LME aluminium price declined 2.64% to close at US$ 2008/t; SHFE aluminium shed 0.49%
Benchmark aluminium price on London Metal Exchange declined by 2.64 per cent to come in at US$ 2008 per tonne on Thursday, 7 January 2021, from US$ 2062.5 per tonne on 6 January 2021.
As of Thursday January 7, LME aluminium cash (bid) price stands at US$ 2008 per tonne, LME official settlement price stands at US$ 2008 per tonne; 3-months bid price stands at US$ 2020.50 per tonne, 3-months offer price is US$ 2020.50 per tonne; Dec 21 bid price stands at US$ 2078 per tonne, and Dec 21 offer price stands at US$ 2078 per tonne.
The LME aluminium opening stock stood at 1313100 tonnes. Live Warrants totalled 1186250 tonnes, and Cancelled Warrants were 126850 tonnes.
LME aluminium 3-months Asian Reference Price is hovering at US$ 2041.76 per tonne.
SHFE Aluminium Price Trend
Benchmark aluminium price for SHFE increased to US$ 2429 per tonne on Friday, 8 January 2021.
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SHFE aluminium shed 0.49% on Thursday, 07 January 2021. Shanghai base metals mostly advanced in overnight trading, rising aluminium price by 1.18%.
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