LME aluminium price decreases by 0.98% to US$2,917/t; SHFE price moves down by US$127
Three-month LME aluminium rose 0.75 percent to end at US$2,896.5 per tonne on Monday.
On Monday, October 25, both LME aluminium cash (bid) price and LME aluminium official settlement price descended by US$29 or by 0.98 percent to total at US$2916.5 per tonne and US$2,917 per tonne.
SHFE Aluminium Price Trend
On Monday, October 25, benchmark aluminium price for SHFE decreased by US$127 to settle at US$3,281 per tonne.
The most-traded SHFE 2112 aluminium closed down RMB 345 per tonne to RMB 21665 per tonne, with open interest down 5272 lots to 205809 lots.
The most-traded SHFE 2112 aluminium contract fell 2.12 percent to settle at RMB 21,205 per tonne last night.
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Next articleChina’s A00 aluminium ingot price descends for the third day in a row to RMB 20,860/t; Aluminium alloy (A356) price slumps by RMB1000/t
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