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.
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