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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Base metals prices on LME show positive trends, stocks witness mixed movements
Base metals prices on the London Metal Exchange (LME) showed positive trends, with nickel increasing by 1.61 per cent d-o-d. Meanwhile, inventories at LME-registered warehouses witnessed mixed trends, with zinc stocks decreasing by 1.32 per cent d-o-d. COMEX market update Copper prices on the COMEX...
Monday Market Update: Aluminium prices rise across the board on SMM, defying previous week’s declining trend
On Monday, December 23, aluminium (both primary and secondary) keeps climbing the pricing ladder at the Shanghai Metals Market (SMM). However, as per the SMM listing, alumina prices (both average and provincial pricing) remained stable, showing no changes from the previous week's closing session....
Niagara bauxite discovery grows to 12sqkm as latest drilling returns exceptional grades
Arrow Minerals Limited (ASX: AMD) is pleased to report more outstanding assays from its maiden drilling program at the Niagara Bauxite Project in Guinea. The project is located within trucking distance (~100km) of the multi-user Trans-Guinean Railway. Arrow has already completed the first pass of...
Upstream aluminium recap: EU seeks stricter sanctions on Russia; Japan’s Q1 shipment premiums remain high after negotiations
The primary aluminium sector in the upstream industry particularly captured significant attention this week with intriguing news and updates that may lead to a change in decision-making regarding metal buying and selling, investments in projects, and export or import commodities. In case you have...
Shanghai Metals Market repeats witness on aluminium and alumina prices going opposite directions
On December 20, 2024, a sudden development emerged as aluminium prices in the Shanghai Metals Market (SMM) witnessed a substantial surge. As of the latest trading session, the prices of both A00 aluminium ingot and aluminium alloy ingot have all seen notable increases. Image Source:...
Century Aluminum's stock dips 12% W-o-W, yet long-term returns remain robust
Shareholders of Century Aluminum (NASDAQ:CENX) are likely to express concern regarding the recent 13 per cent decline in the company's share price over the past month. However, this recent fluctuation does not overshadow the robust performance of the business over the last five years, during which...
Base metals prices on LME show negative trends, stocks witness outflows
Base metals prices on the London Metal Exchange (LME) showed negative trends, except for copper, which increased by 0.11 per cent d-o-d. Meanwhile, inventories at LME-registered warehouses witnessed outflows, with zinc stocks decreasing by 2.61 per cent d-o-d. COMEX market update Copper prices on...
India: Aluminium ADC12 non-OEM prices remain stable w-o-w amid sluggish demand
Prices of aluminium (non-OEM) ADC12 alloyed ingots remained stable w-o-w across both northern and southern regions in India, largely due to ongoing sluggish demand in the automotive sector and a weakened export market. BigMint's weekly assessments for ADC12 (non-OEM) grade stood at INR...
China’s alumina price slump on SMM indicates tight supply ease and subdued demand for winter heating season
Today, on December 19, the Shanghai Metals Market has indicated a drop in alumina and aluminium prices. Traditional off-season in China causing lessened demand for primary aluminium among the downstream industry is one of the major factors for sequential aluminium price fall, while production cuts...
SMM reports gradual decline in aluminium prices across China amid broader market stagnation
As the week progresses, the price listing of aluminium dips lower on the graph in the Shanghai Metals Market (SMM). According to their Wednesday (December 18) listing, apart from alumina, majority of the commodities have either remained stagnant or lost value from their previous pricing. Image...
India: Imported aluminium scrap prices remain range-bound w-o-w, certain grades see tight supply
Imported aluminium scrap prices in India remained range-bound w-o-w, with fluctuations of up to 1.5 per cent, amid moderate demand. Despite a decline in London Metal Exchange (LME) aluminium prices, certain scrap grades held firm w-o-w amid reports of supply shortages. BigMint's benchmark...
Price slump in the aluminium sector as SMM reflects widespread deflation in the third week of December
In three months, from September to November, the Shanghai Metals Market (SMM) saw a price swell in the aluminium segment that was unmatched in the long past. It was attributed to a range of factors, from international supply shortages to heightened domestic production capacity in China. However,...
Downward pressure persists on SMM aluminium prices; Alumina stagnates after surge
The aluminium metal segment in the Shanghai Metals Market has seen an across-the-board downward pricing trend on Monday, December 16. On one hand, the non-ferrous metal's primary and secondary ingot pricing has declined, and on the other hand, the alumina pricing has remained stagnant after abrupt...
Japanese aluminium buyers settle on new premium, 30% higher than Q4, but lower than previous offer
As the negotiation continued for Japanese aluminium shipment premiums for the first half of 2025, some buyers have agreed to pay less than what was offered by global producers at the end of November 2024. According to a Reuters report, the amount agreed upon by Japanese buyers is $228 per tonne,...
China’s A00 aluminium ingot price shrinks by RMB100/t overnight on muted demand; Input costs record no change
After two consecutive days of hikes, China's domestic A00 aluminium ingot price has slipped by RMB 100 per tonne to reach RMB 20,320 per tonne on Friday, December 13. Thus, the price has edged a week-on-week decline of RMB 80 per tonne or 0.39 per cent from RMB 20,400 per tonne, primarily due to...
NALCO shares stoop low under international alumina pricing influence
Shares of NALCO saw a sharp decline of over 7 per cent on Thursday, December 12, dropping to their lowest point of the day. Answering to the question of why several key factors have weighed in on this nationally and internationally. The primary trigger appears to be the movement in alumina prices,...
Base metals prices on LME show negative trends, stocks witness mixed movements
Base metals prices on the London Metal Exchange (LME) showed negative trends, except for nickel, which increased by 0.91 per cent d-o-d. Meanwhile, inventories at LME-registered warehouses witnessed mixed movements, with zinc stocks decreasing by 0.76 per cent d-o-d. Aluminium prices declined due...
SMM A00 aluminium ingot price remains range-bound with a growth of RMB40/t; Imported input costs decline
According to the Shanghai Metals Market survey, China's A00 aluminium ingot price has gained RMB 40 per tonne to reach RMB 20,420 per tonne on Thursday, December 12. Since the beginning of the week, China's domestic aluminium ingot prices have moved within a fixed range, hovering between RMB...
