Industry News

LME benchmark aluminium price shrinks by US$11.5/t to reach US$2130.5/t; SHFE aluminium price discards US$4/t

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Update time : 2024-01-22 16:20:32
LME aluminium opened at US$2,180 per tonne on Thursday, with high and low at US$2,192.5 per tonne and US$2,162 per tonne, respectively, before closing at US$2,168 per tonne, a drop of US$46 per tonne or 2.08 per cent.
On January 18, the London Metal Exchange price chart displayed shrinking aluminium prices, with the LME aluminium cash bid price officiating at US$2,130 per tonne and the LME aluminium official settlement price closing at US$2,130.50 per tonne, with a slump of US$11.50 per tonne or 0.54 per cent.

The LME 3-month bid price halted at US$2,175 per tonne, and the LME 3-month offer price parked at US$2,176 per tonne, with a marked fall of US$14 per tonne or 0.64 per cent and US$13.50 per tonne or 0.62 per cent, respectively.

The 25 December bid price and 25 December offer price both lost US$15 per tonne or 0.61 per cent to settle at US$2,430 per tonne and US$2,435 per tonne.

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