Adv
LANGUAGES
English
Hindi
Spanish
French
German
Chinese_Simplified
Chinese_Traditional
Japanese
Russian
Arabic
Portuguese
Bengali
Italian
Dutch
Greek
Korean
Turkish
Vietnamese
Hebrew
Polish
Ukrainian
Indonesian
Thai
Swedish
Romanian
Hungarian
Czech
Finnish
Danish
Filipino
Malay
Swahili
Tamil
Telugu
Gujarati
Marathi
Kannada
Malayalam
Punjabi
Urdu
AL CIRCLE

LME aluminium cash offer slips to $3,639.5/t amid softer trade

EDITED BY : 3MINS READ

LME aluminium cash offer slips to $3,639.5/t amid softer trade

Stock image for referential purposes only

In comparison to the previous day’s close, the London Metal Exchange (LME) aluminium price on May 12 dipped slightly. A similar movement was seen at the LME inventory level, but the live warrants and alumina platts price showed no change from the last day’s closing.

{alcircleadd}

The LME cash bid declined by USD 15 per tonne or 0.4 per cent, changing from USD 3,654 per tonne to USD 3,639 per tonne. Similarly, the LME cash offer also dipped by USD 15.5 per tonne or 0.4 per cent, moving down to USD 3,639.5 per tonne from USD 3,655 per tonne.

To look for buying or selling leads of primary aluminium ingots, visit our B2B marketplace.

Looking at the forward-dated contracts, the LME 3-month bid inched down by USD 4.5 per tonne or 0.1 per cent, from USD 3,570 per tonne to USD 3,565.5 per tonne. At the same time, the LME 3-month offer finally stood at USD 3,566 per tonne from USD 3,571 per tonne on May 11, reflecting a change of USD 5 per tonne or 0.14 per cent.

The downward price movement continued in the longer-dated contracts, where both the LME December 27 bid and offer inched down by USD 8 per tonne or 0.3 per cent, with the bid shifting from USD 3,153 per tonne to USD 3,145 per tonne and the offer from USD 3,158 per tonne to USD 3,150 per tonne.

Check out the forecast of the global bauxite and alumina market till 2036, book the report “Global Bauxite & Alumina Market Forecast to 2036: Supply–Demand, Trade Flows & Price Outlook

The LME 3-month Asian Reference Price moved down by USD 17.5 per tonne or 0.5 per cent, where on May 11 it was recorded at USD 3,579.5 per tonne, which on May 12 changed to USD  3,562 per tonne.

At the inventory level, the LME opening stock shifted from 355,775 tonnes to 353,350 tonnes, showing that it moved down by 2,425 tonnes or 0.7 per cent. Concurrently, the cancelled warrants changed from 21,625 tonnes to 19,275 tonnes, reflecting a difference of 2,350 tonnes or 11 per cent.

For forward-thinking aluminium market insights amidst supply chain and price challenges, read "ALuminium LeaderSpeak 2026."

The LME live warrant showed no change and on May 12, it is recorded at 331,725 tonnes.

At the same time, the LME alumina prices also remained unchanged at USD 307.15 per tonne on May 12.

Trading aluminium across borders? Find out the exact cost you need to bear for the embedded carbon in the product by using this CBAM calculator.

Google Preferred Source


Adv
Adv
Adv
Adv
Adv
Adv
Adv
EDITED BY : 3MINS READ

Responses

Adv
Adv
Adv
Loading...
Adv
Adv
Adv
Loading...
Reports VIEW ALL
Loading...
Loading...
Business Leads VIEW ON AL BIZ
Loading...
Adv
Adv
Would you like to be
featured with us?
Loading...

AL Circle News App
AL Biz App

A proud
ASI member
© 2026 AL Circle. All rights reserved. AL Circle is not responsible for content from external sources.