
_0_0.png)
The London Metal Exchange (LME) aluminium prices continued to edge downwards on April 9. As cash prices and near-term contracts eased, the longer-dated contracts improved considerably. Stocks kept sliding down, indicating a continued high demand and supply pressure.
{alcircleadd}Explore- Most accurate data to drive business decisions with Global ALuminium Industry Outlook 2026 across the value chain
On April 9, LME aluminium cash bid price stood at USD 3494 per tonne, reflecting a 0.71 per cent decline from USD 3519 per tonne on April 8. The cash offer price settled at USD 3494.5 per tonne, down 0.72 per cent from USD 3520 per tonne on the previous close.
The LME aluminium 3-month bid as well as offer prices marked a decline of 0.23 per cent. The bid dropped from USD 3,463 per tonne on April 8 to USD 3,455 per tonne on April 9. Concurrently, the offer price slipped from 3465 per tonne to USD 3,457 per tonne.
Don't miss out- Buyers are looking for your products on our B2B platform
In contrast to the declining trend, the longer-dated contracts edged upwards on April 9. Both the December 27 bid and offer price improved by 0.83 per cent, as the former rose to USD 3,008 per tonne from USD 2983 per tonne and the latter closed at USD 3013 per tonne, rising from USD 2,988 per tonne on the previous session.
The LME aluminium 3-month Asian Reference Price on April 9 stood at USD 3,444 per tonne.
Must read: Key industry individuals share their thoughts on the trending topics
On April 9, LME aluminium opening stock came in at 403,875 tonnes, declining further from 409,900 tonnes on April 8, marking a 1.47 per cent difference. Live warrants slipped 1.5 per cent, down from 268,600 tonnes to 264,575 tonnes.
Similarly, cancelled warrants, falling from 135,275 tonnes on April 8, stood at 137,050 tonnes on April 9, decreasing by 1.31 per cent.
On April 9, LME alumina platts price settled at USD 307.38 per tonne.
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.
Image for referential purposes only
Responses







