LME aluminium cash offer eases slightly amid profit-taking β 24 November 2025
According to AlCircle, the LME aluminium cash offer dipped to USD 2,770/t, as short-term traders locked in gains against a backdrop of tight fundamentals.
π [Source: AlCircle]
Summary :
The LME aluminium cash bid increased from USD 2,748.5 per tonne on November 18 to USD 2,780 per tonne on November 19, marking a 1.15 per cent rise. The cash offer also moved up from USD 2,749.5 per tonne to USD 2,781 per tonne, up 1.14 per cent.
The 3-month bid price climbed from USD 2,785 per tonne to USD 2,805.5 per tonne, a gain of 0.74 per cent, while the 3-month offer rose from USD 2,787 per tonne to USD 2,806 per tonne, an increase of 0.68 per cent.
Further along the curve, the December 2026 bid advanced from USD 2,825 per tonne to USD 2,837 per tonne, rising 0.42 per cent, and the offer moved from USD 2,830 per tonne to USD 2,842 per tonne, up 0.42 per cent.
Asiaβs LME aluminium 3-month Reference Price, as of November 19, stood at USD 2,619.50 per tonne.
On the inventory side, LME aluminium stocks softened between November 18 and 19. Opening inventories eased from 548,075 tonnes to 546,075 tonnes, a drop of 2,000 tonnes.
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