Industry News

LME aluminium benchmark price gains US$22/t to US$2,335.50/t; SHFE market is closed for New Year

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Update time : 2024-01-02 17:02:34
On Friday, December 29, both LME aluminium cash bid price and LME aluminium official settlement price gained US$21.5 per tonne or 0.92 per cent and US$22 per tonne or 0.95 per cent to settle at US$2,334.50 per tonne and US$2,335.50 per tonne.
As per the London Metal Exchange (LME) data, 3-month bid price and 3-month offer price hiked by US$15 per tonne or 0.63 per cent to reside at US$2,381 per tonne and US$2,382 per tonne. December 24 bid price and December 24 offer price expanded by US$15 per tonne or 0.60 per cent to peg at US$2,495 per tonne and US$2,500 per tonne.
LME aluminium opening stock came in at 549050 tonnes. Live warrants and Cancelled warrants halted at 356125 tonnes and 192925 tonnes. LME aluminium 3-month Asian Reference Price dipped by US$2.17 per tonne to reach US$2,379.54 per tonne.
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