LME aluminium closed Wednesday’s trading at US$ 2070.5/; SHFE closed for Chinese New Year holiday
Benchmark aluminium price on London Metal Exchange rose 1.22 per cent to US$ 2070.5 per tonne on Wednesday, February 10, from US$ 2045.5 per tonne on Tuesday.
As of Wednesday, February 10, LME aluminium cash (bid) price stands at US$ 2070.50per tonne, LME official settlement price stands at US$ 2070.50per tonne; 3-months bid price stands at US$ 2073 per tonne, 3-months offer price is US$ 2073 per tonne; Dec 21 bid price stands at US$ 2128 per tonne, and Dec 21 offer price stands at US$ 2128 per tonne.
The LME aluminium opening stock stood at 1389975 tonnes. Live Warrants totalled 1170100tonnes, and Cancelled Warrants were 219875 tonnes.
LME aluminium 3-months Asian Reference Price is hovering at US$ 2070.83 per tonne.
SHFE Aluminium Price Trend
China market is closed for the Chinese New Year holidays. The market will reopen on Thursday,18 February 2021.
China’s aluminium price grows by RMB 30/t; Aluminium alloy (ADC12) price stands at RMB 17100/t
Next articleChina’s primary aluminium production grows 1.22% M-o-M and 8.14% Y-o-Y to 3.32MT in January
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