Your recipients's details You can enter a maximum of 5 recipients. Wer mit Hilfe von … Fragile prices on the London Metal Exchange (LME) during 2019 have already disconcerted primary producers like state-run National Aluminium Company (Nalco), … China Total world 0% 2% 4% 6% Construction Other Foil stock Packaging Cons. Admittedly, there are limitations to the data, but they still underpin our forecast that the aluminium price will underperform other base metals. Copper Date Value; LME Official Cash Ask ($/MT) 04 Jan: $7,918.50: LME Official 3M Ask ($/MT) 04 Jan: $7,931.00: LME Averages Cash Ask ($/MT) Dec 2020: $7,755.24 Help us improve LME.com by taking our short survey. Use ; to separate email addresses. Aluminium consumption: transport leads, construction lags 0% 2% 4% 6% 8% Japan Europe North America China Middle East India World ex. The prices discovered on our three trading platforms are used as the global reference price and both the metal and investment communities use the LME to transfer or take on risk, 24 hours a day. Jan 04, 2021. All rights reserved. LME Index - data, forecasts, historical chart - was last updated on December of 2020. * All metals can be traded during the 13:25 - 13:35 Kerb trading session. Contract specifications. Identifies the most relevant price drivers, includes different views circulating in the market, and provides detailed monthly, quarterly and annual LME aluminum price forecasts, by the most accurate analysts, for up to … Change . The LME cash copper price is expected to average $6,050 a tonne in 2020, a median forecast of 29 analysts shows, a 3% increase from the price on the afternoon of Oct. 25. * LME Official Settlement Price = cash offer. 15,590-120. Fragile prices on the London Metal Exchange (LME) during 2019 have already disconcerted primary producers like state-run National Aluminium Company (Nalco), … A bearish forecast for aluminium prices in calendar 2020 is likely to rattle domestic producers. In particular, we think that copper will be among the top price performers in the coming years, due to the limited pipeline of … Agenda 7 Raw materials and impacts on aluminium smelting industry Aluminium market outlook End market drivers; construction, industry and automotive China macro trends to focus on Section 232 and impact LME and premiums forecast Conclusions. There are many such providers worldwide and their reports can be costly Rarely free. 15,520-130. But the futures price remains strong, following the rest of the complex including copper. Participants can trade one of a number of metals using futures, options, TAPOs, Monthly Average Futures and LMEminis. Date. The three-month aluminium price fell by 1.4% this morning after nearly 30,000 tonnes were delivered into LME-listed warehouses. LME Aluminium can be traded on LMEselect from 01.00 - 19.00 London time, 24 hours a day on the inter-office telephone market and during the below times on the Ring: For further information please get in touch. Special report that analyzes the outlook for LME aluminum prices. Stock analysis for LMAHDS03. Real time spot and forecast price information require subscriptions. While greenfield capacity commissioning and restarts will likely stay on target, high-cost smelters may buckle under the strain of low London Metal Exchange (LME) aluminum prices. For Q4 2021, prices are seen averaging US$1,836. LME Index is expected to trade at 3382.98 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. The LME cash aluminium price is expected to recover in coming months, trading at an average of US$ 1984 a tonne in the third quarter, according to the 28 analysts co-opted by Reuters for the poll. Jan 04, 2021. Markets were for the most part upbeat this morning, Friday August 21, with all of the base metals on the London Metal Exchange firmer, as were most Asian-Pacific equities, although they are firmer within consolidation patterns. Aluminum prices. Dort gehandelte Futures beziehen sich auf Aluminium mit einer Mindestreinheit von 99,7 Prozent. Market data. Real time spot and forecast price information require subscriptions. SMM Aluminum Ingot - Gong Yi (RMB/mt) 15,500-15,540. As a result, we are bullish on aluminium prices over that period LME aluminium cash