LME aluminium price rises above 1%; stocks slip to 244,100t on September 14
The London Metal Exchange (LME) aluminium price reported improvements, rising above 1 per cent across the pricing segment, followed by modest gains in contracts on the September 14 close, recovering from the downward trend reported at the September 13 session . The LME aluminium cash bid and offer...
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...
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Alumina price in China increases RMB 6/t; A00 aluminium price remains unchanged at RMB 13410/t
The average spot alumina price stands at RMB 2522 per tonne on Tuesday, 25 February 2020. That was up RMB 6 per tonne or 0.24 per cent from Monday. The spot alumina prices in China have increased in Central and North markets. The average prices of Alumina-Central and Alumina-North have risen by RMB...
Three-month LME aluminium closed lower at US$1,699/t; SHFE fell to a one-year low
The US dollar continued to decline on Monday after a large bullish breakout last week, in a risk-off move spurred by the rise in coronavirus cases. LME base metals fell across the board last night. LME aluminium went down 0.7%. Three-month LME aluminium slipped to a session low of US$1,690 per...
Alumina price marginally higher at RMB2516/t; A00 aluminium ingot price falls RMB130/t
The average spot alumina price in China has extended growth by RMB 6 per tonne or 0.24 per cent from Friday to stand at RMB 2516 per tonne on Monday, 24 February 2020. Alumina prices have increased across in East and Central markets in China. The prices of alumina in East and Central markets have...
LME aluminium price recorded a fall of US$10/t; SHFE continued to decline to RMB13,580/t
The US dollar declined last Friday as downbeat US economic data grew concerns that the coronavirus outbreak has taken a toll on the US economy. Three-month LME aluminium pared some losses after it broke down US$ 1,710 per tonne, ending 0.06% lower on the day at US$ 1,711 per tonne. A softened US...
Aluminium billet inventories further expanded by 22,500t on lower consumptions by end-users
Shanghai Metals Market found a further rise in 6063 aluminium billet inventories across five major consumption areas on Thursday, February 20. According to the data, the stocks rose by 22,500 tonnes over the week to come in at 193,100. On last Thursday, February 13, the billet stocks increased by...
Average alumina spot price rallies by RMB7/t, while A00 aluminium ingot price extends drop by RMB50/t
The average alumina spot price in China has further rallied by RMB 7 per tonne to RMB 2,510 per tonne, on Friday, February 21, according to Shanghai Metals Market. This marks the fourth consecutive rise in the alumina spot price. With the continued growth, the price stands higher by RMB 56 per...
Three-month LME aluminium closed 0.75% lower; SHFE aluminium fell close to 0.3%
The US dollar rose almost 2% on Tuesday against the yen, reaching its highest in almost 10 months. LME base metals fell across the board last night. LME aluminium declined 0.8%. Three-month LME aluminium hovered weakly around US$1,710 per tonne and finished the session 0.75% lower at US$1,712 per...
Australian alumina FOB price climbs 4.91%; A00 aluminium ingot price stands at RMB 13590/t
The average spot alumina price in China is up by RMB 10 per tonne or 0.40 per cent on Thursday, 20 February 2020. Alumina price stands at RMB 2503 per tonne, after rising by RMB 7per tonne on February 19. Alumina prices have increased across all major markets in China, except South. The prices of...
Three-month LME rallied to US$1,725/t amidst US dollar hike to three-year high; SHFE decreased by US$8/t
The US dollar rose on Wednesday to near a three-year high against a basket of other currencies, as a decline in the number of new coronavirus cases in China and expectations for more stimulus measures boosted investors’ appetite for risk. Three-month LME aluminium rallied after fell to a session...
Three-month LME aluminium closed at US$1,721.5/t; SHFE aluminium gained 0.33%
The US dollar rose on Tuesday to its highest in nearly three years against the euro. LME aluminium added 0.3%. Three-month LME aluminium increased 0.26% on the day at US$1,721.5 per tonne, but the increase remained capped by a strengthened US dollar. The contract is likely to trade between...
Average alumina spot price in China extends growth by RMB7/t, but A00 aluminium ingot price shows restraint
The average alumina spot price in China has extended its rise by RMB 7 per tonne to RMB 2,493 per tonne, as of Wednesday, January 19, according to Shanghai Metals Market. The growth rate is 28 per cent, higher than the previous day. This month has been seeing a positive trend in the alumina spot...
Hindalco reduces aluminium ingots price by 1.26% with effect from February 18
Hindalco Industries Ltd has reduced the prices of aluminium ingots, billets, and wire rods by nearly 1.2% with effect from Tuesday, 18 February 2020. The aluminium ingot price now stands at INR 137,500 per tonne, a decrease of 1.26% from INR 139,250 per tonne on February 13. The prices of wire rods...
Alumina price in China stands higher at RMB2486/t; A00 aluminium ingot price gains RMB60/t
The average spot alumina price increased by RMB 6 per tonne or 0.24 per cent on Tuesday, 18 February 2020, after remaining flat on February 14 and February 17. Alumina price in China stood at RMB 2486 per tonne, from RMB 2480 per tonne. The prices of alumina rose across East and Central China...
Three-month LME aluminium slipped on strongest US dollar index in past 4 months; SHFE aluminium rose
The US dollar index held steady on Monday and climbed to the highest level at 99.211 since October 8, 2019. Three-month LME aluminium slipped to close at US$ 1,700 per tonne and finished the day 0.17 per cent lower at US$ 1,717 per tonne, primarily attributed to stronger US dollar and rebound in...
BS6 Suzuki Burgman Street 125 with all Aluminium engine launched In India
Suzuki Motorcycle India has today made public the launch of its BS6 compliant Burgman Street 125. The starting price will be INR 77,900 (ex-showroom, New Delhi), the 2020 Suzuki Burgman Street comes with a new colour option along with other amazing features. The Japanese manufacturer asserts that...
Nalco’s financial performance to rebound in the near future with anticipated alumina price hike, analysts believe
After the second straight quarterly loss in the quarter ended December 31, 2019, National Aluminium Company (NALCO) is anticipated to see higher profits in the time to come, according to market analysts. Improved coal supplies and sober costs of critical inputs such as caustic soda, coal tar pitch,...
Three-month LME aluminium lost 1.19% on Friday; SHFE aluminium fell for three consecutive days
Concerns about the extent of the coronavirus (COVID-19) in China supported the US dollar and the safe-haven yen. The US dollar index, which measures the currency against a basket of rivals, rose to its strongest since October. LME base metals fell across the board last Friday night. LME aluminium...
Prices of A00 aluminium ingot and aluminium alloy(A356) record the fourth consecutive day of fall
The A00 aluminium ingot price has recorded further downfall of RMB 40 per tonne, marking the fourth consecutive day of decline, found Shanghai Metals Market on Monday, February 17. The price has thus, come in at RMB 13,550 per tonne. The average prices are expected to range between RMB 13,530 per...
