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
28 JANUARY 2021 AL CIRCLE

LME aluminium price recorded a plunge of US$21.5/t to settle at US$2003.5/t; SHFE price decreased to US$2289/t

EDITED BY : DEBANJALI SENGUPTA 2MINS READ

Three-month LME aluminium lost 1.75 per cent to close at US$ 1,987.50 per tonne on Wednesday, January 27, with open interest falling to 739,000 lots. It is expected to trade between US$ 1,970-2,010 per tonne today. 

LME aluminium price recorded a plunge of US$21.5/t

{alcircleadd}

LME aluminium cash (bid) price and LME official settlement price decreased to US$ 2003.50 per tonne on Wednesday, January 27, following a hike from US$ 2011.50 per tonne to US$ 2025 per tonne on January 26. 3-months bid price and 3-months offer price also stood at US$ 2003.50 per tonne, down by US$ 14.50 per tonne from US$ 2018 per tonne on the previous day. Dec 21 bid price and Dec 21 offer price hovered around US$ 2075 per tonne, registering a downfall of US$ 15 per tonne.

The LME aluminium opening stock increased to 1428225 tonnes from 1419775 tonnes. Live Warrants totalled 1174125 tonnes, while Cancelled Warrants stood at 254100 tonnes.

LME aluminium 3-months Asian Reference Price came in at US$ 2017.50 per tonne.

Global Aluminium Industry Outlook 2021

SHFE Aluminium Price Trend

Benchmark aluminium price for SHFE decreased to stand at US$ 2289 per tonne on Thursday, January 28.

The most-liquid SHFE 2103 aluminium contract fell 0.1 per cent to settle at RMB 14,860 per tonne on Wednesday night, and is likely to trade between RMB 14,500-14,900 per tonne today.

The most-active SHFE 2103 aluminium contract inched up 0.03 per cent to close the day at RMB 14,885 per tonne in choppy trading, with open interest increasing 4,934 lots to 170,000 lots, and is likely to trade between RMB 14,800-15,000 per tonne tonight.

Tagged with:

Price LME Aluminium futures

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.