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 slips by US$27/t to US$2,715/t; SHFE price falls by US$12/t
LME aluminium opened at US$2,787.5 per tonne on Tuesday and closed at US$2,786.5 per tonne, down US$2.5 per tonne or 0.09 per cent. On Tuesday, June 7, both LME aluminium cash bid price and LME aluminium official settlement price declined by US$27 per tonne or 0.98 per cent to close at US$2,714 per...
LME aluminium benchmark price edges 1.5% higher to US$2742/t; SHFE price declines by US$16/t
LME aluminium opened at US$2,758 per tonne on Monday and closed at US$2,789 per tonne, up US$65 per tonne or 2.39 per cent. Both LME aluminium cash bid price and LME aluminium official settlement price resumed the market after the Bank Holiday with a sharp rise of US$40 per tonne and US$40.50 per...
SHFE re-opens with a rise of US$96/t after the Dragon Boat Festival; LME was closed for Bank Holiday
On Monday, June 6, the benchmark aluminium price for SHFE has soared up by US$96 per tonne or 3.14 per cent to settle at US$3,147 per tonne. The market was closed due to the Dragon Boat Festival on Friday, June 3. The most-traded SHFE 2207 aluminium closed up 1.7 per cent or RMB 345 per tonne to...
LME aluminium price plummets by US$115/t to US$2701.50/t; SHFE price ascends by US$35/t
LME aluminium opened at US$2,792.5 per tonne on Wednesday and closed at US$2,724 per tonne, down US$65 per tonne or 2.23 percent. On Wednesday, June 1, both LME aluminium cash bid price and LME aluminium official settlement price plummeted by US$115 per tonne or 4.08 percent to close at US$2,701...
Vedanta heightens its aluminium ingot price by INR2750/t or 1% with effect from May 31
Vedanta Limited expanded its aluminium ingot and aluminium products prices, with effect from Tuesday, May 31, following a cut last week on May 26. The company heightened its aluminium ingot price by INR 2,750 per tonne or 1 per cent to the range of INR 255,500 – 291,200 per tonne versus INR...
LME aluminium benchmark price slumps by US$46.5/t; SHFE plummets by 3% to US$3016/t
LME aluminium opened at US$2,885 per tonne on Tuesday and closed at US$2,789 per tonne, experiencing a sharp downfall of $91 per tonne or 3.16 per cent. On Tuesday, May 31, LME aluminium cash bid price witnessed a plunge of US$46 per tonne, while LME aluminium official settlement price slumped by...
LME aluminium price grows by US$40/t to US$2863/t; SHFE price slips by US$8/t
LME aluminium opened at US$2,885 per tonne on Monday and closed at US$2,880 per tonne, an increase of US$11.5 per tonne or 0.4 per cent. On Monday, May 30, LME aluminium cash bid price and LME aluminium official settlement price settled at US$2,862 per tonne and US$2,863 per tonne, after witnessing...
LME aluminium price climbs down by US$2.5/t to US$2,823/t; SHFE price surges by US$38/t
LME aluminium opened at US$2,867 per tonne last Friday and closed at US$2,868.5 per tonne, an increase of US$2.5 per tonne or 0.09 per cent. LME aluminium cash bid price and LME aluminium official settlement price settled at US$2,822.50 per tonne and US$2,823 per tonne, respectively, both...
LME aluminium benchmark price trends down this week to US$2823/t; SHFE price slumps to US$3085/t
The LME aluminium benchmark price has showcased a downswing this week after a prolonged period of hikes. Although both the LME aluminium cash bid price and LME aluminium official settlement price started the week on Monday, May 23, with a jump of US$32 per tonne to US$2,962 per tonne and US$2,963...
LME aluminium price climbs down by US$4/t to US$2,825.50/t; SHFE price surges by US$24/t
LME aluminium opened at US$2,875 per tonne on Thursday and closed at US$2,866 per tonne, down US$2 per tonne or 0.07 percent. On Thursday, May 26, both LME aluminium cash bid price and LME aluminium official settlement price moved down for the third day to settle at US$2,825 per tonne and...
LME aluminium price falls for the second day at US$2829.50/t; SHFE price declines by US$11/t
LME aluminium opened at US$2,889.5 per tonne on Wednesday and closed at US$2,868 per tonne, down US$9 per tonne or 0.31 per cent. On Wednesday, May 25, both LME aluminium cash bid price and LME aluminium official settlement price dropped for the second day by US$51.5 per tonne or 1.78 per cent to...
Hindalco’s aluminium ingot price further uptrends by 1% with effect from May 24
Hindalco Industries’ aluminium ingot and aluminium products prices further trended up by INR 2,750 per tonne or 1 per cent, with effect from Tuesday, May 25. That brought the company’s aluminium ingot price to INR 264,500 per tonne versus INR 261,750 per tonne on May 21. Hindalco’s aluminium wire...
LME aluminium price slumps by 2.8% after two consecutive hikes; SHFE price falls to US$3072/t
Three-month LME aluminium opened at US$2,957 per tonne on Tuesday and closed at US$2,877 per tonne, down US$78 per tonne or 2.64 per cent. Both LME aluminium cash bid price and LME aluminium official settlement price decreased on Tuesday, May 24, after two consecutive days of hike. While the former...
LME aluminium price opens the week with a growth of US$32/t to US$2,963/t; SHFE price drops by US$9/t
LME aluminium opened at US$2,975 per tonne on Monday and closed at US$2,955 per tonne, down US$14.5 per tonne or 0.49 percent. On Monday, May 23, both LME aluminium cash bid price and LME aluminium official settlement price hiked by US$32 per tonne or 1.09 per cent to settle at US$2,962 per tonne...
LME aluminium price expands by US$105/t after an intermittent drop; SHFE builds up US$39/t to US$3129/t
Three-month LME aluminium price opened at US$2,935 per tonne last Friday and closed at US$2,969.50 per tonne, an increase of US$63 per tonne or 2.17 per cent. On Friday, May 20, both LME aluminium cash bid price and LME aluminium official settlement price skyrocketed by over US$100 per tonne after...
LME aluminium price drops by US$19/t to US$2826/t; SHFE price grows by US$62/t
LME aluminium opened at US$2,825 per tonne on Thursday and closed at US$2,938 per tonne, an increase of US$113 per tonne or 4 percent. On Thursday, May 19, both LME aluminium cash bid price and LME aluminium official settlement price dropped by US$19 per tonne or 0.66 per cent after experiencing a...
Vedanta’s aluminium ingot price mounts to INR253,750 – 289,450/t as LME price continues to rally
Vedanta Limited has continued to expand its aluminium ingot and aluminium products prices as the LME aluminium benchmark price records an interrupted growth. With effect from Wednesday, May 18, Vedanta has raised its aluminium ingot price by INR 4,750 per tonne or 1.9 per cent to INR 253,750 –...
LME aluminium price grows for the fourth consecutive day by US$9/t; SHFE mounts to US$3028/t
Three-month LME aluminium opened at US$2,881 per tonne on Wednesday and closed at US$2,825 per tonne, down US$57 per tonne or 1.98 per cent. On Wednesday, May 18, both LME aluminium cash bid and LME aluminium official settlement price continued to grow for the fourth day in a row but at a slower...
