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Interest rate cut expectations fail to offset off-season realities, aluminium prices' upside momentum at high levels remains limited
11 Dec 20258MINS
Primary AL
Futures: SHFE aluminium closed at RMB 21,960 per tonne in the night session, up a slight 0.18 per cent. Prices moved narrowly close to MA5 (21,959) and MA10 (21,958), with short-term moving averages flattening out, staying above MA60 (21,941.08), indicating a slightly stronger structure. The MACD du ...
LME aluminium cash offer rises to $2,836.5/t and opening stocks drop 0.29%
11 Dec 20252MINS
Primary AL
LME aluminium prices showed mixed movement on December 10, while exchange inventories continued to ease, according to the latest market data. The LME aluminium cash bid price rose to USD 2,836 per tonne on December 10, up from USD 2,831.5 per tonne a day earlier — a 0.16 per cent increase. The ca ...

11 Dec 20252MINS
Primary AL
Alcoa has warned that the rapid expansion of energy-hungry data centres poses a growing challenge for the future of aluminium smelting, with operators willing to pay far more for electricity than industrial producers can afford. The US-based aluminium business believes the disparity in power costs i ...
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