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aluminium imports

Falling inventories boost aluminium but surpluses lie ahead

LONDON: Aluminium rose on Tuesday, helped by a weakening dollar and a sharp fall in inventories available on the...

Published 20 Dec, 2022 07:09pm

Markets

China Nov aluminium imports fall amid rising domestic supply

BEIJING: China’s aluminium imports in November fell 35.7% from a year earlier as a result of mounting domestic...

Published 18 Dec, 2022 01:53pm

Markets

Aluminium sinks to lowest in three weeks on demand worries

LONDON: Aluminium prices sank to the lowest in three weeks on Thursday and other industrial metals also fell on...

Published 08 Apr, 2022 05:28am

Markets

Carbon brakes aluminium supply response to booming prices: Andy Home

LONDON: China, the world’s largest aluminium producer, is still running short of primary metal. The country...

Published 02 Dec, 2021 03:57am

Markets

Guinea turmoil pushes aluminium to 10-year high

Aluminium on the London Metal Exchange (LME) was up 1.1% at $2,757 a tonne
Prices are up about 40% this year.

Published 06 Sep, 2021 05:04pm

Markets

Aluminium prices lifted to 10-year high by China concerns

LONDON: Aluminium prices hit their highest in more than 10 years on Tuesday as smelters in top producer China faced...

Published 01 Sep, 2021 03:59am

Markets

China curbs propel aluminium prices to highest since April 2018

LONDON: Aluminium prices soared to their highest level in more than three years on Friday as worries about supplies...

Published 28 Aug, 2021 03:54am

Markets

China curbs propel aluminium to highest since April 2018

Aluminium traded up 1.4% at $2,655.5 a tonne in official rings
It's all to do with China and output curbs, which are mostly to do with cutting emissions, unusual in the summer months

Updated 27 Aug, 2021 06:23pm

Markets

Copper hits lowest in almost two months

LONDON: Copper prices slumped to their lowest in nearly two months on Wednesday after recent weak economic data...

Published 19 Aug, 2021 04:15am

Markets

Aluminium muscles higher on weak China supply, US shortages

There's a combination of different factors that will keep aluminium prices elevated and it's unlikely to be resolved very quickly

Published 17 Aug, 2021 04:37pm

Markets

Copper knocked by dollar's gains as Fed meeting in focus

Benchmark copper on the London Metal Exchange lost 0.7% to $9,737 per tonne
The bank's three-month, six-month and 12-month price target for copper is $10,500/t, $11,000/t and $11,500/t, respectively.

Published 27 Jul, 2021 06:28pm

Markets

Demand doubts and dollar dent copper sentiment

"China's economy and demand is slowing, the dollar isn't helping and Chinese authorities are intent on making sure the market understands what they want"

Published 19 Jul, 2021 05:54pm

Markets

Copper boosted by hopes for China stimulus as GDP disappoints

Benchmark three-month copper on the London Metal Exchange (LME) was up 0.4% at $9,383.50 a tonne in official trading.
China's primary aluminium output fell for a second straight month in June.

Published 15 Jul, 2021 05:41pm

Markets

China May aluminium output slips

BEIJING: China’s primary aluminium output fell slightly in May versus April, official data showed on Wednesday, as...

Published 20 Jun, 2021 03:39am

Markets

Aluminium extends rally on growing supply fears

Prices have rocketed 25% this year as commodities and equities markets surged and investors anticipate that a crackdown on polluting smelters in China will constrain supply.
Adding impetus was China saying it would "indefinitely" suspend all activity under a China-Australia Strategic Economic Dialogue, deepening a crisis in relations.

Published 06 May, 2021 08:56pm

Markets

Aluminium prices climb to 3-year high

LONDON: Aluminium prices climbed on Friday to three-year highs, fuelled by worries about supplies from top producer...

Published 24 Apr, 2021 03:21am

Markets

China's pollution clampdown drives aluminium to three-year peak

Benchmark aluminium on the London Metal Exchange was up 1% at $2,387 a tonne at 1121 GMT. Prices of the metal used widely in the transport, construction and packaging industries earlier touched $2,389, a gain of more than 20% since January.
Electricity, much of it from coal in China, can account for 30%-40% of aluminium smelting costs.

Published 23 Apr, 2021 05:35pm

Markets

Supply angst propels aluminium to multi-year high

Benchmark aluminium on the London Metal Exchange (LME) was up 1% at $2,315 a tonne.
Aluminium, which is used in transport, packaging and construction, earlier touched its highest since June 2018 at $2,323.50 to stand more than 15% up from the start of this year.

Published 14 Apr, 2021 04:51pm

Business & Finance

China aluminium giant Hongqiao to publish carbon goals this year, chairman says

Hongqiao affiliate Shandong Weiqiao Pioneering Group and state-owned rival Aluminum Corp of China in January issued a joint proposal on how the Chinese aluminium sector should reduce emissions.
"We hope to explore specific paths and methods for the low-carbon transformation of China's aluminium industry," he told the Forum, a high-level business gathering hosted by a foundation under the State Council, China's cabinet.

Published 20 Mar, 2021 09:35pm

Markets

China Jan-Feb aluminium output rises

SHANGHAI: China’s aluminium production rose 8.4% in the first two months of 2021 compared with the same period ...

Published 16 Mar, 2021 04:43am

Markets

Aluminium gains on concern about Chinese supply

Three-month aluminium on the London Metal Exchange was up 0.3% at $2,219 a tonne.
Decarbonisation and moving to the carbon neutral target will be a key focus at the two sessions in Beijing this week so that's why aluminium and steel would be in the spotlight because they are energy intensive industries.

