Trends - aluminium - Business Recorder

Markets

Aluminium edges lower, but clings to 10-year high

Benchmark three-month aluminium on the London Metal Exchange shed 0.5% to $2,760 a tonne in official trading

Updated 07 Sep, 2021 05:50pm

Markets

Guinea turmoil pushes aluminium to 10-year high

LONDON: Aluminium prices rose on Monday after reports of a coup in Guinea triggered concerns that supply of bauxite,...

Published 07 Sep, 2021 06:25am

Markets

China's PMIs point to softer metal imports, but be wary of stimulus

LAUNCESTON, (Australia): China's loss of economic growth momentum, confirmed by soft results in August manufacturing...

Published 03 Sep, 2021 04:58am

Markets

LME official prices

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

Published 31 Aug, 2021 04:03am

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

LME official prices

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

Published 25 Aug, 2021 04:43am

Markets

London copper falls on caution ahead of Fed symposium

Copper is often used as a gauge of global economic health and a policy tightening might slow a recovery in the world's biggest economy and boost the dollar

Published 24 Aug, 2021 10:55am

Markets

Aluminium muscles higher on weak China supply, US shortages

LONDON: Aluminium prices pushed higher on Tuesday on renewed supply worries over power issues in top producer China,...

Published 18 Aug, 2021 04:00am

Markets

Shanghai aluminium hits 13-year high on supply concerns

Three-month aluminium on the London Metal Exchange hit its highest since July 30 at $2,635 a tonne

Published 17 Aug, 2021 11:41am

Markets

LME aluminium may rise to $2,674 this week

Support is at $2,581, a break below which could cause a fall into $2,495-$2,536 range

Published 16 Aug, 2021 01:17pm

Markets

LME official prices

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

Published 11 Aug, 2021 04:27am

Markets

LME aluminium may retest resistance at $2,626 this week

Support is at $2,536, a break below which could cause a fall into $2,431-$2,495 range

Published 10 Aug, 2021 01:45pm

Markets

LME aluminium may rise into $2,674-$2,731 range this week

A projection analysis on the trend suggests a target of $2,674, as the metal has broken a resistance at $2,581

Published 02 Aug, 2021 03:05pm

Markets

Shanghai aluminium up on supply woes

SHANGHAI: Shanghai aluminium prices rose on Friday, hovering near a 11-year high, on supply worries in China amid a...

Published 31 Jul, 2021 04:05am

Markets

Copper rises as Fed spreads bullish mood through markets

Benchmark copper on the London Metal Exchange (LME) was up 1.3pc at $9,816 a tonne at 1603 GMT, near a record high of $10,747.50 reached in May.

Published 29 Jul, 2021 10:47pm

Markets

Copper climbs to 6-week high on floods in top buyer China

LONDON: Copper prices rose on Monday as floods in top consumer China sparked demand hopes at a time when inventories...

Published 27 Jul, 2021 04:40am

Markets

China to release 170,000 tonnes of metals

BEIJING: China will sell another 30,000 tonnes of copper, 90,000 tonnes of aluminium and 50,000 tonnes of zinc from...

Published 26 Jul, 2021 05:21am

Markets

Copper gains for fourth session on economic recovery hopes

Three-month copper on the London Metal Exchange (LME) had climbed 1pc to $9,534.50 a tonne by 1615 GMT, on track to finish the week in positive territory.

Published 23 Jul, 2021 09:55pm

Markets

China will continue to release metals reserves in batches

BEIJING: China will strengthen commodity price monitoring and continue to release copper, aluminium, and zinc from...

Published 20 Jul, 2021 04:14am

Markets

China June aluminium output falls for 2nd month, hit by power curbs

June aluminium output 3.29 mln T vs 3.32m T in May
H1 aluminium production up 10.1% y/y at 19.64m T
June overall nonferrous metal output 5.49m T, up 8% y/y

Published 15 Jul, 2021 09:07am

Markets

Shanghai exchange waives fee for standard warrants used as margins

SHANGHAI: China’s Shanghai Futures Exchange said that fees charged for using standard warrants as margins will be...

Published 15 Jul, 2021 04:03am

Markets

China’s state metals reserves auctioned off in double-quick time

BEIJING: The first round of China’s much-anticipated state metal reserves auctions needed only one of two days...

Published 08 Jul, 2021 04:22am

Markets

Copper on track for biggest monthly decline since March 2020

The metal was still up around 7pc for the April-June quarter, however - the fifth consecutive quarter of rising prices - after reaching an all-time peak of $10,747.50 on May 10.

Published 01 Jul, 2021 12:22am

Markets

LME official prices

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

Published 30 Jun, 2021 03:54am

Markets

Aluminium rises as Russia's new export tax fuels supply concerns

Three-month aluminium on the London Metal Exchange rose 1.4% to $2,523.50 a tonne by 0604 GMT

Published 29 Jun, 2021 12:16pm

Markets

LME aluminium may retest resistance at $2,546 in Q3

The wave iv has taken the shape of a bullish triangle, which will suggest a target of $2,718 once confirmed.

Published 25 Jun, 2021 10:51am

Markets

China's first round of copper, zinc auctions fail to impress

LAUNCESTON, (Australia): China has released details of its first round of auctions of non-ferrous metals from its...

Published 25 Jun, 2021 04:20am

Markets

Brazilian aluminium com

SAO PAULO: Aluminium group Companhia Brasileira de Aluminio has estimated a price range between 14 reais and 18 ...

Published 25 Jun, 2021 04:20am

Pakistan

PABC’s IPO raises Rs4.6bn through book building

KARACHI: The book-building phase of Pakistan Aluminium Beverage Cans Limited (PABC)’s Initial Public Offer (IPO)...

Published 24 Jun, 2021 03:36am

Markets

China to auction first batch of state metal reserves on July 5

BEIJING: China’s state reserves administration on Tuesday said it would publicly auction a total of 100,000 tonnes...

Published 24 Jun, 2021 03:36am