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...
LME aluminium price rises to $3,310/t: Can EGA and Alba repairs bring back 2025 levels?
The London Metal Exchange (LME) aluminium price reported improvements across the pricing and contract segments on the September 7 close, recovering from the downward trend reported at the September 4 session . As the repair and operations stabilise at the facilities of Emirates Global Aluminium...
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China’s A00 aluminium ingot price marks a W-o-W fall of 1.7% on not-so-stable consumption
The unstable consumption pattern of China’s domestic aluminium ingot has pushed the A00 aluminium ingot price further down on Monday, December 11, 2023, found the Shanghai Metals Market. As per the official data, the price has plunged by RMB 140 per tonne over the weekend to stand at RMB 18,380 per...
Declining inventory pulled up the LME aluminium price to US$2,111/t; SHFE price contracts by US$25/t
LME aluminium opened at US$2137 per tonne last Friday, with its high and low at US$2161.5 per tonne and US$2130 per tonne, respectively, before closing at US$2134 per tonne, up 0.14 per cent. On Friday, December 8, both LME aluminium cash bid price and LME aluminium official settlement price grew...
SMM A00 ingot price closes week with RMB40/t hike after bearish stance on Thursday; Low-carbon aluminium adds RMB16/t
On December 8, the Shanghai Metals Market witnessed a slow boost in aluminium prices, with the SMM A00 aluminium ingot price gaining RMB 40 per tonne to rest at RMB 18,520 per tonne. The average aluminium prices have circulated between RMB 18,500 per tonne and RMB 18,540 per tonne. China’s central...
LME aluminium benchmark price drops to US$2,099/t; SHFE price moves up by US$2/t
LME aluminium opened at US$2146 per tonne yesterday, with its high and low at US$2156.5 per tonne and US$2131 per tonne, respectively, before closing at US$2131 per tonne, down 0.47 per cent. On Thursday, December 7, both LME aluminium cash bid price and LME aluminium official settlement price...
Key highlights from the global aluminium industry, November 2023
As the eleventh month of 2023 concludes, the global aluminium industry is shrouded in the persistent gloom of low indicative prices, primarily attributed to a subdued demand environment. Notably, industry leaders have pre-emptively acknowledged that the initial stages of 2024 are likely to mirror...
LME aluminium benchmark price shows no sign of recovery at US$2117.5/t; SHFE aluminium price sheds 0.42%
LME aluminium opened at US$2165.5 per tonne yesterday, with its high and low at US$2169.5 per tonne and US$2140 per tonne, respectively, before closing at US$2141 per tonne, down 1.13 per cent. The LME aluminium live price chart , on December 6, registered a downward trend, with the LME aluminium...
China’s A00 aluminium ingot price slips to RMB 18,480/t; Aluminium powder price inches down by RMB0.1/kg
On Thursday, December 7, China’s A00 aluminium ingot price has fallen by RMB 80 per tonne to clock at RMB 18,480 per tonne. The prices have dropped in all the provinces, with the highest in Gongyi and Foshan, where it has dipped by RMB 100 per tonne to clock at RMB 18,590 per tonne. In Hangzhou,...
LME aluminium benchmark price drops by US$27/t to US$2,121.5/t; SHFE price moves down to US$2,599/t
LME aluminium opened at US$2,185 per tonne yesterday, with its high and low at US$2,186.5 per tonne and US$2,150.5 per tonne, respectively, before closing at US$2,165.5 per tonne, down US$34.5 per tonne or 1.57 per cent. On Tuesday, December 5, both LME aluminium cash bid price and LME aluminium...
China’s SMM A00 aluminium price registers lowest price today at RMB18560/t; Low-carbon aluminium sheds RMB1/t
The Shanghai Metals Market, on December 6, has seen fluctuations in aluminium prices, with the SMM A00 aluminium ingot price remaining stagnant at RMB 18,560 per tonne. The average aluminium prices have circulated between RMB 18,540 per tonne and RMB 18,580 per tonne. The SMM aluminium price has...
