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
15 JUNE 2020 AL CIRCLE

Three-month LME aluminium declined for the second straight day; SHFE aluminium lost 0.4%

EDITED BY : HEENA IQBAL 2MINS READ

The US dollar increased on Friday. The dollar index, which measures the greenback against six major peers, gained 0.15% on the week after hitting its highest level since June 4 at 97.45.  LME aluminium shed 1.13% and SHFE aluminium went up 0.41%.

Three-month LME aluminium fell for the second straight day as loaded-up shorts prevented it from exceeding US$1,598 per tonne. It ended the day at US$1,576 per tonne, down 1.13% on the day. 

{alcircleadd}

aluminium

As of Friday June 12, LME aluminium cash (bid) price stands at US$ 1560 per tonne, LME official settlement price stands at US$ 1560 per tonne; 3-months bid price stands at US$ 1586.50 per tonne, 3-months offer price is US$ 1586.50 per tonne; Dec 21 bid price stands at US$ 1696 per tonne, and Dec 21 offer price stands at US$ 1696 per tonne.

The LME aluminium opening stock stood at 1548550 tonnes. Live Warrants totalled 1333350 tonnes, and Cancelled Warrants were 215200 tonnes.

LME aluminium 3-months Asian Reference Price is hovering at US$ 1593.50 per tonne.

SHFE Aluminium Price Trend

Benchmark aluminium price for SHFE increased to stand at US$ 1952 per tonne on Monday, 15 June 2020.

aluminium

The most-liquid SHFE contract rebounded from a session-low of RMB13,450 per tonne to end at RMB13,625 per tonne, down 0.37% on the day on Friday. The contract came off after climbed to a session high of RMB13,690 per tonne last Friday night, ending slightly higher on the day at RMB13,625 per tonne. The contract is likely to move at RMB13,450-13,900 per tonne today. 

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.