The December 24 bid price and the December 24 offer price soared by US$65 per tonne or 2.82 per cent, stopping at US$2,363 per tonne and US$2,368 per tonne.
LME aluminium opening stock discarded 2,950 tonnes or 0.66 per cent, officially resting at 444,625 tonnes. Live warrants stood at 205,825 tonnes, slashing 5,700 tonnes or 2.69 per cent from it. Cancelled warrants halted at 238,800 tonnes, rising by 2,750 tonnes or 1.16 per cent.
LME aluminium 3-month Asian Reference Price clocked at US$2,205.87 per tonne, up US$34.73 per tonne or 1.6 per cent.
Production of LME deliverable KAS-branded aluminium at Kazakhstan’s Eurasian Resources Group has reached the four-million-tonnes milestone
