NewsPrimary ALLME aluminium declines marginally by 0.54% to stand at US$ 1745.5 per tonne
08 OCTOBER 2020AlCircleNews

LME aluminium declines marginally by 0.54% to stand at US$ 1745.5 per tonne

Edited by : Heena Iqbal
1 min read
LME aluminium declines marginally by 0.54% to stand at US$ 1745.5 per tonne

Benchmark aluminium price on London Metal Exchange dropped 0.54 per cent to US$ 1745.5 per tonne on Wednesday, October 7, from US$ 1755 per tonne on Tuesday.

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As of Wednesday October 7, LME aluminium cash (bid) price stands at US$ 1745.50 per tonne, LME official settlement price stands at US$ 1745.50 per tonne; 3-months bid price stands at US$ 1772.50 per tonne, 3-months offer price is US$ 1772.50 per tonne; Dec 21 bid price stands at US$ 1835.50 per tonne, and Dec 21 offer price stands at US$ 1835.50 per tonne.

The LME aluminium opening stock stood at 1428475 tonnes. Live Warrants totalled 1119125 tonnes, and Cancelled Warrants were 309350 tonnes.

LME aluminium 3-months Asian Reference Price is hovering at US$ 1770 per tonne.

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SHFE Aluminium Price Trend

China market and the Shanghai Futures Exchange (SHFE) will reopen on Friday, 09 October 2020

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