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
26 FEBRUARY 2020 AL CIRCLE

Three-month LME aluminium closed 0.18% higher; SHFE aluminium gained about 0.2%

EDITED BY : HEENA IQBAL 2MINS READ

The US dollar index declined on Tuesday, 25 February 2020. The dollar index, which tracks the greenback against a basket of other currencies, dipped 0.3% and ended at 98.97. LME base metals traded mostly higher. LME aluminium gained 0.2%.

Three-month LME aluminium rebounded on short-covering, hitting a session high of US$1,715 per tonne and closed up 0.18% on the day at US$1,702 per tonne. The contract is likely to trade between US$1,680-1,720 per tonne today. 

{alcircleadd}

aluminium

As on Tuesday February 25, LME aluminium cash (bid) price stands at US$ 1683 per tonne, LME official settlement price stands at US$ 1685 per tonne; 3-months bid price stands at US$ 1704 per tonne, 3-months offer price is US$ 1705 per tonne; Dec 21 bid price stands at US$ 1835 per tonne, and Dec 21 offer price stands at US$ 1840 per tonne.

The LME aluminium opening stock dropped to 1115400 tonnes. Live Warrants totalled 799050 tonnes, and Cancelled Warrants were 316350 tonnes.

LME aluminium 3-months Asian Reference Price is hovering at US$ 1703.24 tonne.

SHFE Aluminium Price Trend

Benchmark aluminium price for SHFE increased to US$1916 per tonne on Wednesday, 26 February 2020.

aluminium

The most-active SHFE 2004 contract rallied from a new one-year low of RMB13,445 per tonne to settle the day 0.22% stronger at RMB13,535 per tonne. The contract is expected to trade at RMB13,400-13,700 per tonne.

Tagged with:

Aluminium Price LME

Adv
Adv
Adv
Adv
Adv
Adv
Adv
EDITED BY : HEENA IQBAL 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.