Industry News

LME aluminium benchmark price gains US$17.5/t to US$2,258.50/t; SHFE price dips by US$5/t

Views : 125
Update time : 2023-11-10 19:31:19

LME aluminium opened at US$2273.5 per tonne on Wednesday, low and high at US$2262 per tonne and US$2279 per tonne, respectively, before closing at US$2264 per tonne, down US$17 per tonne or 0.07 per cent.
On Thursday, November 8, both LME aluminium cash bid price and LME aluminium official settlement price grew by US$17.5 per tonne or 0.78 per cent to clock at US$2,258 per tonne and US$2,258.50 per tonne.

3-month bid price and 3-month offer price grew by US$10 per tonne or 0.44 per cent to settle at US$2,273 per tonne and US$2,274 per tonne. December 24 bid price and December 24 offer price also moved up by US$10 per tonne or 0.42 per cent to peg at US$2,383 per tonne and US$2,388 per tonne.

LME aluminium opening stock came in at 461600 tonnes. Live warrants and Cancelled warrants clocked at 203800 tonnes and 257800 tonnes. LME aluminium 3-month Asian Reference Price increased by US$1.98 per tonne or 0.08 per cent to rest at US$2,271.50 per tonne.

Related News
Read More >>
China's primary aluminum imports decline, exports surge in May China's primary aluminum imports decline, exports surge in May
Jun .26.2025
China's primary aluminum imports decline, exports surge in May
Taiwan's Yusco expects environmental issues to drive stainless steel demand Taiwan's Yusco expects environmental issues to drive stainless steel demand
Jun .26.2025
Taiwan's Yusco expects environmental issues to drive stainless steel demand
LME nickel returns to $15,000 level on expected Fed interest rate cut LME nickel returns to $15,000 level on expected Fed interest rate cut
Jun .26.2025
LME nickel returns to $15,000 level on expected Fed interest rate cut
Fujian Tsingtuo Special Steel achieves global first in stainless plate manufacturing with three-hot integration mode Fujian Tsingtuo Special Steel achieves global first in stainless plate manufacturing with three-hot integration mode
Jun .26.2025
Fujian Tsingtuo Special Steel achieves global first in stainless plate manufacturing with three-hot integration mode