On Monday, September 23, both LME aluminium cash bid price and LME aluminium official settlement price slumped by US$21 per tonne or 0.84 per cent and US$22 per tonne or 0.88 per cent to clock at US$2,454 per tonne and US$2,455 per tonne.
As per the price graph, 3-month bid price and 3-month offer price dropped by US$33 per tonne or 1.31 per cent and US$32.5 per tonne or 1.29 per cent to settle at US$2,471 per tonne and US$2,472 per tonne.
December 25 bid price and December 25 offer price lost US$25 per tonne or 0.95 per cent to dock at US$2,580 per tonne and US$2,585 per tonne.
LME aluminium opening stock came in at 805525 tonnes. Live warrants and Cancelled warrants stood at 349750 tonnes and 455775 tonnes.
LME aluminium 3-month Asian Reference Price declined by US$81.23 per tonne or 3.18 per cent to reach US$2,466.38 per tonne.
