What is the current LME for aluminum?
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What is the current LME for aluminum?
LME Aluminium Official Prices
| Contract | Bid | Offer |
|---|---|---|
| Cash | 2846.00 | 2848.00 |
| 3-month | 2841.00 | 2841.50 |
| Dec 22 | 2797.00 | 2802.00 |
| Dec 23 | 2625.00 | 2630.00 |
What is the price of Aluminium per kg?
Aluminium futures up on spot demand | News On the Multi Commodity Exchange, aluminium contracts for the August delivery gained Rs 1.15, or 0.56 per cent, to Rs 207.90 per kg in a business turnover of 3,267 lots.
What is the price of Aluminium?
Unit conversion for Aluminium Price Today
| Conversion | Aluminium Price | Price |
|---|---|---|
| 1 Ton = 1,000 Kilograms | Aluminium Price Per 1 Kilogram | 2.63 USD |
Is Aluminium a commodity?
Aluminium is an exchange commodity. However, contrary to popular misconception, in most cases this metal is not physically traded on the stock exchange. Over 90% of aluminium sales with physical delivery occur under direct contracts between the metal producers and buyers. Aluminium is an exchange commodity.
What is traded on LME?
The London Metal Exchange (LME) is a commodities exchange that deals in metals futures and options. The LME is a non-ferrous exchange, meaning the exchange does not trade iron and steel. Instead, tradable contracts include aluminum, copper, gold, silver, cobalt, and zinc.
What is Nasaac?
The NASAAC (North American Special Aluminium Alloy Contract) is an aluminium alloy contract that reflects the production and consumption of aluminium in North America.
What is Aluminium formula?
Formula and structure: The aluminium chemical formula is Al. The molar mass is 26.98g/mol. Metallic aluminium is found in its elemental form (elemental form is the most basic form, te one that is reflects on the periodic table) Al.
What is the price of recycled Aluminium?
The price for sorted, baled aluminum cans (often referred to as UBCs) moved up again, now at 81.13 cents per pound, compared with 77.50 cents last month. This material was trading at an average 45.75 cents per pound this time last year.
Why are aluminum prices rising?
The price of aluminium has reached a 13-year high due to the deepening energy crisis, which has squeezed supplies of the metal. ... Therefore, with energy prices rising significantly, the cost of producing aluminium has also spiked.
What is iron price?
The iron price is a concept in the culture of the ironborn, and their local religion of the Drowned God. Paying the iron price means seizing something from those one has defeated rather than paying or trading for it.
