Lme
LME aluminium price cools nearly 1% on October 29; Asian Ref Price jumps to $3,078.5/t
The London Metal Exchange (LME) aluminium price graph broke the rising streak on October 29, cooling after maintaining an upward trend for seven consecutive sessions. The session reported declines of nearly 1 per cent across the cash and near-term contracts over the October 28 close . The LME aluminium cash bid price dropped by 0.95 per cent from USD 3,100 per tonne to USD 3,070.5 per tonne. The offer price slipped from USD 3,101 per tonne to USD 3,071 per tonne, down 0.98 per cent day-on-day. Explore- Most comprehensive and forward-looking industry-focused report — Global Bauxite & Alumina Market Forecast to 2036: Supply–Demand, Trade Flows & Price Outlook The LME aluminium three-month bid slumped from USD 3,083.5 per tonne to USD 3,062 per tonne, decreasing by 0.7 per cent. The offer...
LME aluminium cash bid gains $22.50/t as alumina prices jump 2.13%
LME aluminium prices advanced on October 28, with cash and three-month contracts posting gains. The Asian Reference Price moved lower, while exchange opening stocks and cancelled warrants declined. Alumina Platts prices recorded a stronger increase. The cash bid rose 0.73 per cent to USD 3,100 per tonne from USD 3,077.50 per tonne. The cash offer increased 0.75 per cent to USD 3,101 per tonne on October 28 from USD 3,078 per tonne previously. Three-month aluminium prices also moved higher. The bid climbed 0.70 per cent to USD 3,083.50 per tonne from USD 3,062 per tonne, while the offer advanced 0.65 per cent to USD 3,084 per tonne from USD 3,064 per tonne. Explore the production, demand and consumption forecasts of bauxite and alumina in our report: " Global Bauxite & Alumina Market...
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A report that reveals where the aluminium casting industry is heading and how businesses can act.
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A report that reveals where the aluminium casting industry is heading and how businesses can act.
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LME aluminium price rallies $3,078/t as Asian Ref Price gains 1.5% on October 27
The London Metal Exchange (LME) aluminium price chart continued to rally, reporting gains over the October 26 close in the October 27 trading session across the pricing and contract segments. Asian Reference Price gained 1.5 per cent, while aluminium inventories continued to falter. The LME aluminium cash bid price gained 1.02 per cent on October 27, rising to USD 3,077.5 per tonne from USD 3,046.5 per tonne. The offer price surged to USD 3,078 per tonne from USD 3,047.5 per tonne , up 1 per cent day-on-day. Explore- Most comprehensive and forward-looking industry-focused report — Global Bauxite & Alumina Market Forecast to 2036: Supply–Demand, Trade Flows & Price Outlook The LME aluminium three-month bid as well as offer prices reported a 1.22 per cent rise. The bid surged to USD 3,062...
Rise and fall in LME aluminium prices: Cash jumps to $3,047.5/t as alumina dips 1.6%
The London Metal Exchange (LME) aluminium price chart surged further in the October 26 trading session across the pricing and near-term contract segments compared to the October 23 close. Longer-dated contracts, inventories, and the alumina price, however, edged lower. The LME aluminium cash bid price gained 0.13 per cent on October 26, advancing from USD 3,042.5 per tonne to USD 3,046.5 per tonne. The offer price surged from USD 3,043 per tonne to USD 3,047.5 per tonne , up 0.15 per cent day-on-day. Explore- Most comprehensive and forward-looking industry-focused report — Global Bauxite & Alumina Market Forecast to 2036: Supply–Demand, Trade Flows & Price Outlook The LME aluminium three-month bid price reported a 0.27 per cent rise from USD 3,017 per tonne on October 23 to USD 3,025 per...
Press Metal feels the squeeze as aluminium supply tightness eases
Press Metal Aluminium Holdings Bhd is expected to face weaker smelting margins in the second half of 2026 as aluminium supply constraints ease, input costs rise and market sentiment shifts towards a potential surplus in 2027, according to Hong Leong Investment Bank (HLIB) Research. “The narrative now is increasingly shifting to a potential surplus in 2027. Coupled with falling Japan-Port (MJP) premium and rising alumina as well as carbon anode costs, we foresee sequentially weaker smelting margins in 2H2026,” the research house said in a note on Monday. HLIB Research estimates that Press Metal’s core earnings for the third quarter of 2026 will range between MYR 600 million (USD 146.85 million) and MYR 650 million (USD 159.09 million), representing a decline of 10 per cent to 17 per cent...
India’s aluminium alloy imports plunge 33% in August as LME prices climb
India’s imports of unwrought aluminium alloys under HS code 760120 declined 32.7 per cent year on year to 21,771 tonnes in August 2026, from 32,340 tonnes a year earlier, as higher international aluminium prices increased procurement costs and weighed on import demand. The average LME aluminium cash-settlement price rose 3 per cent month on month to USD 3,249.63 per tonne in August from USD 3,155.98 per tonne in July, potentially prompting Indian buyers to defer purchases amid elevated prices. The August decline followed a modest recovery in July, when imports rose 4.6 per cent year on year to 32,453 tonnes from 31,035 tonnes. Cumulative imports during April-August 2026 fell 12.5 per cent to 122,515 tonnes from 139,951 tonnes in the corresponding period last year. In value terms, August...
China destocking continues to support, ex-China supply caps upside
Futures: The most-traded SHFE aluminium contract opened at RMB 23,330 per tonne in the night session on Oct 23, hit a high of RMB 23,615 per tonne and a low of RMB 23,300 per tonne, and closed at RMB 23,575 per tonne, up RMB 225 per tonne or 0.96 per cent from the previous close. Prices rebounded and rose above the 5 per 10 per 20 per 40 per 60-day moving averages, which have shifted from resistance to support, strengthening the short-term bullish signal. Trading volume during the session was 102,000 lots, and open interest stood at 263,000 lots, up 5,862 lots, driven mainly by bullish positioning. On the technical front, the 4-hour MACD golden cross continued, with red bars expanding, releasing short-term rebound momentum. The LME aluminium 3M contract opened at USD 3,005.0 per tonne on...
LME aluminium prices climb up to 0.41% as Asian reference price jumps $34
LME aluminium prices moved higher on October 23, with cash and futures contracts posting gains. The Asian Reference Price also advanced, while alumina Platts prices edged up further. Opening stocks and live warrants changed little, although cancelled warrants declined. The cash bid rose 0.33 per cent to USD 3,042.50 per tonne from USD 3,032.50 per tonne . The cash offer also increased 0.33 per cent to USD 3,043 per tonne from USD 3,033 per tonne. Explore the production, demand and consumption forecasts of bauxite and alumina in our report: " Global Bauxite & Alumina Market Forecast to 2036: Supply–Demand, Trade Flows & Price Outlook " Three-month aluminium prices also strengthened. The bid climbed 0.31 per cent to USD 3,017 per tonne from USD 3,007.50 per tonne, while the offer advanced...
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