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
21 JANUARY 2021 AL CIRCLE

LME aluminium benchmark price climbed 1.26% to clock at US$1976/t; SHFE gained US$28/t to settle at US$2299/t

EDITED BY : DEBANJALI SENGUPTA 2MINS READ

The LME complex rose across the board on Wednesday, with aluminium climbed 0.79 per cent. Benchmark aluminium price on the London Metal Exchange grew by 1.26 per cent to close at US$ 1976 per tonne on January 20.

LME aluminium benchmark price climbed 1.26% to clock at US$1976/t; SHFE gained US$28/t to settle at US$2299/t

{alcircleadd}

LME aluminium cash (bid) price and LME official settlement price increased to US$ 1976 per tonne from US$ 1951.50 per tonne on January 20, following three consecutive days of decline. 3-months bid price and 3-months offer price stood at US$ 1977 per tonne, up by US$ 19 per tonne from US$ 1958 per tonne on January 19. Dec 21 bid price and Dec 21 offer price hovered around US$ 2055 per tonne.

The LME aluminium opening stock remained almost flat at 1417050 tonnes. Live Warrants totalled 1286575 tonnes, while Cancelled Warrants stood at 130475 tonnes.

LME aluminium 3-months Asian Reference Price came in at US$ 1983.16 per tonne.

Aluminium Industry Recap: 2020

SHFE Aluminium Price Trend

Benchmark aluminium price for SHFE rose to US$ 2299 per tonne on Thursday, January 21, after two days of decline in a row from US$ 2317 per tonne to US$ 2271 per tonne during January 18-20, 2021.

The most-traded SHFE 2103 aluminium contract shed 0.13 per cent to close the day at RMB 14,805 per tonne. Inventories of aluminium ingots are likely to continue to rise as consumption has weakened as it approaches the Chinese New Year holiday.

Tagged with:

Price Aluminium LME Inventory

Adv
Adv
Adv
Adv
Adv
Adv
Adv
EDITED BY : DEBANJALI SENGUPTA 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.