The London Metal Exchange (LME) aluminium price faltered across the pricing and contract segments on the September 2 close. The trend reflected a contrast of the surge reported in the September 1 session . The LME aluminium cash bid pulled back by 0.18 per cent day-on-day on September 2, down to...
The most-traded SHFE aluminium 2610 contract closed at RMB 24,100 per tonne today, up RMB 30 on the day, a gain of 0.12 per cent. Trading volume was 163,674 lots, open interest stood at 242,331 lots, with a daily decrease of 6,267 lots, as both bulls and bears reduced positions to lock in profits...
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The London Metal Exchange (LME) aluminium cash bid and offer price saw a further decline on December 15 in comparison to the previous day’s close. However, the forward contracts and 3-month bid and offer rose slightly. On December 15, both the LME cash bid and offer dipped by USD 5.5 per tonne or...
In November alone, the national primary aluminium output also rose by 2.5 per cent from November 2024 to reach 3.79 million tonnes, the NBS data showed. However, the result was slightly lower by 0.2 per cent from October, Mysteel Global calculated based on official statistics. Demand from...
Futures: On Friday night, the most-traded cast aluminium alloy 2602 contract opened at RMB 21,080 per tonne, surged to a high of RMB 21,170 per tonne, then quickly fell to a low of 20,630 per tonne, and finally closed at RMB 20,875 per tonne, down RMB 240 per tonne or 1.14 per cent W-o-W. Bears...
The London Metal Exchange (LME) aluminium price on December 12 inched down from the previous day’s close. On the other hand, the LME opening stock and cancellations rose, but the live warrant witnessed a dip. The LME cash bid moved down by USD 17 per tonne or 0.6 per cent and settled at USD 2,845...
Futures: SHFE aluminium closed at RMB 22,175 per tonne in the night session, up 0.82 per cent. The price stood above all major moving averages, with MA5 (22,174) and MA10 (22,168.5) forming a bullish alignment, indicating a strong short-term structure. The MACD dual lines were above the zero axis...
India's domestic aluminium market posted mild gains W-o-W as primary producers adjusted prices in response to a stronger LME complex and renewed supply concerns abroad. The uptick came despite a well-supplied domestic market and only a gradual improvement in downstream demand. BigMint's assessment...
Futures: The most-traded cast aluminium alloy 2601 contract opened at RMB 21,070 per tonne overnight, climbed to a high of RMB 21,175 per tonne, fell to a low of RMB 20,730 per tonne, and finally closed at RMB 21,130 per tonne, down RMB 60 per tonne or 0.28 per cent from the previous close. Trading...
LME aluminium prices saw modest gains on December 11 across cash, 3-month and deferred contracts compared with the previous session, while exchange inventories continued to ease. The cash bid price rose to USD 2,862 per tonne, up from USD 2,836 per tonne on December 10 — a 0.92 per cent increase....
Aluminium fluoride (AlF3) has long been a critical ingredient in aluminium production – vital for efficient electrolysis yet scrutinised for its environmental and economic costs. On one hand, it is a necessity, on the other, a dilemma. Functionally, aluminium fluoride is a cornerstone of the...
Japan’s aluminium market may be heading into a much firmer pricing environment next year, with Marubeni Corp signalling that buyers could be paying USD 85 to USD 203 per tonne in premiums through 2026. The trading company expects international price strength to divert metal away from Asia,...
India's aluminium ADC12 alloy ingot prices remained stable M-o-M in December 2025 supported by steady automotive demand and the typical year-end slowdown, which limited any further upward movement in prices. BigMint's monthly assessment for OEM-grade ADC12 showed slight price hikes across key...
Futures: SHFE aluminium closed at RMB 21,960 per tonne in the night session, up a slight 0.18 per cent. Prices moved narrowly close to MA5 (21,959) and MA10 (21,958), with short-term moving averages flattening out, staying above MA60 (21,941.08), indicating a slightly stronger structure. The MACD...
LME aluminium prices showed mixed movement on December 10, while exchange inventories continued to ease, according to the latest market data. The LME aluminium cash bid price rose to USD 2,836 per tonne on December 10, up from USD 2,831.5 per tonne a day earlier — a 0.16 per cent increase. The cash...
China’s steel and aluminium sectors are moving in sharply different directions, with steel exports surging even as aluminium shipments decline. Steel mills, facing weak domestic demand from the flagging property sector and operating near Beijing’s informal output cap of 1.005 billion tonnes, have...
Edgardo Gelsomino has been a Subject Matter Expert in aluminium at Wood Mackenzie since 2010. Before joining Wood Mackenzie, Edgardo worked for an aluminium producer other leading London-based research and consulting firms. His work has spanned the entire aluminium value chain, including carbon...
India's imported aluminium scrap prices saw an uptrend week-on-week in the week ended 9 December, following an increase in prices on the London Metal Exchange (LME). BigMint assessed UAE-origin Tense (8-9 per cent) at USD 1,930 per tonne, up by USD 5 per tonne w-o-w, while US-origin Tense (6-7 per...
SHFE aluminium December contract fluctuated upward in the morning session, but the absolute price pulled back compared with the previous trading day. Market transaction sentiment recovered in East China, with downstream maintaining just-in-time procurement, while traders actively made purchases....
LME aluminium prices weakened on December 9 across the cash, 3-month and December 26 contracts, even as exchange inventories moved lower. The LME aluminium cash bid price slipped to USD 2,831.5 per tonne on December 9 from USD 2,867 per tonne the previous day, a decline of 1.24 per cent. The cash...
