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...
Grow with
AL Circle
Vedanta’s aluminium ingot price sees a cut of INR4000/t with effect from September 7
Vedanta Limited has again reduced its aluminium ingot and aluminium products prices, with effect from Wednesday, September 7, following an intermittent raise on September 3. With the latest cut, the company’s aluminium ingot price has come in at INR 209,250- 238,750 per tonne, down by INR 4,000 per...
LME aluminium price slips by US$29.5/t to US$2,230.50/t; SHFE price ascends to US$2,650/t
LME aluminium opened at $2,263 per tonne on Wednesday and closed at $2,241 per tonne. On Wednesday, September 7, both LME aluminium cash bid price and LME aluminium official settlement price dropped by US$28 per tonne or 1.24 per cent and US$29.5 per tonne or 1.30 per cent to settle at US$2,230 per...
Hindalco continues to cut its aluminium billets price by 1% with effect from September 7
Hindalco Industries Limited has continued to reduce its aluminium products and aluminium ingot prices, with effect from Wednesday, September 7, in response to the relentless downfall of the LME aluminium benchmark price. Hindalco has cut its aluminium billets price by INR 2,500 per tonnes or 1.12...
LME benchmark aluminium price slides down by US$32/t; SHFE stands 1.09% lower following 3 straight days of rise
LME aluminium opened at US$2,289.50 per tonne on Tuesday and closed at US$2,260.50 per tonne. LME aluminium cash bid price halted at US$2,258 per tonne, striped down by 1.4 per cent or US$32 per tonne on Tuesday, September 6, while LME aluminium official settlement price rested at US$2,260 per...
Vedanta increases its aluminium wire rod price by INR1250/t on Sept. 3 amid continued LME price fall
Vedanta Limited has slightly stretched its aluminium products and aluminium ingot prices, with effect from September 3, following a slash on the day before. As per the revised price list revealed by Vedanta, the company’s aluminium wire rod price has come in at INR 220,750-228,250 per tonne, up by...
LME aluminium price drifts lower by US$18.5/t to US$2,290.50/t; SHFE price ascends to US$2,661/t
LME aluminium opened at US$2,302 per tonne on Monday and closed at US$2,288 per tonne. On Monday, September 5, both LME aluminium cash bid price and LME aluminium official settlement price slumped by US$18 per tonne or 0.77 per cent and US$18.5 per tonne or 0.80 per cent to settle at US$2,290 per...
LME benchmark aluminium price gains US$3/t with balance returning to the economy; SHFE fetches US$26/t
LME aluminium opened at US$2,310.5 per tonne last Friday and closed at US$2,305 per tonne. On the bright side power supply at Sichuan province has increased leading to a recovery of balance in the economy with aluminium production rising up. LME aluminium cash bid price stopped at US$2,308 per...
Hulamin posts a 147% jump in half-yearly earnings; revenue grows 45% despite increased production costs
Hulamin, a South African aluminium supplier and exporter, announced robust earnings, with a hike of 147 per cent for the first half of 2022 ended June 30. Revenue rose by 45 per cent to R7.9 billion, and operating profit surged by 144 per cent to R223 million amid the challenges posed on working...
LME aluminium price hits 16-month low at US$2,306/t on weak demand; SHFE price plunges by US$41/t
LME aluminium opened at US$2,310.5 per tonne on Thursday and closed at US$2,316.5 per tonne, an increase of US$11.5 per tonne or 0.5 per cent. On Thursday, the price of aluminium fell to its lowest level in 16 months as new concerns about poor demand arose in the wake of disappointing economic...
US primary aluminium production in 2Q2022 reflects 1.24% rise, bringing total output in H1 to 485,000 tonnes
The United States’ domestic primary aluminium production in June 2022 stood at 78,000 tonnes, bringing the total output of the first half of the year to 485,000 tonnes, showed the US Census Bureau. The United States’ primary aluminium production in June reflected a decrease of 6,000 tonnes or 7.14...
LME aluminium benchmark price halts at US$2368.5/t with 1.58% drip; SHFE shrinks US$5/t
LME aluminium opened at US$2,390 per tonne on Wednesday and closed at US$2,363 per tonne, down US$21 per tonne or 0.88 per cent. LME aluminium cash bid price stopped at US$2,368 per tonne, with a decline of 1.58 per cent or US$38 per tonne hike on Wednesday, August 31, while LME aluminium official...
LME aluminium price nosedives over extended weekend by US$88.5/t; SHFE price declines to US$2,670/t
LME aluminium opened at US$2,475 per tonne on Tuesday and closed at US$2,384 per tonne, down $106 per tonne or 4.26 per cent. On Tuesday, August 30, both LME aluminium cash bid price and LME aluminium official settlement price plummeted by US$87 per tonne or 3.48 per cent and US$88.5 per tonne or...
SHFE loses US$53/t closing at US$2694/t due to energy crisis in China; LME remains shut for bank holiday
On Monday, August 29, the benchmark aluminium price for SHFE slipped down the graph by US$53 per tonne or 1.93 per cent to stand at US$2,694 per tonne. The most-traded SHFE 2210 aluminium contract opened at RMB 18,675 per tonne last night and rose to RMB 18,755 per tonne before closing at RMB...
Rising energy prices lift LME aluminium benchmark price by US$52.5/t; SHFE price climbs up by US$5/t
LME aluminium opened at US$2,430 per tonne last Friday and closed at US$2,490 per tonne, an increase of US$54.5 per tonne or 2.24 per cent. Rising energy prices are affecting the aluminium industry more than ever. As a result, aluminium smelter production costs are also on the rise, which in turn...
LME aluminium price trended up this week by US$107.50/t; SHFE price accumulated US$18/t through the week
The LME aluminium benchmark price has reflected an upswing movement through the week by US$107.50 per tonne, with only an intermittent downfall. Both LME aluminium cash bid price and LME aluminium official settlement price started the week with a rise of US$11.50 per tonne or 0.48 per cent to...
NALCO’s aluminium ingot price builds up INR4100/t on August 26 in response to LME price uptrend
National Aluminium Company Limited (NALCO) has increased its aluminium ingot and aluminium products prices for the first time this month on August 26, following two consecutive cuts on August 1 and August 18. NALCO has raised its aluminium ingot price by INR 4,100 per tonne or 1.8 per cent to INR...
LME benchmark aluminium price marks 0.85% upward shift to US$2442.5/t; SHFE drops US$17/t
LME aluminium opened at US$2,624.6 per tonne on Thursday and closed at US$2,435.5 per tonne, an increase of US$9 per tonne or 0.37 per cent. LME aluminium cash bid price stopped at US$2,441.50 per tonne, with a 0.82 per cent or US$20 per tonne hike on Thursday, August 25, while LME aluminium...
LME aluminium benchmark price loses US$16.5/t to US$2422/t; SHFE price mounts to US$2,759/t
LME aluminium opened at US$2,405 per tonne on Wednesday and closed at US$2,426.5 per tonne, down US$1.5 per tonne or 0.06 per cent. On Wednesday, August 24, both LME aluminium cash bid price and LME aluminium official settlement price dropped by US$16.5 per tonne or 0.67 per cent to rest at...
