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

Views : 161
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.

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