Last Friday, LME aluminium opened at US$2,460 per tonne, with a high of US$2,498 per tonne, a low of US$2,440.5 per tonne, and closed at US$2,446 per tonne, down US$25.5 per tonne, a decrease of 1.03 per cent.
On Friday, August 30, both LME aluminium cash bid price and LME aluminium official settlement price gained US$26 per tonne or 1.06 per cent to clock at US$2,463 per tonne and US$2,463.50 per tonne.
As per the LME data, both 3-month bid price and 3-month offer price hiked by US$19.5 per tonne or 0.79 per cent and US$20 per tonne or 0.81 per cent to arrive at US$2,485 per tonne and US$2,486 per tonne. December 25 bid price and December 25 offer price ascended by US$15 per tonne or 0.57 per cent to halt at US$2,613 per tonne and US$2,618 per tonne.
LME aluminium opening stock came in at 852150 tonnes. Live warrants and Cancelled warrants clocked at 345300 tonnes and 506850 tonnes.
LME aluminium 3-month Asian Reference Price expanded by US$15.78 per tonne or 0.63 per cent to reach US$2,489.21 per tonne.
SHFE aluminium price
On Monday, September 2, the SHFE aluminium benchmark price has grown by US$12 per tonne or 0.43 per cent to settle at US$2,784 per tonne. Last Friday night, the most-traded SHFE aluminium 2410 contract opened at RMB 19,825 per tonne, with a high of RMB 19,840 per tonne, a low of RMB 19,750 per tonne, and closed at RMB 19,760 per tonne, down RMB 90 per tonne, a decrease of 0.45 per cent.
Note: We are pleased to announce that the AL Circle website now includes CME (Futures) aluminium prices in addition to the previously available LME and SHFE aluminium prices. We invite you to explore this expanded offering in our price section for the most comprehensive and up-to-date aluminium pricing information.
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