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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Primary aluminium weekly Recap: New coronavirus variant Omicron starts hitting LME aluminium prices, Japanese aluminium shipments premium for 1Q2022 finalised at US$195/t
New coronavirus variant Omicron seems to have started creating an impact on the global aluminium prices already, and this has been the highlight of the week. As reported on Thursday, December 2, the LME aluminium price recorded a fall of 0.9 per cent to US$2,640.50 per tonne at 0704 GMT before...
New coronavirus variant Omicron starts hitting LME aluminium prices, suspects industry analysers
Agonies hovering around the possible economic impact due to the onset of new coronavirus variant Omicron have reportedly begun hitting the benchmark aluminium price on the London Metal Exchange. On Thursday, December 2, the LME aluminium price recorded a fall of 0.9 per cent to US$2,640.50 per...
Hindalco’s aluminium ingot price sees a rise of INR2250/t on December 2 in line with LME aluminium price hike
Hindalco Industries Limited grew its aluminium ingot and aluminium products prices on December 2, a day after it reduced the prices by INR 1,250 per tonne. With effect from December 2, the company’s aluminium ingot price saw an increase of INR 2,250 per tonne to INR 234,000 per tonne, backed on the...
LME aluminium price moves down by US$14.5/t to settle at US$2,655/t; SHFE price slips by US$33/t
LME aluminium opened at US$2,648.5 per tonne on Thursday and closed at US$2,613 per tonne down US$35 per tonne or 1.32 percent. On Thursday, December 2, LME aluminium cash (bid) price decreased by US$15 per tonne or by 0.56 percent to close at US$2,654 per tonne. LME aluminium official settlement...
LME aluminium price ascends by US$34.5/t to stand at US$2669.50/t; SHFE price moves down by US$8/t
LME aluminium opened at US$2,621 per tonne on Wednesday and closed at US$2,648 per tonne, an increase of US$23 per tonne or 0.88 percent. On Wednesday, December 1, both LME aluminium cash (bid) price and LME aluminium official settlement price surged by US$34.5 per tonne or by 1.30 percent to total...
LME aluminium price declines by US$15/t to close at US$2635/t; SHFE price inches up by only US$2/t
LME aluminium opened at US$2,647 per tonne on Tuesday morning and closed at US$2,625 per tonne, down US$25 per tonne or 0.94 per cent. On the supply side, the current aluminium output finds it hard to increase. LME aluminium cash (bid) price decreased by US$14.50 per tonne on Tuesday, November 30,...
LME aluminium price gains US$31.50/t to US$2650/t after an intermittent decline; SHFE price grows to US$2975/t
LME aluminium opened at US$2,602.50 per tonne on Monday, November 29, and closed at US$2,650 per tonne, an increase of US$58 per tonne or 2.24 per cent. Both LME aluminium cash (bid) price and LME official settlement price increased by US$31.50 per tonne or 1.20 per cent on Monday, November 29, to...
LME aluminium price falls sharply by US$122/t to close at US$2618.50/t; SHFE price declines by US$71/t
During last Friday’s night session, LME aluminium opened at US$2,717.50 per tonne and closed at US$2,592 per tonne, a decrease of US$123 per tonne or 4.53 per cent. After three consecutive days of hike, LME aluminium cash (bid) price and LME official settlement price plummeted by US$122 per tonne...
LME aluminium price closed this week lower at US$2618.50/t; SHFE price climbed by US$33/t to settle at US$3027/t
On Monday, November 22, LME aluminium cash (bid) price and LME official settlement price started the week at US$2,653 per tonne and US$2,653.50 per tonne, respectively. They both decreased by US$7.50 per tonne from the previous day. On Tuesday, November 23, LME aluminium cash (bid) price jumped by...
LME aluminium price edges 1.54% higher at US$2740.50/t; SHFE price drops by US$8/t to US$3027/t
LME aluminium opened at US$2,698 per tonne on Thursday, November 25, and closed at US$2,715 per tonne, an increase of US$12 per tonne or 0.44 per cent. LME aluminium cash (bid) price and LME official settlement price surged by US$41.50 per tonne or 1.54 per cent to stand at US$2,739.50 per tonne...
LME aluminium price grows for the second straight day to US$2699/t; SHFE price surges to US$3035/t
LME aluminium opened at US$2,673 per tonne on Wednesday and closed at US$2,703 per tonne, an increase of $30.50 per tonne or 1.14 per cent. On Wednesday, November 24, both LME aluminium cash (bid) price and LME official settlement price grew for the second day in a row by US$8 per tonne to stand at...
LME aluminium price surges by 1.41% to close US$2,691/t; SHFE price descends to close at US$2,995/t
LME aluminium opened at $2,689 per tonne on Tuesday and closed at $2,672.5 per tonne, a drop of $22.5 per tonne or 0.83 percent. LME aluminium cash (bid) price moved up US$37 per tonne or by 1.39 percent to total at US$2,690 per tonne, as of Tuesday, November 23. LME aluminium official settlement...
LME aluminium price declines by US$7.5/t to close at US$2653.5/t; SHFE price grows for the fourth straight day to US$3002/t
Three-month LME aluminium rose 0.45 per cent to end at US$2,695 per tonne on overnight. On Monday, November 22, both LME aluminium cash (bid) price and LME official settlement price decreased by US$7.50 per tonne to stand at US$2,653 per tonne and US$2,653.50 per tonne, respectively. But 3-month...
LME aluminium price surges by US$53.5/t to US$2661/t after three days of decline; SHFE price soars by US$78/t
LME aluminium opened at US$2,621 per tonne last Friday and ranged between US$2,619-2,697.50 per tonne before closing at US$2,683 per tonne, an increase of US$59 per tonne or 2.25 per cent. On Friday, November 19, LME aluminium cash (bid) price and LME official settlement price jumped by US$53.50...
NALCO’s aluminium ingot and products prices see a downfall of INR6300/t after two hikes in a row
After two consecutive hikes since November 11, National Aluminium Company Limited reduced its aluminium ingot and aluminium products prices with effect from Friday, November 19. The decrease could be attributed to the decline in LME aluminium benchmark price during November 16-18. NALCO’s aluminium...
Aluminium smelter explosion in China’s Yunnan province fuels surge in price of the metal
On 19 th November 2021, the prices of aluminium surged as the cloud of supply distress is anticipated following an aluminium smelter in China that ceased its production due to an explosion. The Shanghai Metal Market reported that in China’s Yunnan province, an aluminium smelter with an annual...
LME aluminium price descends by US$20.5/t to settle at US$2,607.50/t; SHFE price soars up by US$9/t
LME aluminium opened at US$2,610 per tonne on Thursday and closed at US$2,624 per tonne, an increase of US$15.5 per tonne or 0.59 percent. On Thursday, November 18, LME aluminium cash (bid) price dropped down by US$20 per tonne or by 0.76 percent to close at US$2,607 per tonne. For the same day,...
LME aluminium price decreases by US$0.5/t to close at US$2,628/t; SHFE price moves up by US$22/t
The most-liquid SHFE 2201 aluminium contract increased RMB 90 per tonne to settle at RMB 18,630 per tonne in overnight trading. Three-month LME aluminium rose 1.38 percent to end at US$2,608.5 per tonne last night. Both LME aluminium cash (bid) price and LME aluminium official settlement price...
