LME aluminium cash price jumps as inventories continue to tighten – 15 January 2026
LME aluminium cash offers surged to USD 3,221 per tonne, marking strong market momentum as visible stocks on the exchange fell to ~492,000 t, underlining a tightening supply backdrop that has supported prices.
Summary:
Prices for the December 27 contract saw a hike as well. The bid price rose to USD 3,167 per tonne from USD 3,153 per tonne with a 0.44 per cent increase, while the offer price recorded was USD 3,172 per tonne from USD 3158 per tonne, an equivalent increase by 0.44 per cent.
The LME aluminium 3-month Asian Reference Priceon January 14 was recorded at USD 3,186 per tonne.
On the inventory front, LME aluminium opening stocks further declined from 494,000 tonnes on January 13 to 492,000 tonnes on January 14, representing a 0.4 per cent decrease. Live warrants remained steady at 446,575 tonnes, while cancelled warrants continued to fall from 47,425 tonnes to 45,425, another sharp decline of 4.22 per cent.
Meanwhile, the LME alumina Platts price was assessed at USD 307.86 per tonne.
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