Trends - aluminium producer - Business Recorder

aluminium producer

Concerns about demand push aluminium to 4-month low

LONDON: Aluminium prices fell to four-month lows on Friday as concerns about demand created by a slowdown in...

Published 06 May, 2022 05:02pm

Markets

China demand angst hits aluminium prices

LONDON: Aluminium prices fell to their lowest in more than three weeks on Monday as COVID-19 lockdowns in top...

Published 11 Apr, 2022 05:42pm

Markets

Copper, aluminium bounce on tight supplies, China stimulus hopes

LONDON: Copper and aluminium prices rebounded on Friday after two days of declines, bolstered by tight supply, hopes...

Published 08 Apr, 2022 05:47pm

Markets

Aluminium erodes to lowest in three weeks on demand worries

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

Published 07 Apr, 2022 05:39pm

Markets

Aluminium heads for biggest quarterly gain since 1988

LONDON: Aluminium prices were on track to register their biggest quarterly gain since 1988 on Thursday, driven up by...

Published 31 Mar, 2022 05:17pm

Markets

Supply fears lift aluminium, nickel shows signs of normalising

LONDON: Aluminium prices rose on Tuesday as traders worried about supply shortages, while nickel began trading in...

Published 22 Mar, 2022 07:39pm

Markets

Aluminium prices jump on Russian supply worries

Aluminium prices rose on Monday after Australia's announcement to ban exports of alumina and aluminium ores to ...

Published 21 Mar, 2022 05:01pm

Markets

Aluminium gains on renewed Russia worries, nickel dives again

LONDON: Aluminium prices extended gains on Friday on renewed worries about supply from Russia after peace talks...

Published 18 Mar, 2022 06:05pm

Markets

LME aluminium slips amid diplomatic efforts to end Ukraine crisis

London aluminium prices slipped on Monday as diplomatic efforts to end the Russia-Ukraine conflict were stepped up,...

Published 14 Mar, 2022 12:09pm

Markets

Aluminium set for big weekly fall as prices whipsaw

LONDON: Aluminium rose on Friday but was down 10% this week amid heightened market volatility, after uncertainty...

Published 11 Mar, 2022 05:26pm

Markets

Aluminium recoils from peak after Russia energy excluded from sanctions

LONDON: Aluminium prices retreated on Friday from record levels on easing fears about power supply after Russia's...

Published 25 Feb, 2022 05:33pm

Markets

Aluminium rockets to record high on fears of disruptions to Russian supplies

JOHANNESBURG: Aluminium prices rallied to a record high on Thursday as Moscow's invasion of Ukraine sparked fears of...

Published 24 Feb, 2022 05:12pm

Markets

Rising inventories undermine aluminium prices

LONDON: Aluminium prices fell on Tuesday after inventories in London Metal Exchange-registered warehouses jumped,...

Published 14 Dec, 2021 04:42pm

Markets

London aluminium edges higher as stockpiles fall, demand recovers

Aluminium prices in London inched higher on Thursday, supported by falling warehouse inventories and improving...

Published 02 Dec, 2021 12:56pm

Markets

Aluminium gains as blast at China smelter fuels supply fears

LONDON: Aluminium prices climbed on Friday as an explosion at a smelter in China fuelled fears about tighter...

Published 19 Nov, 2021 05:54pm

Markets

Aluminium hits highest since 2008 as power shortages escalate

Benchmark aluminium on the London Metal Exchange (LME) was up 1.9% at $3,022.50 a tonne

Updated 11 Oct, 2021 06:53pm

Markets

Shortages help aluminium towards 13-year highs

Benchmark aluminium on the London Metal Exchange traded up 1.8% at $2,908 a tonne

Published 04 Oct, 2021 06:04pm

Markets

Industrial metals slip as caution rules ahead of inflation data

Benchmark copper on the London Metal Exchange (LME) was down 1.5% at $9,416 a tonne in official trading having fallen 1.3% on Monday

Updated 14 Sep, 2021 05:56pm

Markets

Aluminium advances on China supply fears

"If China is serious about good environmental outcomes and decarbonisation, then (aluminium) output will be slower," says analyst Nitesh Shah

Updated 08 Sep, 2021 06:09pm

Markets

Aluminium edges lower, but clings to 10-year high

Benchmark three-month aluminium on the London Metal Exchange shed 0.5% to $2,760 a tonne in official trading

Updated 07 Sep, 2021 05:50pm

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 rises to 10-year high as supply fears grow

Aluminium on the London Metal Exchange (LME) was up 0.6% at $2,705.50 a tonne after touching a peak of $2,734.50

Published 02 Sep, 2021 06:14pm

Markets

Aluminium prices lifted to 10-year high by China concern

The region is China's third-biggest producer of alumina, a primary product of aluminium, with output of 925,500 tonnes in July

Published 31 Aug, 2021 05:48pm

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

Aluminium streaks to three-year highs on Chinese power cuts

LME tin touches record high above $35,000 a tonne
Zinc also gains on Yunnan power cuts

Published 30 Jul, 2021 08:37pm

Markets

Copper prices slip on US inflation jitters

"The market still looking at clues to see what the Fed's temperature is with regards to rates," said Nitesh Shah.
The dollar edged lower but remained near a two-month high, still making copper which is priced in the US greenback less attractive to global buyers.

Published 24 Jun, 2021 04:36pm

Markets

Copper sell-off continues as prices hit 10-week low

Benchmark copper on the London Metal Exchange (LME) was down 0.4% at $9,108.50 a tonne.
The metal used in power and construction hit a record high of $10,474.50 in May. Prices fell 8.6% last week.

