LME aluminium elevates by 0.19% to US$2,894.50; SHFE market is closed for the National Day holiday
LME aluminium cash (bid) price increased by US$6 or by 0.20 percent to settle at US$2,894 per tonne. LME aluminium official settlement price surged by US$5.5 or by 0.19 percent to close at US$2,894.50 per tonne. 3-month bid price and 3-month offer price settled at US$2,911 per tonne and US$2,912 per tonne. December 22 bid price was found out to be US$2,788 per tonne and the offer price for the same stood at US$2,793 per tonne.
LME aluminium opening stock for October 5 was recorded at 1211975 tonnes. Live warrants for the same closed at 644550 and cancelled warrant settled at 567425.
LME aluminium 3-month Asian Reference Price for Tuesday, October 5 was recorded at 2907.
SHFE Aluminium Price Trend
The Shanghai Metal Market will be closed from October 1 to October 7 for the National Day holiday and will resume on October 8 2021.
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