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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According to Shanghai Metals Market, social inventories of primary aluminium have gained 13,000 tonnes week-on-week across eight major consumption areas in China, including SHFE warrants. Data shows the stocks this week, ending on Thursday, January 28, have come in at 682,000 tonnes compared to...
Three-month LME aluminium rose 1.28 per cent to close at US$ 2,020 per tonne on Monday, January 25, with open interest rising to 740,000 lots. Schumer, the leader of the Senate Majority Party, said that he would strive to launch a round of programs by mid-March at the latest, and the US$ 1.9...
Three-month LME aluminium fell 0.28 per cent to close at US$ 1,994.50 per tonne on Friday, January 22, with open interest rising to 738,000 lots. It is expected to trade between US$1,920-2,030 per tonne today. LME aluminium cash (bid) price and LME official settlement price decreased to US$ 1975.50...
According to Shanghai Metals Market, 6063 aluminium billet inventories gained 1,600 tonnes week-on-week, ending on Thursday, January 21, across the five major Chinese consumption areas. Data shows the inventories this week has come in at 84,300 tonnes versus 82,700 tonnes last Thursday, January 14....
According to Shanghai Metals Market, social inventories of primary aluminium have decreased by 15,000 tonnes week-on-week across eight major Chinese consumption areas, including SHFE warrants, after the past three consecutive weeks of rising. The stocks, as of Thursday, January 21, have come in at...
The LME complex rose across the board on Wednesday, with aluminium climbed 0.79 per cent. Benchmark aluminium price on the London Metal Exchange grew by 1.26 per cent to close at US$ 1976 per tonne on January 20. LME aluminium cash (bid) price and LME official settlement price increased to US$ 1976...
Three-month LME aluminium climbed 0.15 per tonne to close at US$ 1,973 per tonne on Tuesday, with open interest falling to 742,000 lots. The impact of LME aluminium inventory changes on prices should continue to be monitored. It is expected to trade between US$ 1,900-2,010 per tonne today. As of...
SMM aluminium ingot price trended lower, except Friday. The price declined by RMB 310 per tonne and RMB 350 per tonne to stand at RMB 15400 per tonne and RMB 15050 per tonne on Monday,11 January and Tuesday,12 January. The price further dropped to RMB 14720 per tonne on Thursday, down from RMB...
Shanghai Metals Market data showed aluminium billet inventories in China decreased by 3,000 tonnes this week, ending on Thursday, January 14. According to SMM data, aluminium billet stocks fell across five major Chinese consumption areas to stand at 82,700 tonnes, following a surge of 14,900 tonnes...
According to the latest data shared by Shanghai Metals Market, the social inventories of primary aluminium have continued to grow, although slower than the previous week. Data shows the inventories have gained 20,000 tonnes across eight major Chinese consumption areas, including SHFE warrants,...
Benchmark aluminium price on London Metal Exchange declined by 1.06 per cent on Monday, 11 January 2021, standing at US$ 2008 per tonne. The price was US$ 2029.5 per tonne on Friday January 8. As of Monday January 11, LME aluminium cash (bid) price stands at US$ 2008 per tonne, LME official...
According to recent data showed by Shanghai Metals Market, primary aluminium production in China increased 8 per cent year-on-year in December. Total output came in at 3.28 million tonnes last month. The daily average output stood at 105,800 tonnes in December, marking a growth of 300 tonnes...
According to the latest report from the US Geological Survey, US domestic primary aluminium production stood at 75,000 tonnes in October 2020. The average daily production was 2,430 tonnes, essentially unchanged from that in September 2020, 17% less than that in October 2019, and 10% less than that...
As updated by Shanghai Metals Market, social inventories of primary aluminium across eight consumption areas in China, including SHFE warrants, continued to rise by 51,000 tonnes from last week to stand at 664,000 tonnes as of Thursday, 07 January 2021. The increase was due to higher arrivals of...
According to the Shanghai Metals Market, 6063 aluminium billet inventories have gained 14,900 tonnes across China's five consumption areas on Thursday, January 7. Data shows the stocks have come in at 85,700 tonnes from 70,900 tonnes on November 31. Last Thursday, the inventories dropped by 1,500...
Benchmark aluminium price on London Metal Exchange inched up by 0.7 per cent to come in at US$ 2027.5 per tonne on Tuesday, 5 January 2021, from US$ 2013.5 per tonne on 4 January 2021. As of Tuesday January 5, LME aluminium cash (bid) price stands at US$ 2027.50per tonne, LME official settlement...
SMM aluminium ingot price trended lower this week. The price on Monday, 28 December declined by RMB 120 per tonne to stand at RMB 16190 per tonne. The price further dropped on Tuesday and Wednesday, ending the price at RMB 15870 per tonne and RMB 15770 per tonne. Aluminium ingot price ended lower...
According to the Shanghai Metals Market, social inventories of primary aluminium built up 27,000 tonnes on Thursday, December 31. The inventories thus, closed the year 2020 at 613,000 tonnes across eight major consumption areas, including SHFE warrants. Last week, on December 24, the inventories...
