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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Glencore funnels Russian-origin aluminium resulting in LME warehouse accumulation: Sources say
In a recent survey, it was established that commodity trader Glencore made significant deliveries of Russian-origin aluminium to London Metal Exchange (LME) registered warehouses in Gwangyang, South Korea. These deliveries shed light on the challenges faced by Rusal, the world's largest aluminium...
Vedanta revises its aluminium prices twice in three days; finally trims the ingot price by INR1750/t
Vedanta Limited has revised its aluminium prices twice in only three days this week. On Tuesday, March 19, 2024, Vedanta increased its aluminium selling prices in line with the LME aluminium price growth on the two previous days, and on March 20, it cut the prices in response to the LME price...
LME aluminium benchmark price falls by US$22/t to US$2,202.5/t; SHFE price decreases by US$7/t
LME aluminium opened at $2,276.5 per tonne yesterday, with its high and low at US$2,279 per tonne and US$2,248 per tonne, respectively, before closing at US$2,269 per tonne, down US$7.5 per tonne or 0.33 per cent. On Tuesday, March 19, the LME aluminium cash bid price and LME aluminium official...
LME benchmark aluminium price gains US$6/t today, down 0.34% Y-o-Y; SHFE gathers 2.33% M-o-M
LME aluminium opened at US$2,272.50 per tonne yesterday, with its high and low at US$2,294 per tonne and US$2,261 per tonne respectively before closing at US$2,276.5 per tonne, down US$0.50 per tonne or 0.02 per cent. The LME aluminium official price chart on March 18 flashed a slight increase in...
LME aluminium benchmark price hikes to US$2,218.5/t; SHFE price grows by US$18/t
LME aluminium opened at US$2,245 per tonne last Friday, with its high and low at US$2281.5 per tonne and US$2245 per tonne, respectively, before closing at US$2,277 per tonne, up US$21 per tonne or 0.93 per cent. On Friday, March 15, both LME aluminium cash bid price and LME aluminium official...
Russian aluminium fuels over half of LME warehouse stockpiles
In March 2024, data from the London Metal Exchange (LME) indicated that Russian aluminium stocks in registered warehouses rose to 53 per cent of the total, reaching 220,575 tonnes, up from 41 per cent in January 2024. This indicates consumers may have evaded Russian metal across various sectors...
Hindalco Industries cuts its aluminium selling prices in response to LME aluminium price fall
Hindalco Industries Limited has reduced its aluminium ingot and aluminium products prices on Thursday, March 15, in line with the LME aluminium price drop. Like other Indian aluminium companies, Hindalco links its aluminium prices to the three-month futures of aluminium on the London Metal...
LME aluminium benchmark price slumps by USS$19/t but still stands M-o-M higher
LME aluminum opened at US$2,261 per tonne on Thursday, March 14, with high and low at US$2272.50 per tonne and US$2244.50 per tonne, respectively, before closing at US$2,256 per tonne, down US$6.50 per tonne or 0.29 per cent. LME aluminium cash bid price and LME aluminium official settlement price...
LME aluminium benchmark price moves up by US$10.5/t to US$2,224/t; SHFE price gains US$12/t
LME aluminium opened at US$2,261 per tonne on Wednesday, with its high and low at US$2,274.5 per tonne and US$2,254 per tonne, respectively, before closing at US$2,262.5 per tonne, down US$0.5 per tonne or 0.02 per cent. On Wednesday, March 13, both LME aluminium cash bid price and LME aluminium...
LME aluminium price stands nearly a six-week high by adding US$11.5/t; SHFE price slips by US$5/t
LME aluminum opened at US$$2,250 per tonne on Tuesday, March 12, with high and low at US$2,270 per tonne and US$2,242.50 per tonne, respectively, before closing at US$2,263 per tonne, up US$11 per tonne or 0.49 per cent. On Tuesday, March 12, LME aluminium cash bid price and LME aluminium official...
LME aluminium benchmark price drops to US$2,202/t; SHFE price moves up by US$14/t
LME aluminium opened at US$2,236 per tonne yesterday, with its high and low at US$2,260.5 per tonne and US$2,231.5 per tonne respectively before closing at US$2,252 per tonne, up by US$16 per tonne or 0.72 per cent. On Monday, March 11, both LME aluminium cash bid price and LME aluminium official...
LME aluminium benchmark price reflects a W-o-W rise of 1%; SHFE price sheds off US$11/t
LME aluminum opened at US$2,246.5 per tonne last Friday, March 8, with its high and low at US$2,267 per tonne and $2,233.50 per tonne, respectively, before closing at US$2,236 per tonne, down US$16 per tonne or 0.71 per cent. On Friday, the LME aluminium cash bid and LME aluminium official...
LME announces new senior leadership appointments and organisational design
On March 6, 2024, the London Metal Exchange (LME) announced a number of senior leadership appointments and organisational design changes. These are being made to ensure that the LME continues to advance as a world-leading metals marketplace – supporting its customers, building mutually beneficial...
LME Clear welcomes Claire Chapman as Independent Non-Executive Director
The clearing house for the London Metal Exchange, LME Clear, has appointed Claire Chapman as an Independent Non-Executive Director of the Board. Claire Chapman, a distinguished legal professional, currently serves as the General Counsel, Company Secretary, and Chief People Officer at Hargreaves...
Aluminium Futures on CME witness sharp rise in trading activity
Activity in the CME's aluminium contract has significantly intensified in recent months, marked by a volume surge and a widening participant base, as the world's most recognised news media agency reported. However, it remains relatively small compared to the London Metal Exchange (LME), which...
LME aluminium benchmark price gains US$22.5/t to US$2,210 per tonne; SHFE price grows by US$18/t
LME aluminium opened at US$2,225 per tonne yesterday, with its high and low at US$2,265 per tonne and US$2,225 per tonne, respectively, before closing at US$2,252 per tonne, up by US$17 per tonne or 0.76 per cent. On Thursday, March 7, both LME aluminium cash bid price and LME aluminium official...
LME aluminium benchmark price drops US$4/t after an increase last day; SHFE price regains US$11/t
LME aluminum opened at US$2,226.50 per tonne on Wednesday, March 6, with high and low at US$2,243.50 per tonne and US$2,220 per tonne, respectively, before closing at US$2,223 per tonne, down US$5.5 per tonne or 0.25 per cent. On March 6, the LME aluminium cash bid price and LME aluminium official...
LME aluminium benchmark price ascends to US$2,191.5/t; SHFE price loses US$11/t
LME aluminium opened at US$2,237 per tonne yesterday, with its high and low at US$2,241.5 per tonne and US$2,223 per tonne, respectively, before closing at US$2,226.5 per tonne, down US$7.5 per tonne or 0.34 per cent. On Tuesday, March 5, both LME aluminium cash bid price and LME aluminium official...
