SHFE and LME Aluminium Price Review (Feb 27-Mar 3, 2023)

SHANGHAI, Mar 6 (SMM) –The most-traded SHFE 2304 aluminum contract opened at 18,570 yuan/mt last Monday, with its weekly low and high at 18,320 yuan/mt and 18,795 yuan/mt respectively before closing at 18,775 yuan/mt as of CST 15:00 on Friday, up 140 yuan/mt or 0.75% on the week. LME aluminum opened at $2,344/mt last Monday, with its weekly low and high at $2,329.5/mt and $2,455/mt respectively before trading at $2,417.5/mt as of CST 15:00 on Friday, up $73.5/mt or 3.14% on the week.