Market News
LME aluminium price grows by US$12.5/t to US$2,226.5/t; SHFE price loses US$3/t
LME aluminium opened at US$2,254.5 per tonne on Tuesday, with its low and high at US$2,247.5 per tonne and US$2,277.5 per tonne, respectively, before closing at US$2,271.5 per tonne, up 0.91 per cent.
On Tuesday, January 30, both LME aluminium cash bid price and LME aluminium official settlement price ascended by US$12.5 per tonne or 0.56 per cent to stand at US$2,226 per tonne and US$2,226.50 per tonne.

As per the LME aluminium data, 3-month bid price and 3-month offer price hiked by US$15.5 per tonne or 0.68 per cent and US$14 per tonne or 0.62 per cent to stand at US$2,264.50 per tonne and US$2,265 per tonne.

December 25 bid price and December 25 offer price gained US$14 per tonne or 0.56 per cent to stand at US$2,502 per tonne and US$2,507 per tonne. LME aluminium 3-month Asian Reference Price moved up by US$2.33 per tonne to halt at US$2,250.83 per tonne.