The London Metal Exchange (LME) aluminium price faltered across the pricing and contract segments on the September 2 close. The trend reflected a contrast of the surge reported in the September 1 session . The LME aluminium cash bid pulled back by 0.18 per cent day-on-day on September 2, down to...
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...
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Futures: The aluminium alloy 2603 contract closed at RMB 22,150 per tonne, up RMB 235 yuan or 1.07 per cent from the previous trading day. Volume was 2,539 lots, and open interest stood at 4,211 lots (down 150 lots from the previous session). After pulling back from the previous high of RMB 24,410...
The LME aluminium cash bid price fell to USD 3013.5 per tonne on February 5 from USD 3047 per tonne on February 4, marking a 1.10 per cent decline. The cash offer price also slipped 1.10 per cent to USD 3014 per tonne, down from USD 3047.5 per tonne. In the futures segment, the 3-month bid price...
Suppliers delayed revised price announcements. The market adopted a cautious wait-and-see approach. India's imported aluminium scrap prices fell w-o-w aligning with the correction seen on LME. Meanwhile, domestic scrap prices held largely steady amid tight domestic supply. To know more about the...
Futures: On the night session of February 4, the most-traded SHFE aluminium 2603 contract opened at RMB 23,800 per tonne, rose after opening, hit a high of RMB 23,900 per tonne, then pulled back, touched a low of RMB 23,625 per tonne, and fluctuated in consolidation toward the close, eventually...
Aluminium prices on London Metal Exchange (LME) dropped across most contracts on February 4, reflecting a drastic decline and broad pullback from the previous session, while exchange inventories continued with an unchanged record. The LME aluminium cash bid price continued to slip, reaching USD...
In January, spot prices at northern ports showed only mild volatility. The benchmark 5,500 kcal per kg NAR coal opened the month at RMB 690 per tonne (USD 99.5 per tonne), rose to RMB 706 per tonne in mid-January, then retreated to RMB 693 per tonne before closing at RMB 699 per tonne on January...
Futures: The aluminium alloy 2603 contract closed at RMB 22,300 per tonne, up RMB 85 yuan or 0.38 per cent from the previous trading day, indicating signs of short-term stabilisation. The K-value was 20.35, the D-value 24.93, and the J-value 11.2, all within the 20-50 range. The J-line has turned...
Aluminium prices on the London Metal Exchange (LME) recorded a notable increase on February 3 compared with the previous trading session, while exchange inventories moved lower. On February 3, the LME aluminium cash bid stood at USD 3,102 per tonne and the cash offer at USD 3,103 per tonne, rising...
London Metal Exchange aluminium prices weakened across most contracts on February 2, a trend following the previous session. Meanwhile, exchange inventories made a soft recovery. The LME aluminium cash bid price continued to slip, reaching USD 3,041 per tonne on February 2 from USD 3,109 per tonne...
SHFE aluminium 2602 fluctuated downward in the morning session, with the price centre lower than the previous trading day. The decline in aluminium prices led to a slight increase in purchasing sentiment. However, constrained by the approaching Chinese New Year break, overall downstream procurement...
The London Metal Exchange (LME) aluminium contract entered 2026 with a bang of a hike, as in early January, the three-month contract crossed USD 3,000 per tonne for the first time since 2022, trading at USD 3,015.50 before extending gains later in the month. The move was not the product of...
Ever since the US President Donald Trump’s tariff imposition, the market witnessed its regional aluminium premium rise, exceeding USD 1 per pound. Consequently, for the first time, the US Midwest Premium for aluminium has surged to an all-time high at USD 2,182 per tonne. According to the...
Futures: During the night session on January 30, the most-traded SHFE aluminium 2603 contract opened at RMB 24,365 per tonne, reached a high of RMB 24,720 per tonne, touched a low of RMB 24,240 per tonne, and finally closed at RMB 24,600 per tonne, up RMB 40 per tonne or 0.16 per cent from the...
On January 30, which is the close of the week, the London Metal Exchange (LME) aluminium prices showed a significant dip in its contracts and futures prices. The declining trend has also been observed in the LME inventories as well. The LME cash bid dropped from USD 3,323 per tonne to USD 3,109 per...
This week, the comprehensive operating rate for aluminium processing recorded 59.4 per cent, down 1.5 percentage points W-o-W, overall exhibiting the characteristics of "accelerated seasonal decline and deepening high-price suppression effects." Operating rates across most segments declined,...
In January, aluminium fluoride prices edged up, supported by strong cost-side sulfuric acid prices. During the month, SMM aluminium fluoride prices closed at RMB 10,750-11,060 per tonne, while the cryolite market remained stable overall, with SMM cryolite quotes holding steady at RMB 7,000-9,000...
On January 28, 2026, domestic aluminium prices surged to a new high, driven by multiple factors. The weighted open interest of SHFE aluminium surged by 93,000 lots in a single day, with trading activity exploding. The core drivers of the price increase were disruptions in trade due to US-Iran...
SHFE aluminium 2602 fluctuated downward in the morning session, with the price centre lower than the previous trading day. Due to high aluminium prices and the Chinese New Year break at downstream processing enterprises, overall market buying sentiment remained weak. The mainstream transaction...
