3-month bid price and 3-month offer price gained US$58 per tonne or 2.65 per cent and US$58.5 per tonne or 2.67 per cent to peg at US$2,243 per tonne and US$2,244 per tonne. December 25 bid price and December 25 offer price hiked by US$47 per tonne to peg at US$2,480 per tonne and US$2,485 per tonne.
LME aluminium opening stock came in at 546325 tonnes. Live warrants and Cancelled warrants settled at 338475 tonnes and 207850 tonnes. LME aluminium 3-month Asian Reference Price surged by US$76.62 per tonne or 3.52 per cent to peg at US$2,247.66 per tonne.
EMR’s low-carbon aluminium project secures £3.4M funding from APC
China’s tax policy reforms propel mining gains; USD strength could pose risks
