LME aluminium price grows by US$12.5/t to US$2,226.5/t; SHFE price loses US$3/t
LME aluminium opened at US$2,254.5 per tonne on Tuesday, with its low and high at US$2,247.5 per tonne and US$2,277.5 per tonne, respectively, before closing at US$2,271.5 per tonne, up 0.91 per cent.
On Tuesday, January 30, both LME aluminium cash bid price and LME aluminium official settlement price ascended by US$12.5 per tonne or 0.56 per cent to stand at US$2,226 per tonne and US$2,226.50 per tonne.
As per the LME aluminium data, 3-month bid price and 3-month offer price hiked by US$15.5 per tonne or 0.68 per cent and US$14 per tonne or 0.62 per cent to stand at US$2,264.50 per tonne and US$2,265 per tonne.
December 25 bid price and December 25 offer price gained US$14 per tonne or 0.56 per cent to stand at US$2,502 per tonne and US$2,507 per tonne. LME aluminium 3-month Asian Reference Price moved up by US$2.33 per tonne to halt at US$2,250.83 per tonne.
SHFE aluminium price today
On January 31, today, the SHFE aluminium price moved down by US$3 per tonne or 0.11 per cent to peg at US$2,652 per tonne. The most-traded SHFE 2403 aluminium contract opened at RMB 18,990 per tonne overnight, with its low and high at RMB 18,970 per tonne and RMB 19,055 per tonne before closing at RMB 19,040 per tonne, up RMB 90 per tonne or 0.47 per cent.
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