Adv
LANGUAGES
English
Hindi
Spanish
French
German
Chinese_Simplified
Chinese_Traditional
Japanese
Russian
Arabic
Portuguese
Bengali
Italian
Dutch
Greek
Korean
Turkish
Vietnamese
Hebrew
Polish
Ukrainian
Indonesian
Thai
Swedish
Romanian
Hungarian
Czech
Finnish
Danish
Filipino
Malay
Swahili
Tamil
Telugu
Gujarati
Marathi
Kannada
Malayalam
Punjabi
Urdu
22 MARCH 2021 AL CIRCLE

LME aluminium price decreased for the second day in a row to US$2188/t; SHFE price rose 1.5% to US$2707/t

EDITED BY : DEBANJALI SENGUPTA 2MINS READ

Three-month LME aluminium rose 2.82 per cent to close at US$ 2,277.50 per tonne on Friday. It is expected to fluctuate between US$ 2,190-2,220 per tonne today. LME aluminium stocks increased nearly 70,000 tonnes to 1.97 million tonnes. The contract is expected to fluctuate at US$ 2,200-2,270 per tonne in the near term.

LME aluminium price decreased for the second day in a row to US$2188/t

{alcircleadd}

LME aluminium cash (bid) price and LME official settlement price decreased for the second consecutive day on Friday, March 19, to stand at US$ 2188 per tonne. 3-months bid price and 3-months offer price stood at US$ 2223 per tonne, down by US$ 3.5 per tonne from US$ 2226.50 per tonne on March 18. Dec 22 bid price and Dec 22 offer price, however, increased from US$ 2250 per tonne on March 18 to US$ 2255 per tonne on March 19.

The LME aluminium opening stock soared by 69975 tonnes to stand at 1967275 tonnes as of Friday, March 19. Live Warrants totalled 1390625 tonnes, while Cancelled Warrants stood at 576650 tonnes.

LME aluminium 3-months Asian Reference Price came in at US$ 2199 per tonne on March 19.

AlCircle Expo 2021

SHFE Aluminium Price Trend

Benchmark aluminium price for SHFE edged 1.50 per cent higher to clock at US$ 2707 per tonne on Monday, March 22.

The most-liquid SHFE 2015 aluminium contract rose 1.32 per cent to settle at RMB 17,645 per tonne on Friday night, and is likely to fluctuate between RMB 17,300-17,700 per tonne today. The growth rate of social inventories of aluminium ingots slowed down and the inflection point is expected to appear soon. Spot prices kept a small discount.


Adv
Adv
Adv
Adv
Adv
Adv
Adv
EDITED BY : DEBANJALI SENGUPTA 2MINS READ

Responses

Adv
Adv
Adv
Loading...
Adv
Adv
Adv
Loading...
Reports VIEW ALL
Loading...
Loading...
Business Leads VIEW ON AL BIZ
Loading...
Adv
Adv
Would you like to be
featured with us?
Loading...

AL Circle: Aluminium Ecosystem App

A proud
ASI member
© 2026 AL Circle. All rights reserved. AL Circle is not responsible for content from external sources.