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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Hindalco’s aluminium ingot price further accumulates INR5000/t on January 11
Hindalco Industries Limited has hiked its aluminium ingot and aluminium products prices for the second day in a row on January 11, 2023. With the recent price rise, the company’s aluminium ingot price has come in at INR 226,750 per tonne per tonne, up by INR 5,000 per tonne or 2.25 per cent from...
LME benchmark aluminium price arrives at US$2397/t with 2.59% boost; SHFE amps up by US$11/t
LME aluminium opened at US$2,423 per tonne on Tuesday and closed at US$2,458 per tonne, an increase of US$19.8 per tonne or 0.8 per cent. On January 10, Tuesday, LME aluminium cash bid price floated up by US$59 per tonne or 2.52 per cent, closing at US$2,395 per tonne and the LME aluminium official...
Vedanta Ltd lifts its aluminium ingot price by INR7,750/t with effect from January 10
Vedanta Limited has lifted its aluminium ingot and aluminium products prices by INR 7,750 per tonne, with effect from Tuesday, January 10. That has brought the company’s aluminium ingot price to INR 222,750-253,250 per tonne versus INR 215,000-245,500 per tonne on January 7. Vedanta’s aluminium...
LME aluminium price expands by US$94/t to US$2336.50/t; SHFE price ascends by US$38/t
LME aluminium opened at US$2,313 per tonne on Monday and closed at US$2,425 per tonne, an increase of US$129.5 per tonne or 5.64 per cent. On Monday, January 9, both LME aluminium cash bid price and LME aluminium official settlement price expanded by US$94 per tonne or 4.19 per cent to settle at...
LME benchmark aluminium price slumps by US$27.5/t; SHFE marks US$39/t upward stroke
LME aluminium opened at US$2,259.5 per tonne last Friday and closed at US$2,308 per tonne, an increase of US$52.5 per tonne or 2.33 per cent. On January 6, Friday, LME aluminium cash bid price plunged by US$26 per tonne or 1.15 per cent, closing the week at US$2,242 per tonne and the LME aluminium...
NALCO reduces its aluminium ingot price by INR9400/t on Jan 6 in line with LME price contract
National Aluminium Company Limited (NALCO) has slashed its aluminium ingot and aluminium products prices, with effect from January 6, in line with the plunge in LME aluminium benchmark price by US$95 per tonne through the last week. NALCO has sharply cut its aluminium ingot price by INR 9,400 per...
LME aluminium benchmark price gains US$20/t to US$2,270/t; SHFE price drops by US$27/t
LME aluminium opened at US$2,257.5 per tonne on Thursday, with its high and low at US$2,267 per tonne and US$2,255.5 per tonne, respectively, before closing at US$2,256 per tonne, flat from the previous trading day. On Thursday, January 5, both LME aluminium cash bid price and LME aluminium...
LME benchmark aluminium price glides down by 3.74% to US$2250/t; SHFE releases US$56/t
LME aluminium opened at US$2,272 per tonne on Wednesday, with its high and low at US$2,277 per tonne and US$2,265 per tonne respectively before closing at US$2,267 per tonne, a drop of US$6 per tonne or 0.22 per cent. On January 4, Wednesday, LME aluminium cash bid price went down by US$88 per...
LME aluminium price drops by US$23/t to US$2,337.5/t; SHFE price plunges to US$2,622/t
LME aluminium opened at US$2,318 per tonne on Tuesday, with its high and low at US$2,318.5 per tonne and US$2,309 per tonne, respectively, before closing at US$2,311 per tonne, a drop of US$7 per tonne or 0.3 per cent. On Tuesday, December 3, both LME aluminium cash bid price and LME aluminium...
SHFE aluminium price droops down to US$2678/t with US$14/t loss; LME is closed for New Year Holidays
Today, on January 3, the benchmark aluminium price for SHFE has plunged by US$14 per tonne or 0.52 per cent to halt at US$2,678 per tonne. The most-traded SHFE 2302 aluminium contract opened at RMB 18,720 per tonne at last Friday’s day session, with its high and low at RMB 18,770 per tonne and RMB...
LME aluminium price closes the week with a dip of US$11/t; SHFE market is closed for New Year’s Holiday
On Friday, December 30, both LME aluminium cash bid price and LME aluminium official settlement price closed the week with a dip of US$11 per tonne or 0.46 per cent to close at US$2,360 per tonne and US$2,360.50 per tonne. As per the SMM data, 3-month bid price and 3-month offer price also slipped...
LME benchmark aluminium price hovers up US$28.5/t; SHFE gets US$5/t boost
LME aluminium opened at US$2,376 per tonne on Thursday, with its high and low at US$2,417 per tonne and US$2,372 per tonne, respectively, before closing at US$2,411.5 per tonne, an increase of US$36.5 per tonne or 1.54 per cent. On December 29, Thursday LME aluminium cash bid price jumped up by...
LME aluminium price inches up by US$1/t to US$2,343/t; SHFE price slips to US$2,687 per tonne
LME aluminium opened at US$2,408 per tonne on Wednesday, with its high and low at US$2,433 per tonne and US$2,371 per tonne, respectively, before closing at US$2,375 per tonne, a drop of US$20.5 per tonne or 0.86 per cent. On Wednesday, December 28, both LME aluminium cash bid price and LME...
SHFE jumps up US$9/t to US$2726/t; LME remains closed to honour Boxing Day
Today, on December 28, the SHFE benchmark aluminium price has ascended by US$9 per tonne or 0.33 per cent to reside at US$2,726 per tonne. Overnight, the most-traded SHFE 2302 aluminium contract opened at RMB 19,060 per tonne, with its low and high at RMB 18,980 per tonne and RMB 19,015 per tonne...
SHFE price mounts to US$2,717/t; LME aluminium is closed for Christmas holiday
Today, on December 27, the SHFE benchmark aluminium price has hiked by US$51 per tonne or 1.91 per cent to reside at US$2,717 per tonne. The most-traded SHFE 2301 aluminium closed up 0.46 per cent or RMB 85 per tonne at RMB 18,715 per tonne, with open interest down 18,232 lots to 76,410 lots....
LME benchmark aluminium price slips by US$20/t; SHFE gains US$2/t after Christmas week
LME aluminium opened at US$2,391.5 per tonne last Monday, with its high and low at US$2,410 per tonne and US$2,363 per tonne respectively before closing at US$2,395.5 per tonne, an increase of US$3.5 per tonne or 0.15 per cent. On December 23, Friday, LME aluminium cash bid price slumped by...
Hindalco Industries lifts aluminium wire rod price by INR3250/t with effect from December 22
Hindalco Industries Limited has lifted its aluminium products prices by INR 3,250 per tonne, with effect from Thursday, December 22, following back-to-back cuts over a week. With the latest hike, Hindalco’s aluminium wire rod price has come in at INR 235,850 per tonne versus INR 232,600 per tonne...
LME aluminium price moves up by US$5/t to US$2,362/t; SHFE price slips by US$19/t
LME aluminium opened at US$2,396 per tonne on Thursday, with its high and low at US$2,411 per tonne and US$2,380 per tonne, respectively, before closing at US$2,392 per tonne, down US$3.5 per tonne or 0.15 per cent. On Thursday, December 22, both LME aluminium cash bid price and LME aluminium...
