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LME benchmark aluminium price ascends to US$2252/t; SHFE aluminium price dwindles by US$1/t
31 OCT 20233MINS

LME benchmark aluminium price ascends to US$2252/t; SHFE aluminium price dwindles by US$1/t

LME aluminium opened at US$2224 per tonne on Monday, with its low and high at US$2221.5 per tonne and US$2224 per tonne, respectively, before closing at US$2263.5 per tonne, up US$38 per tonne or 1.71 per cent. The LME aluminium live price chart, on October 30, witnessed an overall hike in...

LME aluminium price contracts by US$32/t to US$2,170.5/t; SHFE price gains US$38/t
30 OCT 20232MINS

LME aluminium price contracts by US$32/t to US$2,170.5/t; SHFE price gains US$38/t

LME aluminium opened at US$2200 per tonne last Friday, with its low and high at US$2187 per tonne and US$2230.5 per tonne, respectively, before closing at US$2225.5 per tonne, up US$29 per tonne or 1.32 per cent. On Friday, October 27, both LME aluminium cash bid price and LME aluminium official...

LME aluminium price marks two consecutive days of hike reaching US$2202.5/t; SHFE aluminium price plunges US$96/t M-o-M
27 OCT 20232MINS

LME aluminium price marks two consecutive days of hike reaching US$2202.5/t; SHFE aluminium price plunges US$96/t M-o-M

LME aluminium opened at US$2214 per tonne on Thursday, with its low and high at US$2193 per tonne and US$2228 per tonne, respectively, before closing at US$2196.5 per tonne, up 0.7 per cent. On October 26, the LME aluminium live price chart experienced a spike in aluminium prices, with the LME...

LME aluminium benchmark price expands by US$42/t to US$2,188.5/t; SHFE price drops to US$2,603/t
26 OCT 20232MINS

LME aluminium benchmark price expands by US$42/t to US$2,188.5/t; SHFE price drops to US$2,603/t

LME aluminium opened at US$2202 per tonne on Wednesday, with its low and high at US$2199.5 per tonne and US$2223 per tonne respectively before closing at US$2212 per tonne, up 0.27 per cent. On Wednesday, October 25, both LME aluminium cash bid price and LME aluminium official settlement price...

LME aluminium price picks up US$2/t after a fall to reach US$2146.5/t; SHFE price heightens by 1.24%
25 OCT 20232MINS

LME aluminium price picks up US$2/t after a fall to reach US$2146.5/t; SHFE price heightens by 1.24%

Three-month LME aluminum opened at US$2,178 per tonne last evening and closed at US$2,206 per tonne, a rise of US$30 per tonne or 1.38 per cent. On Tuesday, October 24, LME aluminium cash bid price and LME aluminium official settlement price grew by US$2 per tonne, following a fall of US$7.5 per...

LME aluminium benchmark price drops by US$7.5/t to US$2,144.5/t; SHFE price sheds US$10/t
24 OCT 20232MINS

LME aluminium benchmark price drops by US$7.5/t to US$2,144.5/t; SHFE price sheds US$10/t

LME aluminium opened at US$2181.5 per tonne on Monday, with its low and high at US$2162 per tonne and US$2189 per tonne, respectively, before closing at US$2176 per tonne, down 0.18 per cent. On Monday, October 23, LME aluminium cash bid price and LME aluminium official settlement price dropped by...

LME aluminium price grows by US$1.5/t to settle at US$2152/t; SHFE slips marginally to US$2594/t
23 OCT 20232MINS

LME aluminium price grows by US$1.5/t to settle at US$2152/t; SHFE slips marginally to US$2594/t

LME aluminum opened at US$2,188 per tonne last Friday, with its low and high at US$2,169 per tonne and US$2,190.50 per tonne, respectively, before closing at US$2,180 per tonne, a drop of US$10 per tonne or 0.46 per cent. On Friday, October 22, LME aluminium cash bid price and LME aluminium...

LME aluminium price loses US$26/t to settle at US$2178.5/t; SHFE price dips by only US$1/t
20 OCT 20232MINS

LME aluminium price loses US$26/t to settle at US$2178.5/t; SHFE price dips by only US$1/t

LME aluminum opened at US$2,193.50 per tonne on Thursday, with its high and low at US$2,195.50 per tonne and US$2,178.50 per tonne, respectively, before closing at US$2,190.50 per tonne, an increase of US$1.5 per tonne or 0.07 per cent. On Thursday, October 19, LME aluminium cash bid price and LME...

Top 8 new appointees in the aluminium value chain
19 OCT 20236MINS

Top 8 new appointees in the aluminium value chain

Change is the only constant thing in life one can be sure about. Change is everywhere, from the weather around us to our daily schedule to even the leadership in a company. Effective leadership plays a crucial role in achieving an organisation's success, given the inevitability of change within the...

