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
21 AUGUST 2021 AL CIRCLE

LME aluminium price trended down this week by US$75/t to US$2569/t; SHFE price shrank 2% to US$3071/t

EDITED BY : DEBANJALI SENGUPTA 2MINS READ

LME aluminium cash (bid) price and LME official settlement price recorded a downtrend this week by US$ 75 per tonne. The prices started the week on Monday, August 16, with a surge of US$ 41.50 per tonne to US$ 2,644 per tonne but decreased on the subsequent day, August 17, by US$ 10 per tonne to US$ 2,633 per tonne. On Wednesday, August 18, both LME aluminium cash (bid) price and LME official settlement price further declined to US$ 2,589.50 per tonne and closed even lower at US$ 2,544 per tonne on Thursday, August 19. However, on Friday, the prices edged higher by US$ 25 per tonne to close the week at US$ 2,569 per tonne.

LME aluminium price trended down this week by US$75/t to US$2569/t; SHFE price shrank 2% to US$3071/t

{alcircleadd}

3-months bid price and 3-months offer price also slipped this week by US$ 74 per tonne. On Monday, August 16, the prices stood at US$ 2,626 per tonne, which on the next day, August 17, decreased to US$ 2,618.50 per tonne. On Wednesday, August 18, both 3-months bid price and 3-months offer price plunged by US$ 47 per tonne to come in at US$ 2,571.50 per tonne and further shrank to US$ 2,532 per tonne on Thursday, August 19. The prices settled higher on Friday than the previous day by US$ 20 per tonne to US$ 2,552 per tonne.

Dec 22 bid price and Dec 22 offer price edged lower this week from US$ 2,584 per tonne on August 16 to US$ 2,523 per tonne on August 20.

Outlook for the Indian Aluminium Industry

SHFE Aluminium Price Trend

Benchmark aluminium price for SHFE shrank by US$ 62 per tonne or 2 per cent over the week from August 16 to 20. On Monday, the price stood at US$ 3,133 per tonne, which decreased by US$ 13 per tonne to US$ 3,120 per tonne on Tuesday, August 17. On Wednesday, August 18, SHFE aluminium price rebounded to US$ 3,136 per tonne but plunged on Thursday, August 19, to US$ 3,080 per tonne. On Friday, August 20, the price closed even lower at US$ 3,071 per tonne.

Tagged with:

Price LME

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.