For the December 26 contract, the bid price came in at USD 2,980 per tonne on December 29 versus USD 2,982 per tonne on December 24 - a fall of nearly 0.07 per cent. The offer was USD 2,985 per tonne on December 29, compared with USD 2,987 per tonne previously, also down close to 0.07 per cent.
The LME aluminium 3-month Asian Reference Price on December 29 stood at USD 2,952 per tonne.
Inventory data indicated shifting positioning. On December 29, LME aluminium opening stock was reported at 479,675 tonnes, down from 521,050 tonnes on December 24 - a drop of about 7.94 per cent. Live warrants increased to 465,450 tonnes from 447,825 tonnes, up roughly 3.94 per cent, while cancelled warrants fell sharply to 14,225 tonnes from 73,225 tonnes, a decrease of about 80.56 per cent.
Separately, LME alumina Platts price stood at USD 310.32 per tonne.
