LME aluminium price falls by US$16.5/t to US$2,116/t; SHFE price moves down to US$2,518/t
On Monday, June 26, both LME aluminium cash bid price and LME aluminium official settlement price dropped by US$16.5 per tonne or 0.77 per cent to settle at US$2,115.50 per tonne and US$2,116 per tonne.
The 3-month bid price and 3-month offer price slipped by US$20 per tonne or 0.91 per cent to clock at US$2,154 per tonne and US$2,155 per tonne.
December 24 bid price and December 24 offer price slumped by US$23 per tonne or 0.98 per cent to settle at US$2,310 per tonne and US$2,315 per tonne.
LME aluminium opening stock halted at 537775 tonnes. Live warrants and Cancelled warrants closed at 287375 tonnes and 250400 tonnes.
LME aluminium 3-month Asian Reference Price descended by US$24.23 per tonne or 1.09 per cent to close at US$2,178.77 per tonne.
SHFE aluminium price
On Tuesday, June 27, the SHFE aluminium price has moved down by US$2/t or 0.07 per cent to close at US$2,518 per tonne.
China’s unwrought aluminium alloy imports record a third monthly fall of 11.6% in May’23
Next articleChina’s SMM aluminium price soars RMB30/t today, down 0.48% Q-o-Q; Low carbon aluminium price gains RMB74/t
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