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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Press Metal Aluminium Holdings’ revenue drops by 18.9% on lower aluminium prices; PBT up 1.2%
Press Metal Aluminium Holdings Berhad, the largest Aluminium smelter in South East Asia, has announced its second quarter financial results for the three months ended 30 June 2020. Revenue decreased by 18.9% to RM1.73 billion in 2Q FY20, from RM2.13 billion in 2Q FY19 on lower realised aluminium...
Three-month LME aluminium closed 0.91% firmer at US$1,773/t; SHFE aluminium increased 0.7%
Three-month LME aluminium trended higher on Tuesday, closing 0.91% firmer at US$1,773 per tonne. Open interest fell 10,706 lots to 797,000 lots. It is expected to move between US$1,750-1,780 per tonne today. As of Tuesday August 18, LME aluminium cash (bid) price stands at US$ 1733 per tonne, LME...
A00 aluminium ingot price extends hike to RMB14640/t, Aluminium alloy(A356) price grows by RMB100/t
On Wednesday, August 19, A00 aluminium ingot price has recorded a hike for the second day in a row by RMB 100 per tonne to stand at RMB 14,640 per tonne, found Shanghai Metals Market. The average prices are expected to range between RMB 14,620 per tonne and RMB 14,660 per tonne, with spot contract...
LME aluminium price declined for the second consecutive day to $1719.5/t, SHFE price increased to $2081/t
US dollar fell for four straight trading days, and recorded a new low since August 7 of 92.76 on Monday as weak results from a regional manufacturing survey added to doubts sowed by grim data last week that the US recovery is on shaky grounds. Three-month LME aluminium closed 0.92 per cent firmer...
A00 aluminium ingot price climbs by RMB 120/t; Aluminium alloy (A356) price stands at RMB15150/t
The A00 aluminium ingot price has increased by RMB 120 per tonne on Tuesday, 18 August 2020 after two consecutive drops. The price now stands at RMB 14540 per tonne today and is expected to move within a range of RMB 14520-14560 per tonne. In Foshan and Wuxi, the price has inched up by RMB 120 per...
A00 aluminium ingot price decreases by RMB140/t for the second consecutive day, Aluminium alloy (A356) price down by RMB150/t
According to the Shanghai Metals Market, the A00 aluminium ingot price has recorded a decrease of RMB 140 per tonne to stand at RMB 14,420 per tonne on Monday, August 17. The average prices are expected to range between RMB 14,400 per tonne and RMB 14,440 per tonne, with spot contract to be traded...
Hindalco’s aluminium wire rods price decline to stand at INR 159,850/t with effect from August 15
Hindalco Industries Ltd has dropped its aluminium products price after hiking the price of the same product by 1% on August 12. With effect from Saturday August 15, the company’s wire rods price stands at INR 159,850 per tonne, marking a decline of 1.08% or INR 1,750 per tonne from INR 161,600 per...
Three-month LME aluminium closed lower at US$1,741/t on Friday; SHFE aluminium added 0.31%
Three-month LME aluminium closed 1.28% lower at US$1,741 per tonne on Friday. Open interest increased 7,854 lots to 809,000 lots as shorts added positions. The effect of US dollar index on LME aluminium will be monitored. As of Friday August 14, LME aluminium cash (bid) price stands at US$ 1730 per...
Vedanta continues to reduce its aluminium ingot price by INR 250/t with effect from August 15
Vedanta continued to decline its aluminium products price for the second time in a row. With effect from Saturday, 15 August 2020, the prices of some aluminium ingots are in the range of INR 147,500-160,500 per tonne, marking a decline of INR 250 per tonne or 0.17% from INR 147,750-160,750 per...
NALCO increases its aluminium price by only 1% in line with LME price downtrend this week
National Aluminium Company Limited (NALCO) has expanded its aluminium and aluminium product prices for the fourth time in a row, with effect from Friday, August 14. The company has raised its aluminium ingot price by INR 1,300 per tonne or 1 per cent to INR 150,050-153,550 per tonne, as of August...
Alumina (Imported) price fell to RMB 2320/t; A00 aluminium ingot inches down by RMB 60/t
As updated by Shanghai Metals Market, average spot alumina price in China has extended its decline by RMB 12 per tonne on Friday, 14 August 2020. The price now stands at RMB 2302 per tonne today. The prices in all other major markets have also declined today, except South. The prices of alumina in...
Three-month LME aluminium closed 1.2% weaker at $1763.5/t, SHFE price decreased to $2088/t
The US dollar slid on Thursday, August 13, against some major currencies such as the euro, Swiss franc, and sterling, weighed down by the impasse in Congress about additional US stimulus to help cope with the coronavirus pandemic. Three-month LME aluminium also trended lower on Thursday, ending 1.2...
Hindalco raises its aluminium products price by INR 1,500/t with effect from August 12
Hindalco Industries Ltd has increased its aluminium products price after cutting the price of the same product on August 11. With effect from Wednesday August 12, the company’s wire rods price stands at INR 161,600 per tonne, an increase of 0.94% or INR 1,500 per tonne from INR 160,100 per tonne....
Alumina spot price in China declines by RMB25/t after a week-long restraint, A00 aluminium ingot price surges by RMB170/t
The average alumina spot price in China has recorded a decline of RMB 25 per tonne to stand at RMB 2,314 per tonne, following restraints at RMB 2,339 per tonne during August 6-12, found Shanghai Metals Market on August 13. In the north, the price has decreased by RMB 30 per tonne to RMB 2,300 per...
Three-month LME aluminium lost 0.06% to US$1,785/t; SHFE aluminium fell 0.49%
Three-month LME aluminium settled 0.06% weaker at US$1,785 per tonne on Wednesday. Open interest added 5,151 lots to 804,000 lots. As of Wednesday August 12, LME aluminium cash (bid) price stands at US$ 1730 per tonne, LME official settlement price stands at US$ 1730 per tonne; 3-months bid price...
A00 aluminium ingot price slips to RMB 14450/t; Aluminium alloy stands at RMB 15050/t
A00 aluminium ingot price declined by RMB 20 per tonne from Tuesday’s price of RMB 14470 per tonne. The price now stood at RMB 14450 per tonne on Wednesday, 12 August and is expected to move within a range of RMB 14430-14470 per tonne. This marks the third consecutive rise in aluminium ingot price....
Three-month LME aluminium closed firmer at $1786/t, SHFE continued to decline to $2066/t
The US dollar fell from one-week highs on Tuesday, August 11, as investors flocked to currencies that benefit from an improving global market outlook. Three-month LME aluminium finished the day 0.17 per cent firmer at US$ 1,786 per tonne on Tuesday. As of Tuesday, August 11, both LME aluminium cash...
Hindalco again cuts its aluminium prices w.e.f August 11 after an intermittent hike; Ingot price now stands at INR14900/t
Hindalco Industries Limited has reduced its aluminium ingot and aluminium product prices with effect from Tuesday, August 11, following a hike on August 8. The company is now selling its aluminium ingot at INR 14,900 per tonne, down by INR 1,250 per tonne or 1 per cent from INR 150,250 per tonne on...
