LME aluminium prices remain elevated above USD 3,100/t on tight global supply – 14 january 2026

London Metal Exchange aluminium continues to trade above USD 3,100 per tonne, supported by structural supply tightness, falling exchange stocks and strong medium-term fundamentals. Prices have climbed sharply over recent months, showing resilience despite broader base-metal volatility.

 Alumina Prices Continue to Decline, SHFE Aluminum Edges Up] Overnight customs data strengthened expectations for US Fed interest rate cuts, coupled with continuous efforts by the Chinese government to boost consumption, driving aluminum prices higher.

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