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07 OCTOBER 2019 AL CIRCLE

LME aluminium price closed Friday’s trading at US$ 1701.50 /t

EDITED BY : HEENA IQBAL 1MINS READ

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.

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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.

Tagged with:

Price LME Aluminium

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EDITED BY : HEENA IQBAL 1MINS READ

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