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
08 SEPTEMBER 2021 AL CIRCLE

LME aluminium price drops US$5/t to stand at US$2740.5/t; SHFE price closes higher at US$3371/t

EDITED BY : DEBANJALI SENGUPTA 2MINS READ

Three-month LME aluminium rose 0.02 per cent to end at US$2,768 per tonne on last night, with open interest decreasing 49 lots to 651,000 lots.

LME aluminium price drops US$5/t to stand at US$2740/t; SHFE price closes higher at US$3371/t

{alcircleadd}

LME aluminium cash (bid) price and LME official settlement price dropped by US$5 per tonne on Tuesday, September 7, to come in at US$2,740 per tonne and US$2,740.50 per tonne, respectively. But 3-months bid price grew by US$3 per tonne to stand at US$2,759 per tonne, while 3-months offer price edged US$2 per tonne higher to peg at US$2,760 per tonne. Dec 22 bid price stood at US$2,688 per tonne and Dec 22 offer price hovered around US$2,693 per tonne.

LME aluminium opening stock plunged from 1341000 tonnes to 1333625 tonnes. Live Warrants amounted to 866375 tonnes, while Cancelled Warrants totalled 467250 tonnes.

LME aluminium 3-months Asian Reference Price settled at US$ 2765.50 per tonne as of September 7.

Outlook for the Indian Aluminium Industry

SHFE Aluminium Price Trend

Benchmark aluminium price for SHFE gained US$5 per tonne to close at US$3,371 per tonne on Wednesday, September 8.

The most-traded SHFE 2110 aluminium closed up 0.44 per cent to RMB 21,730 per tonne, with open interest down 12145 lots to 286000 lots.

The most-active SHFE 2110 aluminium contract decreased 0.02 per cent to end at RMB 21,735 per tonne last night, with open interest down 356 lots to 286,000 lots. 


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.