LME aluminium price chart rises further to $3,325/t; stocks remain stable
The London Metal Exchange (LME) aluminium price chart continues to record an upward trend across the pricing and contract segments on the September 8 trading session, reporting gains over the September 7 close . Opening stocks remained stable, not reporting any further decline. The LME aluminium...
LME aluminium price rises to $3,310/t: Can EGA and Alba repairs bring back 2025 levels?
The London Metal Exchange (LME) aluminium price reported improvements across the pricing and contract segments on the September 7 close, recovering from the downward trend reported at the September 4 session . As the repair and operations stabilise at the facilities of Emirates Global Aluminium...
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Aluminium fluoride raw material costs rebound; Short-term recovery possible but long-term trend remains weak
During the February cycle (February 6 to March 6), despite the increased support from raw material costs, aluminium fluoride prices still experienced a significant decline due to the impact of previous price drops and the continued weakness in downstream demand. As of now, SMM aluminium fluoride...
March prebaked anode prices surge, next month's prices may decline with weaker raw materials
During the February cycle (February 6 to March 6), SMM prebaked anode prices increased significantly. The March 2025 procurement benchmark price of a certain aluminium smelter in Shandong was RMB 5,066 per tonne, up 23.26 per cent M-o-M. According to SMM, March prebaked anode export order prices...
What happened in India's secondary aluminium industry in Feb'25? BigMint explores
India's ADC12 alloy market showed recovery in February 2025, as India's largest automaker announced March 2025 settlement prices for ADC12, which saw an increase by INR 4,210/tonne and was at INR 212,110/tonne, as demand improved and prices rose for the first time in nine months. BigMint's latest...
US aluminium premiums spike to a record $900/t, fueling hope for Novelis’ bottom line boost. But how?
The soaring price premiums for aluminium on the physical market in the United States are believed to benefit Novelis, the US subsidiary of Mr Kumar Mangalam Birla-led Hindalco Industries. A Reuters report on March 5 highlighted that aluminium premium prices in the US physical market surged to a...
Tariffs on Mexico finalised, SHFE aluminium weakens due to alumina drag
Today, the most-traded SHFE aluminium 2504 contract opened at RMB 20,600 per tonne, with a high of RMB 20,660 per tonne and a low of RMB 20,560 per tonne, closing at RMB 20,620 per tonne, up 0.22 per cent. The trading volume was 77,000 lots, and the open interest was 183,000 lots. SMM Comments: The...
Aluminium giant seeks 14% premium hike in Q2, a surging trend set owing to trade and supply concerns
A leading global aluminium manufacturing giant has recently sought a premium of USD 260 per tonne from Japanese buyers for April-June (Q2) primary metal shipments, which is a notable 14 per cent increase from the current quarter (Q1, 2025). This development is nothing but a ripple effect of the...
Aluminium prices diverge as LME gains, SHFE declines amid rising inventories
China's aluminium industry remains the world's largest, driven by high production capacity and growing downstream demand. However, rising inventories, fluctuating raw material costs, and cautious buyer sentiment are shaping market dynamics. Despite challenges, facility expansions and policy shifts...
Overseas alumina transactions decline while domestic spot prices remain largely stable
In the overnight session, the most-traded alumina 2505 futures contract opened at RMB 3,348 per tonne, reached a high of RMB 3,380 per tonne and a low of RMB 3,348 per tonne, and finally closed at RMB 3,370 per tonne, up 0.66 per cent. Open interest stood at 168,000 lots, down 5,797 lots. Regarding...
PV module factory production schedule strengthens, supporting aluminium demand for PV
PV aluminium extrusion: Recently, the PV aluminium extrusion industry has seen a rebound in orders driven by policy support and demand boosts from distributed installations. SMM survey shows that leading enterprises have experienced an increase in order volumes compared to the beginning of the...
Investors call the shots — speculative moves eclipse policy shifts in carbon markets
Policy tweaks have played a major role in the European carbon prices — but in the recent couple of days what seems to be the real driver behind is investor behaviour. As the European Commission tweaks with its Carbon Border Adjustment Mechanism (CBAM), traders and funds are calling the shots,...
SMM: Weekend sees improved overall trading of aluminium ingots
In the early trading session, SHFE aluminium front-month contract fluctuated. As it was the weekend, downstream restocking combined with active trading by traders improved the activity in the spot market today. Specifically, in East China, trading was active, and spot discounts remained unchanged...
Aluminium scrap rises along with primary aluminium, market trading remains moderate
On Friday, spot primary aluminium rose by RMB 50 per tonne compared to the previous trading day, with SMM A00 spot price closing at RMB 20,600 per tonne. Aluminium scrap market quotations fluctuated rangebound following aluminium prices. Today's concentrated quotations for baled UBC aluminium scrap...
Four-digit profit from just 10 units of Vedanta’s shares? Discover the mid-term outlook…
There is a projection looming that Vedanta’s share price will jump to a target price of INR 600 (US$6.87) following the group’s demerger plan to be executed by the first quarter of FY2025-26. This estimation will most likely materialise, if not by the end of this year, then within the next two. The...
2024: Press Metal posts a 44% hike in full-year net profit supported by strong aluminium prices
Press Metal Aluminium Holdings Bhd, a Malaysia-based largest aluminium smelter in Southeast Asia, has announced its fourth-quarter and full-year results of 2024, reporting stupendous financial gains supported by increased aluminium prices on LME and strong global demand. Figures and numbers...
SMM: Total registered volume of alumina warehouse warrants exceeds 100,000 tonnes, spot prices may fluctuate in the short term
Futures Market: During the night session, the most-traded alumina 2505 futures contract opened at RMB 3,347 per tonne, reached a high of RMB 3,385 per tonne, a low of RMB 3,320 per tonne, and closed at RMB 3,366 per tonne, up RMB 19 per tonne or 0.58 per cent, with an open interest of 170,000 lots....
Trump tariffs cause sleepless nights for the food & beverage industry! How will they manage the rising costs?
Donald Trump's 25 per cent tariff on imported aluminium and steel has left many domestic industries worried about price hikes of end products, including the food retail industry, as it is one of the largest consumers of these metals, relying heavily on imports. The local and small companies of soft...
China market update: Aluminium derivatives pricing trend decoded
Last week’s market has been all about dynamic pricing across the aluminium sector — both for AL as a product and, in turn, for the affected allied industries. The market spots records of resuming downstream production after a prolonged Chinese holiday break. Hence, owing to the growing bullish...
Consumption yet to be realised, SHFE aluminium fluctuated and adjusted today
Today, the most-traded SHFE aluminium 2504 contract opened at RMB 20,550 per tonne, with a high of RMB 20,680 per tonne and a low of RMB 20,540 per tonne, closing at RMB 20,615 per tonne, up 0.34 per cent. The trading volume was 145,000 lots, and the open interest was 204,000 lots. On the macro...
