Industry News

LME aluminium benchmark price moves down by US$3/t; SHFE price dips to US$2775/t

Views : 77
Update time : 2024-06-28 16:36:15
The previous trading day, LME aluminium opened at US$2,500 per tonne, reached a high of US$2,513 per tonne, a low of US$2,491 per tonne, and closed at US$2,497 per tonne, down US$6 per tonne, a decrease of 0.24 per cent.

On Tuesday, June 25, both LME aluminium cash bid price and LME aluminium official settlement price moved down by US$3 per tonne or 0.12 per cent to settle at US$2,451 per tonne and US$2,451.50 per tonne.
 

3-month bid price and 3-month offer price dipped by US$7 per tonne or 0.27 per cent to dock at US$2,498 per tonne and US$2,499 per tonne.  LME aluminium opening stock came in at 1044325 tonnes. Live warrants and Cancelled warrants settled at 466500 tonnes and 577825 tonnes.

December 25 bid price and December 25 offer price descended by US$10 per tonne or 0.37 per cent to clock at US$2,640 per tonne and US$2,645 per tonne. LME aluminium 3-month Asian Reference Price settled at US$2,503.79 per tonne.

Related News
Read More >>
After steel and aluminum, Trump to impose tariffs on copper After steel and aluminum, Trump to impose tariffs on copper
Feb .28.2025
After steel and aluminum, Trump to impose tariffs on copper
Blastr Green Steel partners with Aurora Infrastructure for Finland plant Blastr Green Steel partners with Aurora Infrastructure for Finland plant
Feb .28.2025
Blastr Green Steel partners with Aurora Infrastructure for Finland plant
Steel Partners Holdings LP's 6.00% Cumulative Preferred Units Steel Partners Holdings LP's 6.00% Cumulative Preferred Units
Feb .28.2025
Steel Partners Holdings LP's 6.00% Cumulative Preferred Units
Oil prices advance despite concern over more US tariffs Oil prices advance despite concern over more US tariffs
Feb .28.2025
Oil prices advance despite concern over more US tariffs