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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Russian aluminium retains 90% presence in LME-approved warehouses
According to data from the London Metal Exchange (LME) released on February 12, 2024, the proportion of aluminium stocks originating from Russia in warehouses approved by the LME remained consistent at 90 per cent throughout January. Despite some restrictions, the London Metal Exchange (LME)...
LME benchmark aluminium price soars by 0.34%; SHFE aluminium market stays closed for CNY Holidays
On February 12, the LME aluminium cash bid price and LME aluminium official price halted at US$2,187 per tonne and US$2,188 per tonne, with a uniform surplus of US$7.50 per tonne or 0.34 per cent. The 3-month bid price stood at US$2,214 per tonne, gaining US$2 per tonne or 0.09 per cent, while the...
LME aluminium benchmark price shrinks by US$40.5/t; SHFE market is closed for the CNY holiday
On Friday, February 9, LME aluminium cash bid price and LME aluminium official settlement price stood at US$2,179.50 per tonne and US$2,180.50 per tonne, respectively. The latter showcased a sharp fall of US$40.50 per tonne. As per the LME data, 3-month bid price and 3-month offer price settled at...
Global financial house unveils long-term forecast on aluminium prices
The global aluminium market persists in navigating a convoluted landscape of factors, prolonging its journey towards a deficit more than anticipated. The industry has been ensnared in a precarious equilibrium over the previous year as the Chinese market tightens. In contrast, the primary market...
LME aluminium benchmark price hikes by US$25.5/t to US$2,221/t; SHFE market is closed for Chinese New Year
On Thursday, February 8, LME aluminium official settlement price hiked by US$25.50 per tonne to settle at US$2,221 per tonne. As per the LME data, both 3-month bid price and 3-month offer price grew by US$9 per tonne or 0.40 per cent and US$8 per tonne or 0.35 per cent to clock at US$2,237 per...
LME aluminium benchmark price adds US$11/t amid inventory growth; SHFE price sheds off US$8/t
LME aluminium opened at US$2,230.50 per tonne on Wednesday, with its high and low at US$2,234 per tonne and $2,214.50 per tonne, respectively, before closing at US$2,221.50 per tonne, down 0.34 per cent. On Wednesday, February 7, LME aluminium cash bid price and LME aluminium official settlement...
LME aluminium benchmark price inches up by US$1/t to US$2,184.5/t; SHFE price hikes by US$24/t
LME aluminium opened at US$2,206 per tonne on Tuesday, with its low and high at US$2,203 per tonne and US$2,242 per tonne, respectively, before closing at US$2,229 per tonne, up 1.11 per cent. On Tuesday, February 6, both LME aluminium cash bid price and LME aluminium official settlement price...
LME aluminium price marks the third consecutive day of fall to US$2183.5/t; SHFE price gains US$10/t overnight
LME aluminum opened at US$2,236.50 per tonne on Monday, with its high and low at US$2,236.50 per tonne and US$2,203 per tonne, respectively, before closing at US$2,204.5 per tonne, down 1.43 per cent. On Monday, February 5, LME aluminium cash bid price plunged by US$25.50 per tonne to reach...
LME aluminium benchmark price loses US$3/t to US$2,209.5/t; SHFE price declines by US$42/t
LME aluminium opened at US$2,247 per tonne last Friday, with its high and low at US$2,253 per tonne and US$2,226 per tonne respectively before closing at US$2,236.5 per tonne, up 0.56 per cent. On Friday, February 2, both LME aluminium cash bid price and LME aluminium official settlement price...
LME aluminium price discards 5.3% M-o-M; SHFE aluminium price collects US$7/t today, down 3.46% M-o-M
LME aluminium opened at US$2,274.0 per tonne on Thursday, with its low and high at US$2,244.0 per tonne and US$2,275.6 per tonne, respectively, before closing at US$2,249.0 per tonne, down 1.58 per cent. The London Metal Exchange (LME) market’s official aluminium price graph on February 1 displayed...
LME aluminium price hikes by US$5.5/t to US$2,232/t; SHFE price dips to US$2,644/t
LME aluminium opened at US$2,271.0 per tonne on Wednesday, with its low and high at US$2,261.0 per tonne and US$2,297.0 per tonne, respectively, before closing at US$2,285.0 per tonne, up 0.59 per cent. On Wednesday, January 31, both LME aluminium cash bid price and LME aluminium official...
LME aluminium price grows by US$12.5/t to US$2,226.5/t; SHFE price loses US$3/t
LME aluminium opened at US$2,254.5 per tonne on Tuesday, with its low and high at US$2,247.5 per tonne and US$2,277.5 per tonne, respectively, before closing at US$2,271.5 per tonne, up 0.91 per cent. On Tuesday, January 30, both LME aluminium cash bid price and LME aluminium official settlement...
LME aluminium benchmark price soars by US$2/t, down 5.2% M-o-M; SHFE aluminium price negates US$6/t
LME aluminium opened at US$2,261.50 per tonne on Monday, with its low and high at US$2,237 per tonne and US$2,268 per tonne, respectively, before closing at US$2,251 per tonne, down 1.03 per cent. The LME aluminium official price chart on January 29 flashed a slight increase in rates, with the LME...
LME aluminium benchmark price closes the week with a hike of US$23.5/t; SHFE price loses US$7/t
LME aluminium opened at US$2,234.0 per tonne last Friday, with its high and low at US$2,283.0 per tonne and US$2,233.5 per tonne, respectively, before closing at US$2,258.0 per tonne, up by US$26.0 per tonne or 1.16 per cent. On Friday, January 26, both LME aluminium cash bid price and LME...
LME aluminium price descends by US$19/t and stands 6.3% down through January; SHFE adds US$23/t
LME aluminium opened at US$2,222.50 per tonne yesterday, with high and low at US$2,244 per tonne and US$2,205 per tonne, respectively, before closing at US$2,232 per tonne, up US$10 per tonne or 0.45 per cent. The LME aluminium benchmark price again recorded a decline on Thursday, January 25, after...
LME aluminium price expands for the second day in a row, reaching US$2,207.5/t; SHFE price loses US$3/t
LME aluminium opened at US$2,231 per tonne yesterday, with its high and low at US$2,268 per tonne and US$2,222 per tonne, respectively, before closing at US$2,222 per tonne, down US$10 per tonne or 0.45 per cent. On Wednesday, January 24, both LME aluminium cash bid price and LME aluminium official...
EU sanction rumours propel LME aluminium price by 1.65%; SHFE price expands to US$2,648/t
LME aluminium opened at US$2,159 per tonne yesterday, with its high and low at US$2,237 per tonne and US$2,156 per tonne, respectively, before closing at US$2,232 per tonne, up by US$77 per tonne or 3.57 per cent. On Tuesday, January 23, both LME aluminium cash bid price and LME aluminium official...
LME aluminium benchmark price lowers by 2% W-o-W; SHFE aluminium price sheds US$5/t today
LME aluminium opened at US$2,174 per tonne yesterday, with its high and low at US$2180 per tonne and US$2,152.5 per tonne, respectively, before closing at US$2,155 per tonne, down by US$17.5 per tonne or 0.81 per cent. The LME aluminium official price chart on January 22 showed decreasing rates,...
