LME aluminium benchmark price hikes to US$2,147.5/t; SHFE price expands by US$34/t
On Wednesday, July 12, both LME aluminium cash bid price and LME official settlement price hiked by US$18 per tonne or 0.84 per cent and US$18.5 per tonne or 0.86 per cent to close at US$2,146.50 per tonne and US$2,147.50 per tonne.
3-month bid price and 3-month offer price moved up by US$6 per tonne or 0.27 per cent and US$6.5 per tonne or 0.29 per cent to close at US$2,185 per tonne and US$2,186 per tonne.
December 24 bid price and December 24 offer price grew by US$8 per tonne or 0.34 per cent, settling at US$2,340 per tonne and US$2,345 per tonne.
LME aluminium opening stock halted at 528100 tonnes. Live warrants and Cancelled warrants scored at 272950 tonnes and 255150 tonnes.
LME aluminium 3-month Asian Reference Price dipped by US$4.27 per tonne or 0.19 per cent to reside at US$2,173.79 per tonne.
SHFE aluminium price
Today, on July 13, the SHFE aluminium price has expanded by US$34 per tonne or 1.33 per cent to rest at US$2,577 per tonne.
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