LIVE FUTURES REPORT 11/03: 330kt of aluminium warranted in Port Klang; LME prices up on Dow record high

March 12, 2021 / www.metalbulletin.com / Article Link

Over 300,000 tonnes of aluminium were delivered into London Metal Exchange warehouses in Port Klang on Thursday March 11, while price gains wereplentiful for all base metals due to a record-setting Dow Jones index.

A total of 332,975 tonnes of aluminium was delivered into Port Klang. The delivery was a combination of ingots, sows and t-bars - with 69% of the delivery in ingots. It is the biggest inflow of material since mid January, when over 112,000 tonnes of aluminium made their way into warehouses across Asia. 
"It could mean the spreads will widen significantly," a trader said. "But it is going to be an interesting day."

The spreads are yet to majorly react with the benchmark aluminium cash/three-month spread at...

Recent News

A shift to the later stages of gold and silver bull markets

October 27, 2025 / www.canadianminingreport.com

Gold stocks plunge on metal drop

October 27, 2025 / www.canadianminingreport.com

Gold stocks still up after pullback late in the week

October 20, 2025 / www.canadianminingreport.com

US regional bank slump goes global, driving market into gold

October 20, 2025 / www.canadianminingreport.com

Gold stocks weaker but outperform slump in other sectors

October 13, 2025 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok