Global aluminium surplus ending-22 september 2025

Citi warns capped Chinese output and shrinking LME stocks (~700k t) could push the market into deficit, with prices possibly above $3,000/t.
👉 Source: Reuters

Market Snapshot (22 Sep 2025):

  • LME 3-Month Asian Reference Price: US $2,683/t (↓1.25%)
  • LME Stocks: ~513,900 t
  • MCX Aluminium: ₹257.8/kg (+0.23%)