Three-month LME aluminium won 3.23 percent to close at US$2,927.5 per tonne in the overnight trading last Friday, with open interest losing 114 lots to 648,000 lots.
_0_0.png)
On Friday, September 10, LME aluminium cash (bid) price and LME official settlement price climbed by US$79.5 per tonne or 2.82 per cent to come in at US$2,896 per tonne and US$2,896.50 per tonne, respectively. 3-month bid price and 3-month offer price were at US$2,906 per tonne and US$2,907 per tonne. December 22 bid price stood at US$2,783 per tonne and the offer price for the same day was at US$2,788 per tonne.
LME aluminium opening stock for September 10 was 1317725 tonnes. Live warrants amounted to 829700, while cancelled warrants totalled 488025 tonnes.
LME aluminium 3-month Asian Reference Price settled at US$2,869.50 per tonnes as of September 10.
SHFE Aluminium Price Trend
Benchmark aluminium price for SHFE soared by US$137 per tonne to reach at US$3,631 per tonne Monday, September 13.
The most-traded SHFE 2110 aluminium closed up 1.93 per cent to RMB 22670 per tonne, with open interest down 20339 lots to 271924 lots.
The most-active SHFE 2110 aluminium contract gained 2.74 percent to end at RMB 23,240 per tonne last Friday night, with open interest up 575 lots to 273,000 lots.
Responses
