Trends - aluminium imports - Business Recorder

aluminium imports

Falling inventories boost aluminium but surpluses lie ahead

LONDON: Aluminium rose on Tuesday, helped by a weakening dollar and a sharp fall in inventories available on the...

Published 20 Dec, 2022 07:09pm

Markets

China Nov aluminium imports fall amid rising domestic supply

BEIJING: China’s aluminium imports in November fell 35.7% from a year earlier as a result of mounting domestic...

Published 18 Dec, 2022 01:53pm

Markets

Aluminium sinks to lowest in three weeks on demand worries

LONDON: Aluminium prices sank to the lowest in three weeks on Thursday and other industrial metals also fell on...

Published 08 Apr, 2022 05:28am

Markets

Carbon brakes aluminium supply response to booming prices: Andy Home

LONDON: China, the world’s largest aluminium producer, is still running short of primary metal. The country...

Published 02 Dec, 2021 03:57am

Markets

Guinea turmoil pushes aluminium to 10-year high

Aluminium on the London Metal Exchange (LME) was up 1.1% at $2,757 a tonne
Prices are up about 40% this year.

Published 06 Sep, 2021 05:04pm

Markets

Aluminium prices lifted to 10-year high by China concerns

LONDON: Aluminium prices hit their highest in more than 10 years on Tuesday as smelters in top producer China faced...

Published 01 Sep, 2021 03:59am

Markets

China curbs propel aluminium prices to highest since April 2018

LONDON: Aluminium prices soared to their highest level in more than three years on Friday as worries about supplies...

Published 28 Aug, 2021 03:54am

Markets

China curbs propel aluminium to highest since April 2018

Aluminium traded up 1.4% at $2,655.5 a tonne in official rings
It's all to do with China and output curbs, which are mostly to do with cutting emissions, unusual in the summer months

Updated 27 Aug, 2021 06:23pm

Markets

Copper hits lowest in almost two months

LONDON: Copper prices slumped to their lowest in nearly two months on Wednesday after recent weak economic data...

Published 19 Aug, 2021 04:15am

Markets

Aluminium muscles higher on weak China supply, US shortages

There's a combination of different factors that will keep aluminium prices elevated and it's unlikely to be resolved very quickly

Published 17 Aug, 2021 04:37pm

Markets

Copper knocked by dollar's gains as Fed meeting in focus

Benchmark copper on the London Metal Exchange lost 0.7% to $9,737 per tonne
The bank's three-month, six-month and 12-month price target for copper is $10,500/t, $11,000/t and $11,500/t, respectively.

Published 27 Jul, 2021 06:28pm

Markets

Demand doubts and dollar dent copper sentiment

"China's economy and demand is slowing, the dollar isn't helping and Chinese authorities are intent on making sure the market understands what they want"

Published 19 Jul, 2021 05:54pm

Markets

Copper boosted by hopes for China stimulus as GDP disappoints

Benchmark three-month copper on the London Metal Exchange (LME) was up 0.4% at $9,383.50 a tonne in official trading.
China's primary aluminium output fell for a second straight month in June.

Published 15 Jul, 2021 05:41pm

Markets

China May aluminium output slips

BEIJING: China’s primary aluminium output fell slightly in May versus April, official data showed on Wednesday, as...

Published 20 Jun, 2021 03:39am

Markets

Aluminium extends rally on growing supply fears

Prices have rocketed 25% this year as commodities and equities markets surged and investors anticipate that a crackdown on polluting smelters in China will constrain supply.
Adding impetus was China saying it would "indefinitely" suspend all activity under a China-Australia Strategic Economic Dialogue, deepening a crisis in relations.

Published 06 May, 2021 08:56pm

Markets

Aluminium prices climb to 3-year high

LONDON: Aluminium prices climbed on Friday to three-year highs, fuelled by worries about supplies from top producer...

Published 24 Apr, 2021 03:21am

Markets

China's pollution clampdown drives aluminium to three-year peak

Benchmark aluminium on the London Metal Exchange was up 1% at $2,387 a tonne at 1121 GMT. Prices of the metal used widely in the transport, construction and packaging industries earlier touched $2,389, a gain of more than 20% since January.
Electricity, much of it from coal in China, can account for 30%-40% of aluminium smelting costs.

Published 23 Apr, 2021 05:35pm

Markets

Supply angst propels aluminium to multi-year high

Benchmark aluminium on the London Metal Exchange (LME) was up 1% at $2,315 a tonne.
Aluminium, which is used in transport, packaging and construction, earlier touched its highest since June 2018 at $2,323.50 to stand more than 15% up from the start of this year.

Published 14 Apr, 2021 04:51pm

Business & Finance

China aluminium giant Hongqiao to publish carbon goals this year, chairman says

Hongqiao affiliate Shandong Weiqiao Pioneering Group and state-owned rival Aluminum Corp of China in January issued a joint proposal on how the Chinese aluminium sector should reduce emissions.
"We hope to explore specific paths and methods for the low-carbon transformation of China's aluminium industry," he told the Forum, a high-level business gathering hosted by a foundation under the State Council, China's cabinet.

