The most-traded SHFE aluminium 2610 contract closed at RMB 24,100 per tonne today, up RMB 30 on the day, a gain of 0.12 per cent. Trading volume was 163,674 lots, open interest stood at 242,331 lots, with a daily decrease of 6,267 lots, as both bulls and bears reduced positions to lock in profits...
The London Metal Exchange (LME) aluminium price chart recovered on the August 28 trading session across the pricing and contract segments compared to the August 27 close. On the inventory side, opening stocks and live warrants remained stable for three consecutive sessions. The LME aluminium cash...
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American producer of semi-fabricated aluminium products, Kaiser Aluminum Corporation, has posted its financial report for the January-March quarter (Q1) 2026, reporting record profits and raising the annual outlook to a considerably higher level. Keith A. Harvey, Chairman, President and Chief...
China's imports of uncalcined petroleum coke remained elevated in March, rising 24.47 per cent year-on-year to 1.4224 million tonnes, though down 13.5 per cent month-on-month, according to data from the General Administration of Customs of PRC (GACC). The average import price stood at USD 242.85...
As aluminium prices continue to experience an upward trend since the start of the Middle East conflict, shares of Press Metal Aluminium Holdings Berhad, the largest integrated aluminium producer in Southeast Asia, achieved a record all-time high on April 24. The stock experienced an intraday high...
A temporary dip in the aluminium prices has been noticed when the traders got the ray of hope of reopening the Strait of Hormuz, which continued to show an upward trend due to the ongoing conflict in the Gulf. However, the production data and evolving dynamics of the Chinese markets are deemed to...
London Metal Exchange (LME) aluminium prices recorded improved figures on April 24 compared to the previous close. Cash price reported gains by wide margins, near-term futures contracts recovered from the previous session’s decline, while longer-dated contracts and opening stocks continued to...
Last Friday night, the aluminium alloy 2606 contract moved downwards after a higher opening, opening at RMB 23,415 per tonne, rising to a high of RMB 23,485 per tonne before pulling back in a fluctuating trend, dipping to RMB 23,380 per tonne at the close and settling at that price, down RMB 15 per...
SHFE aluminium 2605 fluctuated upward in the morning session. End-users mainly maintained just-in-time procurement, with some buyers stockpiling ahead of the holiday. Mainstream transactions were concentrated around the SMM A00 aluminium average price to +RMB 10 per tonne. The shipments sentiment...
Macro perspective: Fed nominee Warsh pledged to safeguard monetary policy independence. The US-Iran temporary ceasefire agreement was set to expire on April 22. Trump initially stated it was "extremely unlikely" to extend the ceasefire agreement with Iran, but later on Tuesday local time announced...
The rising geopolitical tensions in the Middle East are impacting the global aluminium market, with early indications of production disruptions and tighter supply conditions. Although the initial effects seem to be under control, forecasts are hinting at a much more significant shift on the...
The most-traded SHFE aluminium 2606 contract closed at RMB 25,005 per tonne in the night session, down 0.22 per cent. The price fell below MA10 (25,094.5) but remained above MA30 (24,701.63) and MA60 (24,524.42), with short-term moving averages forming resistance while medium-term support held. The...
LME aluminium prices softened on April 23 across the curve, with both cash and futures contracts posting marginal declines compared to the previous session, while exchange inventories also edged lower. On April 23, LME aluminium cash bid price stood at USD 3,641.5 per tonne, down 0.23 per cent from...
Notably, in March alone, the import volume jumped 7.5 per cent on year and surged 44.8 per cent from February to reach 197,331 tonnes, the highest level since December 2017, the GACC data showed. Must read: Key industry individuals share their thoughts on the trending topics Aluminium scrap demand...
Vedanta Limited has already delivered a remarkable run for investors. From its INR 87 delisting price in 2020, the stock has surged nearly tenfold over six years. But with that rally largely behind it, a natural question emerges-is there still more value left to unlock? The market doesn’t seem to...
Members of Hydro’s Executive Leadership Team have received shares in Hydro via the Long-Term Incentive plan and purchased shares via the employee share purchase program. Long-Term Incentive Plan Norsk Hydro ASA has a share-based Long-Term Incentive (LTI) program in the form of a maximum...
Reliance Steel & Aluminum Co. went into its first-quarter results with strong expectations, helped by rising aluminium prices and new government contracts. Analysts had forecast earnings of USD 4.67 per share on revenue of USD 3.92 billion, pointing to solid growth both sequentially and...
According to customs data, China's prebaked anode exports in March 2026 were 197,900 tonnes, up 2.75 per cent Y-o-Y and up 46.92 per cent M-o-M. The roughly calculated average export price of prebaked anodes in March was approximately USD 841.66 per tonne, up 7.06 per cent Y-o-Y and down 4.12 per...
The upward trend in the London Metal Exchange (LME) aluminium price continued on April 22, irrespective of the US ceasefire on Iran. A significant rise has been seen in the cash offer as well as the longer-dated contracts. On the contrary, there has been a slight dip in the LME inventory. On April...
Europe’s aluminium premium has climbed to a near four-year high, but buyers are resisting elevated levels, with at least one deal reportedly struck below the benchmark. Mercuria, a global commodities trader, sold metal at a discount of USD 10 to USD 15 per tonne below Fastmarkets’ assessed premium,...
