LME aluminium price rises to $3,310/t: Can EGA and Alba repairs bring back 2025 levels?
The London Metal Exchange (LME) aluminium price reported improvements across the pricing and contract segments on the September 7 close, recovering from the downward trend reported at the September 4 session . As the repair and operations stabilise at the facilities of Emirates Global Aluminium...
LME aluminium offer price slips to $3,292.5/t as lower exchange stocks point to tighter availability
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...
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LME aluminium opens the week with a fall of $13.5/t; December 26 bid price adds $5/t
On Monday, September 15, both LME aluminium cash bid price and LME aluminium official settlement price moved downward by USD 13 per tonne or 0.48 per cent and USD 13.5 per tonne or 0.49 per cent to settle at USD 2,693 per tonne and USD 2,693.5 per tonne. 3-month bid price and 3-month offer price...
Domestic and overseas macro tailwinds, multiple factors support aluminium prices to hold up well in the short term
In the futures market, the most-traded SHFE aluminium 2510 contract opened at RMB 20,995 per tonne during the night session, reaching a highest price of RMB 21,095 per tonne and a lowest price of RMB 20,955 per tonne, closing at RMB 21,060 per tonne, up RMB 40 per tonne from the previous close,...
LME aluminium rises USD 51/t, cash at USD 2,707/t
A drastic upward movement has been noticed in the London Metal Exchange (LME) aluminium price on Friday, September 12. Both the LME cash bid and offer price alongside the 3-month bid and offer increased, and the opening stock, live warrants and cancelled warrants remained unchanged from the...
LME aluminium offer price surge by $32.5/t; 3-month Asian Reference Price gains $48.5/t
The London Metal Exchange (LME) aluminium price has shown huge growth on Thursday, September 11. As per the data, both cash bid price and official settlement price surged by USD 32.5 per tonne or 1.23 per cent to settle at USD 2,655.5 per tonne and USD 2,656 per tonne. On the same day, 3-month bid...
LME aluminium climbs to $2,623/t as alumina platts ease to $340.61/t
A positive upward movement has been witnessed in the London Metal Exchange (LME) aluminium price on Wednesday, September 10. However, a slight negative downward movement has been seen in alumina platts price by USD 0.69 per tonne or 0.20 per cent. The LME cash bid price went up from USD 2,620 per...
Asia’s aluminium market holds strong as LME stocks plunge in Malaysia
Aluminium prices in Asia are holding firm near USD 2,615 a tonne, supported by a rush of withdrawals from London Metal Exchange (LME) warehouses that has tightened supply across the region. Almost 100,000 tonnes were requested for removal from Malaysian depots in just two days, traders said,...
LME aluminium price moves up the graph by $7.5/t; Live warrants surge by 15.23%
Following a drop on Monday, September 8, the London Metal Exchange (LME) aluminium price witnessed a slight growth the next day on Tuesday, September 9. As per the data, both LME aluminium cash bid price and LME aluminium official settlement price gained USD 7 per tonne or 0.26 per cent and USD 7.5...
LME aluminium dips $2.5/t as cancelled warrants surge 295%
With a slight surge on September 5, the London Metal Exchange (LME) aluminium price also saw a dip as the market opened on September 8. A significant difference could be seen in live warrants and the cancelled warrants. On September 8, the LME aluminium cash bid and offer price saw a decline by USD...
LME aluminium cash bid climbs $10/tonne, 3-month bid up $12/tonne on September 5
After a sharp decline on September 4, the London Metal Exchange (LME) aluminium price gained momentum. However, the price of aluminium platts further fell from the previous day by USD 1.23 per tonne. On September 5, both the LME cash bid and offer price gained by USD 10 per tonne or 0.38 per cent,...
UK regulator seeks clarity on Mercuria’s sway over LME aluminium stocks
Britain’s Financial Conduct Authority (FCA), a financial regulatory body, has approached Swiss-based energy and commodity trading firm Mercuria over its unusually large aluminium holdings on the London Metal Exchange (LME). Two witnesses who were familiar with the matter said the position has...
LME aluminium cash price dips $10.5/t as wider price pressure builds
A sharp decline has been seen in the London Metal Exchange (LME) aluminium cash bid and offer, 3-month bid and offer, December 26 bid and offer as well as the price of alumina platts. However, no change is witnessed in opening stock, live warrants and cancelled warrants. On Thursday, September 4,...
Macro tailwinds underpin while fundamentals play out, aluminium prices likely to fluctuate at highs in short term
Futures side, the most-traded SHFE aluminium 2510 contract opened at RMB 20,710 per tonne in the previous trading day's night session, with the highest price at RMB 20,760 per tonne, the lowest at RMB 20,700 per tonne, and closed at RMB 20,725 per tonne, up 0.07 per cent from the previous closing...
LME aluminium offer price moves up by $2/t; Alumina price inches up to $356.18/t
On Wednesday, September 3, both LME aluminium cash bid price and LME aluminium official settlement price has reflected growth for the second consecutive day. As per the price graph, both cash bid price and official settlement price have moved up by USD 2 per tonne or 0.07 per cent to settle at USD...
LME aluminium offer price gains $2.5/t; stocks down 1,450t
LME aluminium prices on September 2 reflected only marginal shifts across cash, 3-month and forward contracts, while stocks saw a modest decline. The LME aluminium cash bid price, on September 2, was recorded at USD 2,614 per tonne, up from USD 2,612 per tonne, replicating a difference of USD 2 per...
LME aluminium opens the week with a fall of $8.5/t; Alumina price loses $2.92%
On Monday, September 1, both LME aluminium cash bid price and LME aluminium official settlement price opened the week with a fall of USD 8 per tonne or 0.30 per cent and USD 8.5 per tonne or 0.32 per cent to clock at USD 2,612 per tonne and USD 2,612.5 per tonne. 3-month bid price and 3-month offer...
LME aluminium cash offer price rises to $2621/t amidst steady market gains
The LME aluminium price movement on Friday, August 29 showed an upward movement from the previous day, reflecting a steady market performance. As per the data, the LME aluminium cash bid price stood at USD 2,620 per tonne, and the LME aluminium cash offer price stood at USD 2621 per tonne. On the...
Upstream Weekly: Aluminium on the Moon, China’s 86% import surge & US tariff shockwaves
The global aluminium industry is still changing on all fronts, including the primary aluminium, bauxite, and alumina markets, driven by shifting trade policies, production hurdles, and creative approaches to production. From India's Chandrayaan-3 mission revealing aluminium on the Moon, China's...
LME aluminium cash price slips to $2,614/t; opening stocks edge down to 481,150t
On August 28, aluminium prices on the London Metal Exchange softened slightly compared to the previous day. The LME aluminium cash bid price stood at USD 2,614 per tonne against USD 2,616 per tonne on August 27, marking a decline of 0.08 per cent, while the cash offer fell 0.11 per cent to USD...
