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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Amidst Covid-19: AlCircle pledges to support your business
Since last few weeks, something is bothering each one of us. Something is not letting us be in peace. Something is causing unwarranted disruptions in our life’s. While on one hand few of us are fighting our personal battles, on the other hand our businesses are witnessing great uncertainties....
Vedanta cuts its aluminium ingot price by 2%
Vedanta has cut the prices of its aluminium ingots and billets for the fourth time in a row. With effect from March 24, the prices of some ingots are in the range of INR 131,750-144,750 per tonne, down from INR 134,250-147,250 per tonne on March 19. The company is now selling its billet at INR...
Hindalco reduces its aluminium ingot price by 2% with effect from March 24
Hindalco Industries Limited has dropped the prices of its aluminium ingots by 1.65%, the fourth consecutive cut in price. With effect from March 24, the price for Hindalco aluminium ingots now stands at INR 134,500 per tonne, from INR 136,750 per tonne, on March 19. The prices of wire rods and...
Three-month LME aluminium decreased to close at US$1,554.5/t; SHFE ended 0.53% higher
The US dollar fell against a basket of currencies on Tuesday. LME aluminium and lead, closed lower overnight. The SHFE kept its night trading session suspended. Three-month LME aluminium weakened in a volatile trading session and ended at US$1,554.5 per tonne. Shanghai Metals Market expects the...
Hike in A00 aluminium ingot and aluminium alloy prices indicates growth in demand and purchase
After remaining restrained at RMB 11,220 per tonne on March 24, followed by a havoc downfall of RMB 570 per tonne on the preceeding day, the A00 aluminium ingot price today, on March 25, has gained RMB 110 per tonne to stand at RMB 11,330 per tonne, found Shanghai Metals Market. The average prices...
Primary aluminium inventories gained 17,000 tonnes over the weekend ended March 23
According to Shanghai Metals Market, the social inventories of primary aluminium ingots rose by 17,000 tonnes over the weekend across eight major consumption areas in China, including SHFE warrants, as of Monday, March 23. The price thus, came in at 1.664 million tonnes, in contrast to 1.647...
Average alumina spot price extends decline by RMB33/t; Prices of A00 aluminium ingot, aluminium alloys remain restrained
The average alumina spot price has extended decline by RMB 33 per tonne to stand as low as RMB 2,498 per tonne, as of Tuesday, March 24, found Shanghai Metals Market. In the east and central, the price has inched down by RMB 40 per tonne to hover at RMB 2,500 per tonne and RMB 2,510 per tonne,...
Three-month LME aluminium ended the day lower at $1,560/t; SHFE aluminium records a hike to $1603/t
The US dollar dropped against a basket of currencies overnight after the US Federal Reserve the Federal Reserved announced aggressive asset purchases to support markets. Three-month LME aluminium rebounded to an intraday high of US$ 1,580 per tonne after plumbing its lowest since June 2016 at US$...
COVID-19 wrecks aluminium prices and input costs in China: Primary ingot price declines by RMB570/t and alumina price by RMB32/t
A00 aluminium ingot price has again recorded a sharp decline of RMB 570 per tonne to stand to the further lowest at RMB 11,220 per tonne on Monday, March 23, according to Shanghai Metals Market data. On Thursday, March 19, the price had recorded a decrease of RMB 790 per tonne to RMB 11,730 per...
LME aluminium price almost stands flat at US$1580.5/t; SHFE declines to US$1598/t
The US dollar returned towards a three-year peak against a basket of currencies on Friday, after a pull-back earlier in the day. The greenback enjoyed its strongest week since the financial crisis last week as a global scramble for funding sent other currencies reeling. Three-month LME aluminium...
Three-month LME aluminium slides to lowest since September 2016; SHFE aluminium declines 5.41%
The US dollar rose against a basket of currencies for a third straight day on Thursday, March 18. Three-month LME aluminium slipped to lowest since September 2016 at US$1,579.5 per tonne in the final minutes of Asian trading session. It ended lower at US$1,629.5 per tonne. Shanghai Metals Market...
Alumina price in China stands lower at RMB2564/t; Prices of aluminium ingot and aluminium alloy register growth
According to Shanghai Metals Market, the average spot alumina price has further recorded a decline of RMB 2 per tonne to stand at RMB 2,564 per tonne, as of Friday, March 20. In the north, the price has dwindled by RMB 5 per tonne to RMB 2,570 per tonne. In the east, central, and south, however,...
Hindalco cuts its aluminium ingot price by 1.26% with effect from March 19
Hindalco Industries Limited has reduced the prices of its aluminium ingots by 1.26%. With effect from March 19, the price for Hindalco aluminium ingots now stands at INR 136,750 per tonne, from INR 138,500 per tonne on March 18. This is the third time in a row that the company has dropped the...
54,000 tonnes gain in primary aluminium inventories in China pushes down the ingot price to the lowest
According to Shanghai Metals Market, the social inventories of primary aluminium ingots have gained 54,000 tonnes over the week ended March 19, across eight major consumption areas in China, including SHFE warrants. The inventories are thus, now 1.647 million tonnes, in contrast to 105,000 tonnes...
Coronavirus brings in collapse at Chinese aluminium prices: Alumina price declines by RMB2/t, while A00 aluminium ingot price by RMB790/t
After remaining restrained for a day, the average alumina spot price in China is back with a drop of RMB 2 per tonne to RMB 2,566 per tonne, found Shanghai Metals Market. In the east, the price has declined by RMB 10 per tonne to RMB 2,565 per tonne; while in the other parts of China, the price...
LME aluminium price stood further down at US$1602.5/t as US dollar surpassed 100 mark; SHFE slashed to US$1693/t
The US dollar extended its gains against a broad range of currencies on Wednesday, surpassing the 100 mark for the first time since 2017, as companies and investors worried by the coronavirus outbreak rushed to the world’s most liquid currency. Three-month LME aluminium rebounded in European and...
Coronavirus outbreak continues to affect Chinese primary aluminium and aluminium alloys prices; Fall by RMB 50-100/t
According to Shanghai Metals Market, the A00 aluminium ingot price has continued to record a decline today, as on March 18. Registering a fall of RMB 80 per tonne, the price today is RMB 12,520 per tonne. The average prices are expected to range between RMB 12,500 per tonne and RMB 12,540 per...
Three-month LME aluminium ended at US$1639/t; SHFE further fell to US$1801/t
The US dollar surged against a broad range of currencies on Tuesday as companies and investors sought out the most liquid currency as concerns about economic shutdowns from the coronavirus continued to dent risk appetite. Three-month LME aluminium rebounded somewhat in North American trading hours...
