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Aluminium prices drift higher as September peak season operations recover amid low inventory
Primary AL08 SEPT 2026

Aluminium prices drift higher as September peak season operations recover amid low inventory

Futures: The most-traded SHFE aluminium contract opened at RMB 24,400 per tonne in the night session on September 7, reached a high of RMB 24,470 per tonne and a low of RMB 24,335 per tonne, and closed at RMB 24,450 per tonne, up 30 from the previous close, a gain of 0.12 per cent. Prices traded...

Macro disturbances cap upside room, while destocking continues to support aluminium price stabilisation
Primary AL07 SEPT 2026

Macro disturbances cap upside room, while destocking continues to support aluminium price stabilisation

Futures: The most-traded SHFE aluminium contract opened at RMB 24,240 per tonne in the night session on September 4, with a high of RMB 24,355 per tonne, a low of RMB 24,220 per tonne, and a close of RMB 24,320 per tonne, up 0.12 per cent from the previous close. Futures stabilised and rebounded,...

Accelerated destocking of aluminium ingots lifts aluminium price centre, while peak-season performance is expected to cap upside room
Primary AL05 SEPT 2026

Accelerated destocking of aluminium ingots lifts aluminium price centre, while peak-season performance is expected to cap upside room

Macro perspective: Fed Chairman Warsh delivered a hawkish speech at the Jackson Hole symposium, lifting market expectations for a September rate hike to around 60 per cent, while the US dollar consolidated amid fluctuations, unsettling the nonferrous metals sector. The Fed's latest Beige Book...

Why aluminium scrap grade matters when buying secondary aluminium in India
Bauxite03 SEPT 2026

Why aluminium scrap grade matters when buying secondary aluminium in India

India’s aluminium recycling sector has matured significantly over the past decade. Secondary aluminium, produced by remelting and refining scrap, now accounts for a growing share of the country’s total aluminium consumption. Recycling aluminium requires up to 95 per cent less energy than smelting...

Accelerated destocking of aluminium ingots during the peak season supports aluminium prices to hold up well in the short term
Primary AL03 SEPT 2026

Accelerated destocking of aluminium ingots during the peak season supports aluminium prices to hold up well in the short term

Futures: Yesterday, SHFE aluminium closed at RMB 24,235 per tonne, up 0.75 per cent hitting a new recent high of 24,290 during the session. The price is well above all key moving averages (MA5=24,080, MA10=23,925, MA30=23,820, MA60=23,572), with the moving average system in a bullish divergence and...

₹15m machinery investment: Chandni Machines starts aluminium ingot project in Rajkot, targets October 1 production
Primary AL02 SEPT 2026

₹15m machinery investment: Chandni Machines starts aluminium ingot project in Rajkot, targets October 1 production

Chandni Machines Limited has begun work on its new aluminium ingot manufacturing project at Kuvada GIDC in Rajkot, Gujarat. For the project, the company has leased an industrial factory building covering around 22,000 square feet for the facility. It has an existing electricity connection of around...

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