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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Shanghai Metals Market data found a further rise in China’s 6063 aluminium billet inventories, although slower than the previous week, across the five major consumption areas, including SHFE warrants. Data shows the inventories have grown by 7,000 tonnes over the week, ending on Thursday, March 4,...
According to the Shanghai Metals Market, social inventories of primary aluminium have built-up 91,000 tonnes over the week, ending on Thursday, March 4, 2021. Data shows the stocks across eight major Chinese consumption areas, including SHFE warrants, have come in at 91,000 tonnes, as of March 4,...
The LME aluminium benchmark price edged 1 per cent higher on Tuesday, March 2, to close at US$ 2176 per tonne. On Wednesday, the LME complex performed similarly, with aluminium increased 4.46 per cent. LME aluminium cash (bid) price and LME official settlement price gained US$ 21.50 per tonne to...
Social inventories of primary aluminium in China have continued to grow this week, ending on Thursday, February 25, according to the Shanghai Metals Market. Data shows inventories have expanded across eight major Chinese consumption areas, including SHFE warrants, to come in at 1.082 million...
On Monday, February 22, social inventories of primary aluminium expanded by 121,000 tonnes across eight major consumption areas in China, including SHFE warrants, found the Shanghai Metals Market. SMM data showed inventories stood at 1.022 million tonnes on February 22 compared to 901,000 tonnes on...
Three-month LME aluminium gained 1.83 per cent to settle at US$ 2,175 per tonne on Monday, with open interest adding 4,910 lots to 694,000 lots. LME aluminium cash (bid) price and LME official settlement price grew by US$ 18.50 per tonne on Monday, February 22 to reach at US$ 2153.50 per tonne,...
According to the Shanghai Metals Market, social inventories of primary aluminium have expanded by 126,000 tonnes during the Chinese New Year Holiday ended on February 17, 2021. SMM data shows that as of Thursday, February 18, the inventories are standing at 901,000 tonnes across the eight major...
According to Shanghai Metals Market, stocks of aluminium billet across five major consumption areas in China increased by 48,700 tonnes on higher cargoes arrivals. The stocks stood at 214,200 tonnes as of Thursday, February 18. The chart below indicates the current status of aluminium billet...
According to the Shanghai Metals Market, primary aluminium ingot inventories in China have continued to build-up this week, on Wednesday, February 10. Data shows the stocks have significantly gained 61,000 tonnes across eight major consumption areas in China, including SHFE warrants, to come in at...
According to Shanghai Metals Market, stocks of aluminium billet across five major consumption areas in China increased by 37,400 tonnes on lower shipments due to the Chinese New Year holiday. The stocks came in at 165,500 tonnes as of Wednesday February 10. Aluminium billet shipments stood at...
Rusal recently announced its fourth-quarter and full-year operating results of 2020, revealing that its aluminium production in Q4 stood at 950,000 tonnes, bringing the total full-year output to 3.755 million tonnes. The production in Q4 saw an increase of 1.2 per cent from 939,000 tonnes in Q3,...
Shanghai Metals Market data showed 6063 aluminium billet inventories increased by 27,400 tonnes this week, ending on Thursday, February 4, across five major consumption areas, including SHFE warrants. The stocks thus came in at 128,200 tonnes compared to 100,700 tonnes last week, mainly...
According to Shanghai Metals Market, social inventories of primary aluminium have built-up 32,000 tonnes week-on-week across eight major consumption areas in China, including SHFE warrants. Data shows the inventories are standing at 714,000 tonnes as of February 4, the highest since October 15,...
The United States domestic primary aluminium production stood at 74,000 tonnes in November 2020, registering a drop of 1,000 tonnes or 1.33 per cent from 75,000 tonnes in October, found the US Geological Survey. The average daily production in the same month was 2,450 tonnes, slightly less than in...
Three-month LME aluminium ended 0.23 per cent lower at US$ 1,977 per tonne last Friday, January 29, with open interest increasing 1,937 lots to 741,000 lots, and is likely to trade between US$ 1,990-2,050 per tonne today. LME aluminium cash (bid) price and LME official settlement price climbed by...
Three-month LME aluminium rose 1.28 per cent to close at US$ 2020 per tonne on Monday, January 25. On Tuesday, January 26, it further climbed to US$ 2023 per tonne, but lost 1.75 per cent to close at US$ 1987.50 per tonne on Wednesday, January 27. On Thursday, three-month LME aluminium dipped 0.3...
Three-month LME aluminium dipped 0.3% to settle at US$1,981.5 per tonne on Thursday, 28 January 2021. SMM expects the contract to trade between US$1,980-2,000 per tonne today. As of Thursday January 28, LME aluminium cash (bid) price stands at US$ 1979 per tonne, LME official settlement price...
According to Shanghai Metals Market, stocks of aluminium billet across five major consumption areas in China climbed by 16,400 tonnes on lower shipments. The inventories stood at 100,700 tonnes as of Thursday, 28 January 2021. Aluminium billet shipments reduced to 36,100 tonnes this week on lower...
