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...
Grow with
AL Circle
LME aluminium benchmark price settles down by US$7/t; SHFE price moves up to US$2,801/t
LME aluminium opened at US$2,517.5 per tonne in the previous trading day, hit a high of US$2,537 per tonne, a low of US$2,513 per tonne, and closed at US$2,516 per tonne, down US$1.5 per tonne from the previous day, a decrease of 0.06 per cent. On Tuesday, July 2, both LME aluminium cash bid price...
China central bank’s monetary policy boosts A00 aluminium ingot price by RMB100/t and rescues from W-o-W fall
On July 2, 2024, China’s A00 aluminium ingot price has witnessed a modest growth after two previous consecutive days of downfall, found the Shanghai Metals Market (SMM) survey. According to SMM, the price has increased by RMB 100 per tonne to reach RMB 20,210 per tonne, driven by China's central...
LME aluminium benchmark price gains US$11/t to US$2496.5/t; SHFE price grows by US$10/t
LME aluminium opened at US$2,510 per tonne in the previous trading day, with a high of US$2,547.5 per tonne and a low of US$2,510 per tonne, and closed at US$2,517.5 per tonne, flat compared to the previous trading day's closing price. On Monday, July 1, both LME aluminium cash bid price and LME...
Key highlights from the global aluminium industry, June 2024
In June 2024, the global aluminium industry saw slight price positivity on both the LME and SHFE platforms at the beginning of the month. However, these gains were short-lived, and prices soon declined again. This reminds us again that AL Circle's industry-focused report, "Global Aluminium Industry...
China’s A00 aluminium ingot price nosedives by RMB980/t M-o-M amid subdued buying sentiment
According to the Shanghai Metals Market, A00 aluminium ingot price has initiated the month, July 1, 2024, with a dip of RMB 40 per tonne, indicating a continued bearish price trend of primary metal across the Chinese domestic market. The reason is the traditional off-season among manufacturing...
LME aluminium price stands 1.35% down W-o-W despite US$27/t of overnight surge; SHFE trends down by US$19/t over a week
On Friday, June 28, LME aluminium cash bid price and LME aluminium official settlement price surged by US$27.50 per tonne and US$27 per tonne, respectively, marking the second consecutive day of rise. The LME graph shows the prices closed the week at US$2,485 per tonne and US$2,485.50 per tonne,...
SMM A00 aluminium ingot price registers M-o-M downfall of RMB880/t; Low carbon aluminium price gains RMB92/t
On Friday, June 28, China’s A00 aluminium ingot price increased by RMB 30 per tonne to settle at RMB 20,150 per tonne, with the spot contract price expected to be traded at a discount price of RMB 100 to RMB 60 per tonne. The average prices may orbit between RMB 20,130 per tonne and RMB 20,170 per...
LME aluminium benchmark price gains US$14.5/t after two straight days of fall; SHFE price moves up by US$2/t
On the previous trading day, LME aluminium opened at US$2,506.5 per tonne, reached a high of US$2,519.5 per tonne, a low of US$2,486 per tonne, and closed at US$2,496 per tonne, down US$16.54 per tonne, a decrease of 0.66 per cent. After witnessing fall for the past two days, yesterday (Thursday,...
SMM A00 aluminium ingot price grows by RMB60/t; Low carbon aluminium price adds RMB47/t
On Thursday, June 27, China's A00 aluminium ingot price added RMB 60 per tonne to clock at RMB 20,120 per tonne, with the spot contract price expected to be traded at a discount price of RMB 100 to RMB 60 per tonne. The average prices are expected to range between RMB 20,100 per tonne and RMB...
LME aluminium benchmark price falls by US$7.5/t; SHFE price gains US$8/t
The previous trading day, LME Aluminum opened at US$2,496 per tonne, with a high of US$2,516 per tonne, a low of US$2,482 per tonne, and closed at US$2,511.5 per tonne, up US$14.97 per tonne, an increase of 0.6 per cent. On Wednesday, June 26, both LME aluminium cash bid price and LME aluminium...
India’s imported aluminium scrap prices fall W-o-W owing to monsoon slowdown despite stable LME rates
This week, India's imported aluminium scrap prices have experienced a downward correction. This is primarily due to the impact of the approaching monsoon on market demand, despite the stable LME aluminium prices. The resulting activity slowdown has led to this market shift. The 3-month LME...
China’s A00 aluminium ingot price declines by RMB140/t; Low-carbon aluminium price dwindles by RMB164/t
On Wednesday, June 26, China’s A00 aluminium ingot price declined by RMB 140 per tonne to settle at RMB 20,060 per tonne, with the spot contract price expected to be traded at a discount price of RMB 90 to RMB 50 per tonne. The average prices may stand between RMB 20,040 per tonne and RMB 20,080...
LME aluminium benchmark price moves down by US$3/t; SHFE price dips to US$2775/t
The previous trading day, LME aluminium opened at US$2,500 per tonne, reached a high of US$2,513 per tonne, a low of US$2,491 per tonne, and closed at US$2,497 per tonne, down US$6 per tonne, a decrease of 0.24 per cent. On Tuesday, June 25, both LME aluminium cash bid price and LME aluminium...
China’s A00 aluminium ingot price declines by RMB150/t W-o-W; Low-carbon aluminium price slumps by RMB70/t
On Tuesday, June 25, China’s A00 aluminium ingot price dropped by RMB 60 per tonne to settle at RMB 20,200 per tonne, with the spot contract price expected to be traded at a discount price of RMB 90 to RMB 50 per tonne. The average prices may orbit between RMB 20,180 per tonne and RMB 20,220 per...
LME aluminium benchmark price moves up to US$2454.5/t; SHFE price loses US$4/t
The previous trading day, LME aluminium opened at US$2,510.5 per tonne, hit a high of US$2,531 per tonne and a low of US$2,495.5 per tonne, and closed at US$2,497.5 per tonne, down US$16 per tonne, a decrease of 0.64 per cent. On Monday, June 24, both LME aluminium cash bid price and LME aluminium...
China’s A00 aluminium ingot price opens the week with a fall of RMB 150/t; Aluminium powder price inches down by RMB0.1/kg
On Monday, June 24, China’s A00 aluminium ingot price has slumped by RMB 150 per tonne to settle at RMB 20,260 per tonne, with the spot contract price expected to be traded at a discount price of RMB 80 to RMB 40 per tonne. The average price for the same day is likely to orbit between RMB 20,240...
LME aluminium benchmark price loses US$8.5/t to US$2452.5/t; SHFE price drops to US$2802/t
The previous trading day, LME aluminium opened at US$2,522.5 per tonne, hit a high of US$2,537.5 per tonne and a low of US$2,501 per tonne, and closed at US$2,513 per tonne, down US$8 per tonne, a decrease of 0.32 per cent. On Friday, June 21, both LME aluminium cash bid price and LME aluminium...
Despite a dip, China's A00 aluminium ingot mitigates weekly price trend with RMB30/t growth
According to the Shanghai Metals Market survey on June 21, A00 aluminium ingot price in China has suffered a loss of RMB 40 per tonne after two consecutive days of rise, settling at RMB 20,410 per tonne at the end of the week. The average prices are expected to range between RMB 20390-20430 per...