Published 03 Mar, 2021 06:00pm

Markets

Aluminium producer Norsk Hydro sued by Brazilian group over alleged pollution

The lawsuit is brought by a group of communities who live in the lower Amazon region in the Brazilian state of Para.
Hydro has three installations in Para: Paragominas, a bauxite mine; Alunorte, a refinery where the bauxite is transformed into alumina; and Albras.

Published 09 Feb, 2021 05:27pm

Markets

Aluminium hits two-month low as inventories, output climbs

In the short term, you have those inventory rises from both markets, China and ex-China.
The stock gains in China were expected ahead of the Lunar New Year holiday, which kicks off in mid-February, Yao added.

Published 19 Jan, 2021 06:23pm

Markets

LME copper eases, but hovers near multi-year high on demand recovery hopes

The most-traded copper contract on the Shanghai Futures Exchange rose 0.7% to 58,110 yuan ($8,892.26) a tonne.

Published 24 Dec, 2020 10:02am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 18	278.55
USD PKR Interbank Buying / Dec 18	278.25
USD to Japanese Yen / Dec 18	153.63
USD to Swiss Franc / Dec 18	0.89
Pound Sterling to USD / Dec 18	1.27
Euro to USD / Dec 18	1.05

Stock	Volume
S&P 500 / Dec 17	6,050.61
Nasdaq / Dec 17	20,109.06
FTSE 100 / Dec 17	8,195.20
Dow Jones / Dec 17	43,449.90
Germany DAX 30 / Dec 17	20,246.37
France CAC40 / Dec 17	7,365.70
India Sensex / Dec 18	80,231.76
Tokyo Nikkei / Dec 18	39,081.71

Item	Value
Gold 10 Grams PKR / Dec 17	241,860
Petrol/Litre / Dec 18	252.10
Crude Oil USD/Barrel / Dec 18	70.43
Karachi Cotton PKR/37.32 KG / Dec 18	17,585
Gold Spot USD/Ounce / Dec 18	2,644.54
Diesel/Litre / Dec 18	255.38

Gainers
Losers
Leaders

Stock	Price
LSE Capital / Dec 18 LSE Capital Limited(LSECL)	6.70 ▲ 1.00 (17.54%)
Dadabhoy Cement / Dec 18 Dadabhoy Cement Industries Limited(DBCI)	8 ▲ 0.89 (12.52%)
S.G.Power / Dec 18 S.G. Power Limited(SGPL)	9.17 ▲ 1.00 (12.24%)
Faran Sugar (R) / Dec 18 Faran Sugar Mills Limited (R)(FRSMR)	9.43 ▲ 1.00 (11.86%)
Aisha Steel Mill / Dec 18 Aisha Steel Mills Limited(ASL)	11.06 ▲ 1.01 (10.05%)
Oilboy Energy / Dec 18 Oilboy Energy Limited(OBOY)	11.50 ▲ 1.05 (10.05%)
Data Agro / Dec 18 Data Agro Limited(DAAG)	139.24 ▲ 12.66 (10.00%)
Leather Up Ltd. / Dec 18 Leather Up Limited(LEUL)	26.74 ▲ 2.43 (10.00%)
Pak Datacom / Dec 18 Pak Datacom Limited(PAKD)	103.94 ▲ 9.45 (10.00%)

Stock	Price
Blue-Ex Ltd / Dec 18 Blue-Ex Limited (GEM)(GEMBLUEX)	37.76 ▼ -4.20 (-10.01%)
National Bank / Dec 18 National Bank of Pakistan(NBP)	66.38 ▼ -7.38 (-10.01%)
Din Tex. / Dec 18 Din Textile Mills Limited(DINT)	45.90 ▼ -5.10 (-10.00%)
Dawood Lawrencepur / Dec 18 Dawood Lawrencepur Limited(DLL)	211.50 ▼ -23.50 (-10.00%)
Imperial Limited / Dec 18 Imperial Limited(IML)	20.16 ▼ -2.24 (-10.00%)
J.A.Textile / Dec 18 J.A. Textile Mills Limited(JATM)	44.37 ▼ -4.93 (-10.00%)
Macter Int. Ltd / Dec 18 Macter International Limited(MACTER)	331.40 ▼ -36.82 (-10.00%)
Mari Petroleum / Dec 18 Mari Petroleum Company Limited(MARI)	728.78 ▼ -80.98 (-10.00%)
Bilal Fibres / Dec 18 Bilal Fibres Limited(BILF)	12.61 ▼ -1.40 (-9.99%)

Stock	Volume
WorldCall Telecom / Dec 18 Worldcall Telecom Limited(WTL)	151,921,663 ▼ -0.11
Pak Elektron / Dec 18 Pak Elektron Limited(PAEL)	107,502,606 ▲ 0.63
Cnergyico PK / Dec 18 Cnergyico PK Limited(CNERGY)	58,285,174 ▼ -0.37
B.O.Punjab / Dec 18 The Bank of Punjab(BOP)	57,202,972 ▼ -0.02
Pak Refinery / Dec 18 Pakistan Refinery Limited(PRL)	55,973,468 ▲ 0.15
Sui South Gas / Dec 18 Sui Southern Gas Company Limited(SSGC)	42,923,281 ▲ 2.58
PIA Holding Co.Ltd / Dec 18 PIA Holding Company Limited(PIAHCLA)	36,897,118 ▲ 0.21
Hub Power Co. / Dec 18 The Hub Power Company Limited(HUBC)	33,289,968 ▼ -2.19
Aisha Steel Mill / Dec 18 Aisha Steel Mills Limited(ASL)	31,906,451 ▲ 1.01

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