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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HLIB Research believes understated aluminium prices will pose further challenges to Press Metal
Press Metal Aluminium Holdings Bhd recently missed its expected earnings, which may continue in the quarters ahead. According to Hong Leong Investment Bank (HLIB) Research, South-East Asia’s largest aluminium producer is likely to experience a gloomy future due to subdued aluminium prices in the...
LME aluminium live price chart catalogues US$24/t spike on August 30; SHFE aluminium price soars by US$41/t
LME aluminium opened at US$2,172.50 per tonne on Wednesday, with its high and low at US$2,207 per tonne and US$2,164.5 per tonne, respectively, before closing at US$2,201.50 per tonne, an increase of US$33 per tonne or 1.52 per cent from the previous trading day. The LME aluminium live price chart...
LME aluminium price drops to US$2,116.5/t; SHFE price expands by US$21/t
LME aluminium opened at US$2,152 per tonne on Tuesday, with its high and low at US$2,179.5 per tonne and US$2,152 per tonne, respectively, before closing at US$2,169 per tonne, an increase of US$18.5 per tonne or 0.86 per cent from the previous trading day. On Tuesday, August 29, both LME aluminium...
LME aluminium price moves up by US$4.5/t to US$2,124/t; SHFE price grows to US$2,570/t
LME aluminium opened at US$2,155 per tonne on Friday, with its high and low at US$2,178.5 per tonne and US$2,147 per tonne, respectively, before closing at US$2,151 per tonne, a decrease of US$6.50 per tonne or 0.30 per cent from the previous trading day. On August Friday 25, both LME aluminium...
Primary aluminium weekly recap: Mahanadi Coalfields wants Government approval of INR 34,072 crore in Greenfield aluminium project
The primary aluminium sector has been busy with various crucial activities last week. As the world moves toward a sustainable, carbon-free future, energy-intensive industries must turn their production lines greener to achieve Net Zero. The Chalco Qinghai Branch was among the top Ten Chinese...
LME aluminium official price skids by US$9.5/t to US42119.5/t; SHFE aluminium price drops US$3/t
LME aluminium opened at US$2,177 per tonne on Thursday, with its high and low at US$2,182.5 per tonne and US$2,154 per tonne, respectively, before closing at US$2,154.5 per tonne, a decrease of US$20.50 per tonne or 0.94 per cent from the previous trading day. On August 24, the LME aluminium live...
LME aluminium benchmark price grows by US$7.5/t to US$2,129/t; SHFE price loses US$13/t
LME aluminium opened at US$2,179 per tonne on Wednesday with its high and low at US$2,192.5 per tonne and US$2,171.5 per tonne respectively before closing at US$2,175 per tonne, a decrease of US$6 per tonne or 0.28 per cent from the previous trading day. On Wednesday, August 23, both LME aluminium...
Citigroup buys $160 million of Russian aluminium from LME; will it lower Russian-origin stocks in LME?
According to a recent report, Citigroup Inc., an American multinational investment bank and financial services corporation, has bought about $160 million worth of Russian aluminium, produced at Rusal, from the London Metal Exchange. Russian-origin stocks in LME-registered warehouses have been...
LME official aluminium price rallies US$53/t upwards; SHFE aluminium price grows 1.7% W-o-W
LME aluminium prices closed at US$2181 per tonne overnight, an increase of US$35.5 per tonne or 1.65 per cent. The London Metal Exchange on August 22 marked escalating aluminium prices, with the LME aluminium cash bid price and the LME aluminium official settlement price uniformly releasing US$53...
LME aluminium inventories reach one-month high citing South Korean stock inflows
According to data from the London Metal Exchange, inventories of aluminium in registered warehouses have increased to their highest level in over a month. This is due to the inflow of 38,725 tonnes into South Korea, presently stored at the Gwangyang port. As a result, the overall LME inventories...
LME aluminium price drops to US$2,068.5/t; SHFE price hikes by US$35/t to US$2,559/t
LME aluminium opened at US$2,147 per tonne on Monday, with its high and low at US$2,150.5 per tonne and US$2,115 per tonne, respectively, before closing at US$2,145.5 per tonne, an increase of US$7 per tonne or 0.33 per cent from the previous trading day. On Monday, August 21, both LME aluminium...
LME official aluminium price loses 7.62% Q-o-Q with price fluctuations in August; SHFE aluminium price sheds US$4/t
LME aluminium opened at US$2,144 per tonne last Friday, with its high and low at US$2,159 per tonne and US$2,135 per tonne, respectively, before closing at US$2,138 per tonne, a decrease of US$4.5 per tonne or 0.21 per cent from the previous trading day. On August 18, the London Metal Exchange...
LME aluminium benchmark price gains US$42/t to US$2,131/t; SHFE price inches down to US$2,528/t
LME aluminium opened at US$2,132 per tonne on Thursday, with its high and low at US$2,186 per tonne and US$2,132 per tonne, respectively, before closing at US$2,146 per tonne, an increase of US$3 per tonne or 0.14 per cent from the previous trading day. On Thursday, August 17, both LME aluminium...
LME aluminium live price chart measures US$106/t M-o-M drop in aluminium ingot prices; SHFE aluminium earns US$6/t
LME aluminium opened at US$2,142 per tonne on Wednesday, with its high and low at US$2,151.5 per tonne and US$2,130 per tonne, respectively, before closing at US$2,145.5 per tonne, an increase of US$3 per tonne or 0.19 per cent from the previous trading day. The London Metal Exchange , on August...
LME aluminium price drops to US$2,085.5/t; SHFE price slips by US$2/t to US$2,535/t
LME aluminium opened at US$2,147 per tonne on Tuesday, with its high and low at US$2,171.5 per tonne and US$2,136.5 per tonne, respectively, before closing at US$2,141.5 per tonne, a decrease of US$4.5 per tonne or 0.21 per cent from the previous trading day. On Tuesday, August 15, both LME...
LME aluminium live price chart shows US$31/t drop on August 14; SHFE aluminium price negates US$5/t
LME aluminium opened at US$2,180 per tonne on Monday with its high and low at US$2,180 per tonne and US$2,143.5 per tonne respectively before closing at US$2146.5 per tonne, a decrease of US$29 per tonne or 1.33 per cent from the previous trading day. On August 14, the London Metal Exchange...
India’s Navratna firm NALCO posts a 40% fall in profit for Q1 FY2024, holding limped LME prices responsible
National Aluminium Company Limited (NALCO), a Schedule ‘A’ Navratna CPSE, reported last week that its quarterly profit for Q1 FY2023-24 recorded a 40 per cent fall, attributed to sluggish global aluminium prices and mediocre demand. NALCO said that it earned a consolidated profit of INR 3.34...
LME aluminium price slumps to US$2,127/t; SHFE price dwindles by US$41/t
LME aluminium opened at US$2,197 per tonne last Friday, with its high and low at US$2,206 per tonne and US$2,166 per tonne, respectively, before closing at US$2,178.5 per tonne, a decrease of US$25.5 per tonne or 1.16 per cent from the previous trading day. On Friday, August 11, the London Metal...
