LME aluminium price climbed to stand at US$ 2014.5/t; SHFE aluminium advanced 2.93%
Benchmark aluminium price on the London Metal Exchange rose by 2 per cent to US$ 2014.5 per tonne on Monday, November 30 from US$ 1975 per tonne on Friday.
As of Monday November 30, LME aluminium cash (bid) price stands at US$ 2014.50 per tonne, LME official settlement price stands at US$ 2014.50 per tonne; 3-months bid price stands at US$ 2022.50 per tonne, 3-months offer price is US$ 2022.50 per tonne; Dec 21 bid price stands at US$ 2042.50 per tonne, and Dec 21 offer price stands at US$ 2042.50 per tonne.
The LME aluminium opening stock stood at 1374025 tonnes. Live Warrants totalled 1215725 tonnes, and Cancelled Warrants were 158300 tonnes.
LME aluminium 3-months Asian Reference Price is hovering at US$ 2014.10 per tonne.
SHFE Aluminium Price Trend
Benchmark aluminium price for SHFE increased to stand at US$ 2555 per tonne on Tuesday, December 1 2020.
The most-liquid SHFE 2101 aluminium contract finished the day 2.93% higher at RMB16,485 per tonne on Monday, November 30. Open interest rose 3,132 lots to 162,297 lots.
Alba set to finish 2020 strong despite the challenges
Next articleA00 aluminium ingot price hikes by RMB210/t to stand close to RMB17000/t; Aluminium alloys prices exceed RMB17000/t
Grow with
AL Circle
