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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The dollar pulled back from a two-month high against a basket of currencies on Monday, September 28, as equities rallied after four straight weeks of declines ahead of a slew of economic data and political developments in the United States. Three-month LME aluminium settled 1.28 per cent firmer at...
Three-month LME aluminium strengthened 0.83% to close at US$1,762 per tonne on Friday. The contract is likely to move between US$1,750-1,780 per tonne today. As of Friday September 25, LME aluminium cash (bid) price stands at US$ 1708.50per tonne, LME official settlement price stands at US$...
As updated by Shanghai Metals Market, social inventories of primary aluminium across eight consumption areas in China, including SHFE warrants, declined moderately this week. Inventories stood 716,000 tonnes as of Thursday, 24 September 2020, down 24,000 tonnes from a week ago. The chart below...
According to the Shanghai Metals Market, China's aluminium billet inventories have continued to increase this week ending on Thursday, September 24, marking the fourth consecutive week of rise. The inventories are now standing at 71,500 tonnes after gaining 3,900 tonnes over the week across five...
Three-month LME aluminium trended lower on Wednesday, September 23. It closed 1.38% weaker at US$1,754.5 per tonne. As of Wednesday September 23, LME aluminium cash (bid) price stands at US$ 1718.50per tonne, LME official settlement price stands at US$ 1718.50per tonne; 3-months bid price stands at...
As of Friday, September 18, three-month LME aluminium increased 0.81 per cent to close at US$ 1,795.5 per tonne in choppy trading and is likely to fluctuate range-bound in the short term. LME aluminium cash (bid) price and LME official settlement price stood at US$ 1745 per tonne on September 18,...
SMM aluminium ingot price witnessed an upward movement over the week, except Monday and Thursday. The price stood lower at RMB 14580 per tonne on Monday, September 14. But the price increased by RMB 30 per tonne and RMB 70 per tonne to stand at RMB 14610 per tonne and RMB 14680 per tonne on Tuesday...
Three-month LME aluminium trended down this week during September 14-18 from US$ 1802 per tonne to US$ 1,781 per tonne. Starting the week with a hike of 1.52 per cent to US$ 1,802 per tonne, three-month LME aluminium on Tuesday, September 15, fell 0.47 per cent to settle at US$1,793.5 per tonne. On...
The week-on-week decline in primary aluminium ingots inventories by 24,000 tonnes on Thursday, September 17, has led to a sharp growth in A00 aluminium ingot price on Friday, September 18, found the Shanghai Metals Market. Following a downfall from RMB 14,680 per tonne to RMB 14,590 per tonne on...
According to Shanghai Metals Market, stocks of 6063 aluminium billet across five major consumption areas in China increased 4,000 tonnes from last week. Higher arrivals at warehouses accounted for the increase in aluminium billet stocks. Aluminium billet inventories came in at 67,600 tonne as of...
According to the Shanghai Metals Market, social inventories of primary aluminium ingots in China have shrunk by 24,000 tonnes this week ending on Thursday, September 17. The inventories have dwindled across eight major consumption areas in China, including SHFE warrants, to stand at 740,000 tonnes,...
On the London Metal Exchange, nonferrous metals finished in negative territory on Thursday, September 11, with aluminium slipped by 0.31 per cent. LME aluminium cash (bid) price and LME official settlement price stood at US$ 1743.50 per tonne on September 10, up by US$ 3.50 per tonne from US$ 1740...
As updated by Shanghai Metals Market, social inventories of primary aluminium across eight consumption areas in China, including SHFE warrants, increased this week. Inventories stood 764,000 tonnes as of Thursday, 10 September 2020, up 3,000 tonnes from a week ago. The chart below shows the current...
Shanghai Metals Market data shows aluminium billet inventories in China have gained 3,400 tonnes over the week ending on Thursday, September 10, on increased arrivals of stocks to warehouses. According to the data, inventories are standing at 63,600 tonnes versus 60,200 tonnes last Thursday,...
A00 aluminium ingot price in China saw mixed performance over the week. The week started with a increase of RMB 80 per tonne to stand at RMB 14760 per tonne on Monday August 31. The price continued to trend lower at RMB 14700 per tonne and RMB 14520 per tonne on Tuesday and Wednesday. The week...
Three-month LME aluminium slipped 0.81% to end at US$1,776 per tonne on Thursday, with open interest decreasing 2,033 lots to 777,000 lots. It is likely to fluctuate between US$1,750-1,820 per tonne today. As of Thursday September 3, LME aluminium cash (bid) price stands at US$ 1743.50 per tonne,...
According to Shanghai Metals Market, stocks of 6063 aluminium billet across five major consumption areas in China increased 4,000 tonnes from last week. Higher arrivals at warehouses accounted for the increase in aluminium billet stocks. Aluminium billet inventories now stood at 60,200 tonne as of...
According to the Shanghai Metals Market, the social inventories of primary aluminium have gained 6,000 tonnes over the week ending Thursday, September 3. The stocks have increased across eight major consumption areas in China, including SHFE warrants, to stand at 761,000 tonnes compared to 755,000...
