Industry News

LME aluminium benchmark price falls by US$8.5/t; SHFE price adds US$2/t

Views : 68
Update time : 2024-09-05 16:05:00
On Tuesday, LME aluminium opened at US$2,424 per tonne, with a high of US$2,428.5 per tonne, a low of US$2,394 per tonne, and closed at US$2,415.5 per tonne, down US$8.5 per tonne, a decrease of 0.35 per cent.

As per the LME aluminium graph, on Tuesday, September 3, both the cash bid price and official settlement price dipped by US$8.5 per tonne or 0.35 per cent to stand at US$2,381.50 per tonne and US$2,382 per tonne.

On the same day, both 3-month bid price and 3-month offer price lost US$10.5 per tonne or 0.43 per cent to dock at US$2,404.50 per tonne and US$2,405 per tonne.  December 25 bid price and December 25 offer price descended by US$11 per tonne and US$16 per tonne to clock at US$2,527 per tonne and US$2,532 per tonne.

LME aluminium opening stock came in at 843925 tonnes. Live warrants and Cancelled warrants closed at 345300 tonnes and 498625 tonnes.

LME aluminium 3-month Asian Reference Price slumped by US$22.19 per tonne or 0.91 per cent to reach US$2,405.21 per tonne.

Related News
Read More >>
Turkey reports decrease in Jan-Apr wire rod exports & value Turkey reports decrease in Jan-Apr wire rod exports & value
Jun .06.2025
Turkey reports decrease in Jan-Apr wire rod exports & value
EGA expands solar aluminum supply to Hyundai Mobis EGA expands solar aluminum supply to Hyundai Mobis
Jun .06.2025
EGA expands solar aluminum supply to Hyundai Mobis
LME nickel rebounds above $15,500 level on market factors LME nickel rebounds above $15,500 level on market factors
Jun .06.2025
LME nickel rebounds above $15,500 level on market factors
Walsin Lihwa’s May revenue drops m-o-m, rises Walsin Lihwa’s May revenue drops m-o-m, rises
Jun .06.2025
Walsin Lihwa’s May revenue drops m-o-m, rises