Trends - aluminium - Business Recorder

Markets

Copper touches lowest in nearly a month

LONDON: Copper prices slipped to their lowest in almost a month on Thursday on concern over slowing growth in top...

Published 02 Apr, 2021 04:58am

Markets

Japan aluminium stocks fall 2.5% m/m in February

Marubeni collects data from the ports of Yokohama, Nagoya and Osaka.

Published 01 Apr, 2021 11:32am

Markets

Copper climbs on Chinese factory data, infrastructure hopes

A stronger U.S. currency makes dollar-priced metals more expensive and less appealing to holders of other currencies.

Updated 01 Apr, 2021 12:01am

Markets

Japan buyers agree to pay Q2 aluminium premiums of $148-149/T

The April-June premiums are the highest since the same quarter in 2015. In January to March, the premium was $130 per tonne. This is a third consecutive quarterly rise in premiums.

Published 31 Mar, 2021 02:16pm

Markets

Copper prices slide

LONDON: Copper prices slid on Monday as worries about higher freight costs receded after a container ship blocking...

Published 30 Mar, 2021 05:45am

Markets

Copper slides as ship blocking Suez refloated

Benchmark copper on the London Metal Exchange was down 0.9% to $8,883 a tonne.
"Copper prices lurched lower after we saw the news about the ship in the Suez Canal," a copper trader said. "There may still be a knock-on effect on costs and there is still a queue, but at least the canal isn't blocked any more."

Published 29 Mar, 2021 08:10pm

Markets

Copper falls to near 3-week low on China demand worries, firm dollar

Three-month copper on the London Metal Exchange had shed 2.3pc to $8,775 a tonne by 1700 GMT, having hit $8,702 a tonne, its lowest since March 5.

Updated 26 Mar, 2021 12:04am

Markets

Copper and aluminium fall as sanctions and Covid chill markets

LONDON: Copper prices fell on Tuesday as tit-for-tat sanctions between China and the West and new coronavirus...

Published 24 Mar, 2021 05:10am

Markets

Aluminium hits highest since 2018

LONDON: Aluminium prices rose on Monday to their highest level since June 2018 as investors worried that Chinese...

Updated 23 Mar, 2021 05:15pm

Markets

Boliden launches low-carbon copper products

LONDON: Sweden’s Boliden said it has launched two “green” copper products this week, the first of its kind,...

Published 20 Mar, 2021 04:39am

Markets

Shanghai aluminium touches over 9-year high on Chinese supply concerns

The three-month aluminium on the London Metal Exchange advanced as much as 0.4% to $2,227 a tonne.

Published 16 Mar, 2021 12:07pm

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

Copper gains in thin volume, aluminium jumps

LONDON: Copper prices gained on Monday after stronger-than-expected industrial growth in top metals consumer China,...

Published 16 Mar, 2021 04:43am

Markets

China Jan-Feb aluminium output rises on new capacity increase

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

LME aluminium may rise towards $2,236 this week

The analysis is published once a week on Monday.

Published 15 Mar, 2021 02:29pm

Markets

China Jan-Feb aluminium output rises on new capacity increase

"The new capacity will mainly come from Yunnan in 2021," she said.

Published 15 Mar, 2021 01:00pm

Markets

LME official prices

LONDON: The following were Thursday official prices

Published 13 Mar, 2021 04:28am

Markets

Copper edges down as a firm dollar weighs

The dollar held near a 3-1/2-month high against its rivals as higher bond yields.

Published 09 Mar, 2021 10:31am

Markets

LME official prices

LONDON: The following were Friday official prices....

Published 09 Mar, 2021 05:45am

Markets

Platts to launch 'green' aluminium prices in April

The metals sector has struggled with adopting common standards for low-carbon aluminium as rival producers fight for market share among consumers who are under pressure to cut their own emissions footprints.
S&P Global Platts said it would start issuing daily prices for both low-carbon and zero-carbon aluminium on April 6.

Published 05 Mar, 2021 06:53pm

Markets

China Hongqiao profit hits record on high aluminium prices; output falls for 3rd year

Shandong-based Hongqiao posted annual net income of 10.5 billion yuan ($1.62 billion) last year, according to a filing to the Hong Kong stock exchange on Friday.
Revenues were up only 2.3% year-on-year to 86.14 billion yuan, however, with Hongqiao also attributing its bumper earnings to lower production costs and lower impairment losses compared with a year earlier.

Published 05 Mar, 2021 06:05pm