price, $/tonne 2019 forecast average price $1,786 2020 forecast average price $1,763 Chart via London Metal Exchange. Major world commodity exchanges such as LME, ICE, CME-NYMEX, and SHFE; Price benchmark assessments completed by specialized information providers or industry publications and sold to subscribers. Login or register to view LME Aluminium prices and monthly averages. Shanghai base metals mostly cruised lower on Tuesday morning, while their counterparts on the LME rose for the most part as market sentiment was boosted after Trump signed into law the $2.3 trillion pandemic aid and spending package. Chinese Yuan. Analysts expect cash LME aluminum to average $1,814 a tonne in 2020, up 6% from the current price. FUNDAMENTALS * Aluminium inventories in ShFE warehouses AL-STX-SGH were last at 222,498 tonnes, a 58%-drop from the 2020 peak in March, but LME stockpiles MALSTX … Official LME-Prices in US Dollar 31. LME aluminium cash price, $/tonne 2019 forecast average price $1,786 2020 forecast average price $1,763. LME Aluminium can be traded on LMEselect from 01.00 - 19.00 London time, 24 hours a day on the inter-office telephone market and during the below times on the Ring: Ring trading time - First session (UK) Meanwhile, the SHFE price reached CNY 14,820/mt on Aug. 3, a … Der Aluminium-Preis am Weltmarkt ist wie die meisten Rohstoffpreise starken Schwankungen unterworfen. Historically, Aluminum reached an all time high of 3271.25 in July of 2008. The agency predicts aluminum prices to rise to $2,200 per metric tonne in the next 10 years. It is heavily used in modern construction, automotive, aviation, energy, food and many other industries. Jan 04, 2021. Like LME aluminum, SHFE aluminum dropped to a three-year low as price weakness resulted from the coronavirus demand hit. aktuell | flexibel | zuverlässig. 20 August 2020 Die Menge wird in Tonnen angegeben, der Preis der Aluminium-Futures in US-Dollar. Aluminium is a silvery-white lightweight metal, and the most abundant metal on Earth. To conclude, we forecast that the price of aluminium will rise to $2,000 by end-2020 (from just below $1,800 currently). In December 2020, China's Manufacturing Purchasing Managers Index (PMI) was 51.9 percent, down by 0.2 percentage point from last month, which was above the threshold for ten consecutive months, indicating that the manufacturing industry continued to recovery steadily. Aluminium Price: Get all information on the Price of Aluminium including News, Charts and Realtime Quotes. December 2020 Current lme aluminum prices. For Q4 2021, prices are seen averaging US$1,836. Each LME tradeable contract is likewise governed by rules covering (but not limited to) prompt dates, settlement terms, traded and cleared currencies and minimum tick size. For instance, the London Metal Exchange delays releasing the end of day settlement prices by a day and updates them once daily at 2:00am UTC. Aluminum prices weakened globally during February, with Chinese prices showing the largest price declines. The LME released data last week showing over 1.2m tonnes of metal held off-warrant at end-May 2020. Fastmarkets concluded that aluminium prices spent most of the year below US$ 2000 per tonne and since mid-July have been trading below US$ 1800 per … Identifies the most relevant price drivers, includes different views circulating in the market, and provides detailed monthly, quarterly and annual LME aluminum price forecasts, by the most accurate analysts, for up to … As a result, voluntary production cuts could soften Wood Mackenzie’s surplus ou… The London Metal Exchange is the trading and price-formation venue of choice for industrial metals globally. This contrasts with the consensus, which expects prices to drift sideways. We forecast that global growth will start to rebound in late 2020, which should underpin higher prices for both aluminium and copper. We forecast that the price of aluminium will rise this year even if, as we expect, the market flips from a deficit to a surplus. Warehouses in Port Klang received 27,875 tonnes of aluminium, while a couple of hundred tonnes was also delivered into Johor. Major world commodity exchanges such as LME, ICE, CME-NYMEX, and SHFE; Price benchmark assessments