LME aluminium closed Tuesday's trading at US$ 2027.5/t; SHFE aluminium added 0.46%
Benchmark aluminium price on London Metal Exchange inched up by 0.7 per cent to come in at US$ 2027.5 per tonne on Tuesday, 5 January 2021, from US$ 2013.5 per tonne on 4 January 2021.
As of Tuesday January 5, LME aluminium cash (bid) price stands at US$ 2027.50per tonne, LME official settlement price stands at US$ 2027.50 per tonne; 3-months bid price stands at US$ 2032.50 per tonne, 3-months offer price is US$ 2032.50 per tonne; Dec 21 bid price stands at US$ 2094 per tonne, and Dec 21 offer price stands at US$ 2094 per tonne.
The LME aluminium opening stock stood at 1324500 tonnes. Live Warrants totalled 1187350 tonnes, and Cancelled Warrants were 137150 tonnes.
LME aluminium 3-months Asian Reference Price is hovering at US$ 2029.67per tonne.
SHFE Aluminium Price Trend
Benchmark aluminium price for SHFE stood at US$ 2417 per tonne on Wednesday, 6 January 2021.
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SHFE nonferrous metals all closed higher on Tuesday, 05 January 2021. SHFE aluminium advanced 0.46%. Aluminium fell 0.49% in overnight trading.
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