On Friday, March 15, both LME aluminium cash bid price and LME aluminium official settlement price hiked by US$14 per tonne or 0.63 per cent and US$13 per tonne or 0.61 per cent to settle at US$2,218 per tonne and US$2,218.50 per tonne.
As per the data, both 3-month bid price and 3-month offer price grew by US$16 per tonne or 0.70 per cent and US$16.5 per tonne or 0.73 per tonne to arrive at US$2,270.50 per tonne and US$2,271.50 per tonne.
December 25 bid price and December 25 offer price ascended by US$17 per tonne to settle at US$2,480 per tonne and US$2,485 per tonne. On the same day, LME aluminium opening stock came in at 571775 tonnes. Live warrants and Cancelled warrants closed at 350650 tonnes and 221125 tonnes.
LME aluminium 3-month Asian Reference Price expanded by US$15.98 per tonne or 0.70 per cent to halt at US$2,271.19 per tonne.
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