LME aluminium benchmark price ascends by US$5/t; SHFE price gains US$27/t

On Tuesday, LME aluminium opened at US$2,364 per tonne, with a high of US$2,375 per tonne and a low of US$2,332.5 per tonne, closing at US$2,342 per tonne, down US$20.5 per tonne (-0.87 per cent).

The LME aluminium cash bid price and LME aluminium official settlement price ascended by US$5 per tonne or 0.21 per cent to halt at US$2,322 per tonne and US$2,323 per tonne as of Tuesday, September 10.

As per the LME graph, both 3-month bid price and 3-month offer price added US$10 per tonne or 0.42 per cent and US$10.5 per tonne or 0.40 per cent to settle at US$2,343 per tonne and US$2,344 per tonne.

December 25 bid price and December 25 offer price increased by US$9 per tonne or 0.36 per cent to clock at US$2,457 per tonne and US$2,462 per tonne.

LME aluminium opening stock came in at 831350 tonnes. Live warrants and Cancelled warrants stood at 350225 tonnes and 481125 tonnes.

LME aluminium 3-month Asian Reference Price gained US$13.18 per tonne or 0.56 per cent to settle at US$2,357.44 per tonne.

SHFE aluminium price

On Wednesday, September 11, the SHFE aluminium benchmark price has lost US$27 per tonne to dock at US$2,717 per tonne. The most-traded SHFE aluminium 2410 contract opened at RMB 19,350 per tonne overnight, reaching a peak of RMB 19,385 per tonne and a low of RMB 19,275 per tonne, and closed at RMB 19,310 per tonne, down RMB 80 per tonne (-0.41 per cent).

Note: We are pleased to announce that the AL Circle website now includes CME (Futures) aluminium prices in addition to the previously available LME and SHFE aluminium prices. We invite you to explore this expanded offering in our price section for the most comprehensive and up-to-date aluminium pricing information.