Industry News

LME aluminium price moves up to US$2,545/t; SHFE price inches down by US$1/t

Views : 160
Update time : 2024-05-01 19:10:00
On Tuesday, April 30, both LME aluminium cash bid price and LME aluminium official settlement price moved up by US$8.5 per tonne or 0.33 per cent to settle at US$2,544.50 per tonne and US$2,545 per tonne.

As per the LME price graph, 3-month bid price and 3-month offer price ascended by US$8.5 per tonne or 0.33 per cent to halt at US$2,575.50 per tonne and US$2,576.50 per tonne. December 25 bid price and December 25 offer price inched up by US$2 per tonne or 0.07 per cent to clock at US$2,682 per tonne and US$2,687 per tonne. 

LME aluminium's opening stock was 490750 tonnes. Live warrants and Cancelled warrants settled at 131875 tonnes and 358875 tonnes, respectively. On the same day, LME aluminium 3-month Asian Reference price hiked by US$14.48 per tonne or 0.56 per cent to US$2,580.94 per tonne.

Related News
Read More >>
ArcelorMittal begins mining operations in Argentina ArcelorMittal begins mining operations in Argentina
Feb .06.2026
ArcelorMittal begins mining operations in Argentina
Taiwan launches AD sunset review on Chinese aluminum foil Taiwan launches AD sunset review on Chinese aluminum foil
Feb .06.2026
Taiwan launches AD sunset review on Chinese aluminum foil
Jindal Stainless to expand capacity with new Wuhan Qianye rolling mill Jindal Stainless to expand capacity with new Wuhan Qianye rolling mill
Feb .06.2026
Jindal Stainless to expand capacity with new Wuhan Qianye rolling mill
Nirav Commercial approves sale of aluminium unit for $0.13M to Hind Aluminium Nirav Commercial approves sale of aluminium unit for $0.13M to Hind Aluminium
Feb .06.2026
Nirav Commercial approves sale of aluminium unit for $0.13M to Hind Aluminium