Industry News

LME aluminium benchmark price drops by US$7.5/t to US$2,144.5/t; SHFE price sheds US$10/t

Views : 139
Update time : 2023-10-25 16:55:55
LME aluminium opened at US$2181.5 per tonne on Monday, with its low and high at US$2162 per tonne and US$2189 per tonne, respectively, before closing at US$2176 per tonne, down 0.18 per cent.

On Monday, October 23, LME aluminium cash bid price and LME aluminium official settlement price dropped by US$7 per tonne or 0.32 per cent and US$7.5 per tonne or 0.34 per cent to score at US$2,144 per tonne and US$2,144.50 per tonne.

 

3-month bid price and 3-month offer price went down by US$5 per tonne and US$4 per tonne to clock at US$2,172 per tonne and US$2,174 per tonne. December 24 bid price and December 24 offer price descended by US$10 per tonne or 0.43 per cent to rest at US$2,293 per tonne and US$2,298 per tonne.

LME aluminium opening stock came in at 486450 tonnes. Live warrants and Cancelled warrants closed at 203525 tonnes and 282925 tonnes. LME aluminium 3-month Asian Reference Price decreased by US$4.74 per tonne or 0.21 per cent, stopping at US$2,168.94 per tonne.

Related News
Read More >>
Adaro Minerals subsidiary aims to launch aluminium smelter operations by December 2025 Adaro Minerals subsidiary aims to launch aluminium smelter operations by December 2025
Sep .22.2025
Adaro Minerals subsidiary aims to launch aluminium smelter operations by December 2025
LME aluminium benchmark price inches down by $3.5/t; Alumina price resides at $332.89/t LME aluminium benchmark price inches down by $3.5/t; Alumina price resides at $332.89/t
Sep .22.2025
LME aluminium benchmark price inches down by $3.5/t; Alumina price resides at $332.89/t
Asia struggles to catch up as Europe leads aluminium’s decarbonisation race Asia struggles to catch up as Europe leads aluminium’s decarbonisation race
Sep .22.2025
Asia struggles to catch up as Europe leads aluminium’s decarbonisation race
Former Alcoa site in Maryland to be transformed into Rowan’s data center hub Former Alcoa site in Maryland to be transformed into Rowan’s data center hub
Sep .22.2025
Former Alcoa site in Maryland to be transformed into Rowan’s data center hub