LME benchmark aluminium price registers linear growth in 2023, down 13.54% Y-o-Y; SHFE aluminium loses 1.29% today
LME aluminium opened at US$2,204 per tonne on Monday, with its high and low at US$2,213 per tonne and US$2,174 per tonne, respectively, before closing at US$2,184 per tonne, down US$16 per tonne or 0.73 per cent. On December 4, the LME aluminium live price chart registered a slight spike in...
China’s A00 aluminium ingot price registers M-o-M plunge of RMB610/t; Aluminium powder price inches down by RMB0.1/kg
China’s A00 aluminium ingot price on Tuesday, December 5, declined the graph by RMB 140 per tonne to clock at MB 18,560 per tonne. As per the Shanghai Metals Market (SMM) data, a downfall of RMB 610 per tonne was seen M-o-M from RMB 19,170 per tonne recorded on November 3. Today, the average prices...
China’s SMM A00 aluminium ingot price earns RMB40/t today; down 1% W-o-W; Australian Alumina FOB price soars RMB56.81/t
On December 4, the Shanghai Metals Market witnessed a slight hike in aluminium prices to match the US$18,700 per tonne mark on November 29, with the SMM A00 aluminium ingot price rising by RMB 40 per tonne to close at RMB 18,700 per tonne. The average aluminium prices have circulated between RMB...
LME aluminium benchmark price descends to US$2,147.50/t; SHFE price ascends by US$18/t
LME aluminium opened at US$2198 per tonne last Friday, with its high and low at US$2217 per tonne and US$2183 per tonne, respectively, before closing at US$2200 per tonne, an increase of US$6 per tonne or 0.27 per cent. On Friday, December 1, both LME aluminium cash bid price and LME aluminium...
Primary aluminium weekly: Norsk Hydro forms alliance with Sanvira Tech LLC for smooth inflow of carbon anodes from Oman
Norsk Hydro signed an agreement with Sanvira Tech LLC to ensure a consistent supply of carbon anodes from Oman for its Norwegian aluminium smelters. The deal stipulates an initial offtake duration of 8 years and will include a maximum of 25 per cent of the total annual use of about 600,000 tonnes...
Aluminium alloy (ADC12) ingot prices in India register a sequential influx of INR1000/t
SteelMint's assessment indicates a slight increase of INR 1,000 per tonne in the prices of aluminium ADC12 alloy ingots to INR 183,000 per tonne. Meanwhile, tense scrap prices remained stable at INR 155,000 per tonne ex Delhi. The prices of ADC12 ingots have improved due to the increase in the...
Aluminium shipment premium for Q1 2024 is offered at $95/t to Japanese buyers
According to a recent report, a global aluminium producer has offered Japanese buyers a shipment premium of $95 per tonne over the global benchmark price for the first quarter of 2024 (January 1-March 31). The news came on December 1 after three sources directly involved in quarterly pricing talks...
LME aluminium price drops US$20.5/t with US$2,200 per tonne average limitation; SHFE aluminium price sheds US$6/t
LME aluminium opened at US$2218.5 per tonne in the previous trading day, with its low and high at US$2187 per tonne and US$2219 per tonne, respectively, before closing at US$2194 per tonne, down 0.95 per cent. The LME aluminium live price chart , on November 30, marked a falling market price trend,...
China’s A00 aluminium ingot price reflects M-o-M plunge of RMB 480/t; Low carbon aluminium price slumps to RMB 19,458/t
On Friday, December 1, China’s A00 aluminium ingot price added RMB 30 per tonne to clock at RMB 18,660 per tonne. On M-o-M calculation, a plunge of RMB 480 per tonne was recorded from RMB 19,140 per tonne on November 1. Today, the average prices are expected to stand between RMB 18,640 per tonne...
