On 7 January 2026, LME aluminium prices strengthened around USD 3,129/t as improved market sentiment supported broad base-metal gains. This included a ~1.41% rise in aluminium prices alongside other metals such as nickel and lead, while LME aluminium stocks edged lower, signaling tightening availability.
👉 Source: SteelMint LME base metals report — https://www.steelmint.in/lme-base-metals-rally-on-improved-market-sentiment-712137?utm_source=chatgpt.com

Summary :

Base metals prices on the London Metal Exchange (LME) strengthened, posting broad-based gains on 7 January on improved market sentiment. Nickel led the rally, surging 8.95% to $18,524/t, while aluminium rose 1.41% to $3,129/t. Copper prices advanced 1.90% to $13,238/t, supported by steady buying interest, while zinc gained 1.75% to $3,251/t and lead climbed 2.59% to $2,076/t.

LME warehouse inventory trends were mixed, reflecting divergent supply conditions. Aluminium stocks fell 0.49% to 504,250 t, while zinc inventories edged down 0.07% to 105,775 t and lead stocks declined 1.50% to 233,350 t, signalling tighter availability. In contrast, copper inventories rose 2.47% to 146,075 t, and nickel stocks inched up 0.08% to 255,546 t, indicating relatively balanced supply on the exchange.

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https://www.steelmint.in/l