LME aluminium benchmark price falls by US$8.5/t; SHFE price adds US$2/t

On Tuesday, LME aluminium opened at US$2,424 per tonne, with a high of US$2,428.5 per tonne, a low of US$2,394 per tonne, and closed at US$2,415.5 per tonne, down US$8.5 per tonne, a decrease of 0.35 per cent.

As per the LME aluminium graph, on Tuesday, September 3, both the cash bid price and official settlement price dipped by US$8.5 per tonne or 0.35 per cent to stand at US$2,381.50 per tonne and US$2,382 per tonne.

On the same day, both 3-month bid price and 3-month offer price lost US$10.5 per tonne or 0.43 per cent to dock at US$2,404.50 per tonne and US$2,405 per tonne.  December 25 bid price and December 25 offer price descended by US$11 per tonne and US$16 per tonne to clock at US$2,527 per tonne and US$2,532 per tonne.

LME aluminium opening stock came in at 843925 tonnes. Live warrants and Cancelled warrants closed at 345300 tonnes and 498625 tonnes.

LME aluminium 3-month Asian Reference Price slumped by US$22.19 per tonne or 0.91 per cent to reach US$2,405.21 per tonne.

SHFE aluminium price

On Wednesday, September 4, the SHFE aluminium benchmark price has moved up by US$2 per tonne or 0.07 per cent to settle at US$2,736 per tonne.  The most-traded SHFE aluminium 2410 contract opened at RMB 19,500 per tonne, with a high of RMB 19,560 per tonne, a low of RMB 19,360 per tonne, and closed at RMB 19,410 per tonne, down RMB 90 per tonne, a decrease of 0.46 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.