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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US primary aluminium production establishes a bearish trend for H2 2023 with a 1,000 tonnes fall in November output
According to the US Census Bureau data, the United States' domestic primary aluminium production showed no change in November 2023 from the previous month, remaining at 61,000 tonnes. However, on a year-on-year basis, the output experienced a 1,000 tonnes fall from 62,000 tonnes. Detailed...
LME aluminium price expands for the second day in a row, reaching US$2,207.5/t; SHFE price loses US$3/t
LME aluminium opened at US$2,231 per tonne yesterday, with its high and low at US$2,268 per tonne and US$2,222 per tonne, respectively, before closing at US$2,222 per tonne, down US$10 per tonne or 0.45 per cent. On Wednesday, January 24, both LME aluminium cash bid price and LME aluminium official...
China’s A00 aluminium ingot price sheds off RMB70/t amid gaining input costs
According to the Shanghai Metals Market (SMM) survey, A00 aluminium ingot price has recorded a decline of RMB 70 per tonne on Thursday, January 25, to reach RMB 18,910 per tonne. The average prices are estimated to range between RMB 18,890 per tonne and RMB 18,930 per tonne, with spot contract to...
China’s alumina spot price adds RMB5/t; SMM A00 aluminium ingot price expands by RMB70/t Q-o-Q
The alumina spot price in China has inflated by RMB 5 per tonne to close at RMB 3,345 per tonne, while the alumina spot price in Shandong has gained RMB 15 per tonne to close at RMB 3,245 per tonne. In Guizhou, the alumina price has levitated by RMB 20 per tonne to rest at RMB 3,335 per tonne. The...
EU sanction rumours propel LME aluminium price by 1.65%; SHFE price expands to US$2,648/t
LME aluminium opened at US$2,159 per tonne yesterday, with its high and low at US$2,237 per tonne and US$2,156 per tonne, respectively, before closing at US$2,232 per tonne, up by US$77 per tonne or 3.57 per cent. On Tuesday, January 23, both LME aluminium cash bid price and LME aluminium official...
LME aluminium benchmark price lowers by 2% W-o-W; SHFE aluminium price sheds US$5/t today
LME aluminium opened at US$2,174 per tonne yesterday, with its high and low at US$2180 per tonne and US$2,152.5 per tonne, respectively, before closing at US$2,155 per tonne, down by US$17.5 per tonne or 0.81 per cent. The LME aluminium official price chart on January 22 showed decreasing rates,...
China’s A00 aluminium ingot price loses RMB80/t to RMB18,850/t; Alumina price adds RMB4/t
On Tuesday, January 23, China's A00 aluminium ingot price dropped by RMB 80 per tonne to stand at RMB 18,750 per tonne, with the average prices ranging between RMB 18,730 per tonne and RMB 18,770 per tonne. The spot contract price may be traded at a premium price of RMB 40 to RMB 80 per tonne. As...
SMM A00 aluminium ingot price remains stoic at RMB18,830/t; Low carbon aluminium loses RMB20/t
Today, on January 22, the SMM A00 aluminium price has remained stagnant on its previous weekend’s position, recording a price of RMB 18,830 per tonne. If we consider China’s A00 aluminium ingot price on October 23, last year, there can be found a Quarter-on-Quarter descend of RMB 90 per tonne or...
LME aluminium benchmark price falls to US$2,122/t; SHFE price loses US$13/t
LME aluminium opened at US$2,172 per tonne last Friday, with high and low at US$2,182 per tonne and US$2,158.5 per tonne, respectively, before closing at US$2,172.5 per tonne, an increase of US$4.5 per tonne or 0.21 per cent. On Friday, January 19, both LME aluminium cash bid price and LME...
Primary aluminium weekly recap: Annual aluminium production rises for global giants in 2023
As we enter the third week of the new year in 2023, industry predictions have proven accurate, with the primary aluminium prices experiencing a continuous decline. Notably, the Shanghai Futures Exchange (SHFE) price has demonstrated better resilience compared to the London Metal Exchange (LME)...
LME benchmark aluminium price shrinks by US$11.5/t to reach US$2130.5/t; SHFE aluminium price discards US$4/t
LME aluminium opened at US$2,180 per tonne on Thursday, with high and low at US$2,192.5 per tonne and US$2,162 per tonne, respectively, before closing at US$2,168 per tonne, a drop of US$46 per tonne or 2.08 per cent. On January 18, the London Metal Exchange price chart displayed shrinking...
China’s A00 aluminium ingot price descends by RMB60/t; Low carbon aluminium price slumps to RMB 19,719/t
On Friday, January 19, China’s A00 aluminium ingot price descended by RMB 60 per tonne to settle at RMB 18,830 per tonne, with the average prices standing between RMB 18,810 per tonne and RMB 18,850 per tonne. The spot contract price may be traded at a premium price of RMB 50 to RMB 90 per tonne....
Low demand and falling LME prices directly influence the imported aluminium scrap market in India
The Indian scrap aluminium market is dampening due to a drop in futures contracts on the London Metal Exchange (LME) and low demand. Despite this, there have been moderate transactions in the Indian market, even with the recent increase in freight rates, as market participants try to maintain...
SMM A00 aluminium ingot price tumbles by 3.03% since January 2; Aluminium alloy prices lose RMB100/t
The SMM A00 aluminium ingot price graph has marked declining aluminium prices after recording a high rate of RMB 19,480 per tonne on January 2, at the beginning of the year. Since then, the aluminium price has been slowly dampening, finally stopping at RMB 18,890 per tonne on January 18, today,...
LME aluminium benchmark price slumps by US$16.5/t to US$2,142/t; SHFE price falls by US$5/t
LME aluminium opened at US$2,215 per tonne on Wednesday, with high and low at US$2,217 per tonne and US$2,175 per tonne, respectively, before closing at US$2,176 per tonne, a drop of US$24 per tonne or 1.09 per cent. On Wednesday, January 17, both LME aluminium cash bid price and LME aluminium...
LME aluminium price graph nosedives US$444.50/t Y-o-Y to US$2158.5/t; SHFE sheds 4.29% Y-o-Y
LME aluminium opened at US$2,201.5 per tonne on Tuesday, with high and low at US$2,217.5 per tonne and US$2,195 per tonne, respectively, before closing at US$2,214 per tonne, a drop of US$1.5 per tonne or 0.07 per cent. On January 16, the London Metal Exchange price chart displayed an ascending...
China’s A00 aluminium ingot price ascends to RMB 19,000/t; Low carbon aluminium price gains RMB97/t
On January, Wednesday 17, China’s A00 aluminium ingot price hiked by RMB 60 per tonne to close at RMB 19,000 per tonne, with the average prices standing between RMB 18,980 per tonne and RMB 19,020 per tonne. The spot contract price may be traded at a premium price of RMB 80 per tonne to RMB 120 per...
SMM A00 aluminium ingot price drops RMB160/t W-o-W; Alumina price logs an incredible growth of 11.31% M-o-M
The SMM A00 aluminium ingot price has dropped RMB 80 per tonne, resting at RMB 18,940 per tonne. The average prices have ranged between RMB 18,920 per tonne and RMB 18,960 per tonne. If we consider the SMM aluminium price on January 9, there can be seen a Week-on-Week slump of RMB 160 per tonne or...