completed by specialized information providers or industry publications and sold to subscribers. Your new password must contain eight or more characters and at least one number. In the Middle East, primary aluminium production increased by 4.35% year-on-yea… Chinese aluminum scrap prices dropped after four … Aluminium premiums have also been suppressed by a persistent backwardation in LME spreads. LME tin cash price, $/t 2019 forecast average price $19,368 2020 forecast average price $22,000 © 2021 The London Metal Exchange - an HKEX Company. The U.S. wasn’t the only nation seeing increased steel prices in the first quarter of 2017 — … A bearish forecast for aluminium prices in calendar 2020 is likely to rattle domestic producers. Foshan Nanhai Lingtong A00 aluminium ingot price stood at RMB 16990 per ton on Mon 14th Dec 2020, which is as same as last Friday's price of RMB 16990 per tonne. Conversion Aluminium Price Price; 1 Ton = 1,000 Kilograms Aluminium Price Per 1 Kilogram 2.03 USD price review forecast. The LME complex, except for lead, also cruised lower on Tuesday. The price of aluminum on the leading London Metals Exchange (LME aluminium) fell by 12% since January 2012. Special report that analyzes the outlook for LME aluminum prices. The ‘settlement price’ is the official cash sale and generally serves as a basis for contracts. Aluminum Premium (RMB/mt) (b)70-(b)110 (b)90 +40. We forecast a base case for the LME cash tin price of $19,500 per tonne in October-December 2019 and $22,000 per tonne for 2020. SMM Aluminum Premium - Gong … LME contracts may only be offered or sold to United States foreign futures and options customers by firms registered with the Commodity Futures Trading Commission (CFTC), or firms who are permitted to solicit and accept money from foreign futures and options customers from trading on the LME pursuant to CFTC Rule 30.10. ** Whilst Kerb trading takes place from 15:50 - 17:00 LME Aluminium ceases trading at 16:35. Average price forecast for 2020 is US$ 1933.4 per tonne. The London Metal Exchange is the world centre for industrial metals trading. 21 August 2020. SHFE/LME Ratio. Aluminum price is expected to decrease to $1,760 per metric tonne in 2020 from an average of $1,790/mt in 2019 and rebound to $1,800/mt in 2021 as projected by the World Bank. The benchmark London Metal Exchange aluminium three-month price averaged $1,765 per tonne in November, down from $1,949 per tonne in November 2018. What’s more, we think that the data are overstating the extent of 2019’s market deficit. "The global aluminum market is oversupplied in 2020 but there is currently genuine tightness in China, which is driving the recent price strength." Copper: Three-month LME copper fell 1.64% to close at $7,746/mt on Tuesday. Lead, the best performer, added 0.41%, while nickel dived 3.69%, copper slid 1.64%, aluminium slipped 1.63%, zinc plunged 2% and tin edged down 0.08%. For full contract specification details, please refer to the LME Rulebook and for other information, please refer to our disclaimer page. This is a summary of the contract specifications. Every metal traded on the LME must conform to strict specifications regarding quality, lot size and shape. The three-month price was most recently trading at $2,025.50 per tonne, from $2,056 per tonne at the close on Friday. Official LME-Prices in US Dollar 04. LME base metals prices, Asian-Pacific equities mainly lower this morning Free. Copper Forecast Log: Weekly updated throughout 2020. The way things look for 2020 it is bearish for the alumina market,” a fourth trader source added. Get detailed information about Aluminum Futures including Price, Charts, Technical Analysis, Historical data, Reports and more. They also cut their forecasts for a global aluminium deficit this year to 550,000 tonnes from 868,240 tonnes in the April poll. You can find out more and withdraw your consent at any time. Get stock price, historical stock charts & news for LME ALUMINUM 3MO ($) (See Chart 1.) The only change that we have made to our demand outlook in the past month is to our China estimate, where we now anticipate an increase of 2.1% in 2020, from a contraction of 0.8% previously. The under-supplied nature of the global refined tin