What is LME aluminum price today?

What is LME aluminum price today?

Aluminium Price Live

Last Price Change High
21255 -60.00 21325
21235 -90.00 21340
21230 -85.00 21335
MCX

Will aluminum prices go up in 2021?

On aluminum prices and demand: “In 1H 2021, the average aluminum realized price increased 30.2% y-o-y to USD2,287 per ton.” “We have seen strong demand in the aluminum sector and our financial results for the period will benefit from a significant increase in realized prices.”

What’s the current price of aluminum?

Industrial Metals

Name Price %
Aluminium 2,701.85 0.45
Lead 2,391.50 -0.35
Iron Ore 140.54 -1.81
Copper 9,364.11 0.34

Will the price of aluminum go up?

Prices surged after Chinese aluminium imports increased 36 per cent in April. Trading Economics website projected the non-ferrous metal price rising to $3,000 by next year-end as traders see the market undersupplied by 480,000 tonnes. Supply shortage is seen rising to 1.08 million tonnes in 2023.

What’s the price of aluminium on the LME?

LME Aluminium Asian Reference Price, US$ per tonne. Metal. Price. Aluminium. 3-months ABR. 2174.83. Login or register to view LME Aluminium prices and monthly averages.

Where can I find the price of aluminum?

In basic industry, it is already customary to price risk management by trading the futuremarket for aluminum, the London Metal Exchange (LME). The world prices of aluminum are listed on the London Metal Exchange (LME) and form the basis for price calculations of many aluminum processing enterprises.

What are the metals in the LME index?

LME Index London Metal Exchange Index consists of 6 metals with the following weights: aluminim (42.8%), copper (31.2%), zinc (14.8%), lead (8.2%), nickel (2%) and tin (1%). Weightings of the six metals are derived from global production volume and trade liquidity averaged over the preceding five-year period.

What’s the price of copper on the LME?

LME index surged to above 3800 points for the first time since September 2011 as traders rush to buy metals on expectations of faster economic growth and inflation globally while elevated yields weighed on equities. Copper has been one of the biggest gainers, with LME futures surging to a 9-1/2-year high.

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