Industry News

LME aluminium benchmark price loses US$8.5/t to US$2452.5/t; SHFE price drops to US$2802/t

Views : 86
Update time : 2024-06-25 15:49:37
The previous trading day, LME aluminium opened at US$2,522.5 per tonne, hit a high of US$2,537.5 per tonne and a low of US$2,501 per tonne, and closed at US$2,513 per tonne, down US$8 per tonne, a decrease of 0.32 per cent.

On Friday, June 21, both LME aluminium cash bid price and LME aluminium official settlement price dropped by US$8 per tonne or 0.32 per cent and US$8.5 per tonne or 0.34 per cent to clock at US$2,452 per tonne and US$2,452.50 per tonne.

3-month bid price and 3-month offer price also went down by US$5 per tonne or 0.19 per cent to settle at US$2,503 per tonne and US$2,504 per tonne. December 25 bid price and December 25 offer price dipped by US$5 per tonne or 0.18 per cent to reside at US$2,647 per tonne and US$2,652 per tonne.

LME aluminium opening stock came in at 1055425 tonnes. Live warrants and Cancelled warrants settled at 466575 tonnes and 588850 tonnes. LME aluminium 3-month Asian Reference Price, on the other hand, went up by US$5.84 per tonne or 0.23 per cent to dock at US$2,513.81 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