
LME aluminium opened at US$2261.5 per tonne on Thursday, with its low and high at US$2233 per tonne and US$2266 per tonne respectively before closing at US$2238 per tonne, down US$26 per tonne, or a decrease of 1.13 per cent.
{alcircleadd}The LME aluminium live price chart, on November 9 marked an overall slump in aluminium prices, with the LME aluminium cash bid price and the LME aluminium official price dropping US$31 per tonne or 1.37 per cent and US$30.50 per tonne or 1.35 per cent to officially close at US$2,227 per tonne and US$2,228 per tonne.
London Metal Exchange graph displayed that the 3-month bid price and the 3-month offer price tumbled by US$37 per tonne or 1.63 per cent and US$37.50 per tonne or 1.65 per cent to stop at US$2,236 per tonne and US$2,236.50 per tonne, respectively.
The December 24 bid price and the December 24 offer price have dived by US$35 per tonne or 1.46 per cent, settling at US$2,348 per tonne and US$2,353 per tonne.
LME aluminium opening stock experienced a plunge of 2,500 tonnes or 0.54 per cent, arriving at 459,100 tonnes. Live warrants stood at 203,800 tonnes, with no recorded alteration. Cancelled warrants halted at 255,300 tonnes, shedding 2,500 tonnes or 0.97 per cent.
LME aluminium 3-month Asian Reference Price stopped at US$2,250 per tonne, down US$21.50 per tonne or 0.95 per cent.
SHFE aluminium price
On November 10, today, the Shanghai Futures Exchange (SHFE) aluminium price chart displayed a decline in aluminium prices, with the official SHFE price halting at US$2,632 per tonne, following US$12 per tonne or 0.45 per cent fall.
The most-traded SHFE 2312 aluminium contract opened at RMB 19105 per tonne overnight, with its low and high at RMB 19205 per tonne and RMB 19190 per tonne before closing at RMB 19145 per tonne, down RMB 5 per tonne.
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.
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