Adv
LANGUAGES
English
Hindi
Spanish
French
German
Chinese_Simplified
Chinese_Traditional
Japanese
Russian
Arabic
Portuguese
Bengali
Italian
Dutch
Greek
Korean
Turkish
Vietnamese
Hebrew
Polish
Ukrainian
Indonesian
Thai
Swedish
Romanian
Hungarian
Czech
Finnish
Danish
Filipino
Malay
Swahili
Tamil
Telugu
Gujarati
Marathi
Kannada
Malayalam
Punjabi
Urdu
08 SEPTEMBER 2023 AL CIRCLE

LME 3-month official price negates US$10/t; SHFE aluminium official price loses US$3/t with uneven market trends in September

EDITED BY : MAYURAKSHI GANGULY 2MINS READ

LME aluminium opened at US$2,193 per tonne on Thursday, with its high and low at US$2,199 per tonne and US$2,176.5 per tonne, respectively, before closing at US$2,196.5 per tonne.

LME 3-month official price negates US$10/t; SHFE aluminium official price loses US$3/t with uneven market trends in September

{alcircleadd}

London Metal Exchange's live price graph displayed that the 3-month official price has descended by US$10 per tonne or 0.45 per cent to close at US$2,196 per tonne on September 7. 

The December 23 official price has dipped by US$153.75 per tonne or 6.53 per cent to settle at US$2,201.25 per tonne.

LME aluminium opening stock recorded a slump of 925 tonnes or 0.18 per cent to arrive at 501,475 tonnes.

Live warrants stood at 232,400 tonnes, with an extensive rise of 5,800 tonnes or 2.56 per cent. Cancelled warrants settled at 269,075 tonnes, with 6,725 tonnes or 2.44 per cent being taken away from it. 

Heat Treatment

SHFE aluminium price

Today, on September 8, the Shanghai Futures Exchange (SHFE) aluminium benchmark price has lost US$3 per tonne or 0.11 per cent to settle at US$2,643 per tonne.

Overnight, the most-traded SHFE 2310 aluminium contract opened at RMB 19,175 per tonne, with the lowest and highest prices at RMB 19,110 per tonne and RMB 19,175 per tonne before closing at RMB 19,165 per tonne, down RMB 10 per tonne or 0.05 per cent from the previous trading day. 

SHFE 2307 aluminium added RMB 595 per tonne or 3.38 per cent to RMB 18,185 per tonne. The open interest fell 11,785 lots to 256,640 lots. 


Adv
Adv
Adv
Adv
Adv
Adv
Adv
EDITED BY : MAYURAKSHI GANGULY 2MINS READ

Responses

Adv
Adv
Adv
Loading...
Adv
Adv
Adv
Loading...
Reports VIEW ALL
Loading...
Loading...
Business Leads VIEW ON AL BIZ
Loading...
Adv
Adv
Would you like to be
featured with us?
Loading...

AL Circle: Aluminium Ecosystem App

A proud
ASI member
© 2026 AL Circle. All rights reserved. AL Circle is not responsible for content from external sources.