Industry News

LME aluminium price graph nosedives US$444.50/t Y-o-Y to US$2158.5/t; SHFE sheds 4.29%

Views : 220
Update time : 2024-01-19 17:26:59
LME aluminium opened at US$2,201.5 per tonne on Tuesday, with high and low at US$2,217.5 per tonne and US$2,195 per tonne, respectively, before closing at US$2,214 per tonne, a drop of US$1.5 per tonne or 0.07 per cent.
On January 16, the London Metal Exchange price chart displayed an ascending aluminium price trend, with the LME aluminium cash bid price officiating at US$2,158 per tonne and the LME aluminium official settlement price closing at US$2,158.50 per tonne, with a slight rise of US$5.50 per tonne or 0.25 per cent.
Related News
Read More >>
Rising oil prices pressure Vietnam’s inflation control targets Rising oil prices pressure Vietnam’s inflation control targets
Mar .24.2026
Rising oil prices pressure Vietnam’s inflation control targets
South Africa raises AD duties on structural steel from China & Thailand South Africa raises AD duties on structural steel from China & Thailand
Mar .24.2026
South Africa raises AD duties on structural steel from China & Thailand
Rise and fall in LME aluminium: cash climbs to $3,329/t, stocks slip nearly 1% Rise and fall in LME aluminium: cash climbs to $3,329/t, stocks slip nearly 1%
Mar .24.2026
Rise and fall in LME aluminium: cash climbs to $3,329/t, stocks slip nearly 1%
Macro geopolitical risks have yet to subside, and aluminium prices have maintained a fluctuating pattern Macro geopolitical risks have yet to subside, and aluminium prices have maintained a fluctuating pattern
Mar .24.2026
Macro geopolitical risks have yet to subside, and aluminium prices have maintained a fluctuating pattern