Aluminium Price

Vedanta Aluminium shares could rise 31% as Kotak Neo sees tighter aluminium market supporting earnings
18 SEPT 20262MINS

Vedanta Aluminium shares could rise 31% as Kotak Neo sees tighter aluminium market supporting earnings

Vedanta Aluminium could see a 31 per cent upside from its current market price, with Kotak Neo retaining a ‘Buy’ rating and a price target of INR 540 as it expects a firm aluminium market to support the company's earnings growth. The research house expects global aluminium markets to remain tight through calendar year 2028, with project execution challenges potentially limiting the pace of new supply from Indonesia. It said the market may be underestimating the durability of the aluminium upcycle and Vedanta Aluminium's earnings growth potential. Vedanta Aluminium Metal shares were trading 3.02 per cent higher at INR 416.50 on Friday, September 18, 2026, compared with the previous close of approximately INR 404.30. The stock has declined around 8 per cent over the past month. At INR...

18 SEPT 20262MINS

China aluminium market stays supported as inventories fall and prices gain nearly 8%

China’s domestic aluminium inventories declined, giving some support to aluminium prices. However, China’s aluminium production remained high, while a new alumina project in Guangxi entered trial production and is expected to add to future supply. For aluminium, the fall in domestic inventories is a positive factor for prices. However, the supply picture remains mixed, as China’s aluminium production reached a record 4 million tonnes in August, according to the National Bureau of Statistics. Output was 4.7 per cent higher year on year, while production during January-August reached around 31 million tonnes, up 3.9 per cent from the same period last year. At the current pace, annual production could reach around 47 million tonnes, above the country’s long-standing 45-million-tonne...


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LME aluminium cash falls to $3,302.50 as Asian reference price climbs nearly 1%
Primary AL18 SEPT 2026

LME aluminium cash falls to $3,302.50 as Asian reference price climbs nearly 1%

London Metal Exchange (LME) aluminium prices edged lower on September 17, with cash and three-month contracts declining from the previous session. Dec-27 prices moved slightly higher, while the Asian reference price gained nearly 1 per cent. Opening stocks and live warrants remained unchanged, while cancelled warrants declined. The LME aluminium cash bid price fell 0.21 per cent to USD 3,302.50 per tonne on September 17 from USD 3,310 per tonne , while the cash offer price declined 0.20 per cent to USD 3,303.50 per tonne from USD 3,310 per tonne. The three-month aluminium bid and offer prices both fell 0.12 per cent. The bid price declined to USD 3,284 per tonne from USD 3,288 per tonne, while the offer price eased to USD 3,285 per tonne from USD 3,289 per tonne. Explore the production,...

Ex-China capacity gradually recovers; China destocking expansion supports aluminium price bottom
Primary AL18 SEPT 2026

Ex-China capacity gradually recovers; China destocking expansion supports aluminium price bottom

Futures: The most-traded SHFE aluminium 2611 contract closed at RMB 24,400 per tonne, up RMB 180 from the previous day’s settlement, a gain of 0.74 per cent. It opened at RMB 24,260.00 per tonne and fluctuated within RMB 24,260–24,440 per tonne. Prices traded above the MA5 (24,187.00), MA10 (24,307.00), MA30 (24,082.50), and MA60 (23,656.58) moving averages. The short-term rebound pattern continued, a drift-higher structure emerged, and the MA10 formed short-term resistance. The MACD indicator showed DIF (127.4248) below DEA (142.2962), with the MACD green histogram at -29.7429, indicating that bearish momentum narrowed somewhat. The suggested core trading range for SHFE aluminium was RMB 23,900–24,600 per tonne. The LME aluminium 3M contract closed at USD 3,293.50 per tonne, up 0.11 per...

Canadian aluminum exports face a fresh blow as US tariffs climb to 100%
Sustainability17 SEPT 2026

Canadian aluminum exports face a fresh blow as US tariffs climb to 100%

Canadian aluminum fabricators are warning that their US sales could disappear after the latest US tariff measures pushed duties on some aluminum products to as high as 100 per cent, making Canadian-made goods less competitive in the US market. The new measures include a 50 per cent US tariff on aluminum products that previously benefited from exemptions. When combined with the existing 50 per cent tariff rate on foreign supplies, some products now face a total levy of 100 per cent. For Canadian manufacturers that rely heavily on US customers, the change is already affecting export plans. Apex Aluminum Extrusions Ltd., a British Columbia-based manufacturer of aluminum parts for the construction industry and data centers, generates about 40 per cent of its sales from the US. “Our US...

US Fed delivers rate hike, China aluminium ingot destocking accelerates, aluminium prices consolidate at highs
Primary AL17 SEPT 2026

US Fed delivers rate hike, China aluminium ingot destocking accelerates, aluminium prices consolidate at highs

The most-traded SHFE aluminium 2610 contract closed at RMB 24,260 per tonne, up RMB 125 from yesterday's settlement price, a gain of 0.52 per cent. It opened at RMB 24,250 per tonne and fluctuated within a range of RMB 24,215-24,305 per tonne. Prices traded above the MA5 (24,165.00), MA30 (24,081.00), and MA60 (23,639.83), but below the MA10 (24,304.50). The short-term rebound structure continued, the consolidation pattern remained unchanged, and the MA10 formed key resistance pressure. The MACD DIF (120.8149) was below the DEA (145.2690), and the MACD green bar stood at -48.9082. Bullish momentum remained weak. The suggested core trading range for SHFE aluminium is RMB 23,800-24,650 per tonne. The LME aluminium 3M contract closed at USD 3,249 per tonne, down 0.82 per cent. It opened at...

LME aluminium prices recover up to 1.64% as stocks fall to 243,600t
Primary AL17 SEPT 2026

LME aluminium prices recover up to 1.64% as stocks fall to 243,600t

London Metal Exchange (LME) aluminium prices rebounded on September 16, with cash and forward contracts moving higher from the previous session. Warehouse stocks edged down, while the Asian reference price and alumina Platts price also increased. The LME aluminium cash bid and offer price rose 1.53 per cent. The cash bid rose to USD 3,309.50 per tonne from USD 3,260 per tonne , while the cash offer rose to USD 3,310 per tonne from USD 3,260 per tonne. The three-month aluminium bid price climbed 1.64 per cent to USD 3,288 per tonne from USD 3,235 per tonne. The offer price also rose 1.64 per cent to USD 3,289 per tonne from USD 3,236 per tonne. The Dec-27 bid and offer prices both rose 1.55 per cent from the previous session, with the bid increasing to USD 3,202 per tonne from USD 3,153...

ALFED trade committee puts UK aluminium reindustrialisation firmly on the agenda
Primary AL16 SEPT 2026

ALFED trade committee puts UK aluminium reindustrialisation firmly on the agenda

The Aluminium Federation (ALFED) has launched a new Reindustrialising UK Aluminium briefing, developed through its Trade Committee, setting out the immediate trade and industrial priorities facing the UK aluminium sector. The briefing comes as aluminium takes on increasing strategic importance within UK Government policy. Aluminium is recognised within the UK’s Critical Minerals framework and as a Growth Mineral, reflecting its importance to future UK manufacturing and economic growth. Government’s Critical Minerals Strategy describes critical minerals as foundational inputs to the Industrial Strategy’s growth-driving sectors. ALFED’s latest economic modelling estimates that the UK aluminium industry supports a wider economic footprint of £8.18 billion (USD 11.03 billion) in GVA and...

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