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...
Grow with
AL Circle
Select base metals decline on global cues
Select base metals declined at the nonferrous metal market here due to sluggish demand from industrial users amid bearish trend in global markets. Meanwhile, copper armiture and aluminum utensils scrap inched up on better offtake from consumer industries. The industrial metals fell at the LME over...
Chinese actions to support aluminum but hurt lead prices
Government decisions in China could underpin aluminum but undercut lead, says Commerzbank. Aluminum smelters in the province of Henan have been asked to prepare for Electricity supply cuts. “Henan is China's largest aluminum-producing region. This could result in production losses there and a...
SMM Morning Review - 2011/8/3 Aluminum Market
The US dollar index rose and hit 74.734 on August 2nd after the US Congress reached an agreement to lift the country’s debt ceiling before the deadline. However, upward space of the US dollar index is limited by market worries towards recovery of the US economy. After fluctuating at the 20-day...
Base metals drop on global cues
Barring aluminum most of the base metals dropped at the nonferrous metal market due to subdued industrial demand as well as stockists selling following weakening trend in global markets. On the other hand, aluminum rose owing to better offtake from consumer industries. The industrial metals edged...
MCX Aluminium bubble at eight weeks high on improving demand
MCX Aluminium could very well see a bullish run in the near future even when record high inventories are being reported. There are some reasons why Aluminium prices could gain is due to bank financing deals that have locked up a sizeable chunk of available metal stock and continuous decreasing...
SMM Morning Review – 2011/8/2 Aluminum Market
Though the US debt issue was resolved on August 1, worse-than-expected manufacturing data in Europe, the US and China led to market worries towards demand. As a result, risk aversion sentiment grew, selling pressure for metals prices rose, and the US dollar index surged overnight to 74.291, up...
Alba Reports Q2 2011 Results
Q2 2011 Industry Highlights: Aluminium demand continues to remain healthy while benefiting from being one of the less sector-dependent base metals. Solid demand in Asia despite earthquake in Japan, increased industrial production in Europe, and demand in MENA region being driven by investments in...
SMM Morning Review – 2011/8/1 Aluminum Market
Risk aversion sentiment gradually grew after the White House and Republican leaders failed to reach an agreement during the debt talk on July 29th, which helped the US dollar index stand steady above the 10-day moving average during European trading hours. Later, the US Department of Commerce...
LME Aluminum Stocks Jump in Vlissingen, More to Come
Aluminum stocks jumped by 100,000 tonnes in the Dutch port of Vlissingen, London Metal Exchange data showed on Thursday, as traders speculated that Glencore had registered material in warehouses there and that more may follow.
SMM Morning Review – 2011/7/29 Aluminum Market
The Economic Sentiment Indicator (ESI) released on July 28 by European Commission was 103.2 in July, weaker than expected and down from previous figure, indicating Euro zone economy is not likely to recover in the short term impacted by debt woes. Later during the day, US Department of Labor...
SMM Morning Review – 2011/7/29 Aluminum Market
The Economic Sentiment Indicator (ESI) released on July 28 by European Commission was 103.2 in July, weaker than expected and down from previous figure, indicating Euro zone economy is not likely to recover in the short term impacted by debt woes. Later during the day, US Department of Labor...
SMM Morning Review – 2011/7/28 Aluminum Market
US Department of Commerce announced on July 27 that June durable goods orders fell 2.1% MoM, which was a second fall during recent three months, and was opposite from the expected 0.3% gain. This indicated a dim future for the US industry. Meanwhile, as no valid agreement has been reached, investor...
SMM Morning Review – 2011/7/27 Aluminum Market
The debt talk stalemate in the US has exposed the country to risks of default and downgrade of credit rating. Late on July 26th, a higher July Conference Board Consumer Confidence Index was released, but coupled with lower-than-expected new house sales data in June. As risk aversion sentiment grew,...
SMM Morning Review – 2011/7/26 Aluminum Market
On July 25th, market sentiment turned cautious after US president Obama failed to reach an agreement for debt ceiling issue with Republicans in the Congress. As a result, the US dollar index lost upward momentum and finally closed at 74.115, down 0.17% despite a downgrade of Greek debt rating by...
BASE METALS:LME Metals Close Mostly Lower; Aluminum Bucks Trend
Base metals closed mostly lower on the London Metal Exchange Monday, with only aluminum managing to shrug off broad-based risk aversion to end the day in positive territory. At the PM kerb close, LME three-month aluminum was 1.1% higher at $2,619.50 a metric ton after hitting a near-six-week high...
Copper is now nearly four times as expensive as aluminium
After hitting a high of $2803 on 3rd May 2011 at the London Metal Exchange (LME) , the price of Aluminium has corrected by nearly 12% and this correction provides a good opportunity for the bulls. Decreasing supplies and an ever increasing demand also add to the positive bias for the metal. The...
LME MORNING - Metals edge up while investors track macro developments; tin, aluminium strong
Base metals continued to trend higher in LME mid-morning trading on Friday, although gains were generally modest while markets assessed yesterday’s eurozone sovereign debt discussions, although tin and aluminium rose to fresh multi-month and -week highs. Aluminium rose to $2,590.25 per tonne this...
DJ LME: Receives Application To List New Aluminum Alloy Brand
The London Metal Exchange Thursday said it has received an application to list a new brand under the aluminum alloy contract. The brand, JBMI, will be produced by JBMI International Ltd. at its Staffordshire, U.K., smelter, which has an annual capacity of 25,000 metric tons.