LME benchmark aluminium price gains US$28/t with Y-o-Y drop of 1.09%; SHFE aluminium price rises 2.24% Y-o-Y
19 OCT 20232MINS

LME benchmark aluminium price gains US$28/t with Y-o-Y drop of 1.09%; SHFE aluminium price rises 2.24% Y-o-Y

LME aluminium opened at US$2,180 per tonne on Wednesday, with its high and low at US$2,199 per tonne and US$2,178.5 per tonne, respectively, before closing at US$2,189 per tonne, an increase of US$12 per tonne or 0.55 per cent. The LME aluminium live price chart on October 19 witnessed heightening...

LME aluminium price falls by US$13/t to US$2,148.5/t; SHFE price gains US$17/t
18 OCT 20232MINS

LME aluminium price falls by US$13/t to US$2,148.5/t; SHFE price gains US$17/t

LME aluminium opened at US$2,183.5 per tonne on Tuesday, with its high and low at US$2,186 per tonne and US$2,158.5 per tonne, respectively, before closing at US$2,177 per tonne, a decrease of US$4 per tonne or 0.18 per cent. On Tuesday, October 17, both LME aluminium cash bid price and LME...

Hedge fund Squarepoint Capital acquires $100 million Russian aluminium from LME
17 OCT 20232MINS

Hedge fund Squarepoint Capital acquires $100 million Russian aluminium from LME

Squarepoint Capital LLP, a hedge fund, has recently acquired primarily Russian aluminium from the London Metal Exchange (LME), totalling over $100 million in value. The metal is currently stored in South Korean warehouses, and Squarepoint Capital has expressed its intention to take delivery of...

LME benchmark aluminium price narrows down by US$14.5/t in the week’s start; SHFE aluminium price sheds US$41/t
17 OCT 20232MINS

LME benchmark aluminium price narrows down by US$14.5/t in the week’s start; SHFE aluminium price sheds US$41/t

LME aluminium opened at US$2,193 per tonne on Monday, with its high and low at US$2,205 per tonne and US$2,179 per tonne, respectively, before closing at US$2,181 per tonne, a decrease of US$9 per tonne or 0.41 per cent. On October 16, the LME aluminium live price chart experienced falling price...

LME aluminium benchmark price closes the week with a drop of US$5/t; SHFE price moves down to US$2,613/t
16 OCT 20232MINS

LME aluminium benchmark price closes the week with a drop of US$5/t; SHFE price moves down to US$2,613/t

LME aluminium opened at US$2,204 per tonne last Friday, with its high and low at US$2,212 per tonne and US$2,190 per tonne, respectively, before closing at US$2,190 per tonne, a decrease of US$11 per tonne or 0.5 per cent. On Friday, October 13, both LME aluminium cash bid price and LME aluminium...

LME benchmark aluminium price spikes US$27.50/t M-o-M; SHFE aluminium price on bearish trend since October 11
13 OCT 20232MINS

LME benchmark aluminium price spikes US$27.50/t M-o-M; SHFE aluminium price on bearish trend since October 11

LME aluminium opened at US$2,215 per tonne on Thursday, with its high and low at US$2,228.5 per tonne and US$2,195 per tonne, respectively, before closing at US$2,201per tonne, a decrease of US$12.5 per tonne or 0.56 per cent. The LME aluminium live price chart on October 12 witnessed mixed price...

Russian aluminium stocks share in LME warehouses shrink to 76% during Sept’23
12 OCT 20231MINS

Russian aluminium stocks share in LME warehouses shrink to 76% during Sept’23

According to a report on Tuesday, October 10, the share of Russian aluminium stocks in London Metal Exchange-approved warehouses fell to 76 per cent in September 2023 from 81 per cent in August. The actual amount of Russian stocks on the LME warrant decreased from 183,650 tonnes in August to...

LME aluminium price slips by US$20/t on rising inventory and lower consumption; SHFE price falls by US$21/t
12 OCT 20232MINS

LME aluminium price slips by US$20/t on rising inventory and lower consumption; SHFE price falls by US$21/t

LME aluminium opened at US$2,214.5 per tonne on Wednesday, with its high and low at US$2,227 per tonne and US$2,206 per tonne, respectively, before closing at US$2,213.5 per tonne, a decrease of US$0.5 per tonne or 0.02 per cent. On Wednesday, October 11, both LME aluminium cash bid price and LME...

LME benchmark aluminium price ascends by US$6/t mid-week; SHFE displays mixed aluminium price trends with US$20/t loss
11 OCT 20232MINS

LME benchmark aluminium price ascends by US$6/t mid-week; SHFE displays mixed aluminium price trends with US$20/t loss

LME aluminium opened at US$2,242.50 per tonne on Tuesday, with its high and low at US$2,249.50 per tonne and US$2,211 per tonne, respectively, before closing at US$2,214 per tonne, a decrease of US$32 per tonne or 1.42 per cent. The LME aluminium live price chart, on October 10, experienced...