LME aluminium prices strengthened on November 19, with gains recorded across cash, 3-month and December 2026 contracts compared to the previous session.
The LME aluminium cash bid increased from USD 2,748.5 per tonne on November 18 to USD 2,780 per tonne on November 19, marking a 1.15 per cent rise. The cash offer also moved up from USD 2,749.5 per tonne to USD 2,781 per tonne, up 1.14 per cent.
The 3-month bid price climbed from USD 2,785 per tonne to USD 2,805.5 per tonne, a gain of 0.74 per cent, while the 3-month offer rose from USD 2,787 per tonne to USD 2,806 per tonne, an increase of 0.68 per cent.
Further along the curve, the December 2026 bid advanced from USD 2,825 per tonne to USD 2,837 per tonne, rising 0.42 per cent, and the offer moved from USD 2,830 per tonne to USD 2,842 per tonne, up 0.42 per cent.
Asia’s LME aluminium 3-month Reference Price, as of November 19, stood at USD 2,619.50 per tonne.
On the inventory side, LME aluminium stocks softened between November 18 and 19. Opening inventories eased from 548,075 tonnes to 546,075 tonnes, a drop of 2,000 tonnes.
Live warrants fell more steeply, sliding from 522,225 tonnes to 490,775 tonnes — down 31,450 tonnes. In contrast, cancelled warrants rose from 25,850 tonnes to 55,300 tonnes, an increase of 29,450 tonnes.
Meanwhile, the LME alumina Platts price was assessed at USD 319.15 per tonne.
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