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Top Stories
Macro tailwinds coexists with inventory pressure, limiting upside room for aluminium prices
15 May 20267MINS
Futures: The most-traded SHFE aluminium 2606 contract closed at RMB 24,700 per tonne, down 0.70 per cent. The price was near MA5 (24,668.00), MA10 (24,594.00), and MA30 (24,805.33), and above MA60 (24,581.00). Short-term moving average support was moderate, and the price was currently moving sidew ...
LME aluminium price continues to surpass a four-year high as cash offer climbs to $3,768/t on May 14
15 May 20263MINS
The London Metal Exchange (LME) aluminium price on May 14 rose further to its four-year high, surpassing the previous day’s closing for both the spot and longer-dated contracts. Additionally, LME inventory declined, while cancelled warrants increased from the last day. The LME cash bid and cash o ...

14 May 20265MINS
Gujarat-based Baheti Recycling Industries Limited is steadily advancing towards solidifying its position in India’s secondary aluminium market by diversifying into higher-value aluminium wire rods and reaching out to the automotive supply chain. As new capacities are being developed alongside dire ...
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