Published 20 Mar, 2021 09:35pm

Markets

China Jan-Feb aluminium output rises

SHANGHAI: China’s aluminium production rose 8.4% in the first two months of 2021 compared with the same period ...

Published 16 Mar, 2021 04:43am

Markets

Aluminium gains on concern about Chinese supply

Three-month aluminium on the London Metal Exchange was up 0.3% at $2,219 a tonne.
Decarbonisation and moving to the carbon neutral target will be a key focus at the two sessions in Beijing this week so that's why aluminium and steel would be in the spotlight because they are energy intensive industries.

Published 03 Mar, 2021 06:00pm

Markets

Aluminium producer Norsk Hydro sued by Brazilian group over alleged pollution

The lawsuit is brought by a group of communities who live in the lower Amazon region in the Brazilian state of Para.
Hydro has three installations in Para: Paragominas, a bauxite mine; Alunorte, a refinery where the bauxite is transformed into alumina; and Albras.

Published 09 Feb, 2021 05:27pm

Markets

Aluminium hits two-month low as inventories, output climbs

In the short term, you have those inventory rises from both markets, China and ex-China.
The stock gains in China were expected ahead of the Lunar New Year holiday, which kicks off in mid-February, Yao added.

Published 19 Jan, 2021 06:23pm

Markets

LME copper eases, but hovers near multi-year high on demand recovery hopes

The most-traded copper contract on the Shanghai Futures Exchange rose 0.7% to 58,110 yuan ($8,892.26) a tonne.

Published 24 Dec, 2020 10:02am

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jul 26	278.40
USD PKR Interbank Buying / Jul 26	278.20
USD to Japanese Yen / Jul 26	153.77
USD to Swiss Franc / Jul 26	0.88
Pound Sterling to USD / Jul 26	1.29
Euro to USD / Jul 26	1.09

Stock	Volume
S&P 500 / Jul 25	5,399.22
Nasdaq / Jul 25	17,181.72
Dow Jones / Jul 25	39,935.07
India Sensex / Jul 26	80,709.64
Tokyo Nikkei / Jul 26	37,865.35
Hang Seng / Jul 26	17,058.55
FTSE 100 / Jul 26	8,255.78
Germany DAX 30 / Jul 26	18,346.62

Item	Value
Crude Oil USD/Barrel / Jul 26	78.38
Karachi Cotton PKR/37.32 KG / Jul 26	17,035
Gold 10 Grams PKR / Jul 26	215,621
Gold Spot USD/Ounce / Jul 26	2,374.19
Cotton US¢/pound / Jul 26	68.62
Petrol/Litre / Jul 27	275.60

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Jul 27 786 Investments Limited(786)	5 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Jul 27 Al-Abbas Sugar Mills Limited(AABS)	585 ▼ 0.00 (0.00%)
Agro Allianz / Jul 27 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Jul 27 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Jul 27 Ali Asghar Textile Mills Limited(AATM)	2.07 ▼ 0.00 (0.00%)
Allied Bank / Jul 27 Allied Bank Limited(ABL)	87.10 ▼ 0.00 (0.00%)
Abbott Lab. / Jul 27 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▼ 0.00 (0.00%)
Abson Ind. / Jul 27 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Jul 27 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Jul 27 786 Investments Limited(786)	5 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Jul 27 Al-Abbas Sugar Mills Limited(AABS)	585 ▲ 0.00 (0.00%)
Agro Allianz / Jul 27 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Jul 27 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Jul 27 Ali Asghar Textile Mills Limited(AATM)	2.07 ▲ 0.00 (0.00%)
Allied Bank / Jul 27 Allied Bank Limited(ABL)	87.10 ▲ 0.00 (0.00%)
Abbott Lab. / Jul 27 Abbott Laboratories (Pakistan) Limited(ABOT)	499.34 ▲ 0.00 (0.00%)
Abson Ind. / Jul 27 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Jul 27 Alfalah Consumer Index ETF.(ACIETF)	9.84 ▲ 0.00 (0.00%)

Stock	Volume
P.I.A.C.(A) / Jul 27 Pakistan International Airlines Corp(PIAA)	47,200,500 ▲ 0.00
Cnergyico PK / Jul 27 Cnergyico PK Limited(CNERGY)	29,719,327 ▲ 0.00
Pak Petroleum / Jul 27 Pakistan Petroleum Limited(PPL)	21,170,581 ▲ 0.00
Pak Refinery / Jul 27 Pakistan Refinery Limited(PRL)	16,965,134 ▲ 0.00
The Searle Co. / Jul 27 The Searle Company Limited(SEARL)	15,793,227 ▲ 0.00
P.T.C.L. / Jul 27 Pakistan Telecommunication Company Ltd(PTC)	15,054,641 ▲ 0.00
K-Electric Ltd. / Jul 27 K-Electric Limited(KEL)	14,145,556 ▲ 0.00
WorldCall Telecom / Jul 27 Worldcall Telecom Limited(WTL)	13,158,668 ▲ 0.00
Telecard Limited / Jul 27 Telecard Limited(TELE)	12,358,668 ▲ 0.00

Markets →

Calculate your monthly liability in FY24

aluminium imports

Most Popular