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LME benchmark aluminium price shoots up US$57/t to begin the week; SHFE soars by US$44/t
19 JUL 20222MINS

LME benchmark aluminium price shoots up US$57/t to begin the week; SHFE soars by US$44/t

LME aluminium opened at US$2,336.5 per tonne Monday and closed at US$2,427 per tonne, an increase of US$87 per tonne or 3.72 per cent. LME aluminium cash bid price halted at US$2,377 per tonne, with a 2.48 per cent or US$57.50 per tonne escalation on Monday, July 18. LME aluminium official...

LME aluminium official price dips by US$8.5/t to US$2,320.50/t; SHFE price slides up by US$68/t
18 JUL 20222MINS

LME aluminium official price dips by US$8.5/t to US$2,320.50/t; SHFE price slides up by US$68/t

LME aluminium opened at US$2,335 per tonne last Friday and closed at US$2,340 per tonne, an increase of US$13 per tonne or 0.56 per cent. On Friday, July 15, both LME aluminium cash bid price and LME aluminium official settlement price slipped by US$8.5 per tonne or 0.36 per cent to halt at...

LME aluminium benchmark price shrinks by US$14/t; SHFE sheds US$26/t resting at US$2561/t
15 JUL 20222MINS

LME aluminium benchmark price shrinks by US$14/t; SHFE sheds US$26/t resting at US$2561/t

LME aluminium opened at US$2,357.5 per tonne on Thursday and closed at US$2,327 per tonne, down US$32 per tonne or 1.36 per cent. LME aluminium cash bid price stood at US$2,328 per tonne, with a 0.62 per cent or US$14.5 per tonne slump, according to London Metal Exchange. LME aluminium official...

LME aluminium benchmark price slumps by US$15/t to US$2,343/t; SHFE price declines by US$19/t
14 JUL 20222MINS

LME aluminium benchmark price slumps by US$15/t to US$2,343/t; SHFE price declines by US$19/t

LME aluminium opened at US$2,360.5 per tonne on Wednesday and closed at US$2,359 per tonne, down US$1 per tonne or 0.04 per cent. LME aluminium cash bid price closed at US$2,342.50 per tonne, with a US$14.5 per tonne or 0.61 per cent drop, according to London Metal Exchange. LME aluminium official...

LME aluminium benchmark price drops by US$59/t to US$2358/t; SHFE plummets by US$63/t
13 JUL 20222MINS

LME aluminium benchmark price drops by US$59/t to US$2358/t; SHFE plummets by US$63/t

LME aluminium opened at US$2,372 per tonne on Tuesday and closed at US$2,360 per tonne, down US$17 per tonne or 0.72 per cent. LME aluminium cash bid price stood at US$2,357 per tonne, with a 2.44 per cent or US$59 per tonne slump, according to London Metal Exchange. LME aluminium official...

LME opens the week with a growth of US$17.5/t to US$2,417/t; SHFE slumps by US$50/t
12 JUL 20222MINS

LME opens the week with a growth of US$17.5/t to US$2,417/t; SHFE slumps by US$50/t

LME aluminium opened at US$2,436.5 per tonne on Monday and closed at US$2,377 per tonne, down US$66.5 per tonne or 2.72 per cent. On Monday, July 11, both LME aluminium cash bid price and LME aluminium official settlement price opened the week with a growth of US$17 per tonne or 0.70 per cent and...

LME aluminium benchmark price plummets to US$2399.5/t showing uneven behaviour; SHFE loses US$39/t closing at US$2719/t
11 JUL 20222MINS

LME aluminium benchmark price plummets to US$2399.5/t showing uneven behaviour; SHFE loses US$39/t closing at US$2719/t

LME aluminium opened at US$2,449 per tonne last Friday and closed at US$2,443.5 per tonne, down US$4 per tonne or 0.16 per cent. LME aluminium cash bid price stood at US$2,399 per tonne, with a 0.72 per cent or US$17.50 per tonne slump, according to London Metal Exchange. LME aluminium official...

NALCO’s aluminium prices undergo a revision after two weeks; ingot price falls by INR1700/t to INR221,750-225,250/t
11 JUL 20222MINS

NALCO’s aluminium prices undergo a revision after two weeks; ingot price falls by INR1700/t to INR221,750-225,250/t

After almost two weeks and close observation to the fluctuating LME aluminium price trend, NALCO revised its aluminium ingot and aluminium products prices on July 8. As per the price chart revealed, NALCO slightly cut its aluminium ingot price by INR 1,700, following two consecutive significant...

LME aluminium price oscillated through the week ending lower at US$2399.5/t; SHFE price closed at US$2758/t
09 JUL 20222MINS

LME aluminium price oscillated through the week ending lower at US$2399.5/t; SHFE price closed at US$2758/t

LME aluminium benchmark price displayed an oscillating trend this week, ending lower on Friday, July 8. LME aluminium cash bid price and LME aluminium official settlement price started at US$2,431 per tonne and US$2,431.50 per tonne as of Monday, July 4, seeing an increase of 2 per cent from the...

