16 JULY 2024AlCircle.com
LME aluminium price plunges for the sixth day in a row, losing $71.5/t W-o-W; SHFE price declines by $21/t
Edited by : Debanjali Sengupta
2 min read
On Monday, July 15, LME aluminum opened at US$2,479.50 per tonne, hit a high of US$2,489.50 per tonne, a low of US$2,458 per tonne, and closed at US$2,460 per tonne, down by 1.18 per cent.
LME aluminium cash bid price and LME aluminium official settlement price further decreased, marking the sixth consecutive day of fall. While the former descended by US$17.50 per tonne to settle at US$2,403.50 per tonne, the latter shrank by US$18 per tonne to US$2,404 per tonne.
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