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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Alumina price in East China up by RMB 15/t; A00 aluminium ingot price plunges by RMB 310/t
The average spot alumina price in East China is up by RMB 15 per tonne or 0.69 per cent on Friday, 22 May 2020. Alumina price stands at RMB 2190 per tonne, after remaining flat at RMB 2175 per tonne since May 15. The price is expected to move within a range of RMB 2180-2200 per tonne Alumina prices...
LME aluminium price jumped to US$1487/t, while SHFE continued to decline by US$22.89/t
The US dollar rebounded on Thursday, while stocks on Wall Street fell as growing Sino-US tensions and dismal economic data weighed on investor sentiment. The US dollar index, which measures the greenback’s strength against a basket of currencies, rose 0.26 per cent to 99.4425. Three-month LME...
China’s aluminium billet inventories register second consecutive week of decline; Stocks hovering at 92,800 tonnes
China’s aluminium billet inventories, across five major consumption areas, expanded decline this week ending on Thursday, May 21, by 20,000 tonnes to stand at 92.800 tonnes, according to Shanghai Metals Market. Stable shipments from warehouses in contrast to limited arrivals could be attributed to...
A00 aluminium ingot price in China extends decline to RMB13460/t; Aluminium fluoride price down by RMB300/t
According to Shanghai Metals Market, the A00 aluminium ingot price has extended decline from RMB 13,480 per tonne on May 20 to RMB 13,460 per tonne on Thursday, May 21. The average prices are expected to range between RMB 13,440 per tonne and RMB 13,480 per tonne, with spot contract to be traded at...
LME aluminium price declined by US$10/t on opening stock hike by 30,050 tonnes; SHFE price dropped
The US dollar index rose slightly on Thursday morning, after touching its lowest since May 1 at 99.0014 overnight. Three-month LME aluminium resumed its rally on Wednesday, gaining 1.78 per cent to end at a three-week peak of US$ 1,515 per tonne. Optimism surrounding economic recovery is expected...
Vedanta raises its aluminium ingot price by INR 1500/t with effect from May 20
Vedanta has increased its aluminium ingot and billets price for the second time in a row. With effect from Wednesday May 20, the prices of some aluminium ingots are in the range of INR 132,000-145,000 per tonne. This marks a growth of INR 1500 per tonne or 1.15% from INR 130,500-143,500 per tonne...
Three-month LME aluminium shed 0.77%; SHFE aluminium closed 1.3% higher at RMB12,850/t
The US dollar slipped to its lowest in more than two weeks against a basket of its peers on Tuesday. LME aluminium retreated 0.8% and SHFE aluminium fell 0.4%. Three-month LME aluminium dropped 0.77% to end at US$1,488.5 per tonne on Tuesday. Shanghai Metals Market expects the contract to move at...
Four consecutive rises in A00 aluminium ingot price follows a decline today of RMB20/t; Input costs show no change
After four successive jumps ranging between RMB 12,790 per tonne on May 14 and RMB 13,500 per tonne on May 19, the A00 aluminium ingot price has recorded a dip today, on May 20, by RMB 20 per tonne to stand at RMB 13,480 per tonne, found Shanghai Metals Market. Since March 9, the primary aluminium...
Vedanta hikes its aluminium ingot price with effect from May 19
Vedanta has raised its aluminium ingot price by INRINR 1250 per tonne or 0.97% after cutting them two times in a row. The price is increased to INR 130,500-143,500 per tonne, with effect from May 19. The aluminium ingot price was in the range of INR 129,250-142,250 per tonne on May 17. With the...
Vedanta cuts its aluminium ingot price by INR 1250/t
Vedanta has cut its aluminium ingot price for the second time in a row. With effect from May 17, the prices of some ingots are in the range of INR 129,250-142,250 per tonne. This marks a decrease of INR 1250 per tonne or 0.96% from INR 130,500-143,500 per tonne on May 9. With the latest cut,...
A00 aluminium ingot price jumps RMB350/t; Aluminium alloy (ADC12) price stands at RMB14050/t
A00 aluminium ingot price recorded a big jump on Tuesday, 19 May 2020. The price registered an increase of RMB 350 per tonne or 2.66 per cent from Monday’s price of RMB 13150 per tonne. The price now stood at RMB 13500 per tonne today and is expected to move within a range of RMB 13480-13520 per...
LME aluminium price edged higher on Monday after a week-long decline; SHFE price climbed by US$42/t
The US dollar index, which tracks the greenback against a basket of its peers, dropped below the 100 mark and suffered the biggest one-day loss in six weeks on the jump in oil prices and gains in stocks. Three-month LME aluminium advanced 2.74 per cent to a one-week peak of US$ 1,500 per tonne on...
Hindalco cuts its aluminium ingot price by INR 5,000/t with effect from May 16
Hindalco Industries Ltd has cut prices of its aluminium ingots, billets and wire rods after raising the prices of the same products by 3%, which came after five consecutive price cuts. With effect from May 16, the price for Hindalco aluminium ingots now stands at INR 129,500 per tonne, a decrease...
A00 aluminium ingot price extends growth for the third day in a row to RMB13150/t; Aluminium alloy(A356) grown by RMB100/t
According to Shanghai Metals Market, the A00 aluminium ingot price has extended its rise for the third consecutive day by RMB 130 per tonne to RMB 13,150 per tonne, as of Monday, May 18. The average prices are expected to range between RMB 13,130 per tonne and RMB 13,170 per tonne, with spot...
Three-month LME aluminium slid 1.08%; SHFE closed 0.92% higher on Friday
The US dollar was little changed against a basket of rivals on Monday morning day, holding onto gains from last week. LME aluminium dropped 1.1% and SHFE aluminium stayed flat. Three-month LME aluminium slid 1.08% to end at its lowest since April 8 at US$1,460 per tonne on Friday. Shanghai Metals...
LME aluminium price trended down this week from US$1454.5-1432.5/t, while SHFE price edged higher at US$1831/t
The US dollar index, which tracks the greenback against a basket of its peers, returned above the 100-mark on Monday, May 11. On Tuesday, the dollar fell but managed to erase earlier losses on Wednesday to trade largely flat against a basket of currencies. On Thursday, May 14, the US-dollar hit a...
China’s daily aluminium output in April hit a 10-month high as smelters operating rates increase: NBS
According to the data shown by the National Bureau of Statistics, China’s aluminium production increased in April by 1.5 per cent over the year to stand at 2.97 million tonnes. The daily basis output in the said month hit a 10-month high as a rapid increase in primary aluminium prices after a...
A00 aluminium price climbs RMB 230/t; Aluminium alloy (A356) price stands higher at RMB13800/t
A00 aluminium ingot price registered an increase of RMB 230 per tonne or 1.80 per cent from Thursday’s price of RMB 12790 per tonne. The price now stood at RMB 13020 per tonne on Friday, 15 May 2020 and is expected to move within a range of RMB 13000-13040 per tonne. Spot aluminium contract is...
