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
10 JULY 2020 AL CIRCLE

Three-month LME aluminium fell closed 0.96% lower at an intraday low of US$1,649/t; SHFE aluminium grew 1.17%

EDITED BY : HEENA IQBAL 2MINS READ

The US dollar rallied from a four-week low against a basket of rivals on Thursday. LME aluminium fell nearly 1% and SHFE aluminium advanced 0.3%.

Three-month LME aluminium fell on Thursday after notching its highest since March 13 at US$1,695.5 per tonne. It ended 0.96% lower at an intraday low of US$1,649 per tonne. It is likely to move between US$1,640-1,680 per tonne today.

{alcircleadd}

aluminium

As of Thursday July 9, LME aluminium cash (bid) price stands at US$ 1659.50 per tonne, LME official settlement price stands at US$ 1659.50 per tonne; 3-months bid price stands at US$ 1687 per tonne, 3-months offer price is US$ 1687 per tonne; Dec 21 bid price stands at US$ 1772 per tonne, and Dec 21 offer price stands at US$ 1772 per tonne.

The LME aluminium opening stock stood at 1632675 tonnes. Live Warrants totalled 1342725 tonnes, and Cancelled Warrants were 289950 tonnes.

LME aluminium 3-months Asian Reference Price is hovering at US$ 1679.67 per tonne.

SHFE Aluminium Price Trend

Benchmark aluminium price for SHFE increased to stand at US$ 2077 per tonne on Friday, 10 July 2020.

The most-liquid SHFE August contract advanced to a session high of RMB14,315 per tonne and closed up 1.71% on the day at RMB14,290 per tonne on Thursday.

aluminium

The contract eased from a nearly six-month peak of RMB14,330 per tonne in overnight trading to close 0.28% firmer at RMB14,255 per tonne in overnight trading. The contract is expected to move between RMB14,100-14,400 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.