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’s aluminium ingot price now stands at INR 146,500-159,500/t
Vedanta hikes its aluminium products price for the third time in a row. With effect from Wednesday, 05 August 2020, the prices of some aluminium ingots are in the range of INR 146,500-159,500 per tonne, an increase of 1.74% or INR 2,500 per tonne from INR 144,000-157,000 per tonne on July 30. With...
Hindalco expands its aluminium prices by more than 1.5% in response to the growing LME price
Hindalco Industries Limited has extended its aluminium ingot and aluminium product price hike for the third time in a row with effect from Wednesday, August 5. According to the price listed by Hindalco, the aluminium ingot price is now standing at INR 147,750 per tonne, up by INR 2,500 per tonne or...
Three-month LME aluminium closed at US$1,768/t; SHFE aluminium added 0.69%
Three-month LME aluminium finished the day 1.35% firmer at $1,768 per tonne on weaker US dollar index. As of Tuesday August 4, LME aluminium cash (bid) price stands at US$ 1709.50 per tonne, LME official settlement price stands at US$ 1709.50 per tonne; 3-months bid price stands at US$ 1748.50 per...
Alumina spot price in China extends decline by RMB8/t pulling down the price of A00 aluminium ingot to RMB14920/t
The average alumina spot price in China has extended its decline on Wednesday, August 5, however, slower than the previous day. Today, the price has decreased by RMB 8 per tonne to stand at RMB 2,347 per tonne versus the fall of RMB 32 per tonne last day, according to the Shanghai Metals Market. In...
Average alumina spot price in China declines to RMB2355/t, while A00 aluminium ingot price touches RMB15000/t level
Following restraints in the past two days at RMB 2,387 per tonne, the average alumina spot price has declined today, on August 4, by RMB 32 per tonne to RMB 2,355 per tonne, found the Shanghai Metals Market. In the central, the alumina price has decreased by RMB 35 per tonne to RMB 2,355 per tonne...
LME aluminium price closed lower at US$1679.50/t, SHFE increased by US$20/t
Three-month LME aluminium closed 2.02 per cent higher at US$ 1,744.5 per tonne on Monday, August 3. Both LME aluminium cash (bid) price and LME official settlement price, as of Monday, August 3, decreased by US$ 6 per tonne to stand at US$ 1679.50 per tonne. 3-months bid price and 3-months offer...
NALCO’s aluminium ingots price stands at INR 145,700 – 149,150/t with effect from August 1
National Aluminium Company Limited (NALCO) has increased its aluminium products price for second time in a row. With effect from Saturday August 1, NALCO's aluminium ingots price stood at INR 145,700 – 149,150 per tonne, registering a hike of INR 200 or 1.39 per cent from INR 143,700-147150 per...
United States sees a monthly rise of 4% in primary aluminium production in May 2020, daily average output remains flat
The latest report from the United States Geological Survey shows the primary aluminium output in the US in May 2020 stood at 96,000 tonnes, up 4,000 tonnes or 4.35 per cent from 92,000 tonnes in April. On a year-on-year comparison, the production in the US in May stood higher by 2,000 tonnes or...
Three-month LME aluminium closed 0.84% weaker at US$1,710/t; SHFE ended 0.24% lower
US dollar plunged last week. Nonferrous metals prices on the LME were mixed on Friday July 31. LME aluminium fell 0.84%. Three-month LME aluminium closed 0.84% weaker at US$1,710 per tonne on Friday in choppy trading. As of Friday July 31, LME aluminium cash (bid) price stands at US$ 1685.50 per...
Prebaked anode price in China grows after a month to stand at RMB2930/t, A00 aluminium ingot price falls by RMB120/t
According to the Shanghai Metals Market, the prebaked anode price in East China has recorded a hike of RMB 180 per tonne to stand at RMB 2,930 per tonne on August 3, marking a rise in the last one month since an increase of RMB 80 per tonne to RMB 2,750 per tonne on July 1, 2020. The average prices...
LME aluminium price trended up last week from $1661.5/t to $1685.5/t; SHFE price rallied to $2141/t
Three-month LME aluminium rose 0.77 per cent to end at a new more than four-month high of US$1,710 per tonne on Monday, July 27, in choppy trading. On July 28, it strengthened 0.91 per cent to end at US$ 1,725.50 per tonne, after hitting its highest in nearly five months at US$ 1,728 per tonne...
Vedanta’s aluminium ingot selling price is now at INR144000-157000/t after a hike w.e.f July 30
Vedanta Limited has continued to hike its aluminium ingot and aluminium product prices, following the growth on July 24. The latest hike in price came into effect on July 30, marking the second consecutive increase in Vedanta’s aluminium prices. Vedanta is now selling its aluminium ingot at INR...
COVID-19 impact: AMAG’s H1 revenue declined 16.4% due to lower shipments and aluminium price
AMAG, a leading Austrian premium supplier of high-quality aluminium cast and flat rolled products, reported revenue of EUR 463.8 million in the first half of 2020, down 16.4% due to lower shipments and aluminium price. “Global economic growth in the first half of 2020 was considerably affected by...
Three-month LME aluminium stood at US$1,724.5/; SHFE finished 1.8% higher at RMB14,720/t
Three-month LME aluminium weakened 0.17% to US$1,724.5 per tonne in choppy trading on Thursday. It is expected to move between US$1,710-1,750 per tonne today. As of Thursday July 30, LME aluminium cash (bid) price stands at US$ 1681.50 per tonne, LME official settlement price stands at US$ 1681.50...
Aluminium ingot price in Foshan rises by RMB 10/t to stand at RMB 14940/t
A00 aluminium ingot price remained unchanged at RMB 14990 per tonne. The price is expected to move within a range of RMB 14970-15010 per tonne. Aluminium ingot price in Foshan registered an increase of RMB 10 per tonne from Thursday’s price of RMB 14930 per tonne. The price now stood at RMB 14940...
Hindalco’s aluminium ingot price stands at INR 145,250 per tonne with effect from July 30
Hindalco Industries Ltd has raised its aluminium products price for the second time in a row. With effect from Thursday July 30, Hindalco aluminium ingots price now stands at INR 145,250 per tonne, an increase of 1.4% or INR 2,000 per tonne from INR 143,250 per tonne on July 24. The company is now...
Three-month LME aluminium hit five-month high of US$1,730/t earlier in the session; SHFE aluminium surged 1.5%
Three-month LME aluminium hit a new five-month high of US$1,730 per tonne earlier in the session and ended a tad firmer at US$1,727.5 per tonne on Wednesday. Open interest for the contract shrank to 794,000 lots. It is likely to move between US$1,710-1,750 per tonne today. As of Wednesday July 29,...
A00 aluminium ingot price jumps by RMB210/t marking the fourth consecutive hike; Alumina spot price continues to plunge
The A00 aluminium ingot price has jumped by RMB 210 per tonne on Thursday, July 30, to stand at RMB 14,990 per tonne, marking the fourth consecutive hike this week, found the Shanghai Metals Market. Limited supplies and fair consumption of primary aluminium ingots, resulting in incessant drops in...
