LME aluminium cash offer rising as inventories tighten – 31 January 2026
Latest LME market data shows the cash offer for aluminium rose to about USD 3,325.5 per tonne, while opening stocks on the London Metal Exchange continued to edge lower around 497,725 t, indicating persistent supply tightness.
👉 Source: LME aluminium cash price & stock report — https://www.alcircle.com/news/lme-aluminium-cash-offer-rises-2-04-to-3-325-5-t-as-opening-stocks-fall-to-497-725t-117092?utm_source=chatgpt.com
Summary :
Further along the curve, the December 27 bid price rose 1.12 per cent to USD 3173 per tonne on January 29, compared with USD 3138 per tonne on January 28. The December 27 offer price increased 1.11 per cent to USD 3178 per tonne from USD 3143 per tonne.
The LME aluminium 3-month Asian Reference Price on January 29, stood at USD 3218.5 per tonne.
Warehouse data showed stocks edging lower. On January 29, LME aluminium opening stock came in at 497725 tonnes, down 0.45 per cent from 499975 tonnes on January 28. Live warrants fell 7.38 per cent to 439400 tonnes from 474400 tonnes, while cancelled warrants surged 128.1 per cent to 58325 tonnes from 25575 tonnes.
Meanwhile, the LME alumina Platts price stood at USD 306.93 per tonne.
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