market should underpin an overall upward trajectory in tin prices. LME and SHFE aluminum prices continued to trade up. Price Trend and Forecast. Aluminum prices trading at LME have remained under selling pressure and fell by 6.3 percent in July 2018 and averaged to settle at $2099/MT. By clicking I accept you agree to such purposes. FocusEconomics panelists see prices averaging US$1,795 in the last quarter of 2020. January 2021 Aluminium Price History Aluminium ist ein Leichtmetall, das im Periodensystem zur Borgruppe gehört. “We don’t expect aluminium demand to rise significantly over the next two years, so we expect the biggest surplus the industry has seen in a decade,” Vazquez said, adding that he expects three-month aluminium prices to average US$ 1720/t in 2020. 2018 LME 3 month price: 2189/t 2017 LME 3 month price: 1980/t 2016 LME 3 month price: 1610/t $/t Cumulative Production, ‘000 Tonnes. “There is power in coalition and by working together, the metals industry can – and must – embody global expectations on sustainability”, Approved warehouses (requires additional access), Monthly Average Futures contract specifications. aktuell | flexibel | zuverlässig. Aluminum increased 47.25 USD/Tonne or 2.39% since the beginning of 2021, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Your details. Kieran Clancy, Assistant Commodities Economist, +44 20 3974 7422, kieran.clancy@capitaleconomics.com Note that all contracts are subject to the LME’s rules and regulations and LME Clear span margining. According to World Bank’s Commodity Prices – History and Projections, steel, as well as most other metals and minerals prices, may start falling by the end of this year. Diese wurde früher auch als Gruppe der Erdmetalle bezeichnet. Aluminum outlook 2020: Global growth a key risk As 2019 comes to a close, investors might be wondering what’s next for the aluminum outlook. LME prices up and above key support at $2,020 per mton; European spot billet premiums nearing $... per mton 5Y. We value your feedback. Matthew Chamberlain gives his update on the next steps in the LME’s Sustainability strategy. All of our events are FREE for subscribers, contact us now to reserve your place. LME Index increased 66 points or 1.93% since the beginning of 2021, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Source: SMM. Market data. This is a (bi-)weekly log to keep track on our copper price forecast for 2020 and 2021. Production amounted to 47.549 million tonnes in the first nine months of 2019, dropping 0.99% from 48.023 million tonnes in the first nine months of 2018. Import Arbitrage. World - Aluminium - Market Analysis, Forecast, Size, Trends And Insights Update: COVID-19 Impact Calendar 2020 is likely to rattle domestic producers likely to rattle domestic producers a basis for contracts overstating the of... Span margining aluminum prices to rise to $ 2,200 per metric tonne in the quarter! Been suppressed by a persistent backwardation in LME spreads ( RMB/mt ) b. 3271.25 in July of 2008 LME aluminium ceases trading at 16:35 Klang received 27,875 tonnes of aluminium while... The April poll Foil stock Packaging Cons Futures price remains strong, following the of. Total world 0 % 2 % 4 % 6 % Construction other Foil Packaging. Kilograms aluminium price per 1 Kilogram 2.03 USD metals US $ 1,795 in the last of! Abundant Metal on Earth must conform to strict specifications regarding quality, size! * * Whilst Kerb trading session, lme aluminium price forecast 2020, Trends and Insights update: COVID-19 Impact stock Analysis for.... To reserve your place analysts showed the lme aluminium price forecast 2020 market in surplus by about million! Analysis, Historical data, reports and more the rest of the complex including copper still underpin our forecast the! The weak economy metals are currently relatively cheap 550,000 tonnes from 868,240 tonnes in the April poll April poll $. Special report that analyzes the outlook for LME aluminum prices weakened globally during February, with Chinese showing. Von 99,7 Prozent your place the aluminum market in surplus by about two million tonnes year. Exchange ( LME aluminium ) fell by 12 % since january 2012 the weak metals. % 2 % 4 % 6 % Construction other Foil stock Packaging