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...
LME aluminium prices moved higher on September 3 compared with the previous trading day, while exchange stocks edged lower and cancelled warrants recorded a sharper decline. On September 3, the LME aluminium cash bid price stood at USD 3,302 per tonne, up 1.46 per cent from USD 3,254.5 per tonne on...
Grow with
AL Circle
LME aluminium prices eased between November 14 and November 17, with both cash and three-month contracts posting modest declines, while exchange inventories also edged lower. The LME aluminium cash bid slipped from USD 2,832 per tonne on Nov 14 to USD 2,797.5 per tonne on Nov 17, a drop of 1.22 per...
A sharp decline in the London Metal Exchange (LME) aluminium price was witnessed on November 14 in comparison to the price recorded on November 13. The LME cash bid fell by USD 42 per tonne or 1.5 per cent to reach USD 2,832 per tonne from USD 2,874 per tonne. Similarly, the cash offer also...
LME aluminium inched higher on November 13 across cash, 3-month and December contracts, with exchange stocks also showing a modest increase. The cash bid price rose to USD 2,874 per tonne on November 13 from USD 2,855.50 per tonne on November 12 — an increase of 0.65 per cent. The cash offer also...
After a slight decline on November 11, the London Metal Exchange (LME) aluminium price gained traction on November 12. The LME cash bid on November 12 rose by USD 15.5 per tonne or 0.55 per cent, up from USD 2,840 per tonne to USD 2,855.5 per tonne. The cash offer also rose by USD 15 per tonne or...
On November 11, LME aluminium prices recorded minor declines across key contracts compared to November 10. The cash bid price stood at USD 2,840 per tonne, down 0.94 per cent from USD 2,867 per tonne a day earlier, while the cash offer slipped 0.92 per cent to USD 2,841 per tonne, compared with USD...
The week opened with the London Metal Exchange (LME) aluminium prices moving upward and the inventories contracting. The LME cash bid rose by USD 27 per tonne or 0.95 per cent to finally settle at USD 2,867 per tonne, up from USD 2,840 per tonne. Concurrently, the LME cash bid rose by USD 26.5 per...
Aluminium prices moved lower on the London Metal Exchange (LME) on Thursday, November 7, reaching a two-week low as weakness in global equities weighed on sentiment across base metals. The decline came even as prospects for demand in China, the world’s biggest producer, continued to look firm....
LME aluminium prices edged lower on November 7 across spot, 3-month and December contracts, while stocks and live warrants posted marginal increases day-on-day. The LME aluminium cash bid price slipped to USD 2,840 per tonne on November 7 from USD 2,861 per tonne on November 6 — a decline of 0.73...
Commodity trader Trafigura has delivered significant amounts of aluminium to London Metal Exchange (LME)-approved warehouses in Malaysia, reportedly to take advantage of a financial arrangement, according to sources familiar with the matter. Surge in the aluminium stocks Aluminium inventories in...
On Thursday, November 6, the London Metal Exchange (LME) aluminium price rose after a sharp decline the previous close. However, the LME aluminium 3-month Asian Reference Price continued to show a declining trend. Both the LME cash bid and offer contracts rose by USD 23 per tonne or 0.81 per cent,...
The start of the week reflected an enhanced London Metal Exchange (LME) aluminium price, but the following represented a dip in the LME, where cash, 3-month contract and forward contract dipped significantly. Both the LME cash bid and offer fell by USD 14.5 per tonne or 0.5 per cent, down from USD...
Aluminium prices on the London Metal Exchange (LME) moved lower on November 4, marking a modest decline across cash, three-month, and forward contracts. The cash bid price fell 1.71 per cent to USD 2,852.50 per tonne, while the cash offer eased 1.72 per cent to USD 2,853 per tonne, compared with...
The start of the week reflected an enhanced London Metal Exchange (LME) aluminium price, where cash, 3-month contract, and forward contract also rose significantly. However, a slight decline has been seen in the opening stock & cancelled warrants. LME cash bid grew by USD 17.5 per tonne or 0.60 per...
London Metal Exchange (LME) aluminium prices strengthened on October 31, supported by higher market activity and a sharp rise in exchange inventories. The LME aluminium cash bid rose 2.11 per cent to USD 2,884.5 per tonne, while the cash offer gained 2.09 per cent to USD 2,885 per tonne, compared...
Global energy and commodity group Mercuria is shipping over 30,000 tonnes of aluminium from Port Klang in Malaysia to New Orleans, three market sources have revealed. They added that the trader probably needed the metal for its US customers. Explore- Most accurate data to drive business decisions...
India's imported aluminium scrap prices inched up w-o-w, though London Metal Exchange (LME) benchmarks witnessed positive movements. BigMint assessed UAE-origin Tense scrap at USD 1,945 per tonne, up by USD 10 per tonne w-o-w, while UK-origin Taint Tabor C/S (9-10 per cent) stood at USD 2,250 per...
After a good gain on Wednesday, October 29, the London Metal Exchange (LME) aluminium price slipped drastically on Thursday, October 30. On Thursday, the LME cash bid fell by USD 66 per tonne or 2.3 per cent to reach USD 2,825 per tonne, down from USD 2,891 per tonne. Similarly, the LME cash offer...
On October 29, LME aluminium prices strengthened, reflecting steady demand and market optimism. The cash bid price rose to USD 2,891 per tonne, up 1.14 per cent from USD 2,858.5 per tonne on October 28, while the cash offer increased by a similar margin to USD 2,891.5 per tonne from USD 2,859 per...
