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Base metals analysts temper calls despite solid aluminium interest – 9 February 2026

A Reuters poll of metals analysts showed aluminium is expected to register meaningful annual gains (around +12% in 2026) among base metals thanks to energy transition and technology demand, though some caution about near-term speculative pullbacks. Summary : The very highest copper forecast from 31 analysts is for LME cash metal to average $13,250 per […]

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LME aluminium prices holding firm near ~USD 3,110 per tonne – 9 February 2026

According to London Metal Exchange (LME) official pricing, aluminium futures were reported around USD 3,110/t on 09 Feb 2026, with the contract showing some stabilization after earlier volatility in the first week of February. Market Snapshot (09 Feb 2026): Analyst Outlook: steady medium-term fundamentals amid supply-demand balance LME Aluminium (Cash/Spot): ~ USD 3,110/t (stable) India […]

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India MCX aluminium trades near โ‚น306.55/kg on 06 Feb 2026

MCX aluminium futures in India were trading around โ‚น306.5โ€“โ‚น307.0 per kg, showing modest movement on the day as global prices softened and domestic markets digested recent volatility. Summary : Going ahead, as the traditional demand drivers of industrial metals have stalled, the short-term price outlook remains under pressure. Though the new demand areas like the […]

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LME aluminium cash offer slips as prices correct early February – 6 February 2026

On 05 Feb 2026, the London Metal Exchange (LME) aluminium cash offer fell ~1.10 % to USD 3,014 per tonne, with the 3-month forward price also retreating amid profit-taking and market volatility. LME opening stocks were down slightly, signaling continued tight fundamentals despite short-term price corrections. Summary : On the supply side, LME aluminium opening […]

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MCX aluminium in India trades near โ‚น314โ€“โ‚น317/kg on 04 Feb 2026 – 4 February 2026

According to commodity price trackers, Indiaโ€™s aluminium futures on MCX were quoted around โ‚น314.8/kg on early trade on 04 Feb 2026, reflecting mixed global cues and local demand dynamics.๐Ÿ‘‰ Source: Economic Times MCX aluminium data โ€” https://economictimes.indiatimes.com/commoditysummary/symbol-ALUMINIUM.cms?utm_source=chatgpt.com Summary : Metals are surging in 2025 amid tightening supply, robust industrial demand, and a structurally weakening U.S. […]

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LME aluminium cash offer slips as prices correct on early February trade – 4 February 2026

According to AlCircle, LME cash offer price for aluminium eased to about USD 3,042 per tonne on 03 Feb 2026, with opening stocks modestly increasing to ~440,650 t, indicating some short-term price correction after recent volatility.๐Ÿ‘‰ Source: AlCircle LME aluminium price & stocks report โ€” https://www.alcircle.com/news/lme-cash-offer-price-slips-further-down-to-3-042-t-while-opening-stocks-record-a-modest-increase-of-0-29-117135?utm_source=chatgpt.com Summary : Prices further along the curve saw improvement. […]

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EU scrap aluminium export curbs face opposition – 3 February 2026

The Bureau of International Recycling (BIR) strongly opposed proposed European Commission restrictions on scrap aluminium exports, warning that such curbs could depress scrap prices and harm recyclers โ€” a development with potential downstream impacts on primary aluminium markets.๐Ÿ‘‰ Source: Reuters sustainability news โ€” https://www.reuters.com/sustainability/land-use-biodiversity/recycling-body-opposes-eu-scrap-aluminium-export-curbs-2026-02-02/?utm_source=chatgpt.com Summary : A global recycling industry body on Monday said the […]

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LME official pricing shows moderate weakness on 03 Feb 2026 – 3 February 2026

Official LME price listings for aluminium on 03 Feb 2026 indicate cash-settlement prices and three-month contract levels showing modest pullbacks amid broader market volatility, reflecting profit-taking after prior rallies.๐Ÿ‘‰ Source: LME official pricing resource โ€” https://www.lme.com/metals/non-ferrous/lme-aluminium?utm_source=chatgpt.com Market Snapshot (03 Feb 2026): Article Link : https://www.lme.com

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LME aluminium cash offer eases as prices pull back – 3 February 2026

According to AlCircle market reporting, the London Metal Exchange (LME) aluminium cash offer slid to around USD 3,110 per tonne, down from recent highs, with a notable correction in forward pricing and reduced market strength.๐Ÿ‘‰ Source: AlCircle LME price update โ€” https://www.alcircle.com/news/lme-aluminium-jolts-the-market-as-cash-offer-slides-to-3-110-per-tonne-117117?utm_source=chatgpt.com Summary : On January 30, which is the close of the week, the […]

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