LME aluminium cash offer rises 0.84% to $3,353/t; stocks remain unchanged at 244,525t
The LME aluminium price moved higher on September 9 compared with the previous trading day, with cash and three-month aluminium prices recording gains, while total warehouse stocks remained unchanged. On September 9, the LME aluminium cash bid price stood at USD 3351.5 per tonne, up USD 27.5 per...
LME aluminium price chart rises further to $3,325/t; stocks remain stable
The London Metal Exchange (LME) aluminium price chart continues to record an upward trend across the pricing and contract segments on the September 8 trading session, reporting gains over the September 7 close . Opening stocks remained stable, not reporting any further decline. The LME aluminium...
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LME benchmark aluminium price shifts 0.25% up while SHFE drops US$17/t
On June 13, Tuesday, the LME aluminium cash bid price and the LME aluminium official settlement price closed at US$2,193 per tonne and US$2,193.50 per tonne, decreasing by US$27.50 per tonne or 1.24 per cent each, if compared with the aluminium price chart of Friday, June 9. It jumped by US$5.50...
LME aluminium price tumbles US$100/t M-o-M by June 9 while SHFE price shifts 0.34% down today
LME aluminium opened at US$2,261 per tonne last Friday, with its low and high at US$2249 per tonne and US$2,284.5 per tonne respectively before closing at US$2,262 per tonne, a drop of US$1.5 per tonne or 0.07 per cent. On June 9, Friday, the LME aluminium cash bid price and the LME aluminium...
LME aluminium benchmark price expands to US$2,187.50/t; SHFE price gains US$26/t
LME aluminium opened at US$2,211.5 per tonne on Thursday, with its low at US$2,211 per tonne before closing at US$2,263.5 per tonne, up US$50.5 per tonne or 2.28 per cent. On Thursday, June 8, both LME aluminium cash bid price and LME aluminium official settlement price hiked by US$19 per tonne or...
India's import price for aluminium scrap fluctuates W-o-W due to uncertainty in LME spot prices
The Indian price chart of imported aluminium scrap has recently projected significant ups and downs, with various grades experiencing highs and lows. The biggest noticeable spike has been US$40 per tonne, while the greatest drop was US$80 per tonne compared to the week gone by. These changes can be...
LME benchmark aluminium price sheds US$3/t; SHFE aluminium gets 0.31% hike amidst higher US interest rates
LME aluminium opened at US$2,208 per tonne on Wednesday, with its high and low at US$2,233 per tonne and US$2,208 per tonne, respectively, before closing at US$2,213 per tonne, up US$7.5 per tonne or 0.34 per cent. Bank of Canada unexpectedly raised interest rates, anticipating US Fed's rate hike...
LME aluminium price plunges by US$44/t to US$2,172/t; SHFE price hikes to US$2,582/t
LME aluminium opened at US$2,238 per tonne on Tuesday, with its low and high at US$2,205.5 per tonne and US$2,246 per tonne, respectively, before closing at US$2,205.5 per tonne, a drop of US$34.5 per tonne or 1.54 per cent. On Tuesday, June 6, both LME aluminium cash bid price and LME aluminium...
LME benchmark aluminium price skids by US$47.50/t to US$2216/t; SHFE marks W-o-W drop of US$3/t
LME aluminium opened at US$2,267.5 per tonne Monday, with its low and high at US$2,233 per tonne and US$2,273.5 per tonne respectively before closing at US$2,240 per tonne, a drop of US$27.5 per tonne or 1.21 per cent. Despite concerns about a global economic downturn, there is some positive news...
LME aluminium price contracts by US$17.5/t to US$2,263.50/t; SHFE price declines by US$26/t
LME aluminium opened at US$2,275 per tonne last Friday, with its low and high at US$2,256 per tonne and US$2,314.5 per tonne, respectively, before closing at US$2,267.5 per tonne, a drop of US$2.5 per tonne or 0.11 per cent. On Friday, June 2, both LME aluminium cash bid price and LME aluminium...
