LME aluminium price climbed to stand at US$ 2014.5/t; SHFE aluminium advanced 2.93%
Benchmark aluminium price on the London Metal Exchange rose by 2 per cent to US$ 2014.5 per tonne on Monday, November 30 from US$ 1975 per tonne on Friday.
As of Monday November 30, LME aluminium cash (bid) price stands at US$ 2014.50 per tonne, LME official settlement price stands at US$ 2014.50 per tonne; 3-months bid price stands at US$ 2022.50 per tonne, 3-months offer price is US$ 2022.50 per tonne; Dec 21 bid price stands at US$ 2042.50 per tonne, and Dec 21 offer price stands at US$ 2042.50 per tonne.
The LME aluminium opening stock stood at 1374025 tonnes. Live Warrants totalled 1215725 tonnes, and Cancelled Warrants were 158300 tonnes.
LME aluminium 3-months Asian Reference Price is hovering at US$ 2014.10 per tonne.
SHFE Aluminium Price Trend
Benchmark aluminium price for SHFE increased to stand at US$ 2555 per tonne on Tuesday, December 1 2020.
The most-liquid SHFE 2101 aluminium contract finished the day 2.93% higher at RMB16,485 per tonne on Monday, November 30. Open interest rose 3,132 lots to 162,297 lots.
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