The Aluminum Monthly Metals Index (MMI) fell 8.8% this month. Looking for metal price forecasting and data analysis in one easy-to-use platform? Inquire about MetalMiner Insights today!
Tag: Aluminum MMI
Aluminum MMI: Demand weakness leads to further price deterioration
The Aluminum Monthly Metals Index (MMI) dropped three points once again, falling to 80 this month. Request a 30-minute demo of the MetalMiner Insights platform now. After holding sideways for most of February, LME aluminum prices once again grew weaker later in the month. Prices hit new short-term lows as of early March.
Aluminum MMI: Demand uncertainty weighs on aluminum prices
The Aluminum Monthly Metals Index (MMI) reversed last month’s three-point increase with a three-point decline back to 83. LME aluminum price dynamics switched late in January, with a precipitous drop setting prices down to a new short-term low.
Aluminum MMI: Index bounces back after last month’s three-year low
The Aluminum Monthly Metals Index (MMI) bounced off last month’s three-year low with a three-point increase to 86. All prices in the index increased by more than 3%. LME aluminum prices increased in December and surpassed $1,830/mt in early January. Now analysts are watching to see if lackluster demand will allow recent increases to stick.
Aluminum MMI: Index near three-year low; demand remains constrained
The Aluminum Monthly Metals Index (MMI) held relatively flat this month, with a one-point increase to 83, as the majority of prices in the index showed mild increases. LME aluminum prices generally moved sideways during November and were unable to generate strong upward price momentum due to slower recent economic growth rates and uncertainty over […]
Aluminum MMI: Chinese, LME Price Declines Drag Down the Index
The Aluminum Monthly Metals Index (MMI) dropped by one point again this month, this month down to an MMI reading of 82. However, rather than universal price weakness like last month, price declines in China pulled the index down (along with a milder drop in LME prices). All other prices in the index increased, although […]
Aluminum MMI: Global Demand Weakness Leads to Index Decline
The Aluminum Monthly Metals Index (MMI) dropped again this month, falling by one point to 83. All but one of the prices tracked for the index dropped this month, with India’s primary cash price showing the biggest drop at 4.4%, followed by the LME primary 3-month price (down by 3.4%). Lower your aluminum spend – […]
Aluminum MMI: Global Demand Weakness Pulls the Index Back
The Aluminum Monthly Metals Index (MMI) dropped two points this month to 84. Most of the prices tracked for the index dropped this month, with European prices dropping the most (by close to 7.5%). Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook LME aluminum prices fared best of all of […]
Aluminum MMI: Falling Chinese Prices Offset by Strong Prices in ROW
The Aluminum Monthly Metals Index (MMI) held steady at 86 this month based on mixed price movements. While prices in China dropped in the 1% to 2% range, all other prices in the Aluminum MMI basket rose slightly. Buying Aluminum in 2019? Download MetalMiner’s free annual price outlook LME aluminum prices continued to fall into […]
Aluminum MMI: Tight Aluminum Supplies Stave Off Further Price Drops For Now
This month the Aluminum Monthly Metals Index (MMI) decreased, with weakness coming from all the prices tracked globally. The index value dropped back two points to 86, back to February levels after holding at 88 for three months. Need buying strategies for steel? Request your two-month free trial of MetalMiner’s Outlook LME aluminum prices occasionally […]
