LME aluminium price eases 0.3% on September 10; stocks remain stable at 244,525/t
The London Metal Exchange (LME) aluminium price graph contracted on September 10 across cash and contracts, with longer-dated contracts reporting nearly 1 per cent decline. The aluminium opening stocks, however, remained stable. The LME aluminium cash bid price shifted from USD 3,351.5 per tonne on...
Aluminium tariffs, not Trump’s alcohol ban, are the bigger threat to BC brewers
The escalating US-Canada trade conflict is putting pressure on the US alcohol industry from two directions. The BC wine and beer industry is facing fresh uncertainty as the US President Donald Trump proposed to block most Canadian alcoholic beverage imports from September 29, 2026. While British...
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LME benchmark aluminium price delves 1.26% lower to US$2157/t; SHFE is closed for China’s Dragon Boat Festival
On June 21, Wednesday, the LME aluminium cash bid price and the LME aluminium official settlement price closed at US$2,156.50 per tonne and US$2,157 per tonne, moving down the aluminium price graph by US$27.50 per tonne or 1.26 per cent. The 3-month bid price shed US$22.50 per tonne or 1.01 per...
India's imported aluminium scrap prices remain volatile w-o-w
Aluminium scrap prices imported into India remained volatile for another week, with specific grades increasing by up to $60/tonne compared to the previous week. In contrast, other grades declined by up to $30/tonne. Due to the divergent opinions among traders, the market displayed mixed emotions....
China’s alumina price lowers down to RMB2813/t; aluminium ingot spot price loses RMB20/t today, up 3.97% Q-o-Q
According to the Shanghai Metal Market, the aluminium spot price has lost RMB 20 per tonne, officially stopping at RMB 18,830 per tonne today, June 21. The average aluminium price trends are between RMB 18,810 per tonne and RMB 18,850 per tonne. SMM aluminium price on March 21 was RMB 18,110 per...
LME aluminium benchmark price drops to US$2,184.5/t; SHFE price grows by US$6/t
On Tuesday, June 20, both LME aluminium cash bid price and LME aluminium official settlement price dropped by US$10.5 per tonne or 0.47 per cent to halt at US$2,184 per tonne and US$2,184.50 per tonne. 3-month bid price and 3-month offer price slumped by US$17 per tonne or 0.75 per cent and US$16...
LME aluminium price dips by 1.33% recording M-o-M slump of US$105/t; SHFE eliminates US$6/t
On Monday, June 19, both the LME aluminium cash bid price and LME aluminium official settlement price shed US$29.50 per tonne or 1.33 per cent to halt at US$2,194.50 per tonne and US$2,195 per tonne, respectively. The aluminium spot price has slumped 4.56 per cent or US$105 per tonne month-on-month...
China’s A00 aluminium ingot price marks M-o-M surge of RMB310/t; Australian alumina price dips by US$2/t
On Tuesday, June 20, China’s A00 aluminium ingot price has grown by RMB 70 per tonne to halt at RMB 18,850 per tonne. M-o-M, the A00 aluminium ingot price registered a surge of RMB 310 per tonne from RMB 18,540 per tonne recorded on June 19. One of the main reasons for the increment in the prices...
LME aluminium benchmark price closes the week with a hike of US$27.5/t; SHFE price drops to US$2,577/t
On Friday, June 16, both LME aluminium cash bid price and LME aluminium official settlement price hiked by US$28 per tonne or 1.27 per cent and US$27.5 per tonne or 1.25 per cent to stand at US$2,224 per tonne and US$2,224.50 per tonne. 3-month bid price and 3-month offer price expanded by US$33...
China’s A00 aluminium ingot price sheds RMB40/t with high potential shown last week, down 6.64% Y-o-Y
As per the aluminium price index displayed in the Shanghai Metal Market, the aluminium spot price has experienced an RMB 40 per tonne loss, officially stopping at RMB 18,780 per tonne today, June 19. The average aluminium price trends are between RMB 18,760 per tonne and RMB 18,800 per tonne....
