LME aluminium price closes the week with a rise of US$10.5/t; SHFE price falls to US$2648/t

On Friday, July 26, both LME aluminium cash bid price and LME aluminium official settlement price moved up by US$10.5 per tonne or 0.47 per cent to settle at US$2,228.50 per tonne and US$2,229 per tonne.  As per the LME data, 3-month bid price and 3-month offer price added US$13 per tonne or 0.57 per cent to clock at US$2,288 per tonne and US$2,289 per tonne.

December 25 bid price and December 25 offer price ascended by US$17 per tonne or 0.69 per cent to dock at US$2,447 per tonne and US$2,452 per tonne. LME aluminium opening stock came in at 943675 tonnes. Live warrants and Cancelled warrants stood at 362850 tonnes and 580825 tonnes.