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 aluminium price mounts 1.86% M-o-M with an average US$2,100 mark; SHFE ascends 1.1% today
LME aluminium opened at US$2213 per tonne in the previous trading day, with its low and high at US$2211 per tonne and US$2247 per tonne, respectively, before closing at US$2244 per tonne, up US$28 per tonne or 1.26 per cent. The LME aluminium live price chart on November 20 witnessed a spike in...
LME aluminium benchmark price drops to US$2,165/t; SHFE price gains US$37/t to US$2,638/t
LME aluminium opened at US$2212.5 per tonne in the previous trading day, with its low and high at US$2196 per tonne and US$2218 per tonne, respectively, before closing at US$2216 per tonne, up US$4.5 per tonne or 0.2 per cent. On Friday, November 17, LME aluminium cash bid price and LME aluminium...
LME benchmark aluminium price loses US$11.50/t; SHFE aluminium price sheds US$11/t mid-November
LME aluminium opened at US$2233 per tonne in the previous trading day, with its low and high at US$2211.5 per tonne and US$2234 per tonne, respectively, before closing at US$2211.5 per tonne, down US$23.5 per tonne or 1.05 per cent. The LME aluminium live price chart on November 16 witnessed...
LME benchmark aluminium price dips US$26.5/t mid-week; SHFE aluminium price adds US$25/t
LME aluminium opened at US$2235 per tonne in the previous trading day, with its low and high at US$2214 per tonne and US$2244.5 per tonne, respectively, before closing at US$2224 per tonne, down US$6 per tonne or a decrease of 0.27 per cent. On November 14, the LME aluminium live price chart...
LME aluminium price sees a 0.68% rise to US$2,220.5/t; SHFE price grows slightly by US$4/t
LME aluminum opened at US$2,222.50 per tonne on Monday, with its low and high at US$2,203 per tonne and $2,235 per tonne, respectively, before closing at US$2,230 per tonne, up US$9 per tonne or 0.41 per cent. On Monday, November 13, the LME aluminium cash bid price and LME aluminium official...
Century Aluminum posts an 11% Q-o-Q fall in net income on lower shipments and poor LME prices
Century Aluminum Company, a global primary aluminium producer with operations in the United States and Iceland, announced its third quarter results for 2023 last week, disclosing a fall of 10.97 per cent in net income attributable to Century stakeholders. Net income in Q3 2023 stood at US$13.8...
Russian aluminium dominates LME-registered warehouses, surges to 79.5% market share
In October 2023, the proportion of aluminium stocks with Russian origins in London Metal Exchange-registered (LME) warehouses increased to 79.5 per cent, up from 76 per cent in September 2023, according to data published on the exchange's website, as reported by a world’s largest news media agency....
Alba’s Q3 2023 profit records a sharp fall of 64% Y-o-Y despite higher sales volume; Poor LME prices are held responsible
Aluminium Bahrain B.S.C. (Alba) has announced its third quarter financial results for 2023, whereby it disclosed a profit of BD17.3 million ($46 million), down by 64 per cent from the last year due to poor LME prices and lower premiums. The company’s revenue also edged a fall Y-o-Y from BD403.2...
LME aluminium benchmark price faces fluctuations in November, down US$30.5/t; SHFE aluminium price maintains US$2600/t mark
LME aluminium opened at US$2261.5 per tonne on Thursday, with its low and high at US$2233 per tonne and US$2266 per tonne respectively before closing at US$2238 per tonne, down US$26 per tonne, or a decrease of 1.13 per cent. The LME aluminium live price chart , on November 9 marked an overall...
LME aluminium benchmark price gains US$17.5/t to US$2,258.50/t; SHFE price dips by US$5/t
LME aluminium opened at US$2273.5 per tonne on Wednesday, low and high at US$2262 per tonne and US$2279 per tonne, respectively, before closing at US$2264 per tonne, down US$17 per tonne or 0.07 per cent. On Thursday, November 8, both LME aluminium cash bid price and LME aluminium official...
LME aluminium benchmark price tumbles US$13/t down to US$2241/t; SHFE aluminium price negates 0.22%
LME aluminium opened at US$2286.0 per tonne on Tuesday, with its low and high at US$2253.0 per tonne and US$2286.0 per tonne, respectively, before closing at US$2277.0 per tonne, down US$9 per tonne or 0.39 per cent. On November 7, the LME aluminium live price chart spotted slightly declining...
LME aluminium benchmark price expands by US$34.5/t; SHFE price ascends to US$2,655/t
LME aluminium opened at US$2253 per tonne on Monday, with its low and high at US$2243 per tonne and US$2295 per tonne respectively before closing at US$2286 per tonne, up US$33 per tonne or 1.42 per cent. On Monday, November 6, both LME aluminium cash bid price and LME aluminium official settlement...
LME aluminium benchmark price ascends by US$1.5/t to US$2219.5/t; SHFE aluminium price glides up US$92/t Y-o-Y
LME aluminium opened at US$2232.5 per tonne last Friday, with its low and high at US$2229.5 per tonne and US$2260 per tonne, respectively, before closing at US$2256.5 per tonne, up 0.98 per cent. The LME aluminium live price chart , on November 3, marked a slight elevation in aluminium prices, with...
Primary aluminium recap: Yunnan province begins 1.5 MT output cut; Indian aluminium companies reduce product prices by INR3000/t
The primary aluminium industry, which is considered to be an epicentre of the aluminium value chain, is always spotted with crucial occurrences. This week was no exception, and the most vital event was the commencement of productions at aluminium smelters in Yunnan. This phenomenon is expected to...
Hindalco & Vedanta’s aluminium ingot prices encounter a cut of INR3000/t this week
Indian aluminium giants, including Hindalco Industries Ltd, Vedanta Ltd, and National Aluminium Corporation (NALCO), have reportedly reduced their aluminium prices in response to the LME aluminium price fall this week from October 30 to November 3. The LME aluminium benchmark price encountered a...
LME aluminium benchmark price drops to US$2,218/t; SHFE price loses US$7/t to US$2,628/t
LME aluminium opened at US$2244.5 per tonne on Thursday, with its low and high at US$2224.5 per tonne and US$2251.5 per tonne, respectively, before closing at US$2232 per tonne, down 0.47 per cent. On Thursday, November 2, both LME aluminium cash bid price and LME aluminium official settlement...
LME benchmark aluminium price discards US$4.50/t on November 1; SHFE aluminium price floats by US$7/t
LME aluminium opened at US$2246 per tonne on Wednesday, with its low and high at US$2233.5 per tonne and US$2257 per tonne, respectively, before closing at US$2242.5 per tonne, down 0.16 per cent. On November 1, the LME aluminium live price chart experienced a slump in aluminium prices, with the...
LME aluminium benchmark price drops by US$17/t to US$2,235/t; SHFE price moves up by US$2/t
Three-month LME aluminium opened at US$2261.5 per tonne last evening and closed at US$2246 per tonne, a decline of US$17.5 per tonne or 0.77 per cent. On Tuesday, October 31, both LME aluminium cash bid price and LME aluminium official settlement price dropped by US$16.5 per tonne or 0.73 per cent...
