LME aluminium price closed Friday’s trading at US$ 1701.50 /t
Benchmark aluminium price on London Metal Exchange dropped 0.27 per cent to US$ 1701.50 per tonne on Friday, October 4, from US$ 1697 per tonne on October 3. As on October 4, Friday, LME aluminium cash (bid) price stood at US$ 1701 per tonne, LME official settlement price stands at US$ 1701.50 per tonne; 3-months bid price stands at US$ 1714.50 per tonne, 3-months offer price is US$ 1715.50 per tonne; Dec 20 bid price stands at US$ 1795 per tonne, and Dec 20 offer price stands at US$ 1800 per tonne.
The LME aluminium opening stock increased to 966525 tonnes. Live Warrants totalled at 782925 tonnes, and Cancelled Warrants were 183600 tonnes.
LME aluminium 3-months Asian Reference Price is hovering at US$ 1719.56 per tonne.
SHFE Aluminium Price Trend
Shanghai Futures Exchange (SHFE) is closed for the National Day holiday. Trading will resume on Tuesday, October 8.
Three months LME aluminium recovered losses yesterday on weak dollar to close at US$1711 per tonne
Next articleThree-month LME aluminium recovered from earlier losses on Monday to close at US$1,751/t; SHFE starts trading today
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