On Thursday, November 2, both LME aluminium cash bid price and LME aluminium official settlement price dropped by US$12.5 per tonne or 0.56 per cent to clock at US$2,217.50 per tonne and US$2,218 per tonne.
As per the London Metal Exchange (LME) data, both the 3-month bid price and the 3-month offer price went down by US$4 per tonne or 0.17 per cent and US$3.5 per tonne or 0.15 per cent to clock at US$2,237 per tonne and US$2,238 per tonne.
December 24 bid price and December 24 offer price moved down by US$5 per tonne or 0.21 per cent to peg at US$2,350 per tonne and US$2,355 per tonne. LME aluminium opening stock halted at 470700 tonnes. Live warrants and Cancelled warrants settled at 203800 tonnes and 266900 tonnes.
LME aluminium 3-month Asian Reference Price dipped by US$5.8 per tonne or 0.25 per cent to halt at US$2,244.20 per tonne.
Production of LME deliverable KAS-branded aluminium at Kazakhstan’s Eurasian Resources Group has reached the four-million-tonnes milestone
