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...
The London Metal Exchange (LME) aluminium price chart recovered on the August 28 trading session across the pricing and contract segments compared to the August 27 close. On the inventory side, opening stocks and live warrants remained stable for three consecutive sessions. The LME aluminium cash...
Grow with
AL Circle
China's alumina output edged down last week as several producers in Henan and Guizhou provinces and in the Guangxi autonomous region scaled back production to carry out 10-14 days of maintenance, either to curb atmospheric pollution or to control operating costs.News of the production curtailments...
Futures: During the night session on Jan 26, the most-traded SHFE aluminium 2603 contract opened at RMB 24,400 per tonne, reached a high of RMB 24,430 per tonne, touched a low of RMB 24,225 per tonne, and finally closed at RMB 24,380 per tonne, up RMB 165 per tonne or 0.68 per cent from the...
Aluminium prices on the London Metal Exchange continued to rise on January 26, with both cash and 3-month forwards reporting gains in contrast to the inventories, which showed a decline. The LME aluminium cash bid price climbed to USD 3,190 on January 26 from USD 3,174.5 per tonne on January 23,...
Aluminium prices on the London Metal Exchange rose sharply on January 23, with both cash and forward contracts posting gains of more than 2 per cent compared with the previous session. The LME aluminium cash bid price climbed to USD 3,174.5 per tonne on January 23 from USD 3,093 per tonne on...
From a macro perspective, overseas risk aversion sentiment pulled back, while domestic macro sentiment improved. By region, overseas, friction between the US and Europe over Greenland escalated, raising concerns about a US-Europe split. Subsequently, US President Trump announced that a framework...
After the close of the previous session, the London Metal Exchange (LME) aluminium price declined across major contracts. However, there was a significant rise on the inventory front with a slight decline in the cancelled warrants on January 22. The LME cash bid declined by USD 19 per tonne or 0.6...
London Metal Exchange aluminium prices weakened across most contracts on January 21, reflecting a broad pullback from the previous session, while exchange inventories reflected significant improvement. The LME aluminium cash bid price continued to decline, reaching USD 3,112 on January 21 from USD...
According to Mysteel's latest survey, total alumina stocks across the country's 10 major ports, 44 alumina producers, 89 primary aluminium smelters, and rail yards or in transit increased by 1.4 per cent on a week-to-week basis to 5.4 million tonnes as of January 15. This was also 43.9 per cent...
SHFE aluminium 2602 fluctuated upward in the morning session, with the price centre slightly higher than the previous trading day. Today, overall market buying sentiment improved slightly but remained at a low level, with mainstream transaction prices mainly ranging from a discount of RMB 10 per...
London Metal Exchange aluminium prices weakened across most contracts on January 20, reflecting a broad pullback from the previous session, while exchange inventories continued to edge lower. The LME aluminium cash bid price slipped to USD 3,136.5 per tonne on January 20 from USD 3,168 per tonne on...
Reviewing the aluminium rod market in December, overall supply and demand improved, with processing fees bottoming out and returning to reasonable levels. According to SMM surveys, aluminium rod production totalled 323,800 tonnes in December, down 5.06 per cent M-O-M. On the supply side, production...
Gold and silver have been stealing the spotlight in recent weeks, pushed higher by a mix of geopolitical anxiety, tariff threats from the United States, and deepening supply - demand imbalances. But apart from these two precious metals, aluminium has been quietly moving in the same direction - less...
On January 16, the London Metal Exchange (LME) aluminium price dropped drastically from the previous day’s close, where LME cash and forwards contracts also slipped. There has been a dip in the inventory side, but the alumina platts remained unchanged. Both the LME cash bid and offer fell by USD...
According to SMM statistics, aluminium billet inventory in mainstream domestic consumption areas stood at 206,000 tonnes on Jan. 15, up 21,500 tonnes from Monday and 36,500 tonnes w-o-w. During Jan. 5-11, total warehouse withdrawals of domestic aluminium billets amounted to 38,500 tonne, up 4,500...
Domestic aluminium prices in India continued to strengthen w-o-w, supported by upward revisions from primary producers amid firm LME and MCX aluminium futures and ongoing global supply concerns. The price increase came despite adequate domestic availability and only moderate downstream demand,...
On January 15, the LME aluminium cash bid price settled at USD 3,173.5 per tonne, down from USD 3,220.5 per tonne on January 14, marking a 1.46 per cent day-on-day decline. The cash offer price eased to USD 3,174 per tonne from USD 3,221 per tonne, also reflecting a 1.46 per cent decrease. The...
Futures: On January 15, the SHFE aluminium 2603 contract opened at RMB 24,470 per tonne during the night session. After opening, the price pulled back, reaching a low of RMB 24,015 per tonne, then entered consolidation without breaking the opening price, finally closing at RMB 24,320 per tonne,...
LME aluminium prices saw a sharp rise on January 14 compared to the previous session, while inventories continued on with a slightly declining streak. The LME aluminium cash bid price shot up to USD 3,220.5 per tonne on January 14, from USD 3,193 per tonne on January 13, marking an increase of 0.86...
