
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}_0_0.png)
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.
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.
Responses








A proud
ASI member
AL Circle Private Limited | CIN: U72200WB2017PTC221175
Registered Office: Ecospace Business Park, Block 3A, Unit 401A, New Town, Rajarhat, Kolkata, WB 700160
Corporate Office: Ecospace Business Park, Block 3A, Unit 401A, New Town, Rajarhat, Kolkata, WB 700160
© 2026 AL Circle. All rights reserved. AL Circle is not responsible for content from external sources.