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
06 MAY 2020 AL CIRCLE

LME aluminium closed yesterday's trading slightly higher; SHFE opened higher after the Labour Day holiday

EDITED BY : HEENA IQBAL 1MINS READ

The US dollar increased on Tuesday. LME base metals rose across the board on Tuesday. LME aluminium increased 0.37%. SHFE aluminium opened higher on Wednesday as trading resumed from the five-day Labour Day holiday. SHFE aluminium rose more than 1%.

Three-month LME aluminium stood higher on Tuesday with support from an extended rally in oil futures and improved demand outlook.

{alcircleadd}

aluminium

As of Tuesday, May 5, LME aluminium cash (bid) price stands at US$ 1438.50 per tonne, LME official settlement price stands at US$ 1438.50 per tonne; 3-months bid price stands at US$ 1479.50 per tonne, 3-months offer price is US$ 1479.50 per tonne; Dec 21 bid price stands at US$ 1604.50 per tonne, and Dec 21 offer price stands at US$ 1604.50 per tonne.

The LME aluminium opening stock stood at 1355025 tonnes. Live Warrants totalled 1180650 tonnes, and Cancelled Warrants were 174375 tonnes.

LME aluminium 3-months Asian Reference Price is hovering at US$ 1482.16 per tonne.

SHFE Aluminium Price Trend

Benchmark aluminium price for SHFE increased to stand at US$ 1809 per tonne on Wednesday, 06 May 2020.

aluminium

The most-traded SHFE June contract continued to trend upward on Wednesday morning. Shanghai Metals Market expects the contract to trade at RMB12,500-12,800 per tonne today.

Tagged with:

Aluminium Price LME Market

Adv
Adv
Adv
Adv
Adv
Adv
Adv
EDITED BY : HEENA IQBAL 1MINS 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.