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Aluminium

LME-PRICES aluminium (19/04/18)
settle SETTLE EURO close CLOSE EURO vol chg ASIAN
Cash 2602.5 2101.8 2540.5 2051.8 -12.50
TOM
3 month 2587 2089.3 2537 2048.9 42936 -60 2621.2
15 month 2457 1984.3
27M 2418.3 1953.0
63M 2441.8 1972.0
123M 2680.5 2164.8
SHFE aluminium (19/04/18)
close CLOSE EURO high low vol chg
APR 18
MAY 18 2374.9 1918.0 2425.1 2363.8 32150 -285
JUN 18 2390.1 1930.3 2435.5 2376.5 315592 -285
JUL 18 2404.4 1941.9 2453.8 2390.1 140450 -280
AUG 18 2415.6 1950.9 2466.5 2402.8 17584 -290
SEP 18 2428.3 1961.2 2483.3 2416.4 14430 -305
OCT 18 2433.1 1965.0 2480.1 2423.5 3304 -300
NOV 18 2445.8 1975.3 2488.9 2445.8 232 -325
DEC 18 2457.8 1985.0 2496.0 2447.4 134 -250
JAN 19 2467.3 1992.7 2510.4 2466.5 202 -270
FEB 19 2479.3 2002.3 2512.8 2479.3 78 -295
MAR 19 2502.4 2021.0 2527.9 2498.4 28 -155

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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 1,000 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.