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 prices edge higher across cash & offer; Asian reference and alumina platts slip
As of Wednesday, August 27, the London Metal Exchange (LME)'s cash bid price and the offer price showed a surge, along with the 3-month cash bid and offer price. But, a dip is noticed concerning the 3-month Asian reference price and the alumina platts price. The LME aluminium cash bid price settled...
LME aluminium offer price climbs to $2,611.5/t; opening stocks edge down to 478,075t
London Metal Exchange (LME) aluminium prices rose between August 22 and August 26, supported by firm demand, while stocks showed a marginal decline. Trading was closed on August 25 due to the UK Summer Bank Holiday. The LME aluminium cash bid price climbed from USD 2,588.5 per tonne on August 22 to...
India: Imported aluminium scrap prices decline w-o-w despite gains in LME tags
India's imported aluminium scrap prices declined by USD 40-45 per tonne W-o-W, despite an uptrend in London Metal Exchange (LME) prices. The overall aluminium scrap trade remained sluggish during the week, with limited buying interest across regions. Market participants highlighted cautious buying...
LME aluminium inventory's truth: Numbers up, but metal missing!
The aluminium markets have just seen another twist in what’s become a long-running stocks carousel. But this time, the spin may be nearing its end. As reported by Reuters on August 20, over the past six weeks, a hefty 156 thousand tonnes of aluminium found its way into London Metal Exchange (LME)...
LME aluminium cash offer price rises to $2,589/t as stocks jump nearly 3%
London Metal Exchange (LME) aluminium prices posted slight gains on August 22 compared to the previous session. The LME aluminium cash bid price climbed to USD 2,588.5 per tonne from USD 2,570 per tonne from August 21, while the cash offer price increased to USD 2,589 per tonne from USD 2,570.5 per...
LME aluminium rises to $2,570.5/t after 3-day fall, owing to demand hopes from China
After three consecutive days of decline from Monday to Wednesday, LME aluminium prices rebounded on Thursday, August 21, rising by USD 4 per tonne (0.15 per cent) and USD 3.5 per tonne (0.13 per cent). Why did the price increase? The growth was supported by expectations of stronger demand from the...
LME aluminium dips 0.21% as stronger supply outweighs demand support
Aluminium prices rose on Thursday, August 20, leading other base metals, as falling stocks and stronger demand from China supported the market. But the rise was held back by an increase in global supply. At the London Metal Exchange (LME), cash aluminium bid stood at USD 2,566 per tonne, down 0.21...
India: Imported aluminium scrap prices soften W-o-W amid weak LME, festive lull
India's imported aluminium scrap prices declined by USD 30-40 per tonne W-o-W, primarily due to a downward trend in London Metal Exchange (LME) prices. Despite strong demand and ongoing supply constraints, prices continued to fall as subdued trading activity during the festive week limited any...
LME aluminium hits 2-week low as US widens 50% tariff; Alumina price inches up to $370.98/t
The London Metal Exchange (LME) aluminium prices continued its decline on Tuesday, August 19, reaching its lowest level in over two weeks, following the US decision to expand the 50 per cent import tariff. As per the price graph, both cash bid price and official settlement price dropped further by...
LME aluminium offer price drops to $2,586.5/t as US tariff expansion and rising inventories drag prices
London Metal Exchange (LME) aluminium prices fell on August 18 as expanded US import tariffs and rising inventories pressured the market. The LME aluminium cash bid price was USD 2,586 per tonne on August 18, down from USD 2,599 per tonne on August 15 , while the cash offer price stood at USD...
LME progresses plans for market structure modernisation
The London Metal Exchange (LME) has today published its consultation outcomes confirming the introduction of certain market structure changes designed to boost transparency, increase price competition and enhance liquidity while protecting the unique features of the market that serve the LME’s...
LME aluminium cash price falls by $8.5/t; Alumina price inches up by $1.84/t
The London Metal Exchange (LME) aluminium prices closed the week, (Friday, August 15), with a fall across both cash bid price and official settlement price. The prices dropped by USD 8.5 per tonne or 0.32 per cent to settle at USD 2,599 per tonne and USD 2,600 per tonne. On the same day, 3-month...
LME aluminium cash price falls to $2,607.5/t; opening stocks edge up to 479,675t
London Metal Exchange aluminium prices fell on August 14 across spot and forward contracts compared to the previous session. The LME aluminium cash bid price dropped USD 17.5 or 0.67 per cent to USD 2,607.5 per tonne, while the LME cash offer price fell USD 17.5 or 0.67 per cent to USD 2,608.5 per...
Under the game between macro and fundamentals, aluminium prices will hold up well in the short term but there is risk of correction
Futures: On Thursday night session, the most-traded SHFE aluminium 2509 contract opened at RMB 20,710 per tonne, with a highest price of RMB 20,785 per tonne, a lowest price of RMB 20,705 per tonne, and closed at RMB 20,760 per tonne. Trading volume was 43,000 lots, and open interest was 198,000...
LME aluminium price climbs the graph by $21/t; 3-month Asian Reference Price dips by $3.5/t
On Wednesday, August 13, both LME aluminium cash bid price and LME aluminium official settlement price gained USD 22 per tonne or 0.84 per cent and USD 21 per tonne or 0.80 per cent. The prices closed at USD 2,625 per tonne and USD 2,626 per tonne. 3-month bid price and 3-month offer price also...
LME aluminium cash offer price rises to $2,605/t; alumina platts holds steady at $368.76/t.
Aluminium prices on the London Metal Exchange (LME) showed a steady upward movement on August 12, with both cash and forward contracts posting gains compared to the previous day. The LME aluminium cash bid price climbed by 0.68 per cent to USD 2,603 per tonne from USD 2,585.5 on August 11, while...
LME aluminium price slides down by $22.5/t; Opening stock climbs by 1.12%
On Monday, August 11, the LME aluminium prices edged down by USD 23 per tonne or 0.88 per cent and USD 22.5 per tonne or 0.86 per cent. The prices on the same day closed at USD 2,585.50 per tonne for cash bid and USD 2,586.5 for official settlement. As per the London Metal Exchange (LME) price...
LME aluminium cash price falls to $ 2,608.50/t and opening stocks climb to 470,575 tonnes
London Metal Exchange (LME) aluminium prices softened on August 8 from the previous session, while stocks posted a marginal rise. The LME aluminium cash bid price fell to USD 2,608.50 per tonne on August 8, down 0.31 per tonne from USD 2,616.50 per tonne, and the cash offer slipped to USD 2,609 per...
