After a substantial growth on the previous day, the LME aluminium cash bid price and LME aluminium official settlement price dipped by US$1 per tonne and US$2.50 per tonne to reach US$2,202 per tonne and US$2,202.50 per tonne.
The 3-month bid price and 3-month offer price stood at US$2,262 per tonne and US$2,263 per tonne, down by US$5 per tonne from US$2,267 per tonne and US$2,268 per tonne. December-25 bid price and December-25 offer price also decreased by US$5 per tonne to settle at US$2,418 per tonne and US$2,423 per tonne, respectively.
LME aluminium opening stock moved further down to 914,450 tonnes, losing 3,600 tonnes. Live Warrant and Cancelled Warrants amounted to 355,725 tonnes and 558,725 tonnes, respectively.
The LME aluminium 3-month Asian Reference Price shrank by US$36.96 per tonne to close at US$2,280.54 per tonne.
