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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Hindalco further hikes its aluminium ingot price by INR4250/t on January 13 as LME price exceeds US$3000/t
Hindalco Industries Limited has further hiked its aluminium ingot and aluminium products prices in line with the LME aluminium benchmark price surge yet again above US$3,000 per tonne. With effect from Thursday, January 13, Hindalco has increased the aluminium ingot price by INR 4,250 per tonne to...
LME aluminium benchmark price exceeds US$3000/t yet again; SHFE price declines by US$21/t
LME aluminium opened at US$2,976 per tonne on Wednesday and closed at US$2,945 per tonne, a decrease of US$38 per tonne or 1.27 per cent. On Wednesday, January 12, both LME aluminium cash (bid) price and LME aluminium official settlement price yet again crossed US$3,000 per tonne by gaining US$54...
LME aluminium price hikes by US27/t to peg at US$2,950/t; SHFE price increases by US$28/t
LME aluminium opened at US$2,953.5 per tonne on Tuesday and closed at US$2,983 per tonne, an increase of US$50 per tonne or 1.7%. On Tuesday, January 11, LME aluminium cash (bid) price hiked by US$26 per tonne or by 0.88% to peg at US$2,948 per tonne. On the other hand, LME aluminium official...
LME aluminium price inches up by US$3.5/t to peg at US$2,923/t; SHFE price ascends by US$69/t
LME aluminium opened at US$2,920 per tonne on Monday and closed at $2,933 per tonne, an increase of US$10.5 per tonne or 0.36 percent. On Monday, January 10, LME aluminium cash (bid) price inched up by US$3 per tonne or by 0.10% to settle at US$2,922 per tonne. On the other hand, LME aluminium...
LME aluminium price further grows by US$7/t to US$2919.50/t; SHFE settles higher at US$3307/t
LME aluminium opened at US$2,930 per tonne last Friday and closed at US$2,922.50 per tonne, down by US$7.50 per tonne or 0.26 per cent. On Friday, January 7, LME aluminium cash (bid) price and LME aluminium official settlement price grew by US$7 per tonne to settle at US$2,919 per tonne and...
LME aluminium price soared this week by US$104/t to close at US$2919.50/t; SHFE price settled at US$3278/t
The London Metal Exchange opened this week on Tuesday, January 4, with LME aluminium cash (bid) price and LME aluminium official settlement price surge by US$9.50 per tonne to US$2,815 per tonne and US$2,815.50 per tonne, respectively. On January 5, the same prices soared by US$50.50 per tonne or...
SHFE price hikes by 1.17% to settle at US$3278/t; LME aluminium closes at $2930/t
On Friday, January 7, the benchmark aluminium price for SHFE hiked by US$38 per tonne or by 1.17% to peg at US$3,278 per tonne. The most-traded SHFE 2202 aluminium closed up 1.97% or RMB 400 per tonne to RMB 20685 per tonne, with open interest up 9391 lots to 213019 lots. Overnight, the most-traded...
LME aluminium price soars by US$50.50/t to close at US$2866/t; SHFE price settles 1.8% higher
LME aluminium opened at US$2,833 per tonne on Wednesday, January 5, and closed at US$2,912 per tonne, an increase of US$79.5 per tonne or 2.81 per cent. On the same day, both LME aluminium cash (bid) price and LME aluminium official settlement price soared by US$50.50 per tonne or 1.8 per cent,...
LME aluminium price hikes by US$9.5/t to close at US$2,815.50/t; SHFE price surges by US$8/t
LME aluminium opened at US$2,820 per tonne on Monday and closed at US$2,832.5 per tonne, an increase of US$19.5 per tonne or 0.69%. On Tuesday, January 4, LME aluminium cash (bid) price hiked by US$9.5 per tonne or by 0.33% to settle at US$2,815 per tonne. On the other hand, LME aluminium official...
SHFE aluminium price declines by US$22/t after three days of hike; LME is closed for New Year’s Day
The London Metal Exchange was closed on January 3, 2022 for New Year’s Day. On the previous day, December 31, 2021, LME aluminium cash (bid) price and LME official settlement price closed at US$2,805.50 per tonne and US$2,806 per tonne, respectively, by losing US$23.50 per tonne or by 0.83 per...
LME aluminium price slips by US$23.5/t to settle at US$2806/t; SHFE market is closed today
On Friday, December 31, both LME aluminium cash (bid) price and LME aluminium official settlement decreased by US$23.5 per tonne or by 0.83% to settle at US$2,805.50 per tonne and US$2,806 per tonne. 3-month bid price and 3-month offer price for the same day totalled at US$2,805 per tonne and...
Primary Aluminium Weekly Recap: EGA repays $361 million debt ahead of time; Hydro to axe aluminium production at Slovalco
Some of the key highlights in the global primary aluminium industry this week include Emirates Global Aluminium pays off in full $361 million, which the Mubadala backed company has raised as project finance from 13 banks and export credit agencies, Alro remains in dismay and alert that around 1300...
LME aluminium price drops by US$5.50/t to settle at US$2829.50/t; SHFE price surges by US$33/t
LME aluminium opened at US$2,813.50 per tonne on Thursday, December 30, and closed at US$2,815 per tonne, an increase of US$3 per tonne or 0.11 per cent. Both LME aluminium cash (bid) price and LME official settlement price continued to decrease on Thursday, December 30, to stand at US$2,829 per...
LME aluminium price descends by US$13/t to stand at US$2,835/t; SHFE price hikes by US$37/t
LME aluminium opened at US$2,821 per tonne on Wednesday and closed at US$2,812 per tonne, down US$8 per tonne or 0.28%. LME aluminium cash (bid) price moved down by US$11.5 per tonne or by 0.40% to come in at US$2,834.50 per tonne, as of Wednesday, December 29. LME aluminium official settlement...
SHFE aluminium price ascends by US$25/t to come in at US$3,127/t; LME is closed for Christmas Holidays
The London Metal Exchange was closed on Tuesday, December 28, for Christmas Holiday. On Friday, December 24, LME aluminium cash (bid) price stood at US$2,846 per tonne. On the other hand LME aluminium official settlement price closed at US$2,848 per tonne. 3-month bid price and 3-month offer price...
SHFE aluminium price decreases by US$22/t to US$3102/t; LME is closed for Christmas Holiday
The London Metal Exchange was closed on Monday, December 27, for the Christmas Holiday. On the last day of trading, which was on Friday, December 24, the three-month LME aluminium opened at US$2,845 per tonne and closed at US$2,820 per tonne, a decrease of US$28 per tonne or 0.98 per cent. LME...
LME aluminium price ascends by US$30/t to close at US$2,848/t; SHFE price slumps by US$35/t
Three-month LME aluminium opened at US$2,845 per tonne last Friday and closed at US$2,820 per tonne, a decrease of US$28 per tonne or 0.98 percent. LME aluminium cash (bid) price climbed up by US$28.5 per tonneor by 1.01 percent to stand at US$2,846 per tonne, as of Friday, December 24. LME...
Primary Aluminium Weekly Recap: China’s aluminium imports hit a year high at 2.97 MT in 11 months; Global aluminium output in 11 months stands 3.6% higher
Several news in the primary aluminium industry have made round ups this week, but among them what has gained the most attention is China’s year-high aluminium imports within the 11 months of 2021, as limited domestic aluminium production due to power usage restrictions underpin demand for overseas...
