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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LME aluminium price edged lower at US$1433.5/t; SHFE aluminium price jumped to US$1831/t
The US dollar hit a three-week high on Thursday before giving back much of those gains, as investors continued to digest Federal Reserve Chairman Jerome Powell’s dismissal of speculation over US interest rates entering negative territory and his glum forecast for the economy. Three-month LME...
Three-month LME aluminium closed 0.24% lower; SHFE aluminium fell 0.12%
The US dollar erased earlier losses to trade largely flat against a basket of currencies on Wednesday. LME aluminium sank 0.2% and SHFE aluminium firmed 0.3%. Three-month LME aluminium hit an intraday high of US$1,486 per tonne before easing to close down 0.24% at US$1,476 per tonne. LME aluminium...
Alumina price drops by RMB5/t in China after two consecutive days of restraint; A00 aluminium ingot price rises to RMB12790/t
After remaining restrained for the two consecutive days following a rise to RMB 2,211 per tonne, the average alumina spot price in China has dipped by RMB 5 per tonne to RMB 2,206 per tonne on Thursday, May 14, found Shanghai Metals Market. In the east, the average alumina price has declined by RMB...
A00 aluminium ingot price records highest decline since April by falling RMB270/t; Aluminium alloy(A356) shrinks RMB300/t
According to Shanghai Metals Market, the A00 aluminium ingot price has recorded a sharp fall of RMB 270 per tonne to RMB 12,770 per tonne on Wednesday, May 13. This marks the highest decline in A00 aluminium ingot price since April 2020. On April 2 and April 21, the primary aluminium ingot price...
Three-month LME aluminium slipped on Tuesday by 1.14% to US$1,479.5/t; SHFE plunged to US$1802/t
The US dollar fell on Tuesday as the US Federal Reserve started its long-anticipated program to buy corporate bonds and the exchange traded funds that track them, but declines were kept in check by growing fears of a second wave of infections. Three-month LME aluminium slipped on Tuesday, erasing...
NALCO cuts its aluminium ingots price by INR2600/t with effect from May 9
"National Aluminium Co Ltd" has cut the prices of its aluminium ingots for the sixth time in a row. With effect from Saturday, May 9, the prices of ingots came in at INR 132,550-136,050 per tonne, down nearly 1.92% or INR 2,600 per tonne from INR 135,150 per tonne-INR 138,650 per tonne on May 1....
A00 aluminium ingot price rises marginally by RMB10/t; Bauxite price in Guangxi and Guizhou falls
Following a jump of RMB 190 per tonne, the "A00 aluminium ingot price" has recorded a marginal rise today, on May 12, found the "Shanghai Metals Market". Data shows the primary aluminium ingot price has increased by RMB 10 per tonne to stand at RMB 13,040 per tonne on May 12. The average prices are...
Three-month LME aluminium closed 0.3% higher at US$1,496.5/t; SHFE aluminium climbed 1.05%
The US dollar index, which tracks the greenback against a basket of its peers, has returned above the 100-mark. LME base metals closed mostly higher on Monday. LME aluminium gained 0.3% and SHFE aluminium rose 0.8%. Three-month LME aluminium closed 0.3% higher at US$1,496.5 per tonne. Shanghai...
Vedanta cuts its aluminium ingots price after three hikes in a row
Vedanta has decreased its aluminium ingot and billet price after hiking them for the third time in a row. With effect from May 9, the prices of some ingots are in the range of INR 130,500-143,500 per tonne. This marks an decrease of INR 1000 per tonne or 0.76% from INR 131,500-144,500 per tonne on...
Alumina price marginally higher at RMB2211/t; A00 aluminium ingot prices edge higher after two days of decline
The average spot alumina price in China is up by RMB 2 per tonne or 0.09 per cent on Monday, 11 May 2020. Alumina price stands at RMB 2211 per tonne, after remaining flat at RMB 2209 per tonne since May 6. Alumina prices remain unchanged across all major markets in China. Alumina (Imported) price...
LME aluminium price trended up last week from US$1437/t to US$1450/t; SHFE increased today to US$1820/t
The US dollar declined in late trading on Friday, May 8, after official data showed a record 20.5 million job loss in the world's largest economy in April. But the greenback was on track to post its largest weekly gain compared with the euro in more than a month, although that was more related to...
A00 aluminium ingot price extends decline by RMB130/t; Aluminium alloy(A356) price down by RMB100/t
According to Shanghai Metals Market, the A00 aluminium ingot price has recorded a steep decline of RMB 130 per tonne to stand at RMB 12,840 per tonne on Friday, May 8. This marks the second consecutive decline following incessant rise, with an intermittent restraint, ranging between RMB 12,510 per...
Three-month LME aluminium closed the day 0.64% higher; SHFE aluminium fell 0.8%
The US dollar fell from two-week highs on Thursday, May 7. LME base metals extended their increase for the most part. LME aluminium advanced 0.64% and SHFE aluminium shed 0.52%. Three-month LME aluminium closed the day 0.64% higher at US$1,492 per tonne. LME aluminium is still under pressure from...
“The COVID will impact by continuing to reduce demand for aluminium which might still put more pressure on AL price,” Eloise Harvey, President of Mecfor
Mecfor supplies and manufactures specialized equipment for heavy industry for primary aluminium smelters and secondary plants, mining, rail and nuclear. Its customer-centric approach as well as its production capacity allow for a great flexibility of adaptation. They operate from Quebec Canada and...
A00 aluminium price registers a drop of RMB10/t; expected to range at RMB12950-12990/t
A00 aluminium ingot price registered a drop of RMB 10 per tonne or 0.08 per cent from Wednesday’s price of RMB 12980 per tonne. The price now stood at RMB 12970 per tonne and is expected to move within a range of RMB 12950-12990 per tonne. Spot aluminium contract is likely to be traded at a premium...
LME aluminium extended growth to US$1443/t on lower opening stock; SHFE increased to US$1816/t
The US dollar continued to rebound on Wednesday, as investors turned to the safe-haven currency in the wake of dire global economic data. The greenback advanced to its highest in more than a week against a basket of major currencies. Three-month LME aluminium came off after climbed, closing down...
LME aluminium closed yesterday's trading slightly higher; SHFE opened higher after the Labour Day holiday
The US dollar increased on Tuesday. LME base metals rose across the board on Tuesday. LME aluminium increased 0.37%. SHFE aluminium opened higher on Wednesday as trading resumed from the five-day Labour Day holiday. SHFE aluminium rose more than 1%. Three-month LME aluminium stood higher on Tuesday...
A00 aluminium ingot price jumps RMB180/t over the extended weekend; Aluminium alloys prices also up significantly
After the extended weekend holiday in China for Labour Day, the Chinese A00 aluminium ingot price has inaugurated the week starting May 6 with a jump of RMB 180 per tonne to RMB 12,980 per tonne, learned Shanghai Metals Market. The average prices are expected to range between RMB 12,960 per tonne...