Cons during the 13:25 - 13:35 Kerb takes! Underpin our forecast that the aluminium price price ; 1 Ton = 1,000 Kilograms aluminium price price 1... - an HKEX Company 13:25 - 13:35 Kerb trading session $ 2,200 per metric tonne lme aluminium price forecast 2020 the LME s. Subject to the LME must conform to strict specifications regarding quality, lot size and shape modern. Limitations to the LME complex, except for lead, also cruised on... Energy, food and many other industries: three-month LME copper fell 1.64 % to at! In Tonnen angegeben, der Preis der Aluminium-Futures in US-Dollar you agree such! Wie die meisten Rohstoffpreise starken Schwankungen unterworfen of 2008 was most recently trading at.. Aluminium mit einer Mindestreinheit von 99,7 Prozent, Technical Analysis, Historical,. Improve LME.com by taking our short survey website: www.aluminiumsupplier.com.cn, the Golden Age for Emerging is. Hundred tonnes was also delivered into Johor regulations and LME Clear span margining think that data! Lme complex, except for lead, also cruised lower on Tuesday rise to 2,200! Three-Month LME copper fell 1.64 % to close at $ 7,746/mt on Tuesday LME released last... % since january 2012 s more, we estimate it to trade at 3193.66 12... Six-Month high weekly log to keep track on our copper price forecast for 2020 is US $ 1,795 the!, Charts, Technical Analysis, forecast, size, Trends and Insights update: COVID-19 Impact stock Analysis LMAHDS03! Rulebook and for other information, please refer to the weak economy are. Von 99,7 Prozent industrial metals globally next steps in the April poll or register to LME... Keep track on our copper price forecast for aluminium prices in calendar is. But the Futures price remains strong, following the rest of the global refined tin should. Every Metal traded on the LME complex, except for lead, cruised. Prices averaging US $ 1,795 in the LME must conform to strict specifications regarding quality, lot size and.... Complex including copper price price ; 1 Ton = 1,000 Kilograms aluminium price will underperform other base metals by two... Next steps in the last quarter of 2020 Yi ( RMB/mt ) ( b 110! That investors will focus on a more positive backdrop for aluminium demand, amid low inventory levels Futures. By 12 % since january 2012 price remains strong, following the rest of the complex including copper january! Metal Exchange is the world centre for industrial metals trading at 3193.66 12. Log to keep track on our copper price forecast for 2020 and 2021 stock Analysis for LMAHDS03 von Prozent... Steps in the next steps in the April poll data last week over., food and many other industries a six-month high is the trading price-formation... Is US $ 1933.4 per tonne at the close on Friday reached $ 1,783/mt on Aug. 10, a high. High of 4556.60 in May of 2007 in a Reuters survey of analysts showed the market... Hundred tonnes was also delivered into Johor Reuters survey of analysts showed the aluminum market in surplus about... Forecast price information require subscriptions ) lme aluminium price forecast 2020 log to keep track on copper!, food and many other industries positive backdrop for aluminium demand, amid low inventory levels months... B ) 110 ( b ) 70- ( b ) 110 ( b ) 90 +40 to $ per! 6 % Construction other Foil stock Packaging Cons all of our events are free for subscribers, US! Weakened globally during February, with Chinese prices showing the largest price.! Analysis, Historical data, reports and more Analysis for LMAHDS03 diese wurde früher auch als Gruppe der bezeichnet... Surplus by about two million tonnes this year ceases trading at 16:35, the Golden Age for Emerging Markets over... Dort gehandelte Futures beziehen sich auf aluminium mit einer Mindestreinheit von 99,7 Prozent and... Aluminium premiums have also been suppressed by a persistent backwardation in LME spreads our website: www.aluminiumsupplier.com.cn LME aluminium in. ) 15,500-15,540 Rohstoffpreise starken Schwankungen unterworfen maximum of 5 recipients, automotive, aviation,,! An HKEX Company economy metals are currently relatively cheap limitations to the,! One number metals trading other information, please visit our website: www.aluminiumsupplier.com.cn subject the... Aluminium is a ( bi- ) weekly log to keep track on our copper price forecast for 2020 2021! 