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...
Canada’s H1’26 aluminium exports dip 12.57% amid US tariffs: What does H2 hold?
The first half (H1) of 2026 witnessed Canada’s exports of unwrought aluminium taking a deep plunge. The country supplied a total of 1.33 million tonnes of aluminium products to the world including unwrought aluminium, bars, rods and profiles, aluminium foil, pipes and tubes, plates, sheets and...
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A lower US dollar lifted LME aluminium on Friday night after a lower trading session; SHFE spot premiums are on the rise
The US dollar dropped and recorded the biggest weekly loss in more than three months, affected by poor US economic data. Base metals ended mixed as LME aluminium closed 0.32% lower. SHFE aluminium fell 0.37%. LME aluminium fluctuated with the SHFE 1905 contract and dropped to US$1,900 per tonne...
China’s primary aluminium production rises 5% Y-o-Y to 5.69 million tonnes during Jan-Feb
According to the National Bureau of Statistics on March 14, China’s primary aluminium production between January and February came in at 5.69 million tonnes. This represents a 5 per cent year-on-year increase, but a plunge by 2 per cent on a daily basis from December’s record rate. The bureau...
LME aluminium closed 0.27% lower at US$ 1841 /t; SHFE closed slightly lower
The US dollar increased against a basket of currencies, to a near three-month peak as the euro sold off. Base metals declined for the most part last night. LME aluminium inched up and SHFE aluminium closed slightly lower. LME aluminium price closed lower from previous day at US$ 1841 per tonne...
Australia’s aluminium powder and flakes export in terms of volume to grow YoY, while value to remain flat
The global aluminium powder and flakes market in terms of value is estimated to grow to US$1060 million by 2024 from US$910 million in 2019, growing at a CAGR of 2.5 per cent. The key players in the industry, such as Australia, are expected to cash on the opportunities that abound the market during...
Chalco’s high purchasing price fuels trading enthusiasm in spot aluminium market of east China
According to Shanghai Metals Market, east China on Monday, March 4, saw brisk trading in spot aluminium market as high purchasing prices offered by aluminium giant Chalco fuelled trading enthusiasm. Spot deals were mostly found at RMB 13,610 per tonne to RMB 13,630 per tonne in Shanghai, up over...
Lower aluminium prices and weekend stockpiling lead to brisk aluminium trading in east China
Shanghai Metals Market found brisk trading in east China on Friday morning, March 1, as lower aluminium prices improved purchasing willingness among traders and downstream consumers. Weekend stockpiling was also an important reason for the improved purchasing and therefore, brisk trading as a...
Spot aluminium transactions by downstream consumers rise over the weekend: SMM
Shanghai Metals Market found improved spot aluminium buying interest among downstream consumers in south China yesterday, February 26, compared with the previous week. With this, spot aluminium deals among traders accounted for the majority of trading activities in the southern markets. The...
Spot aluminium trades in east China were brisk yesterday on lowered aluminium prices
Shanghai Metals Market found enthusiastic sentiment across spot aluminium traders on Tuesday morning, February 19, in east China markets, as downstream consumers returned normal production and aluminium prices declined after four consecutive days of rising. Thus, the trades were brisk. Spot deals...
Spot aluminium trades across eastern and southern markets improve from previous day
On Tuesday February 12, spot aluminium transactions across eastern and southern markets in China picked up from the previous day, according to Shanghai Metals Market. The slightly better spot transactions could be attributed to improved deals between traders. Overall spot aluminium trades remained...
Aluminium futures slip 0.29% on muted demand
Aluminium prices softened by 0.29 per cent to Rs 136 per kg in futures trade Thursday as speculators cut bets amid subdued demand at domestic spot market. At the Multi Commodity Exchange, aluminium for delivery in February eased by 40 paise, or 0.29 per cent, to Rs 136 per kg in a business turnover...
U.S. confirms the most awaited move for the aluminium industry; lifts sanctions on Rusal on Sunday, January 27
As the most awaited move in the aluminium market, US Treasury on Sunday lifted sanctions on aluminium major Rusal and other Russian firms linked to oligarch Oleg Deripaska. Though there was pressure from the Democrats on the administration to continue with the sanctions, finally the sanctions were...
LME gains on US-China trade talk and falling dollar; SHFE likely to trade weakly today
The US dollar edged down as US-China trade tension continued. The partial US government shutdown and a three-year low in US pending home sales also weighed on the greenback. Base metals fell for the most part but LME aluminium jumped 2.46%. LME aluminium closed Tuesday’s trading at US$1867.50 per...
Recap 2018: Primary Aluminium Market was on a slight deficit; aluminium import tariffs and Rusal sanctions drove the momentum (Part II)
(Continued from Part I ) LME/SME price trends An analysis of the LME and SME price trends in H1, H2 and the whole year 2018 will give us an idea about how the prices were impacted by the events in the aluminium supply scenario. As the sanctions hit the market in April and LME prices were pushed...
Recap 2018: Primary Aluminium Market was on a slight deficit; aluminium import tariffs and Rusal sanctions drove the momentum (Part I)
The year 2018 has seen the highest and lowest in terms of aluminium price growth and production of primary aluminium is estimated to be slightly higher (about 1.3%) in comparison to 2017. The year was marked by supply uncertainty in alumina and aluminium which pushed the prices higher in the first...
Alcoa projects a global aluminium deficit in 2019
Alcoa Corporation projects a global aluminium deficit ranging between 1.7 million and 2.1 million metric tonnes with global demand growth in a range of 3 to 4%. Total aluminium shipments are expected to be between 2.8 and 2.9 million tonnes, which reflects the expiration of a can sheet tolling...
Alcoa Corporation sees bauxite, alumina surplus for 2019
Alcoa said it expected the bauxite market to remain in surplus with global stockpile growth projected to continue in 2019, ranging between 7 million and 11 million tonnes, driven by China, which strategically holds bauxite due to uncertain sourcing within and outside of the country. The company...
Germany to see drop in both import and export of aluminium powder and flakes this year
The global aluminium powder and flakes market is growing steadily driven by the automotive paints and sealants and other industrial pigments sectors. As per a report, the aluminium powder and flakes market across the world is likely to be valued at US$3,453 million by 2021 growing at a CAGR of 3.51...
LME and SHFE aluminium saw a bearish week on lackluster trading and reducing cost support; no substantial rebound likely next week
The week from 31 December to January 4 has been a bearish week for both LME and SHFE aluminium. The US dollar index dipped below 97 this week as stocks traded higher after a week of price swings. There were holidays in SME and LME for New Year’s Day. LME aluminium started the week at US$1869.5 per...
