LME aluminium price adds US$17/t to US$2,213/t; SHFE price moves up by US$3/t

As per the London Metal Exchange (LME) data, 3-month bid price and 3-month offer price added US$13 per tonne or 0.57 per cent to settle at US$2,261.50 per tonne and US$2,262 per tonne. On the same day, both December 24 bid price and December 24 offer price added US$10 per tonne or 0.42 per cent to halt at US$2,373 per tonne and US$2,378 per tonne.

LME aluminium opening stock came in at 504475 tonnes. Live warrants and Cancelled warrants settled at 270175 tonnes and 234300 tonnes. LME aluminium 3-month Asian Reference Price hiked by US$36.19 per tonne or 1.64 per cent to peg at US$2,242.096 per tonne.