Funds amass record long positions in aluminium as rally continues- 08 November 2025
Investment funds have built up record bullish bets in the aluminium market, pushing the London Metal Exchange (LME) three-month contract above US $2,900/t for the first time since May 2022. Reuters
Summary:
LONDON, Nov 6 (Reuters) – Fund money has surged into the London Metal Exchange (LME) aluminium contract over the past couple of months as investors bet that the market’s days of chronic oversupply are coming to an end.
Investors have built up record long positions, fuelling a six-month rally that has seen the LME three-month metal trade this week above the $2,900 per metric ton level for the first time since May 2022.
Article Link :