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Top Stories

Aluminium Futures

LME aluminium reaches $3,192/t; alumina Platts price gains 2.70% on July 27
Primary AL
LME aluminium prices recovered their upward trend on July 27, supported by higher alumina prices and continued declines in exchange inventories, indicating a firmer market compared with the previous trading sessions.  The LME aluminium cash bid and offer prices increased on July 27. The bid rose by 0.52 per cent to USD 3,191 per tonne on July 27 from USD 3,174.5 per tonne on July 24. The offer climbed 0.53 per cent to USD 3,192 per tonne from USD 3,175 per tonne.  On July 27, the three-month ...
Why do aluminium traders already need the LME 2025-2035 trading calendar?
Primary AL
Imagine it is the final trading week of December 2031. A cargo vessel loaded with Guinean bauxite is approaching a Chinese port after weeks at sea. An aluminium smelter in the Middle East is preparing to price its next monthly shipment to an automotive customer in Europe. A commodity trader in Singapore is rolling forward a hedge linked to the London Metal Exchange (LME), while a bank in London is calculating the value of aluminium inventories pledged as collateral under a trade finance facili ...

Downstream
Futures side: The Aluminium Alloy 2609 contract opened today at RMB 22,865 per tonne, with an intraday high of RMB 23,060 per tonne and a low of RMB 22,825 per tonne, closing at midday at RMB 23,005 per tonne, up RMB 180 per tonne, or 0.79 per cent. In early trading, prices edged down to the intraday low before bulls stepped in to push them higher, consistently holding above the intraday average price line. During the session, prices repeatedly surged to new intraday highs, with bullish sentim ...
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