LME aluminium price continues to rise, with the cash offer at $3520/t and opening stocks falling to 447,300t

The cash aluminium price on the London Metal Exchange (LME) edged higher on March 13 compared with the previous day, while the 3-month contract and longer-dated futures declined. Warehouse stocks on the exchange also fell slightly.

On March 13, the LME aluminium cash bid price stood at USD 3519.5 per tonne, up 0.10 per cent from USD 3516 per tonne on March 12. The cash offer price was USD 3520 per tonne, also rising 0.10 per cent from USD 3516.5 per tonne a day earlier.

In contrast, the LME aluminium 3-month bid price declined to USD 3485.5 per tonne on March 13, down 0.19 per cent from USD 3492 per tonne on March 12. The 3-month offer price fell to USD 3486 per tonne, a 0.23 per cent decrease from USD 3494 per tonne.

To know more about the global primary aluminium industry 2026 outlook, book the report “Global ALuminium Industry Outlook 2026”.

Further along the forward curve, the December 2027 bid price dropped to USD 3017 per tonne on March 13, down 3.24 per cent from USD 3118 per tonne on March 12. The December 2027 offer price stood at USD 3022 per tonne, a 3.23 per cent fall from USD 3123 per tonne.

The LME aluminium 3-month Asian Reference Price on March 13 stood at USD 3439.5 per tonne.

LME warehouse inventories declined slightly. Opening stocks stood at 447300 tonnes on March 13, down 0.63 per cent from 450125 tonnes on March 12. Live warrants remained unchanged at 272800 tonnes, while cancelled warrants fell to 172500 tonnes from 174500 tonnes, marking a 1.15 per cent decrease.

Meanwhile, the LME alumina Platts price stood at USD 302.86 per tonne.

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