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 aluminium benchmark price dips by 1% to settle at US$2341.5/t; SHFE price gains US$10/t
Three-month LME aluminium opened at US$2,389 per tonne on Thursday, February 16, and closed at US$2,418 per tonne, an increase of US$33.50 per tonne or 1.4 per cent. On Thursday, February 16, both LME aluminium cash bid price and LME aluminium official settlement price extended fall for the second...
LME aluminium benchmark price descends by US$24/t to US$2,367/t; SHFE price slips by US$17
LME aluminium opened at US$2,414 per tonne on Wednesday and closed at US$2,388 per tonne, a decrease of US$19.5 per tonne or 0.81 per cent. On Wednesday, February 15, both LME aluminium cash bid price and LME official settlement price dropped by US$22.5 per tonne or 0.94 per cent and US$24 per...
LME aluminium benchmark price closes US$8.5/t higher at US$2391/t; SHFE price drops to US$2706/t
After touching a 5-week low on Monday, February 13, both LME aluminium cash bid price and LME aluminium official settlement price grew by US$7.50 per tonne and US$8.50 per tonne the next day to stand at US$2,389 per tonne and US$2,391 per tonne, as of February 14. But the 3-month bid price and...
LME aluminium price hits 5-week low as exchange inventories surge; SHFE price grows to US$2,716/t
LME aluminium opened at $2,459.5 per tonne on Monday and closed at $2,421.5 per tonne, a decrease of $26.5 per tonne or 1.08 per cent. On Monday, February 13, aluminium prices reached five-week lows as rising stockpiles in LME-approved warehouses dampened investor mood. As per the data, both LME...
LME benchmark aluminium price heightens the first time in February by US$10/t; SHFE tanks US$52/t
LME aluminium opened at US$2,504 per tonne last Friday and closed at US$2,455 per tonne, a decrease of US$52 per tonne or 2.07 per cent. The LME aluminium price has been on a constant decline since the beginning of February with the first signs of upward inclination shown last Friday. On February...
Hindalco deducts INR5000/t from its aluminium ingot price with effect from February 10
Hindalco Industries Limited has continued reducing the prices of its aluminium ingot and aluminium products, effective from Friday, February 10, for the past week. Today’s deduction marks the third consecutive cut bringing the company’s aluminium ingot price to INR 230,250 per tonne, down by INR...
LME aluminium price drops by US$44.5/t to US$2,424.50/t; SHFE price loses US$30/t
LME aluminium opened at US$2,488 per tonne on Thursday and dropped to a low of US$2,460 per tonne, but then returned to US$2,500 per tonne and finally closed at US$2,507 per tonne, ending a six-day losing streak. On Thursday, February 9, both LME aluminium cash bid price and LME aluminium official...
LME benchmark aluminium price on a downward trend losses US$3.5/t; SHFE marks US$33/t fall
LME aluminium opened at US$2,535 per tonne on Wednesday and fell to US$2,471 per tonne before closing at US$2,487 per tonne, down 1.87 per cent. On February 8, Wednesday, the LME aluminium cash bid price and the LME aluminium official settlement price dropped by US$3.50 per tonne or 0.14 per cent...
Hindalco’s aluminium products prices see a slash for the second time in less than a week by INR6250/t
Hindalco Industries Limited has significantly reduced its aluminium products and aluminium ingot prices for the second consecutive time, in line with the back-to-back LME aluminium price fall since February 1. With effect from Tuesday, February 7, Hindalco has curtailed its aluminium wire rod price...
NALCO sharply cuts its aluminium prices by INR7800/t on Feb. 7 as LME price plummets by 5% through a week
National Aluminium Company Limited (NALCO) has slashed its aluminium ingot and aluminium products prices after four successive hikes in response to the LME aluminium price plunge during February 1-7, 2023. With effect from February 7, NALCO has curtailed its aluminium ingot price by INR 7,800 per...
LME aluminium price loses US$14/t to US$2,472.50/t; SHFE price moves up by US$9/t
LME aluminium opened at US$2,547 per tonne on Tuesday and dropped to US$2,505 per tonne before closing at US$2,534 per tonne, down 0.37 per cent. On Tuesday, February 7, both LME aluminium cash bid price and LME aluminium official settlement price slipped by US$14 per tonne or 0.56 per cent to...
LME aluminium price glides down by US$73.5/t to US$2486.5/t; SHFE follows an upward trend to US$2810/t
LME aluminium opened at US$2,571 per tonne on Monday and dropped in European trading hours to a low of US$2,503 per tonne before closing at US$2,544 per tonne, down 0.86 per cent. On February 6, Monday, the LME aluminium cash bid price plummeted by US$72 per tonne or 2.8 per cent to stop at...
LME aluminium benchmark price drops to US$2,560/t; SHFE price falls by US$38/t
LME aluminium fell to around US$2,570 per tonne after opening at US$2,607 per tonne last Friday and closed at US$2,566 per tonne, down 1.48 per cent. On Friday, February 3, both LME aluminium cash bid price and LME aluminium official settlement price dropped by US$14 per tonne or 0.54 per cent and...
LME benchmark aluminium price sheds US$38.5/t; SHFE aluminium price dives down by US$30/t
LME aluminium opened at US$2,626.5 per tonne on Thursday and closed at US$2,604.5 per tonne, a decrease of US$1 per tonne or 0.04 per cent. On February 2, Thursday, the LME aluminium cash bid price slumped by US$38 per tonne or 1.45 per cent to log at US$2,572 per tonne and the LME aluminium...
LME aluminium benchmark price surges by US$77.5/t to US$2,611/t; SHFE price grows by US$16/t
LME aluminium opened at US$2,641.5 per tonne on Wednesday and closed the session at US$2,605.5 per tonne, down US$42.5 per tonne or 1.6 per cent. On Wednesday, February 1, both LME aluminium cash bid price and LME aluminium official settlement price surged by US$77.5 per tonne or 3.06 per cent and...
LME benchmark aluminium price slumps by US$43.5/t to US$2533.5/t; SHFE soars US$44/t up
LME aluminium opened at US$2,572 per tonne on Tuesday and closed at US$2,648 per tonne, an increase of US$82 per tonne or 3.2 per cent. On January 31, Tuesday, the LME aluminium cash bid price and the LME aluminium official settlement price plunged by US$43.50 per tonne or 1.69 per cent, settling...
Glencore delivers 40,000 tonnes of Russian aluminium to LME-approved warehouses in South Korea
One of the world’s leading marketers of physical commodities, Glencore, has reportedly delivered 40,000 tonnes of Russian aluminium to the LME-approved warehouses in the South Korean port of Gwangyang, two sources familiar with the matter reported to Reuters. The addition of Russian metal to LME...
LME aluminium price dips by US$20/t to US$2,577/t; SHFE price falls by US$39/t
LME aluminium opened at US$2,631.5 per tonne on Monday and closed at US$2,566 per tonne, a decrease of US$61.5 per tonne or 2.34 per cent. On Monday, January 30, both LME aluminium cash bid price and LME aluminium official settlement price moved down by US$20 per tonne or 0.78 per cent and 0.77 per...
