Industry News

LME aluminium benchmark price descends by US$32.5/t; SHFE price loses US$33/t

Views : 181
Update time : 2024-06-18 16:46:27
The previous trading day, LME aluminium opened at US$2,539 per tonne, reached a high of US$2,552.5 per tonne and a low of US$2,502 per tonne, and closed at US$2,523 per tonne, down US$21.5 per tonne, a decrease of 0.84 per cent.

On Friday, June 14, both LME aluminium cash bid price and LME aluminium official settlement price dropped by US$31 per tonne or 1.24 per cent and US$32.5 per tonne or 1.30 per cent to clock at US$2,465 per tonne and US$2,465.50 per tonne.

As per the LME data, 3-month bid price and 3-month offer price dipped by US$28 per tonne or 1.09 per cent and US$27.5 per tonne or 1.07 per cent to peg at US$2,529 per tonne and US$2,530 per tonne.

December 25 bid price and December 25 offer price slumped by US$25 per tonne or 0.93 per cent to dock at US$2,655 per tonne and US$2,660 per tonne. LME aluminium opening stock came in at 1079050 tonnes.

Live warrants and Cancelled warrants settled at 486325 tonnes and 592725 tonnes. LME aluminium 3-month Asian Reference Price dipped by US$9.88 per tonne or 0.38 per cent to clock at US$2,544.86 per tonne.

Related News
Read More >>
South Africa launches critical minerals strategy, opens new mining law for public comment South Africa launches critical minerals strategy, opens new mining law for public comment
May .22.2025
South Africa launches critical minerals strategy, opens new mining law for public comment
China's iron ore production declines in Jan-Apr China's iron ore production declines in Jan-Apr
May .22.2025
China's iron ore production declines in Jan-Apr
US’ steel coil exports go up in Mar US’ steel coil exports go up in Mar
May .22.2025
US’ steel coil exports go up in Mar
US increases CRC imports in Mar US increases CRC imports in Mar
May .22.2025
US increases CRC imports in Mar