LME price reverses rally as world aluminum demand contracts further
SHFE aluminum prices fall after facing technical resistance.
LME nearby contango widens to $50 while LME price falls by $50 per mton on growing surplus
LME price falls to two-week lows as demand contraction expected to linger.
LME price climbs to three-week highs; LME Cash-3M contango narrows
LME prices remain in a medium-term downward trend, now targeting the $… per mton zone. Prices fell in early July to a fresh nine-month low of…
PRODUCTION GROWTH DOUBLING. World Primary Aluminum Production Growth Pace to Double in H2 2023
World primary aluminum production growth rate is set to accelerate in 2H ‘23 toward 2.8% y/y, up from an estimated expansionary pace of…
IN CORRECTION MODE… AS HARBOR ANTICIPATED. Aluminum’s Industry Landscape & Price Outlook 2023-24
Aluminum’s Industry Landscape & Price Outlook 2023-24
LME up from three-week lows; LME contango widens to $44
Aluminum prices increased for the first time in three sessions, rebounding from yesterday’s three-week low, amid broad-based gains across the commodity complex due to expectations China will release more details on economic stimulus plans later this week
LME price ends week on bearish note, EU billet premiums down further
Aluminum underperformed the base metals complex during today’s session, further reversing gains experienced earlier this week.
LME price remains around $2,600 per mton; US imports of offshore billet units continue to fall
Aluminum prices failed to sustain gains amid subdued LME trading volumes, market expectations for alumina prices to moderate in the coming months
LME price up further, range-trading continues
Prices increased during the second half of today’s session amid technical support around recent two-week lows