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 benchmark price contracts by US$22/t to US$2,153/t; SHFE price loses US$26/t
LME aluminium opened at US$2,221.5 per tonne yesterday, with high and low at US$2,230 per tonne and US$2,198 per tonne, respectively, before closing at US$2,200 per tonne, a drop of US$15.5 per tonne or 0.70 per cent. On Monday, January 15, LME aluminium cash bid price and LME aluminium official...
LME aluminium market seems volatile due to heavy stock accumulation; SHFE shrinks by US$12/t
LME aluminium opened at US$2,239 per tonne last Friday, with high and low at US$2,245 per tonne and US$2,206 per tonne, respectively, before closing at US$2,215.5 per tonne, a drop of US$19.5 per tonne or 0.87 per cent. The London Metal Exchange price chart, on January 12, registered a downward...
China’s A00 aluminium ingot price falls W-o-W by RMB 140/t; Aluminium powder price inches down by RMB0.1/kg
On Monday, January 15, China’s A00 aluminium ingot price opened the week with a fall of RMB 110 per tonne to settle at RMB 19,020 per tonne. As per the data, a decline of RMB 140 per tonne was witnessed W-o-W from RMB 19,160 per tonne recorded on January 8 . As of today, the spot contract price is...
China’s alumina spot price aims higher arriving at RMB3334/t; SMM A00 aluminium price marks 3.74% M-o-M surge
China's average alumina spot price has expanded by RMB 7 per tonne, officially closing at RMB 3,334 per tonne, while the alumina price in Shandong has augmented by RMB 20 per tonne to rest at RMB 3,200 per tonne. The alumina price in Guizhou has levitated by RMB 15 per tonne to stop at RMB 3,315...
LME aluminium benchmark price inches down to US$2,203/t; SHFE price moves up by US$1/t
LME aluminium opened at US$2,234 per tonne on Thursday, with high and low at US$2,252 per tonne and US$2,229.5 per tonne, respectively, before closing at US$2,235 per tonne, unchanged from the previous trading day. On Thursday, January 11, both LME aluminium cash bid price and LME aluminium...
India’s imported aluminium scrap prices retreat amidst limited trade activities
The recent downturn in the Indian aluminium scrap market can be attributed to a notable price decrease, primarily driven by a fall in futures contracts on the London Metal Exchange (LME). This decline results from limited transactions despite an increase in the number of improved offers. Many...
China’s A00 aluminium ingot price loses RMB110/t to RMB 19,100/t; Alumina price adds RMB2/t
On Thursday, January 11, China’s A00 aluminium ingot price dropped by RMB 110 per tonne to halt at RMB 19,100 per tonne, with the spot contract price expected to be traded at a premium price of RMB 0 to RMB 40 per tonne. The average prices may stand between RMB 19,080 per tonne and RMB 19,120 per...
LME aluminium official settlement price moves up to US$2,204/t; SHFE price loses US$10/t
LME aluminium opened at US$2,243.5 per tonne on Wednesday, with high and low at US$2,258.5 per tonne and US$2,230.5 per tonne, respectively, before closing at US$2,235 per tonne, a drop of US$7 per tonne or 0.31 per cent. On Wednesday, January 10, both LME aluminium cash bid price and LME aluminium...
Financial Intelligence firm predicts stagnant growth in European aluminium billet market for 2024
According to a report published by S&P Global, an American publicly traded corporation headquartered in Manhattan, the European aluminium billet market labelled 2023 a year of demand deflation and hesitant purchases. A buyer said the poor demand for aluminium billet was due to a depressed...
LME aluminium price loses 0.25% reaching US$2200/t mark; SHFE expands by US$6/t
LME aluminium opened at US$2,239 per tonne on Tuesday, with its high and low at US$2,257.5 per tonne and US$2,227 per tonne respectively before closing at US$2,242 per tonne, an increase of US$5 per tonne or 0.22 per cent. On January 9, the London Metal Exchange price chart marked a slump in...
China’s A00 aluminium ingot price marks a growth of RMB110/t; Alumina price ascends to RMB3,325/t
On Wednesday, January 10, China’s A00 aluminium ingot price has gained RMB 110 per tonne to clock at RMB 19,210 per tonne, with the average prices standing between RMB 19,190 per tonne and RMB 19,230 per tonne. As per the data, the prices in Chongqing and Tianjin have grown by RMB 120 per tonne to...
China’s alumina spot price mounts to RMB3316/t; SMM A00 aluminium ingot price drops RMB60/t
China’s average alumina spot price has soared by RMB 6 per tonne, officiating at RMB 3,316 per tonne, while the alumina price in Shanxi has gained RMB 10 per tonne to halt at RMB 3,370 per tonne. In Guangxi, the alumina spot price has floated by RMB 15 per tonne to park at RMB 3,345 per tonne....
LME aluminium benchmark price drops by US$10/t to US$2,205.5/t; SHFE price dips by US$14/t
LME aluminium opened at US$2,274.5 per tonne on Monday, with high and low at US$2,276 per tonne and US$2,234 per tonne, respectively, before closing at US$2,237 per tonne, a drop of US$35 per tonne or 1.54 per cent. On Monday, January 8, both LME aluminium cash bid price and LME aluminium official...
SMM aluminium ingot price shrinks further by RMB140/t as estimated domestic production grows
On Monday, January 8, China's A00 aluminium ingot price has lost RMB 140 per tonne to settle at RMB 19,160 per tonne, with the spot contract price expected to be traded at a discount price of RMB 20 to a premium price of RMB 20 per tonne. The average prices are expected to be traded between RMB...
LME benchmark aluminium price further sheds US$20/t owing to US Dollar index rise; SHFE expands 3.7% Y-o-Y
LME aluminium opened at US$2,279 per tonne last Friday, with its high and low at US$2,294.5 per tonne and US$2,251 per tonne, respectively, before closing at US$2,272 per tonne, a drop of US$13 per tonne or 0.57 per cent. On January 5, the London Metal Exchange price chart registered dampening...
China’s alumina price marks pivotal growth to register RMB3292/t today; SMM aluminium ingot price loses RMB90/t after New Year
According to SMM, the average alumina spot price in China has soared by RMB 35 per tonne to close at RMB 3,292 per tonne, while the alumina price in Shandong, Henan, Shanxi and Guizhou have all escalated by RMB 30 per tonne to officially settle at RMB 3,155 per tonne, RMB 3,330 per tonne, RMB 3,345...
LME aluminium benchmark price contracts by US$20/t to US$2,235.5/t; SHFE price loses US$20/t
LME aluminium opened at US$2,304 per tonne yesterday, with high and low at US$2,316.5 per tonne and US$2,269 per tonne, respectively, before closing at US$2,285 per tonne, a decrease of US$21 per tonne or 0.91 per cent. On Thursday, January 4, aluminium prices experienced a decline as worries...
Rising raw material prices propel aluminium ADC12 prices in India to new heights
The spot prices for automobile-grade aluminium ADC12 alloy ingots experienced a rise of INR 5,500 per tonne, reaching INR 189,500 per tonne. This increase can be attributed to the surge in raw material prices, specifically tense prices, which climbed by INR 5,000 per tonne to INR 160,000 per tonne...