Primary aluminium weekly: AL Circle and the aluminium industry at large grieve the demise of Mr Bhavani Shankar Pani
The primary sector witnessed a great loss last week when news about Mr Bhavani Shankar Pani came floating. A member of Utkal Chamber of Commerce (UCC), and the former DGM (Technical) of NALCO closed his eyes on Saturday, 11:20 PM, at HCG Oncology Hospital in Bengaluru. Team AL Circle is saddened by...
LME benchmark aluminium price faces 15.56% Y-o-Y decline on June 1; SHFE aluminium dips US$42/t
LME aluminium opened at US$2,243.5 per tonne on Thursday, with its low and high at US$2,233.5 per tonne and US$2,292.5 per tonne respectively before closing at US$2,270 per tonne, up US$23 per tonne or 1.02 per cent. On June 1, Thursday, the LME aluminium cash bid price and the LME aluminium...
LME aluminium benchmark price hikes by US$25/t to US$2,255/t; SHFE price grows to US$2,581/t
LME aluminium opened at US$2,227.5 per tonne on Wednesday, with its low and high at US$2,201 per tonne and US$2,249 per tonne, respectively, before closing at US$2,247 per tonne, up US$19 per tonne or 0.85 per cent. On Wednesday, May 31, both LME aluminium cash bid price and LME aluminium official...
Imported aluminium scrap prices in India record significant fluctuations W-o-W
Imported aluminium scrap prices in India have experienced significant volatility, where several grades witnessed a growth of upto $40 per tonne and a decline of up to $10 per tonne for some grades when compared on a W-o-W basis. These fluctuations can be related to the patterns seen on the London...
LME benchmark aluminium price loses US$12/t after Spring Bank Holiday; SHFE descends by US$10/t
LME aluminium closed at US$2,228 per tonne, a drop of US$7.5 per tonne or 0.67 per cent. On May 30, Tuesday, the LME aluminium cash bid price and the LME aluminium official settlement price halted at US$2,229.50 per tonne and US$2,230 per tonne, diving US$11.50 per tonne or 0.51 per cent and US$12...
SHFE price dips by US$5/t to US$2,575/t; LME aluminium is closed for Spring Bank Holiday
On Tuesday, May 30, the SHFE aluminium has lost US$5 per tonne or 0.19 per cent to close at US$2,575 per tonne. The most-traded SHFE 2307 aluminium contract opened at RMB 18,055 per tonne overnight, with its low and high at RMB 17,885 per tonne and RMB 18,065 per tonne before closing at RMB 18,070...
LME aluminium price gains US$6/t but marks Y-o-Y fall of 20.65%; SHFE grows 1.1%
LME aluminium opened at US$2,219 per tonne last Friday, with its low and high at US$2,209 per tonne and US$2,265 per tonne, respectively, before closing at US$2,243 per tonne, up US$29 per tonne or 1.31 per cent. On May 26, Friday, the LME aluminium cash bid price and the LME aluminium official...
LME aluminium price moves up by 0.08% to US$2,236/t; SHFE price gains US$22/t
LME aluminium opened at US$2,209 per tonne on Thursday, with its low and high at US$2,193 per tonne and US$2,239 per tonne, respectively, before closing at US$2,214 per tonne, up US$8 per tonne or 0.36 per cent. On Thursday, May 25, both LME aluminium cash bid price and LME aluminium official...
Imported aluminium scrap prices in India record significant changes W-o-W
Imported aluminium scrap prices in India have recorded significant changes recently. As per the data, this week, some grades of aluminium scrap grew to $55 per tonne, whereas specific grades saw a drop of up to $30 per tonne compared to the previous week. These price changes may be attributable to...
LME benchmark aluminium price marks 1.45% hike while SHFE aluminium price releases US$19/t
LME aluminium opened at US$2,225 per tonne on Wednesday, with its low and high at US$2,190 per tonne and US$2,236.5 per tonne, respectively, before closing at US$2,206 per tonne, a drop of US$13 per tonne or 0.63 per cent. There is uncertainty in the macroeconomic environment due to the failure of...
