On Friday, October 3, the London Metal Exchange (LME) aluminium cash bid price rose by USD 2.5 per tonne or 0.1 per cent, up from USD 2,699.5 per tonne to USD 2,702 per tonne. The LME aluminium official settlement price added USD 3 per tonne or 0.11 per cent to halt at USD 2,703 per tonne, up from USD 2,700 per tonne.
The LME 3-month bid price gained by USD 1.5 per tonne or 0.06 per cent, halting at USD 2,703 per tonne. On the other hand, the 3-month offer price showed no change from the previous day and remained at USD 2,705 per tonne.
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December 26 bid price and December 26 offer price went up by USD 3 per tonne or 0.11 per cent to clock at USD 2,743 per tonne and USD 2,748 per tonne.
LME aluminium 3-month Asian Reference Price inched up by USD 17 per tonne or 0.63 per cent to stand at USD 2,709.5 per tonne, up from USD 2,692.50 per tonne.
LME aluminium opening stock gained 1,375 tonnes to come in at 509,800 tonnes. Live warrants also went up by 3,050 tonnes or 0.74 per cent and finally came to 415,725 tonnes. Cancelled warrants inched down by 1,675 tonnes or 1.8 per cent and finally reached 94,075 tonnes.
Alumina price remained unchanged at USD 321 tonne.
To know more about the global primary aluminium industry 2025 outlook, read “Global Aluminium Industry Outlook 2025”
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