H1’26 LME aluminium stocks dip 31.82%: Russian sanctions & Gulf crisis pack a double blow
As we reflect on the Middle East crisis that commenced on February 28, 2026, and stretched into the second half of the year, it brings to mind the dramatic rise and fall of the London Metal Exchange (LME) aluminium price that reached four-year highs before cooling down. The skyrocketing prices...
Macro rate hike expectations pressure aluminium prices, while China's continued destocking underpins the market
Futures: The most-traded SHFE aluminium 2610 contract closed at RMB 24,000 per tonne, down RMB 190 from yesterday's settlement price, a decline of 0.79 per cent. It opened at RMB 24,100.00 per tonne during the day and fluctuated within a range of RMB 23,920-24,100 per tonne. The price traded below...
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Vedanta increases its aluminium ingot and product prices by INR1500/t after two consecutive declines
Vedanta Limited has increased its aluminium ingot and aluminium product prices with effect from Tuesday, September 29, following two consecutive declines on September 18 and 24. Vedanta is now selling its aluminium ingot at INR 145,750-158,750 per tonne, up by INR 1,500 per tonne or 1 per cent from...
NALCO further reduces its aluminium ingot price by nearly 2% with effect from September 25
National Aluminium Company Limited (NALCO) has extended its aluminium ingot and aluminium product price cut two weeks later with effect from September 25. NALCO’s aluminium ingot price is now standing at INR 145,250-148,750 per tonne, down by INR 2,600 per tonne or 1.8 per cent from INR 147,850 –...
Aluminium ingot price edges higher to RMB 14730/t; Aluminium alloy (ADC12) price climbs by RMB 50/t
SMM aluminium ingot price edged higher by RMB 180 per tonne to stand at RMB 14730 per tonne on Tuesday, 29 September 2020, from Monday’s price of RMB 14550 per tonne. This marks the third consecutive rise in aluminium ingot price.The price is expected to range at RMB 14710-14750 per tonne. In...
LME aluminium price grew significantly by $28.5/t to $1737/t; SHFE price extended hike to $2113/t
The dollar pulled back from a two-month high against a basket of currencies on Monday, September 28, as equities rallied after four straight weeks of declines ahead of a slew of economic data and political developments in the United States. Three-month LME aluminium settled 1.28 per cent firmer at...
Three-month LME aluminium closed Friday’s trading at US$1,762/t; SHFE aluminium advanced 0.32%
Three-month LME aluminium strengthened 0.83% to close at US$1,762 per tonne on Friday. The contract is likely to move between US$1,750-1,780 per tonne today. As of Friday September 25, LME aluminium cash (bid) price stands at US$ 1708.50per tonne, LME official settlement price stands at US$...
China’s A00 aluminium ingot price surges by RMB270/t after back-to-back fall and restraint; Imported bauxite price drops by $1/t
A00 aluminium ingot price has begun the week on Monday, September 28, by recording a sharp rise of RMB 270 per tonne to RMB 14,550 per tonne, found the Shanghai Metals Market. The primary aluminium ingot price has increased today after three consecutive days of hike from RMB 14,790 per tonne to RMB...
LME to launch new cash-settled European duty-paid aluminium premium contract in 2021
According to a recent report, the London Metal Exchange will add to its aluminium pricing offering a new cash-settled European duty-paid aluminium premium contract settled against Fastmarkets’ benchmark Rotterdam premium. The news came after Alex Shaw, head of product development and research at...
A00 aluminium ingot price rises after three days of decline; Aluminium alloy (A356) price stands at RMB14900/t
Aluminium ingot prices registered a growth after three days of drop. SMM aluminium ingot price stood at RMB14280 per tonne on Friday, 25 September 2020, up RMB10 per tonne from RMB14270 per tonne on Thursday. The average price is likely to range at RMB14260-14300 per tonne. In Foshan and Hangzhou,...
LME aluminium price declined by over $20/t to stand at $1697/t; SHFE remained restrained
The US dollar traded at a two-month high and was set for a fifth day of gains on Thursday, September 24, as investors sought safety on concerns over economic recovery as coronavirus cases surged in Europe and on US data showed rising unemployment claims. As of Thursday, September 24, both LME...
European aluminium scrap buyers face hurdles as demand increases but not supply after months-long lockdown restrictions
European aluminium scrap prices have started rising in recent weeks as demand is increasing in the market tightened by limited supply due to the lack of fresh scrap generation over months of COVID-19 lockdown restrictions. Usage of scrap also fell but not as much as the generation of new scrap, as...
China’s aluminium billet inventories continue to increase this week by 3,900 tonnes on higher stock arrivals
According to the Shanghai Metals Market, China's aluminium billet inventories have continued to increase this week ending on Thursday, September 24, marking the fourth consecutive week of rise. The inventories are now standing at 71,500 tonnes after gaining 3,900 tonnes over the week across five...
Hindalco decreases its aluminium products price by INR 1,500/t
Hindalco Industries Limited has continued to reduces its aluminium products price for the second time in a row. With effect from Thursday, 24 September 2020, , the company’s wire rods price stands at INR 156,600 per tonne, marking a drop of INR 1,500 per tonne from INR 158,100 per tonne on...
Three-month LME aluminium ended lower at US$1,754.5/t; SHFE aluminium dropped 1.68%
Three-month LME aluminium trended lower on Wednesday, September 23. It closed 1.38% weaker at US$1,754.5 per tonne. As of Wednesday September 23, LME aluminium cash (bid) price stands at US$ 1718.50per tonne, LME official settlement price stands at US$ 1718.50per tonne; 3-months bid price stands at...
A00 aluminium ingot price falls at the highest rate since August on lower consumption and increase in production capacity
According to the Shanghai Metals Market, A00 aluminium ingot price has recorded a sharp downfall of RMB 290 per tonne, the highest since August, to stand at RMB 14,270 per tonne on Thursday, September 24. The average prices are expected to range between RMB 14,250 per tonne and RMB 14,290 per...
A00 aluminium ingot price slides by RMB 190/t; Aluminium alloy (A356) price stands at RMB15150/t
Aluminium ingot prices registered a drop across all major markets in China on Wednesday, 23 September 2020. SMM aluminium ingot price recorded a decline of RMB190 per tonne from yesterday. The price now stood at RMB14560 per tonne. The average price is likely to range at RMB14540-14580 per tonne....
Three-month LME aluminium weakened 0.17% to close at US$ 1779/t; SHFE price plunged for the second day in a row
As of Tuesday, September 22, Three-month LME aluminium weakened 0.17 per cent to close at US$ 1,779 per tonne after hitting its lowest in nearly two weeks earlier in the session. LME aluminium cash (bid) price and LME official settlement price decreased from US$ 1752.50 per tonne to US$ 1744 per...
Three-month LME aluminium ended 0.75% lower at US$1,782/t; SHFE aluminium advanced 0.58%
Three-month LME aluminium came off an intraday high of US$1,804 per tonne to end 0.75% lower at US$1,782 per tonne on Monday. As of Monday September 21, LME aluminium cash (bid) price stands at US$ 1752.50 per tonne, LME official settlement price stands at US$ 1752.50per tonne; 3-months bid price...
A00 aluminium ingot price declines by RMB40/t after two consecutive days of rise: SMM
According to the Shanghai Metals Market, A00 aluminium ingot price has declined by RMB 40 per tonne on Tuesday, September 22, to stand at RMB 14,750 per tonne, following two consecutive days of rise from RMB 14,590 per tonne to RMB 14,790 per tonne. The average prices are expected to range between...
