Aluminium cash prices edge higher while inventory levels show modest easing – 6 January 2026
LME aluminium cash bids stood at USD 2,985.5/t recently, with stocks easing slightly to ~509,250 t, indicating ongoing drawdown of exchange inventories. alcircle
Summary :
Further along the curve, the December 2026 contract quoted a bid of USD 3,043 per tonne and an offer of USD 3,048 per tonne on January 2, compared with USD 3,010 per tonne and USD 3,015 per tonne on December 31 – gains of around 1.10 per cent and 1.09 per cent.
The LME aluminium 3-month Asian Reference Price on January 2 stood at USD 3,015.5 per tonne.
On the stocks side, LME aluminium opening inventory slipped to 509,250 tonnes on January 2, 2026 from 511,750 tonnes on December 31, 2025 – a decline of about 0.49 per cent. Live warrants were unchanged at 447,475 tonnes, while cancelled warrants dropped to 61,775 tonnes from 64,275 tonnes, a fall of roughly 3.89 per cent.
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