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Al Circle

A Virtual Aluminium Ecosystem: Get the latest news and information on the global aluminium industry, that covers bauxite, alumina, primary aluminium, downstream aluminium, secondary aluminium, and fabricated products.

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News

AL Circle
alcircle.com > news > low-inventory-supports-aluminium-prices-to-consolidate-at-highs-peak-season-recovery-pace-awaits-verification-121123

Low inventory supports aluminium prices to consolidate at highs; Peak season recovery pace awaits verification

3+ day, 1+ hour ago   (458+ words) Futures extended their firm rise, with prices climbing steadily and the close holding above all short-term moving averages. Trading volume pulled back on the day, while open interest increased, driven mainly by bull position additions. On the technical front, the…...

AL Circle
alcircle.com > news > lme-aluminium-cash-offer-rises-0-84-to-3-353-t-stocks-remain-unchanged-at-244-525t-121122

LME aluminium cash offer rises 0.84% to $3,353/t; stocks remain unchanged at 244,525t

3+ day, 1+ hour ago   (600+ words) The LME aluminium price moved higher on September 9 compared with the previous trading day, with cash and three-month aluminium prices recording gains, while total warehouse stocks remained unchanged. On September 9, the LME aluminium cash bid price stood at USD 3351.5 per…...

AL Circle
alcircle.com > news > lme-aluminium-price-chart-rises-further-to-3-325-t-stocks-remain-stable-121104

LME aluminium price chart rises further to $3,325/t; stocks remain stable

3+ day, 19+ hour ago   (623+ words) The London Metal Exchange (LME) aluminium price chart continues to record an upward trend across the pricing and contract segments on the September 8 trading session, reporting gains over the September 7 close. Opening stocks remained stable, not reporting any further decline....

AL Circle
alcircle.com > blog > were-back-with-the-fourth-edition-of-hedging-for-recyclers

Hedging for Aluminium Recyclers: Fourth Edition

5+ day, 20+ hour ago   (299+ words) This is where aluminium hedging for recyclers becomes particularly relevant. Hedging can help businesses understand their exposure, evaluate the potential impact of price movements and make more informed decisions around purchasing, inventory and sales. But knowing that hedging exists is…...

alcircle
alcircle.com > news > lme-aluminium-price-surges-to-3-222-t-with-stable-opening-stocks-on-august-28-120987

LME aluminium price surges to $3,222/t with stable opening stocks on August 28

1+ week, 6+ day ago   (387+ words) The London Metal Exchange (LME) aluminium price chart recovered on the August 28 trading session across the pricing and contract segments compared to the August 27 close. On the inventory side, opening stocks and live warrants remained stable for three consecutive sessions....

alcircle
alcircle.com > press-release > aluminium-billet-inventory-drops-to-139-500-tonnes-warehouse-withdrawals-recover-processing-fees-under-pressure-across-the-board-120983

Aluminium billet inventory drops to 139,500 tonnes, warehouse withdrawals recover, processing fees under pressure across the board

2+ week, 7+ hour ago   (176+ words) Specifically, inventory in the Foshan area fell to 62,500 tonnes due to a significant reduction in weekly arrivals, making it the main force behind the drop in total inventory; the Wuxi area saw a modest inventory buildup to 25,500 tonnes due to…...

alcircle
alcircle.com > press-release > pv-aluminium-frame-operations-continue-to-consolidate-on-a-strong-note-aluminium-price-macro-sentiment-weakens-and-inventory-forward-oversupply-pressu-120981

PV aluminium frame operations continue to consolidate on a strong note, aluminium price macro sentiment weakens, and inventory forward oversupply pressure persists

2+ week, 8+ hour ago   (452+ words) AL Circle PV aluminium frame operations continue to consolidate on a strong note, aluminium price macro sentiment weakens, and inventory forward oversupply pressure persists PV aluminium extrusion: In this week's survey sample, the operating rate of PV frame enterprises consolidated…...

Google News
alcircle.com > press-release > the-strait-situation-has-marginally-eased-and-under-the-tug-of-war-between-sellers-and-buyers-aluminium-prices-maintain-a-pattern-of-consolidation-on-120924

The Strait situation has marginally eased, and under the tug-of-war between sellers and buyers, aluminium prices maintain a pattern of consolidation on a subdued note

2+ week, 4+ day ago   (381+ words) Iran and Oman issued a joint statement, planning to establish a mutually agreed safe maritime corridor in the Strait of Hormuz. Iran's Deputy Foreign Minister Gharibabadi stated that the memorandum of understanding on the Strait of Hormuz between Iran and…...

alcircle
alcircle.com > news > lme-aluminium-cash-offer-price-falls-0-86-per-cent-to-43-188-t-stocks-remain-unchanged-120923

LME aluminium cash offer price falls 0.86% to $3,188/t; stocks remain unchanged

2+ week, 4+ day ago   (326+ words) LME aluminium prices declined on August 25 compared with the previous session, while exchange stocks remained broadly stable. The LME aluminium cash bid price fell to USD 3,187.50 per tonne on August 25 from USD 3,215 per tonne on August 24, a 0.86 per cent decline....

alcircle
alcircle.com > press-release > continued-destocking-of-aluminium-ingot-inventory-underpins-china-s-weak-demand-suppresses-the-rise-of-aluminium-prices-120904

Continued destocking of aluminium ingot inventory underpins, China's weak demand suppresses the rise of aluminium prices

2+ week, 5+ day ago   (566+ words) The most-traded SHFE aluminium 2610 contract closed at RMB 23,815 per tonne, up RMB 30 from yesterday's settlement price, an increase of 0.13 per cent. It opened at RMB 23,790 per tonne during the session, fluctuating in a range of RMB 23,780-23,940 per tonne. Prices traded…...