Futures market: Overnight, the most-traded alumina 2509 futures contract opened at RMB 3,191 per tonne, with a high of RMB 3,228 per tonne, a low of RMB 3,153 per tonne, and closed at RMB 3,199 per tonne, down RMB 30 per tonne or 0.94 per cent, with open interest at 393,000 lots.
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On the International Day for Biological Diversity, Vedanta Aluminium, India’s largest aluminium producer, announces a series of initiatives dedicated to preserving biodiversity and restoring natural habitats across its operational regions. The company has undertaken wide-ranging measures such as res ...
Today, SHFE aluminium fluctuated in the morning session, with its centre moving higher. From the perspective of the spot market performance, destocking exceeded expectations, providing support for local spot premiums. Amid high aluminium prices, downstream purchase willingness declined, while transa ...
