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 FEBRUARY 2022 AL CIRCLE

LME aluminium benchmark price soars 2% to settle at US$3148/t; SHFE price exceeds US$3500/t level

EDITED BY : DEBANJALI SENGUPTA 2MINS READ

Three-month LME aluminium opened at US$3,090 per tonne and rose 1.52 per cent to close at US$3,134 per tonne on Monday, January 7.

LME aluminium benchmark price soars 2% to settle at US$3148/t; SHFE price exceeds US$3500/t level

{alcircleadd}

On the same day, LME aluminium cash (bid) price and LME aluminium official settlement price soared up by US$61 per tonne or 1.98 per cent to settle at US$3,147.50 per tonne and US$3,148 per tonne, respectively. 3-month bid price and 3-month offer price surged by US$47.50 per tonne and US$46 per tonne to come in at US$3,110.50 per tonne and US$3,111 per tonne. December 23 bid price and December 23 offer price also scored higher at US$2,848 per tonne and US$2,853 per tonne.

LME aluminium opening stock continued to decrease to 768250 tonnes. Live warrants and Cancelled warrants recorded at 413725 tonnes and 354525 tonnes.

LME aluminium 3-month Asian Reference Price totalled at US$3,126.37 per tonne.

AlCircle Expo 2022

SHFE aluminium price

On Tuesday, January 8, the benchmark aluminium price for SHFE moved up by US$25 per tonne to exceed US$3,500 per tonne level. The price is currently standing at US$3,513 per tonne.

The most-traded SHFE 2203 aluminium closed up 3.03 per cent or RMB 655 per tonne to RMB 22,290 per tonne, with open interest up 3811 lots to 207118 lots.

The most-active SHFE 2203 aluminium contract opened at RMB 22,250 per tonne and decreased 0.25 per cent to end at RMB 22,115 per tonne last night.

Tagged with:

Price LME Aluminium futures

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.