LME aluminium price adds US$3/t to US$2523/t; SHFE price ascends to US$2844/t

Yesterday, LME aluminium opened at US$2,521.5 per tonne, hit a high of US$2,569 per tonne and a low of US$2,506 per tonne, and closed at $2,540 per tonne, up $18 per tonne or 0.71 per cent.

On Thursday, September 19, both LME aluminium cash bid price and LME aluminium official settlement price moved up by US$2.5 per tonne or 0.09 per cent and US$3 per tonne or 0.11 per cent to clock at US$2,522 per tonne and US$2,523 per tonne.

As per the LME price graph, 3-month bid price and 3-month offer price added US$8.5 per tonne or 0.33 per cent and US$10 per tonne or 0.39 per cent to settle at US$2,536 per tonne and US$2,538 per tonne.

December 25 bid price and December 25 offer price gained US$10 per tonne or 0.38 per cent to settle at US$2,630 per tonne and US$2,635 per tonne.

LME aluminium opening stock came in at 813000 tonnes. Live warrants and Cancelled warrants stood at 349750 tonnes and 463250 tonnes.

On the same day, LME aluminium 3-month Asian Reference Price slumped by US$61.58 per tonne or 2.46 per cent to dock at US$2,557.48 per tonne.

SHFE aluminium price

On Friday, September 20, the SHFE aluminium benchmark price has ascended by US$29 per tonne or 1.03 per cent to reside at US$2,844 per tonne. The most-traded SHFE aluminium 2411 contract opened at RMB 20,105 per tonne overnight, reaching a high of 20,135 per tonne and a low of RMB 20,040 per tonne, and closed at RMB 20,080 per tonne, up RMB 120 per tonne or 0.6 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.