LME aluminium opened higher at US$ 2013.5/t after the holiday; SHFE shed 0.29%
Benchmark aluminium price on London Metal Exchange rose 1.79 per cent to stand at US$ 2013.5 per tonne on Monday, 4 January 2021, from US$ 1978 per tonne on December 31.
As of Monday January 4, LME aluminium cash (bid) price stands at US$ 2013.50 per tonne, LME official settlement price stands at US$ 2013.50 per tonne; 3-months bid price stands at US$ 2016 per tonne, 3-months offer price is US$ 2016 per tonne; Dec 21 bid price stands at US$ 2083.50 per tonne, and Dec 21 offer price stands at US$ 2083.50 per tonne.
LME aluminium 3-months Asian Reference Price is hovering at US$ 1995.01per tonne.
SHFE Aluminium Price Trend
Benchmark aluminium price for SHFE increased to stand at US$ 2417 per tonne on Tuesday, 5 January 2021.
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SHFE aluminium shed 0.29% on Monday, January 4. Shanghai base metals mostly advanced in overnight trading. SHFE aluminium rose 1.41%.
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