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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According to Mysteel's price assessment, the national average spot price for metallurgical-grade alumina with purity above 98.6 per cent dipped by RMB 4 per tonne (USD 0.6 per tonne) on the day last Friday to stand at RMB 2,873 per tonne, including 13per cent VAT. Explore- Most accurate data to...
Aluminium prices moved lower on the London Metal Exchange (LME) on Thursday, November 7, reaching a two-week low as weakness in global equities weighed on sentiment across base metals. The decline came even as prospects for demand in China, the world’s biggest producer, continued to look firm....
Futures: Based on the SHFE aluminium 2601 contract, the technicals from Friday's night session showed: The price settled at RMB 21,555 per tonne, down 0.46 per cent, below all key moving averages (MA5=21,557, MA10=21,558.5, MA30=21,558.33, MA60=21,558.5), indicating a short-term bearish bias; In...
LME aluminium prices edged lower on November 7 across spot, 3-month and December contracts, while stocks and live warrants posted marginal increases day-on-day. The LME aluminium cash bid price slipped to USD 2,840 per tonne on November 7 from USD 2,861 per tonne on November 6 — a decline of 0.73...
SHFE aluminium fluctuated in the morning session, hovering around RMB 21,570 per tonne. In East China, high absolute prices dampened end-users' buying sentiment, with sporadic transactions concluded at a small discount to the SMM average price. However, as the price spread between futures contracts...
A year’s gap and the performance of Century Aluminum, the US-based leading primary aluminium producer, has gone opposite ways. Though the aluminium manufacturer is still in the safe zone in terms of financials, the shipments and sales figures tell an altogether different tale. Image source:...
Futures: The most-traded cast aluminium alloy AD2601 futures contract opened at RMB 21,090 per tonne overnight, rose to RMB 21,165 per tonne in early trading, then pulled back, and finally closed at RMB 20,965 per tonne, down slightly by 0.05per cent, showing a fluctuating trend of "retreat after...
On Thursday, November 6, the London Metal Exchange (LME) aluminium price rose after a sharp decline the previous close. However, the LME aluminium 3-month Asian Reference Price continued to show a declining trend. Both the LME cash bid and offer contracts rose by USD 23 per tonne or 0.81 per cent,...
Macro front, internationally, mid-week this Wednesday, US Supreme Court justices expressed significant doubts about former President Trump's authority to unilaterally impose comprehensive tariffs, questioning whether Trump could bypass Congress to initiate trade conflicts. However, government...
Futures: During the night session on November 5, the most-traded SHFE aluminium contract opened lower, then surged before entering a consolidation phase. The 2512 contract opened at RMB 21,355 per tonne, hit a high of RMB 21,475 per tonne, touched a low of RMB 21,330 per tonne, and closed at RMB...
The start of the week reflected an enhanced London Metal Exchange (LME) aluminium price, but the following represented a dip in the LME, where cash, 3-month contract and forward contract dipped significantly. Both the LME cash bid and offer fell by USD 14.5 per tonne or 0.5 per cent, down from USD...
Just after Ball Corporation celebrated 90 years in the can manufacturing business, stakeholders cautiously rejoiced yet again as its third quarter felt a lot less like a wobble and more like a careful pivot wherein numbers whispered “steady” if anyone listened closely. Explore- Most accurate data...
Aluminium prices on the London Metal Exchange (LME) moved lower on November 4, marking a modest decline across cash, three-month, and forward contracts. The cash bid price fell 1.71 per cent to USD 2,852.50 per tonne, while the cash offer eased 1.72 per cent to USD 2,853 per tonne, compared with...
Futures: On the night session of November 4, the most-traded SHFE aluminium contract opened higher but came under pressure and pulled back, then moved into consolidation, generally holding steady at high levels. The 2512 contract opened at RMB 21,395 per tonne, hit a high of RMB 21,440 per tonne...
China's alumina prices in the spot market continued to fall last week, though at a slower pace, as overall supply remained abundant despite minor production disruptions in North China. Image for referential purposes only Explore- Most accurate data to drive business decisions with 50+ reports...
The start of the week reflected an enhanced London Metal Exchange (LME) aluminium price, where cash, 3-month contract, and forward contract also rose significantly. However, a slight decline has been seen in the opening stock & cancelled warrants. LME cash bid grew by USD 17.5 per tonne or 0.60 per...
According to SMM data, the average tax-inclusive full cost of China's aluminium industry in October 2025 was RMB 15,889 per tonne, down 1.8 per cent M-o-M and 13.3 per cent Y-o-Y, mainly due to the decline in the average monthly spot alumina price during the period, leading to lower costs. SMM data...
The national weighted average full cost of alumina in October was approximately RMB 2,956 per tonne, down RMB 46 per tonne month-on-month; the weighted average cash cost was about RMB 2,786 per tonne. Cost Breakdown: Bauxite: In October, the price of imported bauxite bulk cargo from Guinea...
