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 benchmark price gains US$22/t to US$2,335.50/t; SHFE market is closed for New Year
On Friday, December 29, both LME aluminium cash bid price and LME aluminium official settlement price gained US$21.5 per tonne or 0.92 per cent and US$22 per tonne or 0.95 per cent to settle at US$2,334.50 per tonne and US$2,335.50 per tonne. As per the London Metal Exchange (LME) data, 3-month bid...
LME aluminium price gains pace post-Christmas citing stable growth in 2024’s start, down 1.26% Y-o-Y; SHFE loses 0.14%
LME aluminium opened at US$2,393.5 per tonne yesterday, with its high and low at US$2,394.5 per tonne and US$2,353.5 per tonne, respectively, before closing at US$2,367 per tonne, a decrease of US$28 per tonne or 1.17 per cent. The LME aluminium live price chart , on December 28, witnessed an...
LME aluminium price hits eight-month high post-Christmas Holiday; SHFE price expands by US$62/t
The London Metal Exchange (LME) aluminium prices significantly surged on Wednesday, December 27, as trade resumed after the Christmas break. Three-month aluminium on the London Metal Exchange (LME) climbed 0.8 per cent to $2,345 per tonne in official open-outcry trading after reaching its highest...
SHFE aluminium price ascends by 0.33% to US$2698/t; LME aluminium market remains closed for Holidays
On December 27, today, the SHFE aluminium price has grown by 0.33 per cent or US$9 per tonne to park at US$2,698 per tonne. Considering the SHFE price on December 27, last year, we may find a Year-on-Year influx of US$19 per tonne or 0.7 per cent from US$2,717 recorded that day. This year, the...
SHFE price loses US$9/t to US$2,689/t; LME aluminium closed for Christmas Holiday
On Tuesday, December 26, the Shanghai Futures Exchange (SHFE) aluminium price lost US$9 per tonne or 0.33 per cent to close at US$2,689 per tonne. Overnight, the most-traded SHFE 2402 aluminium contract opened at RMB 19155 per tonne, with low and high at RMB 19085 per tonne and RMB 19155 per tonne...
LME aluminium benchmark price surges by US$54.5/t to US$2,234.5/t; SHFE price expands to US$2,698/t
LME aluminium opened at US$2246 per tonne last Friday, with its low and high at US$2246 per tonne and US$2332 per tonne, respectively, before closing at US$2324 per tonne, up 3.5 per cent. On Friday, December 22, both LME aluminium cash bid price and LME aluminium official settlement price surged...
Primary aluminium weekly recap: Alcoa promotes Matt Reed to Chief Operations officer; LME to include SHFE prices to its portfolio
Amid continued decreasing inventories, China’s domestic primary aluminium price was found to exceed the RMB 19,000 per tonne level this week after more than a month. Besides this, other prime events occurred this week were the appointment of Matt Reed as Alcoa’s Executive Vice President and Chief...
LME aluminium price dives by 0.53% on Thursday, down 17.3% in twelve months; SHFE aluminium gains US$14/t
LME aluminium opened at US$2237 per tonne yesterday, with its high and low at US$2248 per tonne and US$2222 per tonne, respectively, before closing at US$2248 per tonne, up 0.11 per cent. On December 21, the LME aluminium live price chart showed descending price trends. The LME aluminium cash bid...
LME set to expand portfolio with new metals contracts linked to SHFE prices: Industry sources
The London Metal Exchange (LME) reportedly intends to introduce new metal contracts utilising prices from the Shanghai Futures Exchange (SHFE), according to three sources within the industry, as reported by Reuters. This move is anticipated to amplify China's impact on global metals markets....
LME aluminium benchmark price contracts by US$23.5/t to US$2,192/t; SHFE price drops to US$2,659/t
LME aluminium opened at US$2,272 per tonne yesterday, with its high and low at US$2,279 per tonne and US$2,237.5 per tonne, respectively, before closing at US$2,245.5 per tonne, down US$19.5 per tonne or 0.86 per cent compared to the previous day. On Wednesday, December 20, both LME aluminium cash...
Imported aluminium scrap to India projects a bright future amidst lowering trade activities
The Indian aluminium scrap market has experienced a significant increase in prices owing to the rise in futures contracts on the London Metal Exchange (LME). Despite this, transactions in the western region have been limited due to the absence of major trade participants with the Christmas festival...
LME aluminium price deflects 4.79 % Y-o-Y to reach US$2215.5/t; SHFE aluminium heightens by US$9/t Y-o-Y
LME aluminium opened at US$2283 per tonne yesterday, with its high and low at US$2283 per tonne and US$2257 per tonne, respectively, before closing at US$2265 per tonne, down 0.74 per cent. The LME aluminium live price chart, on December 19, displayed that there have been slight hikes in aluminium...
LME aluminium price adds US$17/t to US$2,213/t; SHFE price moves up by US$3/t
LME aluminium opened at US$2240.5 per tonne yesterday, with its high and low at US$2286 per tonne and US$2233 per tonne, respectively, before closing at US$2282 per tonne, up 1.83 per cent. On Monday, December 18, both LME aluminium cash bid price and LME aluminium official settlement price grew by...
LME benchmark aluminium price surges by US$59/t; SHFE stays stoic at US$2649/t marked last week
On December 15, last week, the LME aluminium live price chart, showed measurable surge in aluminium prices, with the LME aluminium cash bid price and the LME aluminium official price increasing by US$59.50 per tonne or 2.78 per cent and US$59 per tonne or2.76 per cent to officially close at...
LME aluminium benchmark price expands by US$54/t to US$2,137/t; SHFE price grows to US$2,649/t
LME aluminium opened at US$2151 per tonne yesterday, with its high and low at US$2220 per tonne and US$2151 per tonne, respectively, before closing at US$2210 per tonne, up US$65 per tonne or 3.03 per cent. On Thursday, December 14, both LME aluminium cash bid price and LME aluminium official...
LME aluminium price dips lower at the year’s end with 6.19% M-o-M fall; SHFE maintains average status
LME aluminium opened at US$2122.5 per tonne yesterday, with its high and low at US$2147 per tonne and US$2109 per tonne, respectively, before closing at US$2145 per tonne, up 0.99 per cent. The LME aluminium live price chart, on December 13, witnessed a linear movement in aluminium prices, with the...
Global aluminium market trend adversely affects India's non-ferrous metal prices on a W-o-W scale
This week, the London Metal Exchange (LME) experienced a second consecutive decline in the non-ferrous metals market. Similar to LME, the domestic Indian market also showed a downward trend. Trading activities remained moderate throughout the week. The three-month aluminium futures on the LME fell...
LME aluminium benchmark price gains US$8/t to US$2,090.5/t; SHFE price hikes by US$12/t
LME aluminium opened at US$2121 per tonne yesterday, with its high and low at US$2143 per tonne and US$2116 per tonne, respectively, before closing at US$2124 per tonne, flat from the previous trading day. On Tuesday, December 12, both LME aluminium cash bid price and LME aluminium official...
