LME aluminium benchmark price moves up by US$5.5/t; SHFE price gains US21/t

LME aluminium opened at US$2,586 per tonne in the previous trading day, with its low and high at US$2,582 per tonne and US$2,623 per tonne, respectively, before closing at US$2,621 per tonne, up US$33 per tonne or 1.28 per cent.

On Friday, May 17, both LME aluminium cash bid price and LME aluminium official settlement price went up by US$6 per tonne or 0.23 per cent and US$5.5 per tonne or 0.21 per cent to clock at US$2,543.50 per tonne and US$2,544 per tonne.