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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China’s A00 aluminium ingot price marks US$120/t accelerated growth; Alumina spot price bends by RMB3/t
The Shanghai Metal Market has seen RMB 120 per tonne augmentation in the aluminium spot price, stopping at RMB 18,400 per tonne today, June 1. The average aluminium price trends are between RMB 18,380 per tonne and RMB 18,420 per tonne. The premium prices have ranged around RMB 60 or 20 per tonne....
LME aluminium benchmark price hikes by US$25/t to US$2,255/t; SHFE price grows to US$2,581/t
LME aluminium opened at US$2,227.5 per tonne on Wednesday, with its low and high at US$2,201 per tonne and US$2,249 per tonne, respectively, before closing at US$2,247 per tonne, up US$19 per tonne or 0.85 per cent. On Wednesday, May 31, both LME aluminium cash bid price and LME aluminium official...
Imported aluminium scrap prices in India record significant fluctuations W-o-W
Imported aluminium scrap prices in India have experienced significant volatility, where several grades witnessed a growth of upto $40 per tonne and a decline of up to $10 per tonne for some grades when compared on a W-o-W basis. These fluctuations can be related to the patterns seen on the London...
Aluminium prices of Hindalco, Vedanta & NALCO recorded sluggish last week during May 23-25
At the beginning of the last week, aluminium prices of Indian giants like Hindalco and Vedanta trended downwards in line with the LME aluminium price drop but increased later as the global benchmark price speared up. On Tuesday, May 23, Hindalco cut its aluminium ingot and aluminium products prices...
China’s A00 aluminium ingot price drops to RMB18,280/t; Alumina price inches down by RMB1/t
On Wednesday, May 31, China’s A00 aluminium ingot price has dropped by RMB 70 per tonne to close at RMB 18,280 per tonne, with the average prices estimated to range between RMB 18,260 per tonne and RMB 18,300 per tonne. The spot contract price is expected to be traded at a premium price of RMB 40...
LME benchmark aluminium price loses US$12/t after Spring Bank Holiday; SHFE descends by US$10/t
LME aluminium closed at US$2,228 per tonne, a drop of US$7.5 per tonne or 0.67 per cent. On May 30, Tuesday, the LME aluminium cash bid price and the LME aluminium official settlement price halted at US$2,229.50 per tonne and US$2,230 per tonne, diving US$11.50 per tonne or 0.51 per cent and US$12...
Non-Ferrous metal prices like aluminium grow by 0.3% to US$2,237/t
Except for nickel, all non-ferrous metals prices on the London Metal Exchange (LME) have registered growth. Aluminium futures gained 0.3 per cent to $2,237 per tonne, while lead futures increased by 0.2 per cent to $2,078 per tonne. Copper prices increased by 2.2% to $8,135/t. Zinc prices, on the...
ASMA completes a successful seminar on CBAM and ways to tackle it by the Indian aluminium industry
Aluminium Secondary Manufacturers Association (ASMA) conducted a seminar on 'Global Trade, Sustainability and Competitiveness of Indian Downstream Aluminium Industry in presence of CBAM' on May 17, 2023, at India International Centre, New Delhi. The seminar was about introspecting the burning issue...
SHFE price dips by US$5/t to US$2,575/t; LME aluminium is closed for Spring Bank Holiday
On Tuesday, May 30, the SHFE aluminium has lost US$5 per tonne or 0.19 per cent to close at US$2,575 per tonne. The most-traded SHFE 2307 aluminium contract opened at RMB 18,055 per tonne overnight, with its low and high at RMB 17,885 per tonne and RMB 18,065 per tonne before closing at RMB 18,070...
China’s A00 aluminium ingot price skids by RMB10/t to RMB18,350/t; Alumina price in Shanxi drops RMB5/t
The Shanghai Metal Market has recorded a decline of RMB 10 per tonne in the aluminium spot price, finally settling down at RMB 18,350 per tonne today, May 30. The average aluminium price trends are between RMB 18,330 per tonne and RMB 18,370 per tonne. The premium prices have hovered around RMB 110...
China’s domestic alumina spot price continues declining over the weekend to RM2853/t: SMM
The average alumina spot price in China has extended decline over the weekend, marking the fifth consecutive day of downfall since Tuesday, May 23. Shanghai Metals Market finds the alumina price starts the week with a fall of RMB 8 per tonne to stand at RMB 2,853 per tonne as of Monday, May 29....
LME aluminium price gains US$6/t but marks Y-o-Y fall of 20.65%; SHFE grows 1.1%
LME aluminium opened at US$2,219 per tonne last Friday, with its low and high at US$2,209 per tonne and US$2,265 per tonne, respectively, before closing at US$2,243 per tonne, up US$29 per tonne or 1.31 per cent. On May 26, Friday, the LME aluminium cash bid price and the LME aluminium official...
Secondary aluminium ingot (ADC12) price in India declines W-o-W by INR3000/t due to slow demand
India's aluminium alloy ingot (ADC12) prices declined by INR 3,000 per tonne W-o-W to INR 196,000 per tonne. Due to lower demand, the market witnessed fewer transactions, which maintained prices on a downward trajectory. The downstream sectors, such as die-casting units and car production, are now...
LME aluminium price moves up by 0.08% to US$2,236/t; SHFE price gains US$22/t
LME aluminium opened at US$2,209 per tonne on Thursday, with its low and high at US$2,193 per tonne and US$2,239 per tonne, respectively, before closing at US$2,214 per tonne, up US$8 per tonne or 0.36 per cent. On Thursday, May 25, both LME aluminium cash bid price and LME aluminium official...
Alumina price in Shanxi drifts lower by RMB1/t; China’s aluminium ingot price floats RMB50/t up
The Shanghai Metal Market has marked a rise of RMB 50 per tonne in the aluminium spot price, finally settling down at RMB 18,160 per tonne today, May 26. The average aluminium price trends are between RMB 18,040 per tonne and RMB 18,180 per tonne. The premium prices have ranged around RMB 100 or...
Imported aluminium scrap prices in India record significant changes W-o-W
Imported aluminium scrap prices in India have recorded significant changes recently. As per the data, this week, some grades of aluminium scrap grew to $55 per tonne, whereas specific grades saw a drop of up to $30 per tonne compared to the previous week. These price changes may be attributable to...
Limited-edition L'Epee grenade clock flaunts shiny aluminium outer shell
The L'Epee clock is designed in aluminium to resemble a grenade, specifically the MKII. Although it may seem strange for a clock to be inspired by a weapon, its unique design is intended to challenge the significance of time and encourage people to enjoy the present moment. However, the clock's...
LME benchmark aluminium price marks 1.45% hike while SHFE aluminium price releases US$19/t
LME aluminium opened at US$2,225 per tonne on Wednesday, with its low and high at US$2,190 per tonne and US$2,236.5 per tonne, respectively, before closing at US$2,206 per tonne, a drop of US$13 per tonne or 0.63 per cent. There is uncertainty in the macroeconomic environment due to the failure of...
