LME aluminium price rose 0.53% to close at US$2,445/t; SHFE market is closed for Labour Day Holiday
LME aluminium benchmark price edged 0.53 per cent higher on Friday, April 30, from US$ 2,432 per tonne on April 29.
LME aluminium cash (bid) price and LME official settlement price continued to rise by US$ 13 per tonne to stand at US$ 2,445 per tonne on Friday, April 30. 3-months bid price and 3-months offer price grew to US$ 2,438 per tonne from US$ 2,429.50 per tonne on April 29. Dec 22 bid price and Dec 22 offer price came in at US$ 2,434 per tonne on Friday, increasing by US$ 1.50 per tonne from US$ 2,432.50 per tonne.
The LME aluminium opening stock declined from 1838950 tonnes to 1835150 tonnes. Live Warrants totalled 1231700 tonnes, while Cancelled Warrants stood at 603450 tonnes.
LME aluminium 3-months Asian Reference Price inched up on April 30 from US$ 2426.17 per tonne to US$ 2428.48 per tonne.
SHFE Aluminium Price Trend
SHFE market is closed from May 1 to May 5, 2021, due to the Labour Day Holiday.
On Friday, April 30, Benchmark aluminium price for SHFE closed higher at US$ 2,916 per tonne. The most-active SHFE 2106 aluminium contract rose 1.33 per cent to end the day at RMB 18,990 per tonne, with open interest losing 12,627 lots to 275,000 lots.
Rio Tinto reports 36,000 tonnes more spent cell lining found at Tiwai Point Aluminium Smelter
Next articleAlufluoride commences new expanded aluminium fluoride plant at Visakhapatnam
Grow with
AL Circle
