down 0.07 per cent. On Thursday, March 16, the LME aluminium cash bid price saw a further drop of US$8 per tonne or 0.36 per cent to stand at US$2,237 per tonne, and the LME aluminium official settlement price...
According to the Shanghai Metals Market survey, the average operating rates of China's domestic aluminium plate/sheet and strip producers stood month-on-month higher by 0.62 percentage point at 63.15 per cent during February 2023. But on a year-on-year basis, the operating rates edged a significant...
LME aluminium opened at US$2,349 per tonne on Wednesday and sank to US$2,261 per tonne before closing at US$2,281 per tonne, down 3 per cent. On March 15, Wednesday, the LME aluminium cash bid price dropped by US$26 per tonne or 1.14 per cent to clock at US$2,245 per tonne, and the LME aluminium...
LME aluminium opened at US$2310 per tonne on Monday and fell to US$2,275 per tonne before closing at US$2,320 per tonne, up 0.59 per cent. On March 13, Monday, the LME aluminium cash bid price slumped by US$12.50 per tonne or 0.56 per cent to clock at US$2,235.50 per tonne, and the LME aluminium...
According to the Shanghai Metals Market, China's primary aluminium inventories dipped by 2,000 tonnes on a weekly basis across eight major consumption areas, including SHFE warrants. On Thursday, March 9, the inventories came in at 1,267,000 tonnes, which in comparison with the first Monday of this...
LME aluminium fell sharply after opening at US$2,351 per tonne on Wednesday but then rallied and closed at US$2,362 per tonne, up US$12.5 per tonne or 0.53 per cent. On Wednesday, March 8, both LME aluminium cash bid price and LME aluminium official settlement price slumped by US$24 per tonne or...
LME aluminium opened at US$2,385 per tonne on Tuesday and closed at US$2,347 per tonne, down US$35 per tonne or 1.47 per cent. On March 7, Tuesday, the LME aluminium cash bid price dropped down by US$9 per tonne or 0.39 per cent to stop at US$2,312 per tonne, and the LME aluminium official...
LME aluminium opened at US$2,398 per tonne last Friday and closed at US$2,393.5 per tonne, down US$6 per tonne or 0.25 per cent. On March 3, Friday, the LME aluminium cash bid price stooped down by US$4.50 per tonne or 0.19 per cent to close at US$2,361 per tonne and the LME aluminium official...
According to the Shanghai Metals Market, social inventories of primary aluminium totalled 1.269 million tonnes across eight major consumption areas in China, including SHFE warrants, as of Thursday, March 2, 2023. Compared to a week ago, February 23, the inventories have accumulated 21,000 tonnes...
The aluminium billet inventory decreased for four weeks in a row due to downstream processing companies receiving more orders during the customary peak season and operating at a higher capacity. As per the data, on Thursday, March 2, the inventories in China recorded a W-o-W plunge of 156,200...
According to the Shanghai Metals Market survey, China’s social inventories of primary aluminium across eight major consumption areas, including SHFE warrants, totalled 1.268 million tonnes on Monday, February 27. Over the weekend, the inventories increased by 20,000 tonnes from 1.248 million...
According to the Shanghai Metals Market, China's domestic A00 aluminium ingot price has suffered a loss of RMB 140 per tonne on Friday, February 24, after displaying restraint for the past two consecutive days. SMM data shows the price has come in at RMB 18,480 per tonne, standing W-o-W high by RMB...
On Thursday, the aluminium billets inventories in China plunged by 21,300 tonnes W-o-W to halt at 181,000 tonnes. This week, the stockpile of aluminium billets accelerated the decline. Each of the four major markets saw a decrease in inventory due to massive cargo outflows from warehouses, with...
According to the Shanghai Metals Market survey, social inventories of primary aluminium have grown by 15,000 tonnes over a week ending Thursday, February 23. On a week-on-week basis, the stocks have increased by 32,000 tonnes across eight major consumption areas, including SHFE warrants, to amount...
On Thursday, February 16, China’s aluminium billet inventory slumped by 12,100 tonnes from 214,400 tonnes recorded the previous week. The inventory as of today settled at 202,300 tonnes. After earlier halting the increasing trend, there were two weeks of fall. Each of the five major markets saw a...
According to the Shanghai Metals Market data, China’s social inventories of primary aluminium have extended W-o-W growth but at a slower rate than the previous week. SMM data shows the inventories have amounted to 1.22 million tonnes across eight major consumption areas, including SHFE warrants,...
Shanghai Metals Market survey found the average operating rate in the aluminium wire and cable sector dropped 5.9 percentage points month-on-month and 0.6 percentage point year-on-year to 34.4 per cent in January 2023. The average operating rate of large producers lost 9.2 percentage points M-o-M...
LME aluminium opened at $2,459.5 per tonne on Monday and closed at $2,421.5 per tonne, a decrease of $26.5 per tonne or 1.08 per cent. On Monday, February 13, aluminium prices reached five-week lows as rising stockpiles in LME-approved warehouses dampened investor mood. As per the data, both LME...
