H1’26 LME aluminium stocks dip 31.82%: Russian sanctions & Gulf crisis pack a double blow
As we reflect on the Middle East crisis that commenced on February 28, 2026, and stretched into the second half of the year, it brings to mind the dramatic rise and fall of the London Metal Exchange (LME) aluminium price that reached four-year highs before cooling down. The skyrocketing prices...
LME aluminium cash bid price drops 2.06% to $3,273/tonne as stocks decline to 244,350t
LME aluminium prices recorded a sharp decline on September 11 compared with the previous trading day, with cash and three-month prices falling by around 2%, while exchange stocks edged lower. The LME aluminium cash bid price slipped to USD 3,273 per tonne on September 11, compared with USD 3,342...
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Outlook on aluminum : Kotak Commodity
Kotak Commodity has come out with its report on aluminum. MCX Aluminum may note some gains tracking copper prices, however the upside remains capped. Recent jump in stocks at LME warehouses may weigh on the gains. Stocks at LME fell by 7300 tonnes yesterday after rising by 105625 tonnes last week...
SMM Morning Review – 2011/8/25 Aluminum Market
Investor confidence climbed overnight with all US stock prices climbing after the US Department of Commerce announced July durable goods orders rose 4%, much higher than the 2% expectation. Meanwhile, as more investors expected US Fed to provide QE3, risk aversion capital successively exited gold...
SMM Morning Review – 2011/8/24 Aluminum Market
Despite weak new home sales date from the US, the risk aversion sentiment in the global market lowered overnight following better-than-expected contraction data for manufacturing industries in China and Europe, dragging down the US dollar index by 0.42% to 73.845. London gold prices also fell 3.85%...
Base metals faring better in China than on LME
Prices of base metals in China are faring better than those on the London Metal Exchange lately, point out analysts with Barclays Capital. LME base metals suffered “significantly” over the last month on economic and financial-system worries, with aluminum falling nearly 10%. However, Barclays says,...
Industrial metals (copper, aluminium, nickel, etc.) daily review (August 23, 2011)
Industrial metals finished higher on Friday, with support from a weak dollar, steadier equities, Chilean supply threats and Asian demand signals enabling prices to overcome overnight selling pressures. More than 100,000 tonnes of aluminium flowed into London Metal Exchangeregistered warehouses in...
SMM Morning Review - 2011/8/23 Aluminum Market
Strong safe haven demand for gold and US dollar in financial markets continued overnight, pushing London gold price to USD 1,900/oz, a record high. The US dollar index also closed higher at 74.159, while commodity prices erased earlier gains and gains of US stocks were limited as a result. The...
LME aluminium neutral in $2,323-$2,372 range
LME aluminium is neutral in a range of $2,323-$2,372 per tonne and only an escape from this could trigger a directional move. The fall from the July 27 high of $2,675.25 to the Aug 19 low of $2,323 is still considered having completed a five-wave cycle, and the current rebound is expected to push...
LME Aluminum Inventories Rise in Vlissingen
More than 100,000 tonnes of aluminum flowed into London Metal Exchange-registered warehouses in Vlissingen, latest LME data showed, in another big increase that has inflated stocks in the Dutch port to over 700,000 tonnes. LME aluminum stocks rose by 113,450 tonnes, with all of that accounted for...
SMM morning Review – 2011/8/22 Aluminum Market
As economic worries overwhelmed on August 19th, more investors turned to gold for risk aversion and gold prices hit a record high of USD 1,878.05/oz. US stock prices were pressed over 1.5% lower in response. The stagnating US economic recovery in the mean time weakened safe haven function of the US...
LME aluminum inventories jump more than 100000 tonnes
Aluminum inventories fell 8,700 tonne. On the LME, there was another huge increase in aluminum inventories of 104,000 tonne due again to a large delivery into Vlissingen. This large increase has not weighed on prices.
LME aluminium inventories jump more than 100Kt
Prices sold-off sharply yesterday and remain at lower levels this morning. Sentiment has taken another turn for the worst with bearish sentiment becoming increasingly engrained. SHFE stock data surprised by showing a draw of 8.8Kt in copper, which we believe also goes alongside draws in bonded...
MCX Aluminium outperforms as inventory declined
Aluminium was the top gainer of the day as the metal surged more than 2 percent on the LME as well as on the MCX from beginning of the week. Aluminium rose above 109 rupees per kilogram after opening edge higher at 108.35 rupees. Aluminium sustain above 107 that is very good indication for buying...
SMM Morning Review - 2011/8/19 Aluminum Market
With worse than expected data released for new unemployment claims, manufacturing index, house sales etc. on August 18th Thursday, market worries towards global economic recession rose again, with US stock, commodity prices plunging. LME gold prices rose above USD 1,800/oz overnight and the US...
National Aluminium 1QFY2012 performance highlights and results update
National Aluminium’s (Nalco) 1QFY2012 results were above our expectations. The company was able to sustain its margin on account of higher realisation. In light of the recent decline in stock price, we now have a Neutral view on the stock. For 1QFY2012, Nalco’s net sales grew by 34.2% yoy to...
LME: Delists 4 NASAAC Brands, Lists 1 Aluminum Alloy Brand
The London Metal Exchange Wednesday said it has delisted four brands of the North American Special Aluminum Alloy Contract, or NASAAC, while listing a new aluminum alloy brand. The delisted NASAAC brands are ALCAN-ALMA, ALCAN-ARVIDA, ALCAN-LATERRIERE and ALCAN - SEBREE, all of which won't be...
LME: Lists BHN Primary Aluminum Brand
The London Metal Exchange Wednesday said it has approved the listing of the BHN high grade primary aluminum brand, with immediate effect. The brand is produced by Rio Tinto Alcan Inc. at its plant in Quebec, Canada.
SMM Morning Review - 2011/8/18 Aluminum Market
Investor risk appetite improved on August 17th following release of a better-than-expected July Producer Price Index (up 0.2% MoM and 7.2% YoY) by the US Department of Labor, and a White House report saying its president Obama was preparing a deficit-cut program to cut more than the target of USD...
LME aluminium may bottom around $2,363/T
LME aluminium's fall may have ended and the contract may bottom out around $2,363 per tonne. The short-term downtrend that started at the July 27 high of $2,675.25 has developed five waves, with the final wave "5" likely to complete around $2,363.25, a low touched on Aug. 9.
