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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Key highlights from the global aluminium industry, January 2024
In the inaugural month of 2024, aluminium prices exhibited a relatively flat trend across both the London Metal Exchange (LME) and the Shanghai Futures Exchange (SHFE). This observed trend aligns with predictions made by industry experts and is corroborated by AL Circle's latest industry-focused...
LME aluminium benchmark price loses US$3/t to US$2,209.5/t; SHFE price declines by US$42/t
LME aluminium opened at US$2,247 per tonne last Friday, with its high and low at US$2,253 per tonne and US$2,226 per tonne respectively before closing at US$2,236.5 per tonne, up 0.56 per cent. On Friday, February 2, both LME aluminium cash bid price and LME aluminium official settlement price...
SMM A00 aluminium ingot price dwindles by 2.95% M-o-M; Australian Alumina FOB price loses RMB6/t today
On February 5, today, the SMM aluminium A00 ingot price slumped by RMB 180 per tonne to close at RMB 18,730 per tonne, with the average prices ranging between RMB18,710 per tonne and RMB 18,750 per tonne. If we consider the SMM aluminium price on January 5, there can be witnessed a Month-on-Month...
India’s aluminium alloy (ADC12) price grows W-o-W by INR7,000/t owing to increased raw material cost
Aluminium ADC12 alloy ingot spot prices for automobiles increased by INR 7,000 per tonne W-o-W, reaching INR 197,000 per tonne. This surge is primarily attributed to the rise in local and imported Tense scrap prices, per sources. The largest automobile manufacturer in India, which also sets the...
LME aluminium price discards 5.3% M-o-M; SHFE aluminium price collects US$7/t today, down 3.46% M-o-M
LME aluminium opened at US$2,274.0 per tonne on Thursday, with its low and high at US$2,244.0 per tonne and US$2,275.6 per tonne, respectively, before closing at US$2,249.0 per tonne, down 1.58 per cent. The London Metal Exchange (LME) market’s official aluminium price graph on February 1 displayed...
China’s A00 aluminium ingot price drops to RMB18,910/t; Low carbon aluminium price grows by RMB5/t
On Friday, February 2, China’s A00 aluminium ingot price dipped by RMB10 per tonne to settle at RMB 18,910 per tonne, with the average prices between RMB 18,890 per tonne and RMB 18,930 per tonne. The spot contract price may be traded at a discount price of RMB 40 to a premium price of RMB 0 per...
LME aluminium price hikes by US$5.5/t to US$2,232/t; SHFE price dips to US$2,644/t
LME aluminium opened at US$2,271.0 per tonne on Wednesday, with its low and high at US$2,261.0 per tonne and US$2,297.0 per tonne, respectively, before closing at US$2,285.0 per tonne, up 0.59 per cent. On Wednesday, January 31, both LME aluminium cash bid price and LME aluminium official...
China’s A00 aluminium ingot price falls to RMB18,920/t; Aluminium powder price dips by RMB0.1/kg
On February 1, 2024, China’s A00 aluminium ingot price lost RMB50 per tonne to settle at RMB 18,920 per tonne, with the average prices ranging between RMB 18,900 per tonne and RMB 18,940 per tonne. The spot contract price may be traded at a discount price of RMB 30 to a premium price of RMB 10 per...
India’s imported aluminium scrap market witnesses notable upswing owing to improved demand
The Indian market for imported aluminium scrap has experienced a significant upturn in prices, driven by a surge in futures, heightened demand, increased freight rates, and limited material availability in the western part of the country. Prices for all grades of aluminium scrap have witnessed a...
China’s SMM aluminium ingot price discards RMB600/t M-o-M; Alumina spot price soars by RMB3/t
On January 31, today, the SMM A00 aluminium ingot price in China has lowered by RMB 40 per tonne to close at RMB 18,970 per tonne, with the average prices hovering between RMB 18,950 per tonne and RMB 18,990 per tonne. On January 24, last week, the SMM aluminium price was RMB 18,980 per tonne,...
LME aluminium price grows by US$12.5/t to US$2,226.5/t; SHFE price loses US$3/t
LME aluminium opened at US$2,254.5 per tonne on Tuesday, with its low and high at US$2,247.5 per tonne and US$2,277.5 per tonne, respectively, before closing at US$2,271.5 per tonne, up 0.91 per cent. On Tuesday, January 30, both LME aluminium cash bid price and LME aluminium official settlement...
LME aluminium benchmark price soars by US$2/t, down 5.2% M-o-M; SHFE aluminium price negates US$6/t
LME aluminium opened at US$2,261.50 per tonne on Monday, with its low and high at US$2,237 per tonne and US$2,268 per tonne, respectively, before closing at US$2,251 per tonne, down 1.03 per cent. The LME aluminium official price chart on January 29 flashed a slight increase in rates, with the LME...
China’s A00 aluminium ingot price declines by RMB570/t M-o-M; Aluminium powder price inches down to RMB21.4/kg
On Tuesday, January 30, China’s A00 aluminium ingot price dropped by RMB 80 per tonne to settle at RMB 19,010 per tonne, with the average prices between RMB 18,990 per tonne and RMB 19,030 per tonne. As per the data, the SMM aluminium ingot price decreased by RMB 570 per tonne M-o-M from RMB 19,570...
EU contemplates banning Russian aluminium in the 13th sanctions package; industry warns economic distress
The European Union is contemplating restricting Russian aluminium as part of the 13th sanctions package. In a way to ban Russian aluminium imports, sanctions will be automatically applied against the energy sector given that the latter is a crucial input for the aluminium smelting process. A...
China’s alumina spot price reaches its 2-year high with a gain of RMB5/t; A00 aluminium ingot price loses RMB30/t
According to the Shanghai Metals Market data, China's average alumina spot price has gained RMB 5 per tonne over the weekend to reach RMB 3,351 per tonne on Monday, January 29. The price stands at its highest point in the past two years. December 2, 2021, was the last time the Chinese alumina spot...
LME aluminium benchmark price closes the week with a hike of US$23.5/t; SHFE price loses US$7/t
LME aluminium opened at US$2,234.0 per tonne last Friday, with its high and low at US$2,283.0 per tonne and US$2,233.5 per tonne, respectively, before closing at US$2,258.0 per tonne, up by US$26.0 per tonne or 1.16 per cent. On Friday, January 26, both LME aluminium cash bid price and LME...
China’s A00 aluminium ingot price climbs up RMB210/t overnight; Aluminium alloys prices mirror the upward movement
According to the Shanghai Metals Market survey, the domestic A00 aluminium ingot price has surged by RMB 210 per tonne over night to exceed RMB 19,000 per tonne. On Friday, January 26, the week closed at RMB 19,120 per tonne versus RMB 18,910 per tonne on January 25. Thus, on a week-on-week basis,...
LME aluminium price descends by US$19/t and stands 6.3% down through January; SHFE adds US$23/t
LME aluminium opened at US$2,222.50 per tonne yesterday, with high and low at US$2,244 per tonne and US$2,205 per tonne, respectively, before closing at US$2,232 per tonne, up US$10 per tonne or 0.45 per cent. The LME aluminium benchmark price again recorded a decline on Thursday, January 25, after...
