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Rising aluminium prices lead Press Metal Aluminium shares to gain 5%, a record all-time high
27 Apr 20263MINS
Downstream
As aluminium prices continue to experience an upward trend since the start of the Middle East conflict, shares of Press Metal Aluminium Holdings Berhad, the largest integrated aluminium producer in Southeast Asia, achieved a record all-time high on April 24. The stock experienced an intraday high ...
Temporary dip in the aluminium prices reverses as supply tightness outweighs Hormuz reopening optimism
27 Apr 20263MINS
Primary AL
A temporary dip in the aluminium prices has been noticed when the traders got the ray of hope of reopening the Strait of Hormuz, which continued to show an upward trend due to the ongoing conflict in the Gulf. However, the production data and evolving dynamics of the Chinese markets are deemed to ...

27 Apr 20262MINS
Primary AL
London Metal Exchange (LME) aluminium prices recorded improved figures on April 24 compared to the previous close. Cash price reported gains by wide margins, near-term futures contracts recovered from the previous session’s decline, while longer-dated contracts and opening stocks continued to slid ...
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