Published 21 Jun, 2021 05:05pm

Markets

Copper heads for its biggest weekly tumble since March 2020

Benchmark copper on the London Metal Exchange (LME) was down 0.8% at $9,238 a tonne.
The sell-off follows a remarkable rally, with the metal used in power and construction reaching a record high of $10,747.50 in May.

Published 18 Jun, 2021 05:28pm

Markets

China aluminium exports have likely peaked, CRU says

Now we're in a situation where Europe and the US have pretty comprehensive anti-dumping measures against Chinese imports and China is going out to the rest of the world and seeing if it can replace those markets.

Published 16 Jun, 2021 06:55pm

Gainers
Losers
Leaders

Stock	Price
Kohinoor Mills / Jun 8 Kohinoor Mills Limited(KML)	52.68 ▲ 3.68 (7.51%)
Colgate Palm / Jun 8 Colgate-Palmolive (Pakistan) Limited(COLG)	1801.55 ▲ 125.69 (7.50%)
Gatron Ind. / Jun 8 Gatron (Industries) Limited(GATI)	281.39 ▲ 19.63 (7.50%)
Indus Dyeing / Jun 8 Indus Dyeing & Manufacturing Co. Limited(IDYM)	137.66 ▲ 9.60 (7.50%)
Khyber Tobacco / Jun 8 Khyber Tobacco Company Limited(KHTC)	489.02 ▲ 34.12 (7.50%)
Shezan Inter. / Jun 8 Shezan International Limited(SHEZ)	115.92 ▲ 8.09 (7.50%)
Sunrays Textile / Jun 8 Sunrays Textile Mills Limited(SUTM)	123.63 ▲ 8.63 (7.50%)
Bunnys Limited / Jun 8 Bunnys Limited(BNL)	16.23 ▲ 1.13 (7.48%)
Hala Enterprise / Jun 8 Hala Enterprises Limited(HAEL)	6.40 ▲ 0.39 (6.49%)
Pak Gen.Ins. / Jun 8 The Pakistan General Insurance Co. Ltd.(PKGI)	6.49 ▲ 0.39 (6.39%)

Stock	Price
Century Paper / Jun 8 Century Paper & Board Mills Limited(CEPB)	31.50 ▼ -24.03 (-43.27%)
Unicap Modaraba / Jun 8 Unicap Modaraba(UCAPM)	1.23 ▼ -0.54 (-30.51%)
Mod. Al-Mali (R) / Jun 8 Modaraba Al-Mali R(MODAMR1)	0.45 ▼ -0.15 (-25.00%)
PICIC Ins.Ltd. / Jun 8 PICIC Insurance Limited(PIL)	0.59 ▼ -0.06 (-9.23%)
P.I.A.C.(A) / Jun 8 Pakistan International Airlines Corp(PIAA)	3.56 ▼ -0.32 (-8.25%)
J.K.Spinning / Jun 8 J.K. Spinning Mills Limited(JKSM)	42.78 ▼ -3.47 (-7.50%)
Philip Morris Pak. / Jun 8 Philip Morris (Pakistan) Limited(PMPK)	428.54 ▼ -34.74 (-7.50%)
Pakistan Services / Jun 8 Pakistan Services Limited(PSEL)	832.50 ▼ -67.50 (-7.50%)
Allawasaya Tex / Jun 8 Allawasaya Tex. & Finishing Mills Ltd(AWTX)	2988 ▼ -241.81 (-7.49%)
Bilal Fibres / Jun 8 Bilal Fibres Limited(BILF)	2.27 ▼ -0.17 (-6.97%)

Stock	Volume
WorldCall Telecom / Jun 8 Worldcall Telecom Limited(WTL)	79,599,537 ▼ -0.02
Unity Foods Ltd / Jun 8 Unity Foods Limited(UNITY)	20,601,563 ▲ 0.68
Telecard Limited / Jun 8 Telecard Limited(TELE)	16,584,665 ▼ -0.28
Pak Int.Bulk / Jun 8 Pakistan International Bulk Terminal(PIBTL)	15,416,500 ▼ -0.19
TPL Properties / Jun 8 TPL Properties Limited(TPLP)	13,452,835 ▲ 0.08
Pak Refinery / Jun 8 Pakistan Refinery Limited(PRL)	11,614,238 ▼ -0.21
Bankislami Pak. / Jun 8 BankIslami Pakistan Limited(BIPL)	11,156,759 ▼ -0.43
TRG Pak Ltd / Jun 8 TRG Pakistan Limited(TRG)	9,934,796 ▼ -2.49
Fauji Foods Ltd / Jun 8 Fauji Foods Limited(FFL)	9,822,229 ▲ 0.03
Ghani Glo Hol / Jun 8 Ghani Global Holdings Limited(GGL)	7,201,890 ▼ -0.24

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Jun 8	287.32
USD PKR Interbank Buying / Jun 8	287.12
USD to Japanese Yen / Jun 8	139.76
USD to Swiss Franc / Jun 8	0.91
Pound Sterling to USD / Jun 8	1.24
Euro to USD / Jun 8	1.07
UK LIBOR % / Jun 7	5.07

Stock	Volume
S&P 500 / Jun 7	4267.52
Nasdaq / Jun 7	13104.89
FTSE 100 / Jun 7	7624.34
Dow Jones / Jun 7	33665.02
Germany DAX 30 / Jun 7	15960.56
France CAC40 / Jun 7	7202.79
India Sensex / Jun 8	63203.02
Tokyo Nikkei / Jun 8	31605.11
Hang Seng / Jun 8	19177.52

Item	Value
Karachi Cotton PKR/37.32 KG / Jun 7	20235
Gold 10 Grams PKR / Jun 7	194873
Crude Oil USD/Barrel / Jun 8	72.32
Gold Spot USD/Ounce / Jun 8	1946.62
Cotton US¢/pound / Jun 8	81.37

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