Both the LME cash bid and offer trended up by USD 11 per tonne or 0.4 per cent and each settled at USD 2,776 per tonne and USD 2,776.5 per tonne.
At the 3-month bid and offer, the bid inched up by USD 16.5 per tonne or 0.6 per cent at USD 2,807.5 per tonne. Concurrently, the offer moved up by USD 16 per tonne or 0.57 per cent and reached USD 2,808 per tonne.
Forward values also moved up, where both the December 26 bid and offer climbed USD 17 per tonne or 0.6 per cent and settled at USD 2,845 per tonne and USD 2,850 per tonne, respectively.
The LME aluminium 3-month Asian Reference Price on November 22 saw a significant increase by USD 192.5 per tonne or 7.3 per cent, up from USD 2,619.50 per tonne to USD 2,812 per tonne.
At the stock front, the opening stock fell by 2,050 tonnes or 0.4 per cent, from 548,000 tonnes to 545,950 tonnes. Live warrant subdued by USD 6,625 tonnes or 1.4 per cent and is currently at 484,100 tonnes.
On the other hand, the cancelled warrant moved from 57,275 tonnes on November 21 to 61,850 tonnes, showing an increase of 4,575 tonnes or 8 per cent.
At the same time, LME alumina Platts was assessed at USD 319.15 per tonne.
