On Friday, November 17, LME aluminium cash bid price and LME aluminium official settlement price hiked by US$17.5 per tonne or 0.80 per cent to close at US$2,164.50 per tonne and US$2,165 per tonne.
London Metal Exchange graph displayed that the 3-month bid price and 3-month offer price dropped by US$16 per tonne or 0.72 per cent and US$16.5 per tonne or 0.74 per cent to halt at US$2,203 per tonne and US$2,203.50 per tonne.
December 24 bid price and December 24 offer price dipped by US$15 per tonne or 0.64 per cent to clock at US$2,318 per tonne and US$2,323 per tonne. LME aluminium opening stock came in at 481775 tonnes. Live warrants and Cancelled warrants closed at 212875 tonnes and 268900 tonnes.
LME aluminium 3-month Asian Reference Price also fell by US$17.5 per tonne or 0.78 per cent to reside at US$2,212.43 per tonne.
Alumina production dip at Hydro Alunorte refinery contributes to South America’s Q3 2024 output fall
SRG Global wins multi-year deals in mining and infrastructure, totalling A$700 million
