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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LME market keeps closing for Christmas, Shanghai aluminium range-bound on weak trading
<p>London Metal Exchange market remains closed today for Christmas. So, LME official CASH Buyer price of aluminium, as on December 23, stands at US$1,739 per tonne, Cash Seller & Settlement price stands at US$1,740 per tonne, 3M Buyer price is US$1,718 per tonne, and 3M Seller price is...
Aluminium product imports in U.S and Canada up 28% YTD in 2016
<p>According to the Preliminary estimates from Aluminum Association, aluminium demand in the United States and Canada that includes shipments by domestic producers plus imports were an estimated 22,120 million pounds during January to October 2016, an increase of 1.6 per cent over the same period...
Aluminium futures remain weak on sluggish demand
<p>Continuing for the third straight day, aluminium prices eased further by 0.21 per cent to INR 117.30 per kg in futures trade today as participants engaged in trimming their positions, tracking a weak trend at spot market on subdued demand from consuming industries. <br /><br />At the Multi...
LME aluminium improves but weak tone to prevail, says SMM
<p>LME aluminium price improved on Wednesday's night trading to close at US$1,730.5 per tonne, up 0.46 per cent from the previous day. The contract is predicted to move in the range of US$1,720-1,735 per tonne on Thursday, December 22. However, Shanghai Metals Market analysts say due to significant...
MCX aluminium extends losses, down 0.17% on subdued demand
<p>Aluminium prices in India kept falling for the second consecutive day with the contract closing at INR 117.35 per kg in futures on Wednesday, down 0.17 per cent from the previous day. The traders in the domestic market engaged themselves in reducing their positions as demand shrank in the spot...
Rewind 2016: Top headlines of the global alumina industry
<p>2016 has been a reasonably good year for alumina. The commodity, unlike other components in the entire cyclical asset basket, witnessed a sustained demand push all through, thanks to a global deficit market and prices kept rising supported by supply concerns arising mainly out of China. There...
MCX aluminium moves sideways with negative bias on fall in prices
<p>Following a sharp fall in the first week of December, the aluminium futures contract on the Multi Commodity Exchange (MCX) found support at around INR115 per kg and started the move sideways. Last couple of weeks, the contract has been moving sideways in a narrow range.<br /><br />On Friday, the...
LME aluminium to remain range-bound, SHFE designates warehouse for aluminium delivery
<p>Volatility is setting in across global base metal prices amid cautious market sentiment. LME aluminium after trading at around US$1,752/mt on Wednesday stumbled 0.91 per cent to close at US$1,736/mt on Thursday, December 15. Shanghai Metals Market forecast says, the contract will keep ranging at...
LME Aluminium edges higher but China aluminium dips amid cautious trading
<p>As the U.S. Federal Reserve readies to end the year with Interest Rate Hike to be decided in today's policy meeting, markets take guard with wary sentiment. Crude oil prices, on the other hand, have jumped by 4.82%, sitting at US$56.95/bbl. The price rally in the benchmark oil prices got...
China's exports of aluminium bar rods and profiles estimated to shrink in 2016
<p>According to the preliminary data released by the General Administration of Customs, China's exports of unwrought aluminium and aluminium semis were 380,000 mt in November, with YTD exports from January to November at 4200,000 mt, down 3.1 per cent year-over-year. If we look at the...
Growing adoption of LED lighting to drive HPA market growth through 2020
<p>According to a recently published market report, the global high purity alumina market is slated to grow at a CAGR of 27.11% by the period 2016-2020. The growing adoption of LED lighting systems and displays, changing Government regulations encouraging energy-efficient lighting systems across...
Demand for aluminium in the U.S. and Canada swings YOY
<p>Aluminium demand in the United States and Canada (shipments by domestic producers plus imports) amounted to 19,928 million pounds during the first three quarters of 2016 increasing 2% over the same period last year.<br /> <br />Demand for aluminium semi-fabricated (mill) products amounted...
MCX Aluminium hovers above major support
<p>The aluminium futures contract on the Multi Commodity Exchange (MCX) fell over 3 per cent to close at INR116.85 per kg in the past week.<br /><br />However, the contract has begun this week on a slightly positive note and is currently trading at INR117.5.<br /><br />A key support is at INR116.2....
Aluminium busbar market to grow at the fastest CAGR during 2016-2021
<p>The global busbar market is estimated to be worth US$16.55 billion growing at a 5+% CAGR between 2016 and 2021, reveals data published in a recent market report. The aluminium busbar segment alone is estimated to grow at the fastest CAGR. Driven by tremendous growth in the Asia-Pacific and the...
Nalco faced by domestic market challenges for alumina value-addition, says Mines Minister
<p>India's state-owned integrated aluminium company National Aluminium Co. Ltd (Nalco) has been working on a strategy devised to add greater value to the alumina produced in-house; but a host of challenges is obstructing the PSU's way to attaining success in the transition- the domestic market...
MCX Aluminium edges 0.29% higher amid rising demand
<p>Aluminium futures traded on India's Multi Commodity Exchange edged higher at INR 119 per kilogram today, up 0.29 per cent from the previous close. The uptick in demand at the spot market was caused by speculators creating fresh positions. <br /><br />Aluminium for delivery in November inched...
Global aluminium alloys market estimated to reach US$126,500.8 mn by 2020
<p>The global aluminium alloys market is expected to be worth US$126,500.8 million by 2020, reveals data published in a recent report by Transparency Market Research (TMR). Transportation sector which includes aircraft and automobile is going to be the major growth driver. The sector buoyed by the...
LME aluminium to rise further as outlook for base metals remains optimistic
<p>LME aluminium price continues to rise. On Wednesday, the contract closed at US$1,765/mt and Shanghai Metals Exchange says it will range between US$1,760-1,795/mt on Thursday, November 24. The current cash buyer price of LME aluminium is recorded at US$1765/mt and LME official opening stock of...
