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...
The London Metal Exchange (LME) aluminium price chart recovered on the August 28 trading session across the pricing and contract segments compared to the August 27 close. On the inventory side, opening stocks and live warrants remained stable for three consecutive sessions. The LME aluminium cash...
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Aluminium scrap: This week, aluminium scrap market prices generally moved sideways. On July 16, SMM A00 spot aluminium prices closed at RMB 23,170 per tonne, rebounding RMB 220 per tonne from last Thursday. In terms of price spreads, the price difference between A00 aluminium and mixed aluminium...
The Pacific alumina market is expected to find stronger support in the third quarter of 2026 as uncertainty over Guinea's proposed bauxite export controls, rising aluminium demand in Indonesia and the gradual recovery of Middle Eastern smelting operations begin to ease the surplus seen in the...
Futures: The most-traded SHFE aluminium 2608 contract closed at RMB 23,255 per tonne, up RMB 90 or 0.39 per cent from the previous trading day's settlement price. It opened at RMB 23,190 per tonne and fluctuated in a range of RMB 23,180-23,285 per tonne. Prices ran above the MA5 (23,185.00) and...
The London Metal Exchange (LME) aluminium prices made a modest recovery on July 16. Cash price and futures contracts improved over the previous session’s figures, while the continued decline of opening stocks indicated market volatility. On July 16, the LME aluminium cash bid price edged up from...
Futures: The aluminium alloy 2609 contract on the Shanghai Futures Exchange opened at RMB 22,910 per tonne in the morning session. It reached an intraday high of RMB 23,055 per tonne and a low of RMB 22,845 per tonne. As of 14:00, it closed at RMB 23,020 per tonne, up 115 points, or 0.50 per cent,...
Aditya Birla Group company Hindalco Industries is expected to remain in focus after Kotak Institutional Equities raised its recommendation on the company by two notches. It has shifted from 'Reduce' to 'Buy', highlighting improvement in earnings visibility with a more attractive valuation after the...
Imagine it is the final trading week of December 2031. A cargo vessel loaded with Guinean bauxite is approaching a Chinese port after weeks at sea. An aluminium smelter in the Middle East is preparing to price its next monthly shipment to an automotive customer in Europe. A commodity trader in...
The London Metal Exchange (LME) aluminium price continued to improve on July 14, following the trend of the July 13 trading session . The cash gained nearly 1 per cent as stocks recorded a consistent decline. The LME aluminium cash bid price gained 0.99 per cent day-on-day, up from USD 3,138 per...
Futures side: The Aluminium Alloy 2609 contract opened today at RMB 22,865 per tonne, with an intraday high of RMB 23,060 per tonne and a low of RMB 22,825 per tonne, closing at midday at RMB 23,005 per tonne, up RMB 180 per tonne, or 0.79 per cent. In early trading, prices edged down to the...
Aluminium prices on the London Metal Exchange (LME) are continuing to drop since the previous close. While cash, three-month contracts and stocks reported declines, longer-dated contracts improved. The LME aluminium cash bid price stood at USD 3,138 per tonne on July 13, down 0.54 per cent from USD...
After a volatile first half of the year, analysts believe that the recent correction in aluminium prices could bring favourable news. It may open up opportunities for investors in India's leading aluminium producers, including National Aluminium Company (NALCO), Hindalco Industries and Vedanta...
Germany’s aluminium exports to the global market in the first quarter (Q1) of 2026 have taken a significant dip compared with the previous years. The cumulative exports in Q1 totalled around 469,178.09 tonnes, valued at USD 2.6 billion. Out of this, aluminium bars, rods and profiles contributed...
Futures: Overnight, the most-traded aluminium alloy 2609 contract closed at 22,830, down 135 from the previous period, a decline of 0.59 per cent. Trading volume was 3,301, up 71 M-o-M, and open interest was 19,216, up 129 M-o-M. The current WR indicator at -38.96 is in the mid-range and has not...
Aluminium prices on the London Metal Exchange (LME) continued their improving trend on July 9. Cash and near-term contracts reported gains of almost 1 per cent, while stocks continued to slide, indicating depletion in the inventory amid tight market conditions. On July 9, the LME aluminium cash bid...
The London Metal Exchange (LME) aluminium price chart showed improvement on the July 7 session. Gains were posted across all the pricing segments, barring the opening stocks and cancelled warrants, which continued to edge lower. On July 7, the cash bid reached USD 3,118 per tonne, up 0.44 per cent...
Aluminium prices on the London Metal Exchange (LME) recovered at the close of the July 6 session. Moderate gains were reported across the pricing and contract segments, while the declining trend in inventory continued to persist. The LME aluminium cash bid price stood at USD 3,104.5 per tonne on...
Iluka has entered into a long-term agreement with VHM Limited to purchase all planned rare earth concentrate production from the Goschen project in western Victoria, supporting feedstock requirements for its Eneabba rare earths refinery in Western Australia. Under the agreement, VHM will supply...
The global aluminium value chain continued to witness a mix of shifting market dynamics, strategic investments, supply chain realignments, and policy developments over the past week. From evolving raw material trends and production updates to new mining projects, trade partnerships, corporate...
