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 benchmark price stoops to US$2082.5/t amidst weaker consumption; SHFE aluminium marginally spikes by US$12/t
LME aluminium opened at US$2139 per tonne yesterday, with its high and low at US$2141 per tonne and US$2116 per tonne respectively before closing at US$2124 per tonne, down 0.47 per cent. On December 11, the LME aluminium live price chart experienced a downward flow in aluminium prices, with the...
Declining inventory pulled up the LME aluminium price to US$2,111/t; SHFE price contracts by US$25/t
LME aluminium opened at US$2137 per tonne last Friday, with its high and low at US$2161.5 per tonne and US$2130 per tonne, respectively, before closing at US$2134 per tonne, up 0.14 per cent. On Friday, December 8, both LME aluminium cash bid price and LME aluminium official settlement price grew...
LME aluminium benchmark price drops to US$2,099/t; SHFE price moves up by US$2/t
LME aluminium opened at US$2146 per tonne yesterday, with its high and low at US$2156.5 per tonne and US$2131 per tonne, respectively, before closing at US$2131 per tonne, down 0.47 per cent. On Thursday, December 7, both LME aluminium cash bid price and LME aluminium official settlement price...
LME aluminium benchmark price shows no sign of recovery at US$2117.5/t; SHFE aluminium price sheds 0.42%
LME aluminium opened at US$2165.5 per tonne yesterday, with its high and low at US$2169.5 per tonne and US$2140 per tonne, respectively, before closing at US$2141 per tonne, down 1.13 per cent. The LME aluminium live price chart , on December 6, registered a downward trend, with the LME aluminium...
LME aluminium benchmark price drops by US$27/t to US$2,121.5/t; SHFE price moves down to US$2,599/t
LME aluminium opened at US$2,185 per tonne yesterday, with its high and low at US$2,186.5 per tonne and US$2,150.5 per tonne, respectively, before closing at US$2,165.5 per tonne, down US$34.5 per tonne or 1.57 per cent. On Tuesday, December 5, both LME aluminium cash bid price and LME aluminium...
“Since the launch of the LMEpassport, CoA documentation accompanying metal is now digitised by LME warehouses using the LMEpassport platform, therefore solving the issues of losing the paper CoA in transit or the paper CoA document degrading over time,” Hugo Brodie, Head of Product Development & Innovation, LME
Hugo is Head of Product Development & Innovation at the London Metal Exchange. He is responsible for identifying, designing, and launching new products and services at the Exchange, including partnering with industry players to drive innovation across the metals industry. Prior to this, he was Vice...
LME benchmark aluminium price registers linear growth in 2023, down 13.54% Y-o-Y; SHFE aluminium loses 1.29% today
LME aluminium opened at US$2,204 per tonne on Monday, with its high and low at US$2,213 per tonne and US$2,174 per tonne, respectively, before closing at US$2,184 per tonne, down US$16 per tonne or 0.73 per cent. On December 4, the LME aluminium live price chart registered a slight spike in...
LME aluminium benchmark price descends to US$2,147.50/t; SHFE price ascends by US$18/t
LME aluminium opened at US$2198 per tonne last Friday, with its high and low at US$2217 per tonne and US$2183 per tonne, respectively, before closing at US$2200 per tonne, an increase of US$6 per tonne or 0.27 per cent. On Friday, December 1, both LME aluminium cash bid price and LME aluminium...
LME aluminium price drops US$20.5/t with US$2,200 per tonne average limitation; SHFE aluminium price sheds US$6/t
LME aluminium opened at US$2218.5 per tonne in the previous trading day, with its low and high at US$2187 per tonne and US$2219 per tonne, respectively, before closing at US$2194 per tonne, down 0.95 per cent. The LME aluminium live price chart , on November 30, marked a falling market price trend,...
LME aluminium price grows by US$13.5/t to US$2,178/t; SHFE price loses US$24/t to US$2,624/t
LME aluminium opened at US$2224 per tonne in the previous trading day, with its low and high at US$2207.5 per tonne and US$2231.5 per tonne, respectively, before closing at US$2217.5 per tonne, down 0.18 per cent. On Wednesday, November 29, both LME aluminium cash bid price and LME aluminium...
Press Metal Aluminium’s nine-month net profit lags behind consensus forecasts, marking a 21% Y-o-Y fall
On Tuesday, November 28, Press Metal Aluminium Holdings published its third quarter fiscal report, showing a lag from the consensus forecasts. Nonetheless, market analysts have maintained their recommendations on the company, with expectations that aluminium prices will remain subdued. Press Metal...
LME benchmark aluminium price shrinks by US$12.5/t to US$2164.5/t; SHFE aluminium price drops US$4/t
LME aluminium opened at US$2213 per tonne in the previous trading day, with its low and high at US$2199.5 per tonne and US$2225.5 per tonne, respectively, before closing at US$2218.5 per tonne, up US$6 per tonne or 0.27 per cent. On November 28, the LME aluminium live price chart registered a...
LME aluminium benchmark price moves down by US$2/t to US$2,177/t; SHFE price adds US$7/t
LME aluminium opened at US$2221.5 per tonne in the previous trading day, with its low and high at US$2209 per tonne and US$2235 per tonne, respectively, before closing at US$2211.5 per tonne, down 0.65 per cent. On Monday, November 27, both LME aluminium cash bid price and LME aluminium official...
LME aluminium benchmark price drops US$4/t; up 1.51% M-o-M; SHFE aluminium price earns US$6/t
LME aluminium opened at US$2228 per tonne last Friday, with its low and high at US$2213.5 per tonne and US$2228 per tonne respectively before closing at US$2225 per tonne, up US$3 per tonne or 0.14 per cent. The LME aluminium live price chart , on November 24, witnessed an overall slump in...
Romanian Alro invests US$4.22 million for 360° quality testing of aluminium plates
The most eminent aluminium producer in Romania, Alro S.A., has proposed investing US$4.22 million (3.86 million euro) in two respective projects focused on checking the quality of the firm's flagship products like aluminium alloy plates. On November 23, the Romanian aluminium producer implied that...
LME aluminium benchmark price falls to US$2,183/t; SHFE price moves up by US$6/t
LME aluminium opened at US$2223 per tonne in the previous trading day, with its low and high at US$2215 per tonne and US$2233 per tonne, respectively, before closing at US$2222 per tonne, up US$0.5 per tonne or 0.02 per cent. On Thursday, November 23, both LME aluminium cash bid price and LME...
LME benchmark aluminium price notes US$199.50/t Y-o-Y slump reaching US$2194.50/t; SHFE aluminium price descends by 0.79%
On November 22, the LME aluminium live price chart experienced mixed price trends, with the LME aluminium cash bid price and the LME aluminium official price shedding US$7 per tonne or 0.32 per cent to officially close at US$2,194 per tonne and US$2,194.50 per tonne. When the LME aluminium price on...
LME aluminium benchmark price grows by US$9.5/t to US$2,201.5/t; SHFE price falls by US$13/t
LME aluminium opened at US$2244.5 per tonne in the previous trading day, with its low and high at US$2233.5 per tonne and US$2264 per tonne, respectively, before closing at US$2255.5 per tonne, up US$11.5 per tonne or 0.51 per cent. On Tuesday, November 21, both LME aluminium cash bid price and LME...
