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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LME aluminium price expands by US$16/t on continued declining stocks; SHFE price shrinks by US$5/t
On Thursday, June 20, three-month LME aluminium contract opened at US$2,493 per tonne, reached a high of US$2,525.50 per tonne and a low of US$2,491 per tonne, and closed at US$2,521 per tonne, up US$31.50 per tonne, an increase of 1.27 per cent. On the same day, LME aluminium cash bid price and...
China’s A00 aluminium ingot price starts regaining but shows no sign of jump due to weak demand
According to the Shanghai Metals Market survey, China’s domestic A00 aluminium ingot price has mirrored the same growth as the previous day. It has increased by RMB 50 per tonne to reach RMB 20,450 per tonne, marking the second consecutive day of rise. The average prices are expected to range...
LME aluminium benchmark price gains US$17.5/t; SHFE price inches up by US$1/t
On the previous trading day, LME aluminium opened at US$2,495 per tonne, reached a high of US$2,520 per tonne, a low of US$2,484 per tonne, and closed at US$2,489.5 per tonne, down US$6 per tonne, a decrease of 0.24 per cent. On Wednesday, June 19, both LME aluminium cash bid price and LME...
China’s A00 aluminium price sees a growth of RMB50/t after a week-long downfall for low demand and high production
The latest Shanghai Metals Market (SMM) data reveals a mixed scenario in the aluminium market with today’s price for A00 aluminium ingot showing a slight rise of RMB 50 per tonne to RMB 20,400 per tonnes . The average prices are estimated to range between RMB 20,380 per tonne and RMB 20,420 per...
LME aluminium price recovers US$7/t from the previous day fall; SHFE price grows back-to-back
On Tuesday, June 17, LME aluminium opened at US$2,508 per tonne, reached a high of US$2,520 per tonne, a low of US$2,470 per tonne, and closed at US$2,495.50 per tonne, down US$12 per tonne, a decrease of 0.48 per cent. On Tuesday, June 18, LME aluminium cash bid price and LME aluminium official...
China’s A00 aluminium ingot price drops by RMB30/t amid muted input costs
On June 18, 2024, the Shanghai Metal Market (SMM) has reported that the price of A00 aluminium ingot stands at RMB 20,350 per tonne, marking a slight dip of RMB 30 per tonne or 0.15 per cent from the previous trading session. In USD terms, this price is approximately $2,797.56, excluding VAT. This...
LME aluminium benchmark price dwindles by US$45.5/t; SHFE price gains US$17/t
The previous trading day, LME aluminium opened at US$2,519.5 per tonne, reached a high of US$2,523.5 per tonne, a low of US$2,476.5 per tonne, and closed at US$2,507.5 per tonne, down US$15.5 per tonne, a decrease of 0.61 per cent. On Monday, June 17, both LME aluminium cash bid price and LME...
The latest premium bid for Japan’s Q3 aluminium shipments is even higher than Q2
According to a report on June 18, some global aluminium producers sought a premium of $185-190 per tonne from Japanese buyers for July-September primary aluminium shipments. The news came after three people directly involved in quarterly pricing talks said. Compared to the second quarter’s premium...
China’s A00 ingot price declines by RMB180/t, depicting weaker-than-expected demand trend
China’s domestic aluminium market has been facing a considerable fluctuation, resulting in a continuous decline in aluminium prices. According to the Shanghai Metal Market (SMM), A00 aluminium ingot price has registered a fall of RMB 180 per tonne over the weekend to stand at RMB 20,380 per tonne....
LME aluminium benchmark price descends by US$32.5/t; SHFE price loses US$33/t
The previous trading day, LME aluminium opened at US$2,539 per tonne, reached a high of US$2,552.5 per tonne and a low of US$2,502 per tonne, and closed at US$2,523 per tonne, down US$21.5 per tonne, a decrease of 0.84 per cent. On Friday, June 14, both LME aluminium cash bid price and LME...
Vedanta expands its aluminium prices by 1% at the end of the week, aligned with LME price move
Vedanta Limited, an Indian multinational mining company, has increased its aluminium selling prices with effect from Friday, June 14, following a cut on June 12. This move is in line with the global aluminium benchmark price on the London Metal Exchange (LME), which escalated on June 13. With...
China’s A00 aluminium ingot price loses RMB250/t through the week; Imported bauxite price from Guinea gains US$1/t overnight
The market for aluminium ingot has experienced a major adjustment across various regions in China on Friday, June 14. According to the Shanghai Metal Market (SMM) survey, A00 aluminium ingot price has recorded at RMB 20,560 per tonnes, reflecting a decrease of RMB 100 per tonne following a downfall...
LME aluminium benchmark price gains US$22/t to US$2498/t; SHFE price drops to US$2831/t
LME aluminium opened at US$2,566 per tonne in the previous trading day, with the highest point at US$2,591 per tonne, the lowest point at US$2,528.5 per tonne, and closed at US$2,544.5 per tonne, a drop of US$24.5 per tonne, or 0.95 per cent. On Thursday, June 13, both LME aluminium cash bid price...
India’s ADC12 aluminium ingot price in Delhi drops marginally to INR215000/t W-o-W
BigMint's latest assessment indicated a slight decline in spot prices for aluminium ADC12 alloy ingots in Delhi NCR, now at INR 215,000 per tonne, week-on-week. Additionally, tense scrap prices fell by INR 3,000 per tonne to INR 185,000 per tonne ex-Delhi, with the scrap-to-ADC12 spread recorded at...
Aluminium market performance: A mid-year analysis and outlook
As we reach the midpoint of the year, it's time to evaluate the performance of aluminium in the current market landscape. This analysis delves into the recent trends and factors impacting aluminium prices, offering insights into what we can expect in the year's second half. Aluminium prices on the...
China’s A00 aluminium ingot price declines for the fourth day, marking a W-o-W fall of 2.5%
China’s domestic A00 aluminium ingot price has descended for the fourth day in a row by RMB 130 per tonne against the backdrop of subdued manufacturing activity growth in the country. According to SMM, China’s A00 aluminium ingot price has come in at RMB 20,660 per tonne, bringing the price 2.5 per...
LME aluminium benchmark price inches down to US$2476/t; SHFE price drops by US$32/t
The previous trading day, LME aluminium opened at US$2,541.5 per tonne, reached a high of US$2,581.5 per tonne, a low of US$2,520 per tonne, and closed at US$2,569 per tonne, up US$25 per tonne, or 0.98 per cent. On Wednesday, June 12, both LME aluminium cash bid price and LME aluminium official...
NALCO trims its aluminium ingot price by INR3500/t with effect from June 8
National Aluminium Company Limited (NALCO) reduced its aluminium prices with effect from Saturday, June 8, in line with the downtrend of the LME aluminium benchmark price. The company trimmed its aluminium ingot price by INR 3,500 per tonne or 1.35 per cent on June 8 from INR 254,950-258,450 per...
