On Wednesday, November 29, both LME aluminium cash bid price and LME aluminium official settlement price grew by US$13.5 per tonne or 0.62 per cent to halt at US$2,177.50 per tonne and US$2,178 per tonne.
As per the London Metal Exchange (LME) data, 3-month bid price and 3-month offer price added US$9.5 per tonne or 0.43 per cent to clock at US$2,217.50 per tonne and US$2,218.50 per tonne.
December 24 bid price and December 24 offer price increased by US$8 per tonne or 0.34 per cent to settle at US$2,333 per tonne and US$2,338 per tonne. LME aluminium opening stock came in at 464375 tonnes. Live warrants and Cancelled warrants reached 201525 tonnes and 262850 tonnes.
LME aluminium 3-month Asian Reference Price, on the other hand, fell by US$6.29 per tonne or 0.71 per cent to peg at US$2,208.71 per tonne.
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