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Aluminium

LME-PRICES aluminium (25/04/17)
settle SETTLE EURO close CLOSE EURO vol chg ASIAN
Cash 1943 1784.5 1938.3 1780.2 1 4.75
TOM
3 month 1954 1794.6 1946 1787.3 12483 16 1950.2
15 month 1973.5 1812.5
27M 1998.5 1835.5
63M 2097.5 1926.4
123M 2337.5 2146.9
SHFE aluminium (25/04/17)
close CLOSE EURO high low vol chg
APR 17 14300 13134 2121.9 2037.7 12780 290
MAY 17 14335 13166 2090.1 2074.2 5650 90
JUN 17 14435 13258 2104.7 2087.2 119830 105
JUL 17 14500 13317 2114.1 2097.4 33702 85
AUG 17 14565 13377 2121.4 2106.9 5286 100
SEP 17 14610 13418 2128.7 2114.1 1888 80
OCT 17 14645 13451 2130.1 2119.2 210 70
NOV 17 14680 13483 2135.9 2127.9 14 55
DEC 17 14705 13506 2143.2 2129.4 30 50
JAN 18 14730 13529 2151.2 2135.9 44 70
FEB 18 14775 13570 2153.4 2142.5 10 40
MAR 18 14850 13639 2157.7 2142.5 22 110

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London Metal Exchange Aluminium

The aluminum market is constantly changing, besides product information there is a great demand for current prices and real time LME aluminium prices.

The history of aluminum

The processing of light metal aluminum in comparison with other commonly used non-ferrous metals such as iron, copper, tin, silver and gold, have a very short history in the world. Aluminum was discovered at the beginning of the nineteenth century and came only at the beginning of the twentieth century sufficiently available for various industrial applications. The English chemist Davy gave this pure metal the name aluminum.

How is aluminum made?

Aluminum is made by the raw material bauxite alumina to extract. Less than a hundred years later, aluminum is impossible not to think of in the world. Aluminum is sufficiently present, it is widely applicable and durable material for various processes and can be used in very different products.

How is LME aluminum pricing determined?

Each aluminum processing company in the world has to deal with the risks of fluctuating aluminum prices and as a result the prices for intermediate goods and the prices of finished known products. Through past experience we have learned that not only supply and demand is an important part for the historical aluminium prices, but above expectations and sentiments in the financial sector, the price of aluminum determination.

The risks of fluctuations of aluminum

Changes in aluminum prices are very unpredictable and price fluctuations can be very strong. These fluctuations have a direct impact on the profit margins, the value of the stock, but also behaviors of customers who ordered the aluminum suddenly do want to diminish or postpone the order. Companies seek control of these risks by making good agreements with both customers and suppliers of aluminum.

Aluminum trading

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. The LME aluminum gives the price in U.S. dollars per 1000 kg. The ‘settlement price’ is the official cash sale and generally serves as a basis for contracts.

Current lme aluminum prices

Due to the weak economy metals are currently relatively cheap. The price of aluminum on the leading London Metals Exchange (LME aluminium) fell by 12% since January 2012. Investors are buying aluminum on a large scale and sell the aluminium slow, which enables much higher purchases for companies.