3-month bid price and 3-month offer price moved up by US$1 per tonne or 0.04 per cent and US$1.5 per tonne or 0.06 per cent to halt at US$2,220 per tonne and US$2,221 per tonne. As per the London Metal Exchange (LME) price graph, December 25 bid price and December 25 offer price added US$5 per tonne or 0.20 per cent to clock at US$2,450 per tonne and US$2,455 per tonne.
On the same day, LME aluminium opening stock came in at 526750 tonnes. Live warrants and Cancelled warrants arrived at 318600 tonnes and 208150 tonnes. LME aluminium 3-month Asian Reference Price dropped by US$17.58 per tonne or 0.78 per cent to peg at US$2,213.44 per tonne.
Production of LME deliverable KAS-branded aluminium at Kazakhstan’s Eurasian Resources Group has reached the four-million-tonnes milestone