China’s alumina spot price falls throughout the week by RMB29/t; Aluminium ingot price settles higher at RMB18820/t
According to the Shanghai Metals Market, the average alumina spot price in China has dwindled for the fifth day in a row by RMB 9 per tonne to close the week at RMB 2,814 per tonne on Friday, June 16. After declining throughout the week, the alumina spot price records a W-o-W fall of 1.02 per cent...
LME aluminium official price plunges 14.84% Y-o-Y; SHFE scores US$8/t today, down US$420/t Y-o-Y
LME aluminium opened at US$2,250.5 per tonne on Thursday, with its low and high at US$2,216 per tonne and US$2,254.5 per tonne, respectively, before closing at US$2,250 per tonne, a dip of US$4 per tonne or 0.18 per cent. On June 15, Thursday, the LME aluminium cash bid price and the LME aluminium...
A00 aluminium price in China drops RMB50/t today, up 2.77% M-o-M; Alumina spot price loses RMB3/t
According to the Shanghai Metal Market, the aluminium spot price has experienced an RMB 50 per tonne loss, officially stopping at RMB 18,530 per tonne today, June 15. The average aluminium price trends are between RMB 18,510 per tonne and RMB 18,550 per tonne. The A00 aluminium ingot price was RMB...
LME aluminium price grows to US$2,200/t; SHFE price drops by US$9/t
LME aluminium opened at US$2,230 per tonne on Wednesday, with its low and high at US$2,230.5 per tonne and US$2,262.5 per tonne, respectively, before closing at US$2,254 per tonne, a rise of US$22 per tonne or 0.99 per cent. On Wednesday, June 14, both LME aluminium cash bid price and LME aluminium...
Price volatility persists for imported aluminium scrap in India
For the second week in a row, imported aluminium scrap prices in India have fluctuated slightly. This week, specific grades saw a minor increase of up to $20/tonne. On the other hand, other grades saw drops of up to $50/tonne compared to the previous week. The volatile market conditions have made...
LME benchmark aluminium price shifts 0.25% up while SHFE drops US$17/t
On June 13, Tuesday, the LME aluminium cash bid price and the LME aluminium official settlement price closed at US$2,193 per tonne and US$2,193.50 per tonne, decreasing by US$27.50 per tonne or 1.24 per cent each, if compared with the aluminium price chart of Friday, June 9. It jumped by US$5.50...
China’s A00 aluminium ingot price records M-o-M surge of RMB500/t due to improved economic activities
On Wednesday, June 14, China’s A00 aluminium ingot price has expanded by RMB 180 per tonne to settle at RMB 18,580 per tonne. As the balance sheets of the companies are showing improvement due to economic recovery in China, companies are showing interest in purchasing aluminium stocks. Also, with...
US domestic primary aluminium output trends down by 22% Y-o-Y in the March quarter 2023
Domestic primary aluminium production in the United States during March 2023 stood at 65,000 tonnes, registering an increase of 6,000 tonnes or 10.17 per cent month-on-month from 59,000 tonnes, found the US Census Bureau survey. But on a year-on-year basis, the March output edged a sharp fall of...
Alumina price in China dives RMB4/t today, with 0.49% W-o-W fall; A00 ingot price plunges RMB170/t
In China, the average alumina price has lost RMB 4 per tonne, closing at RMB 2,829 per tonne, while the price of alumina in Shandong has released RMB 10 per tonne, stopping at RMB 2,805 per tonne. In Henan and Shanxi, the alumina spot price has dipped by RMB 5 per tonne, resting at RMB 2,895 per...
LME aluminium price tumbles US$100/t M-o-M by June 9 while SHFE price shifts 0.34% down today
LME aluminium opened at US$2,261 per tonne last Friday, with its low and high at US$2249 per tonne and US$2,284.5 per tonne respectively before closing at US$2,262 per tonne, a drop of US$1.5 per tonne or 0.07 per cent. On June 9, Friday, the LME aluminium cash bid price and the LME aluminium...
