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 demonstrates a W-o-W decline of RMB280 with a latest drop of RMB20/t
As of June 12, 2024, China’s latest aluminum price data reveals minor movements across the market. According to the Sanghai Metals Market (SMM), A00 aluminum ingot price has experienced a drop of RMB 20 per tonne followed by a plunge of RMB 360 per tonne on the previous day, settling at RMB 20,790...
LME aluminium benchmark price declines by US$40.5/t; SHFE price drops to US$2870/t
The previous trading day, LME aluminium opened at US$2,575.5 per tonne, reached a high of US$2,589 per tonne, a low of US$2,529 per tonne, and closed at US$2,544 per tonne, down US$38 per tonne, a drop of 1.47 per cent. On Tuesday, June 11, both LME aluminium cash bid price and LME aluminium...
LME aluminium benchmark price dwindles by US$63/t; SHFE price contracts by US$44/t
On the previous trading day, LME aluminium opened at US$2,576 per tonne, reached a high of US$2,586.5 per tonne, a low of US$2,550.5 per tonne, and closed at US$2,582 per tonne, up US$6 per tonne, an increase of 0.23 per cent. On Monday, June 10, both LME aluminium cash bid price and LME aluminium...
China’s domestic A00 aluminium ingot price slumps by RMB360/t over the weekend; Alumina price inches up by RMB1/t
According to the Shanghai Metals Market survey, China’s domestic A00 aluminium ingot price has plummeted by RMB 360 per tonne over the weekend to reach RMB 20,810 per tonne as of Tuesday, June 11. That brought the price week-on-week lower by 1.79 per cent from RMB 21,190 per tonne. Today, the...
LME aluminium benchmark price loses US$8.5/t on mixed trade numbers; SHFE declines by US$8/t
LME aluminium opened at US$2,633.50 per tonne, reached a high of US$2,673 per tonne and a low of US$2,628.50 per tonne, and closed at US$2,647.50 per tonne, up US$12.50 per tonne or 0.47 per cent. On Friday, June 7, LME aluminium cash bid and LME aluminium official settlement price decreased by...
China’s A00 aluminium ingot price marks a W-o-W decline of RMB70/t; Bauxite price in Guizhou gains RMB10/t
According to the Shanghai Metals Market, A00 aluminium ingot price has dropped slightly by RMB 20 per tonne after a rise of RMB 120 per tonne on the previous day. Therefore, the ingot price has closed the week at RMB 21,170 per tonne on June 7, registering a week-on-week fall of RMB 70 per tonne...
LME aluminium benchmark price hikes to US$2587/t; SHFE price inches down by US$1/t
On the previous trading day, LME aluminium opened at US$2,633.5 per tonne, reached a high of US$2,673 per tonne and a low of US$2,628.5 per tonne, and closed at US$2,647.5 per tonne, up US$12.5 per tonne, an increase of 0.47 per cent. On Thursday, June 6, both LME aluminium cash bid price and LME...
Key highlights from the global aluminium industry, May 2024
In May 2024, the global aluminium industry experienced notable price gains, driven by rising demand despite ongoing geopolitical tensions and economic deceleration expected in several key nations. This uptick marks a significant shift from earlier projections. At the start of the year, AL Circle's...
Hindalco’s aluminium prices recede by INR 8000/t this week in line with LME aluminium downtrend
Hindalco Industries Limited reduced its aluminium prices for two days this week by INR 8,000 per tonne in response to the current downtrend of the LME aluminium benchmark price. During June 3-5, the global aluminium price on the London Metal Exchange contracted by US$48 per tonne or 1.83 per cent...
China’s A00 aluminium ingot price gains RMB120/t; Alumina price loses RMB1/t
On Thursday, June 6, China’s A00 aluminium ingot price gained RMB 120 per tonne to settle at RMB 21,190 per tonne. The average prices were between RMB 21,170 per tonne and RMB 21,210 per tonne. According to the data, the spot contract prices may be between RMB 90 per tonne and RMB 50 per tonne....
LME aluminium benchmark price sheds off US$26/t; SHFE aluminium price accumulates US$16/t
On Wednesday, June 5, LME aluminium opened at US$2,663 per tonne, with a high of US$2,663 per tonne, a low of US$2,615 per tonne, and closed at US$2,635 per tonne, down US$27 per tonne or 1.01 per cent. LME aluminium cash bid price and LME aluminium official settlement price continued to fall by...
LME aluminium benchmark price falls by US$22/t to US$2603/t; SHFE price slumps to US$2915/t
The previous trading day, LME aluminium opened at US$2,662 per tonne, reached a high of US$2,686.5 per tonne and a low of US$2,635 per tonne, and closed at US$2,662 per tonne, down US$2 per tonne, a decrease of 0.08 per cent. On Tuesday, June 4, both LME aluminium cash bid price and LME aluminium...
China's A00 aluminium ingot price contracts by RMB120/t, reverting to the previous week's level
According to the Shanghai Metals Market, China’s domestic A00 aluminium ingot price again decreased by RMB 120 per tonne on Tuesday, June 5, following an intermittent increase of RMB 100 per tonne on the previous day after two consecutive days of downfall. With the latest fall, the domestic A00...
LME aluminium benchmark price tumbles by US$52/t overnight; SHFE price soars by US$37/t
On Monday, June 3, LME aluminum opened at $2,662.5 per tonne, hitting a high of US$2,691 per tonne, a low of US$2,637.50 per tonne, and closed at US$2,664 per tonne, up US$9 per tonne or 0.34 per cent. LME aluminium cash bid price and LME aluminium official settlement price initiated the week on...
China’s A00 aluminium ingot price hikes by RMB160/t W-o-W; Alumina price slumps to RMB3906/t
On Tuesday, June 4, China’s A00 aluminium ingot price gained RMB 100 per tonne to settle at RMB 21,190 per tonne. The domestic aluminium ingot price witnessed a growth of RMB 160 per tonne W-o-W from RMB 12,030 per tonne recorded on May 28. As per the SMM data, a Y-o-Y surge of RMB 2,780 was...
South Korea's manufacturing sector sees fastest growth in two years; Aluminium prices drive up costs
South Korea's factory activity saw its most significant expansion in two years this May, driven by robust growth in both output and orders, fuelled by increasing global demand. According to the latest private-sector survey, the purchasing managers index (PMI) for the manufacturing sector in Asia's...
A00 aluminium ingot price continues to fall by RMB150/t due to elevated inventories; Pre-baked anode price dips by RMB10/t
According to the Shanghai Metals Market, China’s domestic A00 aluminium ingot price has decreased by RMB 150 per tonne over the weekend to stand at RMB 21,090 per tonne as of June 3, marking the second consecutive day of fall. However, despite the decline, the price still stands 1 per cent higher...
LME aluminium benchmark price expands to US$2,677/t; SHFE price contracts by US$41/t
On the previous trading day, LME aluminium opened at US$2,705.5 per tonne, with a high of US$2,737 per tonne and a low of US$2,643 per tonne. It closed at US$2,655 per tonne, down US$50 per tonne, or 1.85 per cent. On Friday, May 31, both LME aluminium cash bid price and LME aluminium official...
