The London Metal Exchange (LME) aluminium price chart continued to record a declining trend across all the pricing segments at the close of the June 24 trading session. Only the alumina pricing segment showed consistency.
The LME aluminium cash bid as well as offer prices eased by 0.59 per cent day-on-day. The bid reached USD 3,174.5 per tonne on July 24 from USD 3,193.5 per tonne on July 23. The offer shifted to USD 3,175 per tonne from USD 3,194 per tonne.
On June 24, both the LME aluminium three-month bid and offer prices reported a 0.68 per cent fall. The bid slipped to USD 3,160 per tonne from USD 3,181.5 per tonne as the offer slumped to USD 3,160.5 per tonne from USD 3,182 per tonne.
On the longer-dated contracts, both the Dec-27 bid and offer prices recorded a 0.64 per cent fall over the previous session. The bid closed at USD 3,088 per tonne, down from USD 3,108 per tonne, and the offer softened to USD 3,093 per tonne to USD 3,113 per tonne.