Industry News

LME aluminium price loses 0.25% reaching US$2200/t mark; SHFE expands by US$6/t

Views : 70
Update time : 2024-01-11 15:31:09
LME aluminium opened at US$2,239 per tonne on Tuesday, with its high and low at US$2,257.5 per tonne and US$2,227 per tonne respectively before closing at US$2,242 per tonne, an increase of US$5 per tonne or 0.22 per cent.
On January 9, the London Metal Exchange price chart marked a slump in aluminium prices, with the LME aluminium cash bid price stopping at US$2,199 per tonne and the LME aluminium official settlement price closing at US$2,200 per tonne, with a loss of US$6 per tonne or 0.27 per cent and US$5.50 per tonne or 0.25 per cent.

The 3-month bid price and the 3-month offer price have both plunged by US$6 per tonne or 0.27 per cent to anchor at US$2,246 per tonne and US$2,247 per tonne, respectively.

The 25 December bid price and the 25 December offer price have refrained from any change stopping at US$2,508 per tonne and US$2,513 per tonne.

Related News
Read More >>
EMR’s low-carbon aluminium project secures £3.4M funding from APC EMR’s low-carbon aluminium project secures £3.4M funding from APC
Nov .19.2024
EMR’s low-carbon aluminium project secures £3.4M funding from APC
China’s alumina price expands by 22.55% M-o-M, arriving at RMB5646/t; A00 aluminium ingot price adds RMB10/t China’s alumina price expands by 22.55% M-o-M, arriving at RMB5646/t; A00 aluminium ingot price adds RMB10/t
Nov .19.2024
China’s alumina price expands by 22.55% M-o-M, arriving at RMB5646/t; A00 aluminium ingot price adds RMB10/t
Push to safety: Reynaers Aluminium unveils new panic hardware options for its Vision 7 thermal door Push to safety: Reynaers Aluminium unveils new panic hardware options for its Vision 7 thermal door
Nov .19.2024
Push to safety: Reynaers Aluminium unveils new panic hardware options for its Vision 7 thermal door
China’s tax policy reforms propel mining gains; USD strength could pose risks China’s tax policy reforms propel mining gains; USD strength could pose risks
Nov .19.2024
China’s tax policy reforms propel mining gains; USD strength could pose risks