As per the London Metal Exchange (LME) data, both 3-month bid price and 3-month offer price hiked by US$11 per tonne or 0.49 per cent and US$11.5 per tonne or 0.51 per cent to halt at US$2,239 per tonne and US$2,240 per tonne.
December 24 bid price and December 24 offer price also ascended by US$10 per tonne and US$5 per tonne to clock at US$2,348 per tonne and US$2,353 per tonne. LME aluminium opening stock came in at 476875 tonnes. Live warrants and Cancelled warrants scored at 213525 tonnes and 263350 tonnes.
LME aluminium 3-month Asian Reference Price increased by US$11.65 per tonne or 0.52 per cent to peg at US$2,247.50 per tonne.
Alumina production dip at Hydro Alunorte refinery contributes to South America’s Q3 2024 output fall
SRG Global wins multi-year deals in mining and infrastructure, totalling A$700 million
