The three-month aluminium price on the London Metal Exchange continued its decline at the close of trading on Monday March 30, settling at its lowest level since April 2016, while a steady uptick in lead saw its outright price close at a two-week high.
30 March 2020
Hassan Butt
The Chinese alumina price dropped sharply on Thursday March 26 on shrinking demand from aluminium smelters, several of whom put part of their capacity on maintenance to avoid further losses.
30 March 2020
Hui Li
The three-month aluminium price on the London Metal Exchange was lower during morning trading on Monday March 30, with price action falling by around 1.6% after more than 24,000 tonnes of metal was delivered back to LME-registered warehouses across Asia.
30 March 2020
Hassan Butt
Markets were looking quite mixed this morning, Monday March 30, with most Asian-Pacific equity indices down, the pre-market Dow Jones Industrial Average up by 0.2%, oil prices down by around 5% and the base metals prices mixed.
30 March 2020
William Adams
Base metals prices on the Shanghai Futures Exchange were down across the board at the close of morning trading on Monday March 30, with aluminium leading the complex lower with a fall of 2.1%.
30 March 2020
Karen Ng
The three-month copper price on the London Metal Exchange closed below the $4,800-per-tonne psychological threshold on Friday March 27, finishing at the day $4,790.50 per tonne with a turnover of just 11,475 lots.
27 March 2020
Rijuta Dey Bera
En+ Group, the majority owner of Russian aluminium producer UC Rusal, may review its 2020 capital expenditure in light of the impact of the Covid-19 pandemic, but still plans to spend more than $715 million at its smelters and alumina refineries over the next five years, it said.
27 March 2020
Andrea Hotter
The alumina price on a fob Australia declined below $260 per tonne on Friday March 27 after the market continued to react to falling aluminium prices.
27 March 2020
Alice Mason
The differential between duty-paid and unpaid aluminium in Rotterdam continues to narrow, leaving market participants wondering if the two premiums could end up close to parity.
27 March 2020
Justin Yang, Alice Mason
Base metals' stocks in Shanghai Futures Exchange-approved warehouses all fell over the week to Friday March 27, with lead, in particular, registering the biggest outflows.
27 March 2020
Violet Li
