Benchmark aluminium price on London Metal Exchange closed at US$ 1732.5 per tonne on Wednesday, January 29, a decrease of 0.69% from US$ 1744.5 per tonne on Tuesday.
As on Wednesday January 29, LME aluminium cash (bid) price stands at US$ 1732 per tonne, LME official settlement price stands at US$ 1732.5 per tonne; 3-months bid price stands at US$ 1747.5 per tonne, 3-months offer price is US$ 1748 per tonne; Dec 20 bid price stands at US$ 1883 per tonne, and Dec 20 offer price stands at US$ 1888 per tonne.
The LME aluminium opening stock increased to 1256350 tonnes. Live Warrants totalled 776425 tonnes, and Cancelled Warrants were 479925 tonnes.
LME aluminium 3-months Asian Reference Price is hovering at US$ 1754.50per tonne.
SHFE Aluminium Price Trend
Shanghai Futures Exchange is closed for Chinese New Year holiday and will reopen on February 3, 2020.
source https://www.alcircle.com/news/lme-aluminium-price-closed-lower-at-us-17325t-on-wednesday-50960
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