Year-end momentum lifted LME aluminium cash to ~USD 2,968 / t on 31 Dec – 2 January 2026
End-of-year momentum propelled both LME cash and 3-month aluminium prices higher, while warehouse inventories saw a modest decline — a sign of sustained tightness in global metal supply. alcircle
Summary :
Both the LME cash bid and offer rose by USD 23 per tonne or 0.8 per cent, where the bid reached USD 2,967.5 per tonne from USD 2,944.5 per tonne and the offer price rose to USD 2,968 per tonne from USD 2,945 per tonne.
The upward trend continued for the LME 3-month bid and offer by USD 11 per tonne and USD 12.5 per tonne or 0.64 per cent, moving the bid to USD 2,988 per tonne, up from USD 2,977 per tonne and the offer at USD 2,990 per tonne from USD 2,977.5 per tonne.
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