LME aluminium prices edged lower on September 4 compared with the previous trading day, while aluminium stocks also declined marginally. The most notable movement was in cancelled warrants, which fell by more than 38 per cent day on day. On September 4, the LME aluminium cash bid price stood at USD...
Major aluminium producers have offered Japanese buyers premiums of USD 310-325 per tonne for primary aluminium shipments in the October-December quarter. The bar is 18-22 per cent lower than the USD 395 per tonne premium agreed for the current July-September quarter. The premium paid by Japanese...
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Macro perspective The US-Iran situation saw a temporary easing, with market expectations for restored strait navigation rising. International oil prices pulled back for three consecutive days, and the geopolitical risk premium continued to fade. However, the outlook for US-Iran negotiations remains...
Futures: The most-traded SHFE aluminium 2610 contract closed at RMB 23,960 per tonne, up RMB 125 from yesterday’s settlement price, a gain of 0.52 per cent. It opened at RMB 23,850 per tonne and fluctuated within the range of RMB 23,840–23,965 per tonne. Prices traded above the MA5 (23,812.00),...
The London Metal Exchange (LME) aluminium price chart declined on the August 27 trading session across the pricing and contract segments compared to the August 26 close . Meanwhile, the Asian Reference Price surged, and the inventories held steady. The LME aluminium cash bid and offer prices...
Futures: The most-traded SHFE aluminium 2610 contract closed at RMB 23,830 per tonne, down RMB 40 from the previous settlement, a decline of 0.17 per cent. It opened at RMB 23,760 per tonne and fluctuated within the range of RMB 23,710–23,870 per tonne during the session. Prices traded above MA5...
The London Metal Exchange (LME) aluminium price reported improvements above 1 per cent across the pricing and contract segments on the August 26 close, recovering from the downward trend reported at the August 25 session . The LME aluminium cash bid and offer prices gained 1.24 per cent day-on-day...
LME aluminium prices declined on August 25 compared with the previous session, while exchange stocks remained broadly stable. The LME aluminium cash bid price fell to USD 3,187.50 per tonne on August 25 from USD 3,215 per tonne on August 24, a 0.86 per cent decline. The cash offer price dropped to...
The most-traded SHFE aluminium 2610 contract closed at RMB 23,815 per tonne, up RMB 30 from yesterday's settlement price, an increase of 0.13 per cent. It opened at RMB 23,790 per tonne during the session, fluctuating in a range of RMB 23,780-23,940 per tonne. Prices traded above MA5 (23,712.00)...
This week, China’s social inventory of cast aluminium alloy ingots recorded 28,100 mt, up 2,500 mt WoW, marking the second consecutive week of inventory buildup, with the buildup magnitude further widening from last week. Currently in the demand off-season, downstream purchase willingness is low,...
According to SMM statistics, as of August 20, aluminium billet inventory in China's major consumption areas recorded 143,000 tonnes, with an inventory buildup of 500 tonnes from last Monday and 6,000 tonnes from last Thursday, maintaining a continuous buildup pace. Compared with the same period,...
LME aluminium prices declined on August 20 compared with the previous trading day, while exchange stocks remained unchanged. The LME aluminium cash bid price stood at USD 3,180 per tonne on August 20, down from USD 3,191 per tonne on August 19 , marking a decline of USD 11 per tonne, or 0.34 per...
Futures: The most-traded SHFE aluminium contract opened at RMB 23,655 per tonne in the night session on August 19, hit a high of RMB 23,720 per tonne, a low of RMB 23,630 per tonne, and closed at RMB 23,685 per tonne, up 0.04 per cent from the previous close. After the sharp decline, futures...
LME aluminium prices declined on August 19 compared with the previous trading day, while exchange stocks remained unchanged. The LME aluminium cash bid price stood at USD 3,191 per tonne on August 19, down from USD 3,218.5 per tonne on August 18, marking a decline of USD 27.5 per tonne, or 0.85 per...
The centre of the SHFE aluminium 2609 contract futures moved lower today compared with the same period yesterday. Continued arrivals in east China fuelled active selling sentiment, making it difficult for spot discounts in the region to narrow significantly. Today, spot premiums for A00 aluminium...
Futures: The most-traded SHFE aluminium contract opened at RMB 23,895 per tonne in the night session of August 18, reached a high of RMB 23,895 per tonne and a low of RMB 23,725 per tonne, and closed at RMB 23,750 per tonne, down 0.86 per cent from the previous close. Futures broke below the...
The London Metal Exchange (LME) aluminium price reported major declines of over 1 per cent across the pricing and contract segments on the August 18 close, continuing the trend reported at the August 17 session . The LME aluminium cash bid dropped by 1.6 per cent day-on-day on August 18, down to...
Futures: The most-traded SHFE aluminium contract opened at RMB 24,015 per tonne in the night session on August 17, with a high of RMB 24,015 per tonne and a low of RMB 23,870 per tonne, and settled at RMB 23,935 per tonne, down 0.33 per cent from the previous close. Prices rebounded to test the MA5...
In the morning session, the SHFE aluminium 2608 contract continued to trade at elevated levels. Today was the last trading day for the SHFE aluminium 2608 contract, and the price spread between near-month contracts was contango 20-contango RMB 50 per tonne. Today, spot premiums for SHFE aluminium...
The London Metal Exchange (LME) aluminium price graph has steadily been on the decline since the August 12 session , as Emirates Global Aluminium (EGA) announced the restart of full-scale production at its AL Taweelah facility in the first quarter (Q1) of 2027. As the drop persists on the August 14...
