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 begins the week hiking by US$17/t to US$2453/t; SHFE refusing change halts at US$2877/t
LME aluminium opened at US$2,455 per tonne on Monday and closed at US$2,488 per tonne, up US$38 per tonne or 1.55 per cent. LME aluminium cash bid price stood at US$2,452.50 per tonne, with a 0.7 per cent or US$17 per tonne escalation on Monday, June 27. LME aluminium official settlement price...
LME aluminium benchmark price falls by US$44/t to US$2436/t; SHFE price grows by US$9/t
LME aluminium opened at US$2,468 per tonne last Friday and closed at US$2,450 per tonne, down US$18 per tonne or 0.73 per cent. On Friday, June 24, both LME aluminium cash bid price and LME aluminium official settlement price inclined downwards by US$42.5 per tonne or 1.71 per cent and US$44 per...
LME aluminium benchmark price slid through the week by US$26/t to US$2436/t; SHFE price closed lower at US$2868/t
The LME aluminium prices have ended this week lower at around US$2,436 per tonne, but with some intermittent hikes. On Monday, June 20, LME aluminium cash bid price dropped by US$12.5 per tonne to US$2,461 per tonne and LME aluminium official settlement price decreased by US$12 per tonne to...
LME closes the week augmenting by US$24.5/t to US$2480//t; SHFE slumps to US$2868/t
LME aluminium opened at US$2,520 per tonne on Thursday and closed at US$2,438 per tonne, down US$71 per tonne or 2.8 per cent. LME aluminium cash bid price stood at US$2,478 per tonne, with a 0.94 per cent or US$23 per tonne escalation on Thursday, June 23. LME aluminium official settlement price...
LME aluminium benchmark price slumps by US$64/t; SHFE price drops by 1.79%
LME aluminium opened at US$2,524.5 per tonne on Wednesday and closed at US$2,539 per tonne, an increase of US$9 per tonne or 0.36 per cent. On June 22, both LME aluminium cash bid price and LME aluminium official settlement price dropped by US$63.5 per tonne or 2.52 per cent and US$64 per tonne or...
LME rises mid-week by US$57.5/t to close at US$2519.5/t; SHFE suffers an US$17/t cut
LME aluminium opened at US$2,515 per tonne on Tuesday and closed at US$2,530 per tonne, an increase of US$15.5 per tonne or 0.62 per cent. LME aluminium cash bid price stood at US$2518.50 per tonne, with a 2.34 per cent or US$57.50 per tonne hike, according to London Metal Exchange data. LME...
LME aluminium benchmark price contracts by US$12/t to US$2462/t; SHFE price remains restraint at US$2961/t
LME aluminium opened at US$2,500 per tonne on Monday and closed at US$2,514 per tonne, an increase of US$11.5 per tonne or 0.46 per cent. On Monday, June 20, LME aluminium cash bid price dropped by US$12.5 per tonne or 0.50 per cent, and LME aluminium official settlement price slipped by US$12 per...
LME aluminium on constant decline at US$2474/t; SHFE begins the week with US$14/t boost
LME aluminium opened at US$2,518 per tonne last Friday and closed at US$2,503 per tonne, down US$18.5 per tonne or 0.73 per cent. LME aluminium cash bid price stood at US$2473.50 per tonne, with a 1.06 per cent or US$26.50 per tonne slump, according to London Metal Exchange. LME aluminium official...
Vedanta’s aluminium billet and wire rod prices slump by 3% on June 17 as LME price falls to the edge of US$2500/t
Vedanta Limited cuts its aluminium products and aluminium ingot prices, with effect from Friday, June 17, marking the third consecutive fall of prices since June 11. The company’s aluminium billet price has seen a deduction of INR 7,750 per tonne or 3.18 per cent to INR 235,750 per tonne as of June...
LME aluminium price plunges by US$79.5/t to US$2,500.50/t; SHFE price slumps by US$62/t
LME aluminium opened at US$2,619 per tonne on Thursday and closed at US$2,521.5 per tonne, down US$93.5 per tonne or 3.58 per cent. On Thursday, June 16, both LME aluminium cash bid price and LME aluminium official settlement declined by US$79 per tonne or 3.06 per cent and US$79.5 per tonne or...
LME aluminium benchmark price edges a fall of US$8/t to US$2580/t; SHFE price rebounds above US$3000/t
LME aluminium opened at US$2,567 per tonne on Wednesday and closed at US$2,615 per tonne, up US$57 per tonne or 2.23 per cent. But LME aluminium cash bid price and LME aluminium official settlement price continued to drop on June 15, marking the fifth consecutive day of downfall. Both the prices...
LME aluminium price closes mid-week at US$2588/t with US$1.50/t cut; SHFE price declines to US$2951/t
LME aluminium opened at US$2,637 per tonne on Tuesday and closed at US$2,558 per tonne, down US$79 per tonne or 3 per cent. LME aluminium cash bid price collapsed to US$2,587 per tonne with a 0.08 per cent or US$2 per tonne decline, according to London Metal Exchange. The LME aluminium official...
Vedanta Ltd further deducts INR8000/t from its aluminium ingot price as LME price plunges to 6-month low
Vedanta Limited has more significantly reduced its aluminium ingot and aluminium products selling prices, with effect from June 14, in response to the LME aluminium price plunge for the third consecutive day. Vedanta has notified a cut of INR 8,000 per tonne or 3 per cent on its aluminium ingot to...
LME aluminium price nosedives for the second day by US$105.5/t; SHFE price plunges by US$46/t
LME aluminium opened at US$2,674 per tonne on Monday and closed at US$2,637 per tonne, down US$45.5 per tonne or 1.7 per cent. On Monday, June 13, both LME aluminium cash bid price and LME aluminium official settlement price dropped majorly by US$105.5 per tonne or 3.91 per cent, due to the...
LME aluminium price drops the lowest in six months at US$2694.5/t; SHFE sheds US$71/t to start week at US$3000/t
LME aluminium opened at US$2,760 per tonne last Friday and closed at US$2,682.5 per tonne, a drop of US$77.5 per tonne or 2.81 per cent. LME aluminium price has decreased exponentially due to weak economic growth diminishing the metals’ demand in the market. Moreover, the second round of Covid-19...
Weekly Recap: LME aluminium price slips by US$47/t through the week to US$2695/t; SHFE plummets by US$76/t
LME aluminium cash bid price and LME aluminium official settlement price resumed the week on Monday, June 6, with a sharp rise of US$40 per tonne and US$40.50 per tonne to come in at US$2,741 per tonne and US$2,742 per tonne, respectively. On Tuesday, June 7, the prices decreased by US$27 per tonne...
LME aluminium benchmark price dips by 0.47% to close at $2752.5/t; SHFE price plummets by US$53/t
LME aluminium opened at US$2,836 per tonne on Thursday, June 9, and closed at US$2,760 per tonne, down by US$76 per tonne or 2.68 per cent. LME aluminium cash bid price and LME aluminium official settlement price decreased on an alternate day, June 9, by US$13 per tonne or 0.47 per cent to stand at...
LME aluminium benchmark price surges by US$50.5/t to US$2,765.50; SHFE price goes up by US$5/t
LME aluminium opened at US$2,788 per tonne on Wednesday and closed at US$2,836 per tonne, up US$49.5 per tonne or 1.78 per cent. LME aluminium cash bid price expanded by US$51 per tonne or 1.87 per cent to score at US$2,765 per tonne. LME aluminium official settlement price also witnessed growth by...
