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LME aluminium cash offer price rises to $3,279.5/t as opening stocks fall to 257,900t

LME aluminium prices moved higher on August 7 compared with the previous trading day, while warehouse stocks declined slightly. The LME aluminium cash bid price rose to USD 3,279 per tonne from USD 3,260 per tonne on August 6, an increase of 0.58 per cent. The cash offer price increased to USD 3,279.5 per tonne from USD 3,261 per tonne, up 0.57 per cent. The LME aluminium 3-month bid price stood at USD 3,279 per tonne on August 7, compared with USD 3,258 per tonne on August 6, marking a 0.64 ...

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LME aluminium cash prices recover to $3,260/t while stocks continue downward

The London Metal Exchange (LME) aluminium prices rebounded on the August 6 session, with cash, forward and longer-dated contracts all recording gains over the previous trading day. LME aluminium inventories, however, continued to decline, while the LME alumina Platts price also moved higher. The LME aluminium cash bid increased by 0.97 per cent day-on-day on August 6, rising from USD 3,228.5 per tonne to USD 3,260 per tonne, while the cash offer gained 0.99 per cent, climbing from USD 3,229 p ...

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LME aluminium cash price eases to $3,228.5/t as stocks decline to 260,900t

The London Metal Exchange (LME) aluminium market witnessed a mixed performance on August 5, with spot and three-month prices declining while longer-dated contracts and the Asian Reference Price strengthened. LME aluminium cash bid and offer prices fell by 1.3 per cent day-on-day. The cash bid slipped from USD 3,270 per tonne to USD 3,228.5 per tonne, while the offer eased from USD 3,271 per tonne to USD 3,229 per tonne. On August 5, the LME aluminium three-month bid price edged down by 0.22 ...

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