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Top Stories
LME aluminium hits 4-year high with cash offer price up 4% amid Hormuz blockade fear
14 Apr 20263MINS
The London Metal Exchange (LME) aluminium price on April 13 saw the highest price in the last four years. The surge came after the US military said it would be imposing a blockade of the Strait of Hormuz, which is deemed to be the key port for shipping out metals from the Middle East. Given that t ...
CME clears first Hong Kong aluminium storage, tightening grip on Asia aluminium trade
13 Apr 20262MINS
The Asian aluminium industry continues to expand as the approval for the first base metal storage facility in Hong Kong has been granted by the Chicago Mercantile Exchange (CME) Group, the US commodities exchange operator. This aims towards expanding the warehousing footprint in Asia. On Friday, ...

13 Apr 20263MINS
The London Metal Exchange (LME) aluminium price, on April 10, saw a rise after it had an easing trend on April 9, where the forward-dated contracts also rose from the previous close. At the inventory, the opening stock declined, but a further sharp decline has been seen in the live warrants and ca ...
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