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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Aluminium prices on the London Metal Exchange showed mixed movements between January 28 and January 29, with cash prices diverging while forward contracts strengthened. On January 29, the LME aluminium cash bid price stood at USD 3323 per tonne, down 1.9 per cent from USD 3258 per tonne on January...
Global aluminium markets surged on Wednesday, pushing prices to their highest level in nearly four years as a sudden slide in the US dollar reignited risk appetite across base metals. The rally gathered pace after President Trump downplayed concerns over the greenback. Asked about the recent USD...
From the previous close, the London Metal Exchange (LME) aluminium prices recovered with a steady increase. LME inventory side, however, followed the declining trend earlier, suggesting a global supply shortage of metal outflow. On January 28, the LME cash bid increased by 2.9 per cent from USD...
Futures: Last night, the most-traded AD2603 futures contract opened and then rose rapidly, hitting a high of RMB 23,990 per tonne, with the gain once approaching 1.91 per cent. It then pulled back quickly and finally closed at RMB 23,590 per tonne, down RMB 195 per tonne or 0.82 per cent from the...
From the previous close, the London Metal Exchange (LME) aluminium prices showed a slight dip. This declining trend followed in the LME inventory side, which is deemed to create a supply shortage globally, with a rise in price. On January 27, the LME cash bid declined from USD 3,190 per tonne to...
Futures: Overnight, the most-traded aluminium alloy 2603 futures contract opened, surged to RMB 23,230 per tonne, then quickly pulled back to hit a bottom of RMB 22,925 per tonne, before rebounding in fluctuations and finally closing at RMB 23,060 per tonne, up RMB 5 per tonne or 0.02per cent from...
Futures: During the night session on Jan 26, the most-traded SHFE aluminium 2603 contract opened at RMB 24,400 per tonne, reached a high of RMB 24,430 per tonne, touched a low of RMB 24,225 per tonne, and finally closed at RMB 24,380 per tonne, up RMB 165 per tonne or 0.68 per cent from the...
Aluminium prices on the London Metal Exchange continued to rise on January 26, with both cash and 3-month forwards reporting gains in contrast to the inventories, which showed a decline. The LME aluminium cash bid price climbed to USD 3,190 on January 26 from USD 3,174.5 per tonne on January 23,...
American buyers are now to pay a 68 per cent premium over the London Metal Exchange (LME) aluminium price to get physical metal. This is the result of Trump’s increasing import tariffs from 10 per cent to 25 per cent back in March and then ramping them up to 50 per cent in June. The premium for...
The Chinese coking coal market is expected to undergo a new phase of rebalancing in 2026, shaped by both supportive and restrictive policy impacts. While these mixed forces are anticipated to drive up coking coal prices, a persistent uptrend is unlikely to be seen this year due to persistent...
Aluminium prices on the London Metal Exchange rose sharply on January 23, with both cash and forward contracts posting gains of more than 2 per cent compared with the previous session. The LME aluminium cash bid price climbed to USD 3,174.5 per tonne on January 23 from USD 3,093 per tonne on...
From a macro perspective, overseas risk aversion sentiment pulled back, while domestic macro sentiment improved. By region, overseas, friction between the US and Europe over Greenland escalated, raising concerns about a US-Europe split. Subsequently, US President Trump announced that a framework...
After the close of the previous session, the London Metal Exchange (LME) aluminium price declined across major contracts. However, there was a significant rise on the inventory front with a slight decline in the cancelled warrants on January 22. The LME cash bid declined by USD 19 per tonne or 0.6...
Futures: Last night's session, SHFE aluminium closed at RMB 24,100 per tonne, up 0.77 per cent. The price stood above all key moving averages (MA5: 24,086; MA60: 24,083.08), with short-term MAs forming a bullish alignment, indicating a strong structure. In the MACD indicator, the DIF (0.9315)...
London Metal Exchange aluminium prices weakened across most contracts on January 21, reflecting a broad pullback from the previous session, while exchange inventories reflected significant improvement. The LME aluminium cash bid price continued to decline, reaching USD 3,112 on January 21 from USD...
A single smelter has had immense impact on the global trade scenario. Mozal’s closure hit the CBAM impacted nations, tightened the global aluminium supply chain scenario and now is influencing the Japan’s Q1 2026 aluminium premium with around a 127 per cent hike quarter-on-quarter. After a year of...
SHFE aluminium 2602 fluctuated upward in the morning session, with the price centre slightly higher than the previous trading day. Today, overall market buying sentiment improved slightly but remained at a low level, with mainstream transaction prices mainly ranging from a discount of RMB 10 per...
Futures: The aluminium alloy 2603 contract closed at RMB 22,655 per tonne. The latest candlestick broke below the short-term support, hitting a low of 22,525, indicating that bears still dominated. Open interest was 19,393, down 127 from the previous value, suggesting funds were exiting during the...
