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AL CIRCLE

LME aluminium price climbs up the graph by US$21/t to US$2,309.50/t; SHFE price drops by US$47/t

EDITED BY : 2MINS READ

LME aluminium opened at US$2,298 per tonne on Tuesday and closed at US$2,306 per tonne, up 1.03 per cent.

LME aluminium price climbs up the graph by US$21/t to US$2,309.50/t; SHFE price drops by US$47/t

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On Tuesday, September 13, both LME aluminium cash bid price and LME aluminium official settlement price increased by US$21 per tonne or 0.91 per cent to close at US$2,309 per tonne and US$2,309.50 per tonne.

3-month bid price and 3-month offer price went up by US$16 per tonne or 0.69 per cent and US$17 per tonne or 0.73 per cent, to rest at US$2,325 per tonne and US$2,326.50 per tonne.

December 23 bid price and December 23 offer price surged by US$63 per tonne or 2.68 per cent and 2.67 per cent to stop at US$2,410 per tonne and US$2,415 per tonne.

LME aluminium opening stock closed at 332900 tonnes. Live warrants and Cancelled warrants were recorded at 258775 tonnes and 74125 tonnes.

LME aluminium 3-month Asian Reference Price went up by US$6.97 per tonne or 0.30 per cent to settle at US$2,306.07 per tonne.

SHFE aluminium price 

On Wednesday, September 14, the SHFE benchmark aluminium price declined by US$47 per tonne or 1.72 per cent to record at US$2,671 per tonne.

The most-traded SHFE 2210 aluminium closed up 0.13 per cent or RMB 25 per tonne to RMB 18,765 per tonne, with open interest down 822 lots to 173,842 lots.

Special prices on industry reports

The most-traded SHFE 2210 aluminium contract opened at RMB 18,790 per tonne overnight before closing at RMB 18,680 per tonne, down RMB 110 per tonne or 0.59 per cent.

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EDITED BY : 2MINS READ

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