LME aluminium benchmark price moves down to US$2366/t; SHFE price loses US$3/t

On Thursday, LME aluminium opened at US$2,392 per tonne, with a high of US$2,410 per tonne, a low of US$2,363 per tonne, and closed at US$2,378 per tonne, down US$21.5 per tonne, a decrease of 0.90 per cent.

On Thursday, September 5, both LME aluminium cash bid price and LME aluminium official settlement price inched down by US$1.5 per tonne or 0.06 per cent to clock at US$2,365.50 per tonne and US$2,366 per tonne.

As per the LME graph, 3-month bid price and 3-month offer price moved down by US$5 per tonne or 0.20 per cent and US$6 per tonne or 0.25 per cent to settle at US$2,381 per tonne and US$2,382 per tonne.

December 25 bid price and December 25 offer price slipped by US$5 per tonne to halt at US$2,493 per tonne and US$2,498 per tonne.  

LME aluminium opening stock came in at 836925 tonnes. Live warrants and Cancelled warrants stood at 345300 tonnes and 491625 tonnes.

LME aluminium 3-month Asian Reference Price slumped by US$27.7 per tonne or 1.15 per cent to reside at US$2,375.44 per tonne.

SHFE aluminium price

On Friday, September 6, the SHFE aluminium benchmark price has slipped by US$3 per tonne or 0.11 per cent to clock at US$2,716 per tonne. Overnight, the most-traded SHFE aluminium 2410 contract opened at RMB 19,270 per tonne, with a high of RMB 19,385 per tonne, a low of RMB 19,250 per tonne, and closed at RMB 19,300 per tonne, up RMB 105 per tonne, an increase of 0.55 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.