LME aluminium benchmark price strolls higher by US$59.5/t to US$2,417.50/t; SHFE price grows by US$31/t
08 JUL 20222MINS

LME aluminium benchmark price strolls higher by US$59.5/t to US$2,417.50/t; SHFE price grows by US$31/t

LME aluminium opened at US$2,375 per tonne on Thursday and closed up 1.31 per cent. Both LME aluminium cash bid price and LME aluminium official settlement price expanded by US$59.5 per tonne or 2.52 per cent on Thursday, July 7, following two consecutive downfalls from US$2,374 per tonne to...

LME aluminium benchmark price shrinks by US$16/t closing at US$2358/t; SHFE suffers a loss of US$6/t
07 JUL 20222MINS

LME aluminium benchmark price shrinks by US$16/t closing at US$2358/t; SHFE suffers a loss of US$6/t

LME aluminium opened at US$2,375 per tonne on Wednesday and rose to US$2,423 per tonne before closing at US$2,400 per tonne, an increase of US$31 per tonne or 1.31 per cent. LME aluminium cash bid price stood at US$2,357 per tonne, with a 0.63 per cent or US$15 per tonne slump, according to London...

LME aluminium benchmark price contracts by US$57.5/t to US$2,374/t; SHFE price nosedives by US$122/t
06 JUL 20222MINS

LME aluminium benchmark price contracts by US$57.5/t to US$2,374/t; SHFE price nosedives by US$122/t

LME aluminium fell below at US$2,400 per tonne on Tuesday and closed at US$2,369 per tonne. On July 5, both LME aluminium cash bid price and LME aluminium official settlement price plunged by US$59 per tonne or 2.42 per cent and US$57.5 per tonne or 2.36 per cent to score at US$2,372 per tonne and...

LME aluminium escalates to US$2431.5/t after US$47.5/t is added; SHFE slumps by US$7/t
05 JUL 20222MINS

LME aluminium escalates to US$2431.5/t after US$47.5/t is added; SHFE slumps by US$7/t

LME aluminium opened at US$2,475 per tonne on Monday and closed at US$2,463 per tonne, down 0.22 per cent. LME aluminium cash bid price stood at US$2,431 per tonne, with a 2.01 per cent or US$48 per tonne escalation on Monday, July 4. LME aluminium official settlement price halted at US$2,431.50...

LME aluminium benchmark price slumps by US$13/t to US$2,384/t; SHFE price hikes by US$23/t
04 JUL 20222MINS

LME aluminium benchmark price slumps by US$13/t to US$2,384/t; SHFE price hikes by US$23/t

LME aluminium opened at US$2,435 per tonne last Friday and fell to US$2,380 per tonne before closing at US$2,468 per tonne, an increase of US$24.5 per tonne or 1 per cent. On Friday, July 1, both LME aluminium cash bid price and LME aluminium official settlement price slipped by US$13.5 per tonne...

Vedanta deducts INR4750/t from its aluminium ingot price with effect from July 1
01 JUL 20221MINS

Vedanta deducts INR4750/t from its aluminium ingot price with effect from July 1

Vedanta Limited has deducted INR 4,750 per tonne from all its aluminium products and aluminium ingot price, with effect from Friday, July 1. With this cut, Vedanta’s aluminium ingot price has come in at INR 220,500-253,500 per tonne, in contrast to INR 225,250- 258,250 per tonne on June 30. The...

LME aluminium official price contracts by US$55/t to US$2,397/t; SHFE price drops by US$44/t
01 JUL 20222MINS

LME aluminium official price contracts by US$55/t to US$2,397/t; SHFE price drops by US$44/t

LME aluminium opened at US$2,472 per tonne on Thursday and closed at US$2,444 per tonne, down US$28.5 per tonne or 1.15 per cent. On Thursday, June 30, both LME aluminium cash bid price and LME aluminium official settlement price plunged by US$54.5 per tonne or 2.22 per cent and US$55 per tonne or...

LME aluminium official price suffers US$48/t loss closing at US$2452/t; SHFE drops US$10/t to stop at US$2883/t
30 JUN 20222MINS

LME aluminium official price suffers US$48/t loss closing at US$2452/t; SHFE drops US$10/t to stop at US$2883/t

LME aluminium opened at US$2,491 per tonne on Wednesday and closed at US$2,472.5 per tonne, down US$14.5 per tonne or 0.58 per cent. LME aluminium cash bid price stood at US$2,451 per tonne, with a 1.92 per cent or US$48 per tonne slump, according to London Metal Exchange. LME aluminium official...

LME aluminium benchmark price hikes by US$47/t to US$2,500/t; SHFE price grows by US$16/t
29 JUN 20222MINS

LME aluminium benchmark price hikes by US$47/t to US$2,500/t; SHFE price grows by US$16/t

LME aluminium opened at US$2,488 per tonne on Tuesday and closed at US$2,487 per tonne, down US$1 per tonne or 0.04 per cent. On June 28, both LME aluminium cash bid price and LME aluminium official settlement price hiked by US$46.5 per tonne or 1.89 per cent and US$47 per tonne or 1.91 per cent,...