LME aluminium price dropped 1.13% to US$ 1755.5/t on Friday
Benchmark aluminium price on London Metal Exchange opened lower at US$ 1755.5 per tonne on Monday, January 27. That was down 1.13% from Friday’s close of US$ 1775.5 per tonne.
As on Monday January 27, LME aluminium cash (bid) price stands at US$ 1755 per tonne, LME official settlement price stands at US$ 1755.5 per tonne; 3-months bid price stands at US$ 1764 per tonne, 3-months offer price is US$ 1765 per tonne; Dec 20 bid price stands at US$ 1895 per tonne, and Dec 20 offer price stands at US$ 1900 per tonne.
The LME aluminium opening stock dropped to 1248025 tonnes. Live Warrants totalled 732075 tonnes, and Cancelled Warrants were 515950 tonnes.
LME aluminium 3-months Asian Reference Price is hovering at US$ 1770.50 per tonne.
SHFE Aluminium Price Trend
Shanghai Futures Exchange is closed for Chinese New Year holiday and will reopen on Friday January 31st.
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