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 : 79
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 >>
Ukraine's steel production increases by 15.8% in 2024 Ukraine's steel production increases by 15.8% in 2024
Jan .17.2025
Ukraine's steel production increases by 15.8% in 2024
EU steel & aluminum industries urge stricter scrap export controls amid rising leakage EU steel & aluminum industries urge stricter scrap export controls amid rising leakage
Jan .17.2025
EU steel & aluminum industries urge stricter scrap export controls amid rising leakage
South Korea recommends provisional AD measure on Chinese stainless steel plates South Korea recommends provisional AD measure on Chinese stainless steel plates
Jan .17.2025
South Korea recommends provisional AD measure on Chinese stainless steel plates
LME records highest trading activity since 2015 as nickel & tin lead growth LME records highest trading activity since 2015 as nickel & tin lead growth
Jan .17.2025
LME records highest trading activity since 2015 as nickel & tin lead growth