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LME aluminium price drops by nearly 2% across cash and contracts on August 12

The London Metal Exchange (LME) aluminium price chart reported major declines of nearly 2 per cent across the pricing and contract segments on the August 12 close after an improvement was noticed on the August 11 session. The LME aluminium cash bid eased 1.93 per cent day-on-day on August 12, down from USD 3,372 per tonne to USD 3,307 per tonne. The offer shifted from USD 3,373 per tonne to USD 3,307.5 per tonne, representing a difference of 1.94 per cent. Explore- Most comprehensive and f ...

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MCX aluminium price outlook: Supply risks could push August futures towards ₹356/kg

MCX aluminium prices are entering the second half of August with supply-side risks once again becoming a key market driver. ICICI Direct expects the August aluminium futures contract to find support near INR 344 per kg and move towards INR 356 per kg. Aluminium has been through a sharp correction-and-recovery cycle in 2026. After touching around INR 393 per kg on MCX in early June, prices fell towards INR 330 per kg before recovering. MCX aluminium finds support as global supply remains vuln ...

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China Jul prebaked anode market sees firm cost as supply holds steady; Shandong price benchmark edges up 30/t

China's pre-baked anode prices found upward momentum in July as cost-side support re-emerged during the settlement cycle. According to Mysteel, a major Shandong-based aluminium producer raised its July prebaked anode purchase benchmark price by RMB 30 per tonne month-on-month, with settlement price at RMB 5,683 per tonne by cash and RMB 5,707 per tonne by acceptance. Following a brief downward correction, the prebaked anode market regained traction. Although the rebound was modest, price tren ...

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