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 marks an elevation of US$27.5/t; SHFE witnesses US$10/t spike
LME aluminium opened at US$2,377 per tonne on Wednesday, with its high and low at US$2,418 per tonne and US$2,376 per tonne respectively before closing at US$2,392 per tonne, a gain of US$20.5 per tonne or 0.86 per cent. On December 21, Wednesday, LME aluminium cash bid price jumped up by US$26 per...
LME aluminium price grows slightly by US$2.5/t; SHFE also hikes reaching at US$2673/t
LME aluminium opened at US$2,370 per tonne on Tuesday, December 20, with high and low at US$2,410 per tonne and US$2,363.50 per tonne, respectively, before closing at US$2,371.50 per tonne, a gain of US$1.5 per tonne or 0.06 per cent. On Tuesday, December 20, LME aluminium cash bid price slightly...
LME aluminium price falls by US$27/t to US$2,327/t; SHFE price dips by US$17/t
LME aluminium opened at US$2,394 per tonne Monday, with its high and low at US$2,402.5 per tonne and US$2,358.5 per tonne, respectively, before closing at US$2,370 per tonne, a drop of US$9 per tonne or 0.38 per cent. On Monday, December 19, both LME aluminium cash bid price and LME aluminium...
LME benchmark aluminium price subsides by US$42/t to US$2354/t; SHFE aluminium price sheds US$4/t
LME aluminium opened at US$2,390 per tonne last Friday, with its high and low at US$2,421 per tonne and US$2,372 per tonne, respectively before closing at US$2,379 per tonne, a drop of US$7 per tonne or 0.29 per cent. On December 16, Friday, LME aluminium cash bid price and the LME aluminium...
Primary aluminium weekly recap: Vedanta releases 'Accelerating to Net Zero’ report for FY 2021-22; Biden not pleased with WTO ruling against 2018 tariffs on foreign aluminium and steel
The primary aluminium sector is gradually adopting more sustainable drives to build a better future for the upcoming generation. Vedanta's subsidiary, Bharat Aluminium Company Limited (BALCO), is exploring biodiesel applications across plant operations to decarbonise emissions, whereas the parent...
Vedanta’s aluminium ingot price gains INR1250/t on December 16 as LME price grows slightly
Vedanta Limited’s aluminium ingot and aluminium products prices have rebounded on December 16 after a dip on the previous day. On Thursday, December 15, the company cut its aluminium ingot selling price by INR 1,250 per tonne to INR 228,250- 259,250 per tonne but added to same amount on the next...
LME aluminium price augments by US$16.5/t to settle at US$2396/t; SHFE price nosedives by US$79/t
Three-month LME aluminium opened at US$2,446 per tonne on Thursday, December 5, with high and low at US$2,450 per tonne and US$2,375.50 per tonne, respectively, before closing at US$2,386 per tonne, a drop of US$66 per tonne or 2.69 per cent. On Thursday, December 15, LME aluminium cash bid price...
LME benchmark aluminium price dips by US$8.5/t; SHFE levitates to US$2760/t with US$7/t gain
LME aluminium opened at US$2,455 per tonne on Wednesday, with its high and low at US$2,466.5 per tonne and US$2,423 per tonne respectively before closing at US$2,452 per tonne, a drop of US$2.5 per tonne or 0.1 per cent. On December 14, Wednesday, LME aluminium cash bid price slumped by RMB 8 per...
RHB Research identifies Press Metal as potential low carbon aluminium provider in ASEAN
The RHB Research Institute in Malaysia has declared that Press Metal Aluminium Holdings Bhd is one of its biggest alternatives for providing low-carbon aluminium opposing the smelters in the ASEAN vicinity. The risk-reward factor for the basic raw materials industry would be on a constant rise with...
LME aluminium benchmark price loses US$2/t to US$2,388/t; SHFE price expands by US$44/t
LME aluminium opened at US$2,418 per tonne on Tuesday, with its high and low at US$2,485 per tonne and US$2,407 per tonne, respectively, before closing at US$2,454 per tonne, an increase of US$43.5 per tonne or 1.8 per cent. On Tuesday, December 13, both LME aluminium cash bid price and LME...
Vedanta curtails its aluminium wire rod & billet prices by 2% with effect from December 13
Vedanta Industries Limited has curtailed its aluminium products and aluminium ingot prices by 2.2 per cent or INR 5,500 per tonne, with effect from December 13, bringing the aluminium wire rod price to INR 235,750- 243,250 per tonne. Prior to this, the last revision of price was on December 6 when...
Hindalco amends aluminium ingot price after a week, cuts it by INR5500/t in line with LME price downtrend
Hindalco Industries Limited has slashed its aluminium ingot and aluminium products prices, with effect from Tuesday, December 13, following a hike a weak ago. According to the latest price chart revealed by the company, aluminium ingot price has experienced a cut of INR 5,500 per tonne or 2.36 per...
LME benchmark aluminium price tumbles down to US$2390/t with US$63.5/t loss; SHFE also sheds US$19/t
LME aluminium opened at US$2,468 per tonne on Monday, with its high and low at US$2,468 per tonne and US$2,402 per tonne respectively before closing at US$2,411 per tonne, a drop of US$59 per tonne or 2.39 per cent. On December 12, Monday, LME aluminium cash bid price and the LME aluminium official...
LME aluminium price loses US$15/t to US$2,453.50/t; SHFE price slips to US$2,728/t
LME aluminium opened at US$2,499.5 per tonne last Friday, with its high and low at US$2,517 per tonne and US$2,470 per tonne, respectively, before closing at US$2,470 per tonne, a drop of US$30 per tonne or 1.2 per cent. On Friday, December 9, both LME aluminium cash bid price and LME aluminium...
NALCO’s aluminium ingot price ascends by INR14700/t with effect from December 7
National Aluminium Company Limited (NALCO) has elevated its aluminium ingot and aluminium products prices, effective from December 7, in line with the LME aluminium price hike over a week. NALCO has significantly increased its aluminium ingot price by INR 14,700 per tonne or 6.6 per cent from INR...
LME benchmark aluminium price expands by US$18/t; SHFE marks US$7/t loss
LME aluminium opened at US$2,500 per tonne on Thursday, and fluctuated around its opening price before closing at US$2,500 per tonne. On December 8, Thursday LME aluminium cash bid price escalated by US$17.50 per tonne or 0.71 per cent, closing at US$2,467.50 per tonne and the LME aluminium...
LME aluminium benchmark price falls by US$10.5/t to US$2,450.50/t; SHFE price moves down by US$3/t
The most-traded SHFE 2301 opened at RMB 19,140 per tonne overnight and then closed the night session at RMB 19,185 per tonne, down RMB 70 per tonne or 0.36 per cent. On Wednesday, December 7, both LME aluminium cash bid price and LME aluminium official settlement price slipped by US$10.5 per tonne...
LME benchmark aluminium price subsides by US$24/t; SHFE faces US$10/t surge
LME aluminium opened at US$2,505 per tonne on Tuesday, with its high at US$2,529.5 per tonne before closing at US$2,500 per tonne, a drop of US$7 per tonne or 0.28 per cent. On December 6, Tuesday LME aluminium cash bid price and the LME aluminium official settlement price plunged by US$24 per...
