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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China’s A00 aluminium ingot price stands below RMB19000/t in over four months
According to the Shanghai Metal Market (SMM) survey, China’s A00 aluminium ingot price has witnessed a sharp fall of RMB 260 per tonne from the previous trading day to stand at RMB 18,900 per tonne. After more than four months, the price has pegged below the RMB 19,000 per tonne level. The average...
LME aluminium price hits over 4-month low owing to lacklustre condition in China; SHFE price loses US$37/t
The previous trading day, LME aluminium opened at US$2,287 per tonne, reached a high of US$2,299 per tonne, a low of US$2,239.5 per tonne, and closed at US$2,247 per tonne, down US$34 per tonne, a decrease of 1.49 per cent. As per the LME data, aluminium prices on Monday stood at their lowest in...
China’s A00 aluminium ingot price declines by RMB270/t W-o-W, reflecting the continuing downward trend
According to Shanghai Metal Market (SMM) survey China’s A00 aluminium ingot price on July 29, has decreased by RMB 40 per tonne or 0.21 per cent from the previous day, settling at RMB 19,160 per tonne. This price shift marks a slight decline from the previous trading session, highlighting a...
LME aluminium price closes the week with a rise of US$10.5/t; SHFE price falls to US$2648/t
The previous trading day, LME aluminium opened at US$2,275 per tonne, hit a high of US$2,298 per tonne and a low of US$2,270 per tonne, and closed at US$2,281 per tonne, up US$3.5 per tonne, or 0.15 per cent. On Friday, July 26, both LME aluminium cash bid price and LME aluminium official...
Upstream Weekly Recap: World’s H1 aluminium production grows as expected; EGA, first in the world to digitise metals quality analysis system on LME
This week, the primary aluminium sector was under a havoc media spotlight from the entire upstream aluminium industry, featuring many crucial events and updates. Besides the global aluminium prices reaching almost a four-month low, what made several round-ups on the internet were Emirates Global...
A00 aluminium ingot price recovers RMB190/t from the previous day’s loss; Aluminium alloy prices garner RMB200/t
According to the Shanghai Metals Market survey, A00 aluminium ingot price has recovered RMB 190 per tonne to close the week on Friday, July 26, at RMB 19,200 per tonne. However, despite the latest rise, the price is down week-on-week by RMB 290 per tonne and month-on-month by RMB 860 per tonne. The...
LME aluminium price plunges by US$47.5/t, losing 4.98% W-o-W; SHFE price edges up by US$20/t
The previous trading day, LME aluminium opened at US$2,298 per tonne, hit a high of US$2,303 per tonne and a low of US$2,266 per tonne, and closed at US$2,277.5 per tonne, down US$17.5 per tonne, a decrease of 0.76 per cent. Aluminium prices have been significantly down since the beginning of July....
China’s aluminium market continues facing bearish sentiment, with A00 aluminium ingot price losing RMB1190/t in a month
According to Shanghai Metal Market (SMM) survey, China’s A00 aluminium ingot price has descended by RMB 190 per tonne to clock at RMB 19,010 per tonne on July 25, continuing the bearish trend observed over the past weeks. This reduction brings the price to a level substantially lower than earlier...
LME aluminium price sees a slight gain overnight but no W-o-W improvement; SHFE price marks a loss of US$67/t over the week
On Wednesday, July 24, the three-month LME aluminum contract opened at US$2,296 per tonne, reached a high of US$2,320.50 per tonne and a low of US$2,286 per tonne, and closed at US$2,295 per tonne, down US$2.5 per tonne or 0.15 per cent. LME aluminium cash bid price and LME aluminium official...
China’s A00 aluminium ingot price records a sharp M-o-M fall of RMB1060/t, standing at a 4-month low
Amid growing concerns about demand, A00 aluminium ingot price has continued to decline by RMB 90 per tonne on Wednesday, July 24, to reach RMB 19,200 per tonne, marking almost a four-month low. The average prices are expected to range between RMB 19,180 per tonne and RMB 19,220 per tonne, with spot...
LME aluminium price moves up by US$5/t, but loses 4.18% W-o-W; SHFE price contracts by US$15/t
The previous trading day, LME aluminium opened at $2,319 per tonne, hit a high of $2,327 per tonne and a low of $2,293 per tonne, and closed at $2,298.5 per tonne, down $16 per tonne, a decrease of 0.69 per cent. After witnessing a fall for the past few days, the LME aluminium cash bid price and...
SMM A00 aluminium ingot price descends by RMB140/t; Low-carbon aluminium price drops to RMB20,117/t
According to the Shanghai Metals Market (SMM), China’s A00 aluminium ingot price has declined by RMB 140 per tonne to settle at RMB 19,290 per tonne as of today. China has been experiencing a continuous fall in domestic aluminium ingot prices since early July, owing to bearish demand among...
Growing demand concerns push LME aluminium price to almost a 4-month low; SHFE price loses over $150/t M-o-M
On Monday, July 22, the three-month LME aluminium contract opened at US$2,345 per tonne, reached a high of US$2,364.50 per tonne, a low of US$2,296 per tonne, and closed at US$2,314.50 per tonne, down US$35.50 per tonne or 1.51 per cent. The above downward graph of the LME aluminium benchmark price...
Upcoming iPhone series to feature aluminium alloy frame & much more: Leaks suggest
Apple is a brand that resonates with innovation, sustainability, loyalty and creativity, so it is no wonder customers relate to it intimately. A recent leak has unveiled detailed configurations for Apple's upcoming 2025 iPhone lineup, including the iPhone 17 series and the iPhone SE 4. Constructed...
China’s aluminium extrusion exports maintain a growing trend in H1 driven by higher overseas premiums
According to the Shanghai Metals Market survey, China’s aluminium extrusion export volume, including HS codes 76041010, 76041090, 76042100, 76042910, and 76042990, amounted to 97,500 tonnes in June 2024, reflecting an increase of 6.47 per cent month-on-month and 9.14 per cent year-on-year. From...
China’s A00 aluminium ingot price stands at a 3-month low, grappling with inventory restocking; Input costs stand steady
According to the Shanghai Metals Market survey, A00 aluminium ingot price initiated the week of July 22 with a downfall of RMB 60 per tonne to stand further below the RMB 19,500 per tonne level. Data shows the price has clocked at RMB 19,430 per tonne, marking the lowest in the past three months....
LME aluminium benchmark price contracts by US$23/t; SHFE price slumps to US$2682/t
The previous trading day, LME aluminium opened at US$2,381.5 per tonne, with a high of US$2,385.5 per tonne, a low of US$2,350 per tonne, and closed at US$2,350 per tonne, down US$35.5 per tonne, a decrease of 1.49 per cent. On Friday, July 19, both LME aluminium cash bid price and LME aluminium...
Upstream Aluminium Weekly Recap: China sets new record for aluminium production with 3.67 million tonnes in June
Aluminium is an essential component of the global economy, and this week, the upstream sector witnessed some significant events. To begin with, China, a dominant force in the global aluminium market, has once again demonstrated its leadership. As per the data from the National Bureau of Statistics...
