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 down $100 w/w; Alumina tumbles below $400
LME cash prices fell by the most since September 2024, down 3.8% w/w or $100 per mton following the strongest speculative selling (CTAs) of aluminum long positions in almost two years.
LME price plunges below $2,550 per mton; US billet market awaiting reciprocal Tariffs news
aluminum prices regained ground amid technical buying and broad-based across the base metals complex ahead of this afternoon’s Federal Reserve interest rate decision and economic projections.
US on path to lifting sanctions on Russian aluminum; LME down to 8-week lows; European P1020 gaps down
aluminum prices regained ground amid technical buying and broad-based across the base metals complex ahead of this afternoon’s Federal Reserve interest rate decision and economic projections.
LME price at three-week lows amid still weak US demand; LME Cash-3M backwardation narrows
aluminum prices regained ground amid technical buying and broad-based across the base metals complex ahead of this afternoon’s Federal Reserve interest rate decision and economic projections.
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…
LME Cash price plunges by $40 per mton; MW premium falls amid profit-taking from historical rally
aluminum prices regained ground amid technical buying and broad-based across the base metals complex ahead of this afternoon’s Federal Reserve interest rate decision and economic projections.
LME Prices Stalled at Cyclical Resistance; Correction Expected
LME prices have continued to trade inside the $2,500-2,750 per mton range.