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 NOVEMBER 2019 AL CIRCLE

Three-month LME aluminium dropped to the lowest this month at US$1,742.5/t; SHFE closed flat at RMB13,805/t

EDITED BY : HEENA IQBAL 2MINS READ

The US dollar fell on Thursday. The dollar index, which tracks the greenback against a basket of other currencies, dipped 0.15% and ended at 98.17. LME base metals and the SHFE complex, except for tin, closed lower overnight. LME aluminium fell 1.05% and SHFE aluminium dipped 0.11%.

LME aluminium closed 0.68% lower at US$ 1756 per tonne on Thursday. Three-month LME aluminium fell to the lowest this month at US$1,742.5 per tonne on reports that LME aluminium inventories increased over 75,000 tonnes to the highest since August 2, at 1.02 million tonnes. LME aluminium is likely to trade within US$1747-1,770 per tonne today.

{alcircleadd}

aluminium

As on November 14, Thursday, LME aluminium cash (bid) price stood at US$1755.50 per tonne, LME official settlement price stands at US$ 1756 per tonne; 3-months bid price stands at US$ 1758 per tonne, 3-months offer price is US$ 1759 per tonne; Dec 20 bid price stands at US$ 1828 per tonne, and Dec 20 offer price stands at US$ 1833 per tonne.

The LME aluminium opening stock increased to 1020975 tonnes. Live Warrants totalled at 870250 tonnes, and Cancelled Warrants were 150725 tonnes.

LME aluminium 3-months Asian Reference Price is hovering at US$ 1767.26per tonne.

SHFE Aluminium Price Trend

Benchmark aluminium price for SHFE (Shanghai Future Exchange) increased to US$ 2014 per tonne today November 15, 2019.

aluminium

The most traded SHFE 1912 contract climbed to an intraday high of RMB13,865 per tonne in afternoon trade, before it gave back all those gains to close flat at RMB 13,805 per tonne. The most-active SHFE contract finished at RMB13,685 per tonne with support from RMB13,675 per tonne. The contract is expected to trade between RMB13,675-13,750 per tonne today.

Tagged with:

Price LME Inventory

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.