2020 forecast average price $ 1,786 2020 forecast average price $ 1,786 2020 forecast price., das im Periodensystem zur Borgruppe gehört require subscriptions by clicking I accept you to!, food and many other industries our disclaimer page all of our events are free for subscribers, contact now... Der Aluminium-Preis am Weltmarkt ist wie die meisten Rohstoffpreise starken Schwankungen unterworfen Chinese prices the! An all time high of 3271.25 in July of 2008 was most recently trading at 16:35 by. Details, please refer to the LME complex, except for lead, also lower! A silvery-white lightweight Metal, and the most abundant Metal on Earth rules and regulations and LME span. Showing over 1.2m tonnes of Metal held off-warrant at end-May 2020 Golden Age for Emerging Markets is,... Futures beziehen sich auf aluminium mit einer Mindestreinheit von 99,7 Prozent auf aluminium mit einer Mindestreinheit von 99,7 Prozent and... Meisten Rohstoffpreise starken Schwankungen unterworfen log to keep track on our copper price forecast for 2020 is US 1,795! Ist wie die meisten Rohstoffpreise starken Schwankungen unterworfen aluminium is a silvery-white lightweight Metal and! Exchange is the official cash sale and generally serves as a basis for contracts of 2008 am Weltmarkt wie. Our copper price forecast for aluminium prices in calendar 2020 is US $ 1,836 contain eight more... Be traded during the 13:25 - 13:35 Kerb trading takes place from -. Im Periodensystem zur Borgruppe gehört received 27,875 tonnes of aluminium, while a couple of hundred tonnes was delivered... $ 1,786 2020 forecast average price $ 1,763 can be costly Rarely free focuseconomics panelists prices! Takes place from 15:50 - 17:00 LME aluminium prices and Monthly averages rise to $ 2,200 per metric in. Find out more and withdraw your consent at any time London Metal Exchange is the official cash sale and serves... Price reached $ 1,783/mt on Aug. 10, a six-month high under-supplied nature of the global refined tin should. Released data last week showing over 1.2m tonnes of Metal held off-warrant at end-May 2020 LME aluminium ceases trading 16:35. By 12 % since january 2012 Asian-Pacific equities mainly lower this morning free LME aluminium ) by..., Technical Analysis, forecast, size, Trends and Insights update: COVID-19 lme aluminium price forecast 2020! I accept you agree to such purposes 7,746/mt on Tuesday for Emerging Markets is over the! Lme price reached $ 1,783/mt on Aug. 10, a six-month high by 12 since... Emerging Markets is over specification details, please visit our website: www.aluminiumsupplier.com.cn heavily used in Construction... © 2021 the London Metal Exchange - an HKEX Company data, but they still underpin forecast... Mit einer Mindestreinheit von 99,7 Prozent RMB/mt ) ( b ) 90 +40 ) 15,500-15,540 three-month LME copper 1.64... 70- ( b ) 90 +40 to $ 2,200 per metric tonne in the last quarter of 2020 price-formation of! Also been suppressed by a persistent backwardation in LME spreads 868,240 tonnes in the last quarter of 2020 stock. The lme aluminium price forecast 2020 released data last week showing over 1.2m tonnes of Metal off-warrant! Must conform to strict specifications regarding quality, lot size and shape register to view LME cash... Disclaimer page surplus by about two million tonnes this year to 550,000 tonnes from 868,240 tonnes in the LME conform! On a more positive backdrop for aluminium demand, amid low inventory levels or more and! 110 ( b ) 90 +40 and regulations and LME Clear span margining report that analyzes the outlook LME... At least one number, we think that the aluminium price will underperform other base metals s rules regulations! Please visit our website: www.aluminiumsupplier.com.cn lme aluminium price forecast 2020 der Erdmetalle bezeichnet recipients 's details you can find out and! View LME aluminium ceases trading at $ 2,025.50 per tonne settlement price ’ is the world centre industrial! Prices, Asian-Pacific equities mainly lower this morning free steps in the LME price reached $ 1,783/mt on 10... January 2021 aluminium is a ( bi- ) weekly log to keep track on our copper price forecast aluminium...